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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Sept. 19, 1907)
B THE OMAHA DAILY fcEE: THURSDAY, SEPTEMBER 1I, 3007. th balance sheets of recent date, and that h had Made, Bo seanohj lor tha balance sheet previous to Mr. Fay tejtlfled that ha had imA no balance sheets of th IWatere-Plerc OH company. "Why la It that your offlca. which haa In formation of other companlea, haa no In formation tt ths "WaUrs-Plercs Oil com pany T" asked Mr, Kellogg. "i do not know." replied Mr. .Fay. , , Bradlaa; Aatl-Trts. TLnw. Charia M. Pratt, secretary of tha Stand ard .Oil company, took tha witness atand thla afternoon. He aald during- receas that repreaentattvea of the government were going orer tha ledgers of the liquidating truateea and that Information concerning the liquidation of the trust waa being pre pared for presentation In court. Mr.- Pratt was shown a, statement show ing the Income ot the Btaadard Olt tom pany of New Jersey from the C. M. Pratt Investment company and asked If the Income waa the total amount of divi dends received fram tha Watera-Plerce company. He replied that It was. Mr. Pratt said that the. , cartlAcates he held In the Waters-Pierce Oil company were endorsed In blank, by H. Clay Pierce of Bt. .Louis, the president. Prior to 1900 the Waters-Pierce Oil company of Texas had a capitalisation of 1400,000 and tha Standard Oil company owned JJ47 shares, Mr. Pratt said he paid out of his pocket $475,000 for the stock and held It In the Interest of the Standard Oil company. In May, 1905, the new' Waters-Pierce Oil company was formed with the same cap italisation, and Mi". Pratt exchanged the old certlflcatee for the certificates of the nw company. "Why did you hold this stock for .the Blandard OU company T' asked Mr. Kellogg. As a matter of convenience," was the reply. "Now, as a matter ot fact, did you not Hold this stock to evade the .anti-trust laws ot Texas?" "I do not know," was Mr. Pratt'a answer. Hale of Waters-Pierce Stock. I Mr. Pratt said that In March, 1904, he old the Waters-Pierce stock to M. M- Van liueren, who, the witness said, had no con nection with the Standard Oil company. Mr. Van Bueren paid about $4,000,000 tor the, stock, giving $150,000 In cash and the rest in notes. The cash and notes, Mr. Pratt said, were turned over by him to the Standard OH company. . Mr. Pratt said he did not know why the stock was sold io Mr. Van Bueren. "The dividends tha first year he held the stock amounted to $J,00,000 and you sold the stock for $4,000,000. Did you think that a good price for the stock?" , "Yes; I considered It a fair price," was Air. Pratt's reply. . "Did you consider the sale bona fide?" "Yes, sir." Mr. Pratt said that Mr. Van Bueren returned the dividends. to the -Standard Oil company and recently .sold the Waters Pierce stock back to , the Standard Oil Company of New Jersey and the cash and notes which he paid for the stock were Returned to him. i NEW YORK SCHOOLS CROWDED Report of Superintendent Maxwell I Shows Twenty Then sand More tha Last Year. ' NEW YOR4C. Sept. 18.-S1X hundred and itilrtjr-seven thousand three hundred and eighty-seven children are enrolled In the schools of New York this faTt, according to the figures compiled by' the 'superintendent, William H. Maxwell. This Is an Increase vol more than 20,000 over last year. The figures 'show that In three boroughs there in 64,4 10 pupils, who are on part time, owing to lack of room, This Is a. de crease of K,4.sipoe September,, 1906. This number will be lowered In a month, when ,000 extra sittings wrM be available through jne completion or several ecnoois. v Exhibit of Black 1IU Minerals, HURON. B. D.. Sept. 18.-(Speclal.)-At the close of the state fair last week the 'extensive exhibit of Black Hills' minerals. ' which attracted wide attention, was pre anted to the State Board of Agriculture arid wilt hereafter form a portion of the mineral exhibits at the fair each year. "The gift, y, however, does not include the exhibit, made by the etate School of Mines, but aside from this Is one of the finest and most .extensive collections ever made In this section of the country. In order to give the people' of the state and others an opportunity of viewing this exhibit. It has been removed to Pierre for the Gas Belt ex position lb that' city, but' will be returned here as soon aa that exposition closes. Olve the children, all they want. Cross -- Ceugh . frops. 4c per box. . Red AU0ISON "Arrcw . i , ,. M ! COLLAR Made of Clupeco Shrunk Fabrics v cachi llarUf "Wim Men" Take notice! ' To those of you who have le?a wearing $2.50 shoes,'-. Jmu'te thislnea-. sag: !Ourvpecial $3.50 Shoe is k world-beater nothing like-' it sold in Omaha. . At any rate, it is a specially constructed shod andvhas inore real style value and quality in it than any shoe at th? .price, you, ever saw. Jylade in patent eolt, ve 16ur box vc.tf "and vici kid, and in laf, blucher I and button styles. Sold at the nniform price of Brexel Shoe Co. ARRESTS FOR CAPITAL GRAFT Pennsylyani Officials tad Contract on Called Into Court. WARRANTS ISSUED FOR FOURTEEN - i Praaeentlast Will taring All Perwai Mentioned y Sneelal Investi gation Cnaansliu'aa la R enort. HARRISBURO. Ta., Sept. II. -Warrants for the arrest of fourteen persons Involved In the state capltol scandal were Issued today by two Harrisburg aldermen on In formation furnished by Attorney General Todd. Each of the defendants Is charged on several counts with conspiracy to cheat and defraud the atate by making ' false Invoices and four of them are also charged with, obtaining money under false, pre tenses. Following Is a list of the men for whom warrants were Issued: Joseph M. Huston, architect, and his active assistant, Stanford B. Lewis, .both of Philadelphia. John H. Sanderson, Philadelphia, chief contractor for furnishings. Congressman' It. Burd Cassel, Marietta, Pa., treasurer and executive officer ot the Pennsylvania Construction company,, con tractors for steel filling cases. James H. Shumaker, Johnstown, Fa., former superintendent of public' grounds and buildings, who receipted for' the .fur nishings. ' George S. ' Payne and his partner. Charles O. Wetter, both of Philadelphia, builders of the capltol and contractors for the 1303,000 attic. . William P. Snyder, Spring City, Pa:, former auditor general, who approved the warrants of the contractors. William Im. Mathucs, Media, Pa., former state treasurer, who paid the bills of the contractors. Charles F. Kinsman, Wallls Boileau, John O. Nelderer and George K. Storm, all of Philadelphia, stockholders In the Penn sylvania Bronte company, organised by Sanderson for the manufacture of the 12,000,000 light fixtures. Frank Irvine, auditor In the auditor general's office, who audited the accounts of the contractors. The men' for whom warrants were Issued Include all of the eighteen persons and firms mentioned by the Investigation com mission In Its report to Governor Stuart as being involved In the capltol contracts, with the exception of Frank 1 G. Harris, former state treasurer, and Edward B. Hardenborg, former auditor general, both of whom were members of the board o( grounds and buildings that awarded the Cassell contract, George C. Kelm, book keeper in Shumaker's office, and the pres ent deputy superintendent of grounds and buildings, and the International Manufac turing and Supply company, an alleged 'dummy" bidder against Sanderson. Based a Report of Cora ml Ion. KH1LADEL.PH I A. Sept. 18 -The arrests are based on the report made to Governor Stuart by the commission crested by the legisluture to Investigate the capltol scan dal. They will be followed by civil suits for the recovery of a portion of the J9.00, 000 collected by contractors for the furnish ing and equipping of the capltol. Ir. Its report made public about a month ego the commission named eighteen per sons and firms as being Involved in the capltol contracts, and 'recommended prose cution of ' any and all persons concerned in the fraudulent transaction, named speci fically, and all persons, who may be di reetl v m Indlreetlv Involved." :"( -nn John H. Sanderson and .Joseph M. Has tori of this city, left for the state capltol at 10.3 a. m., 'to appear before a marls trate. Both were accompanied by coun sel. Both had spent the summer away from Home during the Investigation of the fraud charges and only returned to this city yesterday to await the summons. The men involved In today's action are: Joseph M. Huston of Philadelphia, whose commissions as architect for the capltol commission for the construction of , the building and for the board of public grounds and buildings, by which It was furnished and equipped, amounted to f&S, 00. Huston collected all of his commit slons, execept 1104,000, which State' Tress urer Berry refused to pay on the ground that there was evidence of fraud and collusion in his -transaction? wb the board. Huston was one of the foremost architect of Philadelphia. ianderson Got Five fuljlfons. John H. Sanderson of Philadelphia col lected more than fE.2C0.000 for lighting fix tures, furniture, marble and mahogany wainscoting and other furnishings df the building. The state still owes him 1108,000 for furnishings, which State Treasurer Berry refused to pay on the ground .that there waa evidence of fraud In the con tract. Sanderson served as an aid on the military ataff of Governor Beaver.; He retired from business after the exposure ot the rapitol scandal aad has since- been spending most of his time in New York. Congressman II. Burd Cassel of Marietta Is treasurer and executive officer of t the Pennsylvania Construction company,' which haa had a monopoly of the - contracts, for metal furniture for the state department for ten yeara or more. Cassel's Arm col lected $2,000,000 from the state for . steel filing cases for the capltol. Cassel Is one of the republican leaders of ' Lancaster county, and before he waa elected to con gress from that county Ave years ago he served three terms m the state legislature. COURSE OF PRESS APPROVED Mem lie ra of Asaoclnted Meeting at tif York Cnmnllaaent Handling of Strife. NEW TORK. pt. 11 At the annual meeting of the members of the Associated Press, held here today a resolution was unanimously adopted approving the course of the officers of the Associated Press In dealing with the telegraph operators' strike. Notleo. Fifth ward republican club will meet at MoKenna's hall Sixteenth and Locust street Thursday evening September It, meeting called to order at I o'clock. WILLIAM CHRISTIE, President. BEN J. 8 TONE, Secretary. DEATH RECORD. rrk V. Otis. Frank L. tXls of S858 SVward atreet. died at. his homo Tuesday night. He- was 6S years of age and had beea aufiertng from tuberculosis. Three daughters. Mrs. Theresa Goddard. Mias Frankle Otis and Miss Sarah Otla. and hta wife, survive him. Th funeral aervlce will be held at tha residence Thursday afternoon at 1 o'clock. ' with Interment at Foreat Lawn cemetery. To Prevent Iters irons Cracking use Quick Bhlr.i alio Polish. It oil, pol ishes and gives a patent leather finish and la water-proof. Ask your dealer for It Constantino Mnroer Trial Begins. CHICAGO. Sept. m. Taking of testimony was hofun today in the trial f Frank J. Constantlne. aroused of tho murder of Mrs. Louise Gentry. The state's attorney In opening said it would be shown that Consiantme inurdwed the woman after a dispute with aer ajout his failure to repay money borrowed t'roia liie Gentry. TUp defense contends that Mrs. Gentry com mitted suicide. The Ursl witnesses testt- fled that after hearing Mrs. Gentry seresm, Constantlne wsa aen running from the rear lnor of the apartment building; that he asked the Janitor to get his hat tor htm, but that when the Janitor, having learned of the murder, returned to look for him, Constantlne had fled. STATE BANKERS HERE (Continued from First Page.) with the heartiest expressions of approval and applause. The following resolution was unanimously adopted: In view of the Important and valuable services rendered by our efficient secretary, w. a. Hughes, during the last year, and from the further fart thst he has not been enabled from the press of business to enjoy ms annual vacation, De it Resolved, That this association Invite Mr. Hughes to acromnanv its deleastlon to the national bankers' convention to be held at Atlantic City, and that his entire ex penses be borne by this association and that he shall be permitted to drink all the good cold water on the trip which he can absorb. Hill Speaks r rroxle. v President Hall stated that he had invited James J. Hill to be present at this meeting, but that the great railway builder, while expressing a desire to attend, could not do so from the pressure of other business, but that he had kindly prepared a paper to. be read before thla gathering, which would be read by W. H. Bucholi of Omaha. Mr. Hill's paper is In part as follows: "The business situation. Its needs and the general outlook In this country, con cerning which much natural anxiety fa ieit just now, will be understood by our people only when they see how closely these are related to the world wide condi tions. The United States has magnificent resources and much independent strength. But It Is a part of the world: tied up In the same bundle with the rest of the com mercial world by .the thongs of trade and finance., . Exactly as there cannot be a great change In the price of wheat In Liverpool or in Odessa or In Buenos Ay res Ithout a corresponding change In Du- luth, Chicago or New Tork, so a varia tion In the Interest rate, arlslnr from causes now general throughout the world, will be reflected not only In Wall street. which is the financial -center of the business of this country, but In Omaha and St. Paul,, and ultimately in every village and every home In the United States. Thla great and true law must find Its place In every mind before we can rope to under stand the present or plan rationally the future. Now, the most Important factor of today Is that there is a scarcity of capital and a shrinkage of credit throughout the en tire civilised world. The supply of money for Investment purposes Is not sufficient for the business transacted, and what money there Is answers but timidly and reluctantly to the soundest and most tempt ing overtures. This la true In London and Parla and Berlin, Just as it Is in New Tork. It Is a general condition, and bears upon this country even more hardly than It does upon those whose surplus accumula tions are greater and whose Immediate needs are less. It Is reflected in every loan market In Europe and elsewhere; Money can no longer be obtained on the best security on. the old terms, and. In many cases, it cannot be obtained in the amounts needed at all." .i .. Reaaon for Money Stringency. There Is no mystery about the feasona for the conditions stated. Available cap Hal all over the world has become scarce. Like any other commodity, money, when scarce, commands a higher price. Hence Increased Interest rates, a diminishing sup ply and lowered prices for ' securities car rying the low rates obtained when capital waa more abundant and anxious for In vestment. -The 'lirtms fe f 'the1 cW'ge Is the enormous destruction of .wealth and the corresponding l demand fpr lew capital resulting from the South African, and the Russo-Japanese wars. "The amounta involved In these wara are so vast that they form a considerable part of the free capital of the world; meaning by this, the capital available for Invest ment.' Therefore the change has been felt everywhere In falling prices and dull markets for securities. - "Along with this diminution of free cap, ital ' has gone " something much more serious, which Is an impairment of public confidence, resulting In a restriction of Credit. About 96 per cent of the business of this country is transacted through the use of Instruments and forms of credit, without the Intervention of actual money. If, therefore, the curtailing of the volume ot money free for investment has pro duced effects so profoundly serious, the restriction of credit must be many' times as great. It Is not only that there la less to be Invested, but that there Is less disposition to Invest. This Is apparent a has been shown, in other countrle as well as In our own. But we- suffer most severely because we, for our development, need capital for new investment more than any other country In the world." Ko Menace la Conditions. "There is no great menuce in the exist ing business situation. It Is rather a time of waiting. Those who have capital to Invest, the small aa well as the great. want to know what Is going to happen. General conditions are not markedly un favorable. . There is some- noticeable slackening. Order In important lines have fallen off. Some shaky concerns will collapse. There Is the prospect of a fair crop, nut hardly more. The course of business may easily be turned In one di rection or the other. The country needs more than anything else th elevel head and the steady hand that can understand the situation and so deal with it aa to recreate confidence, prolong prosperity and promote material development where now the wheela hang on a dead center, uncor tain which way to revolve. Our credit must be restored; it must be maintained and it must be used. The slowly reviv ing resources of the world, built up by the Industry of millions all over the earln In these days of peace, must be husbanded and turned Into the wa'ting and thlmy rhannela of our great Industries. Con structive and not destructive work, cau tion Instead ot rashness, a sense of' tho absolute Interdependence of all Intoreski, FOVND OIT A Trained Korea Mada Discovery. No one is In better position, to know the value of food and drink than a trained nurse. Speaking of coffee, a nurse of Wllk-.'s Barre, Pa., writes: "I used to drink strong coffee myself, and Buffered greatly from headaches and Indigestion. While cn a visit to my brother I had a good chance to try Postum Food Coffee, for they drank It altogether In place of ordinary roffoe. In two weeks sfter using Postum I found I was much benefited and finally my head aches disappeared and also the Indiges tion. V "Naturally I have since used Postum among my patienta. and have noticed a marked benefit where coffee haa been left off and Postum used. "I observed a curious fact about Postum when used among mothers. It greatly helps the flow of milk In cases where cof fee Is Inclined to dry it up, and where tea causes nervousness. "I And trouble In getting servants to make Postum properly. They most al ways serve It before It has been boiled long enough. It ahould be boiled 16 to to minutes after boiling begins and aerved with cream, when tt is certainly a dell clous beverage." Read The Road to WeUvtli-. la pkga, "Tare's a Reason. a knowledge that the nil of one is the injury of all, and that all must work to gether candidly and fslrly for safety as well as for progress these are policies that will carry the country aecurely across the dangerous waters. Whatever pro motes confidence between man and man, willingness to work on ths one side and to furnish the working capital on the other will accomplish most. 1 Whoever lends his voire and hit Influence to this Is not only the most sagacious business mn, but Is also In a large ,and worthy sense the truest patriot and th most ex emplary cltlxen." Wednesday' Session' Opens. The eleventh annual convention of the Nebraska Bankers' association began Its sessions of three daya at the Rome hotel Wednesday morning, being called to order by the president, P. L. Hall, of Lincoln. About 200 bankers have already registered and more are arriving with each incom ing train. The proceedings were opened with an In vocation by Rev. B. H. Jenks of the First Presbyterian church. The address of Welcome w delivered by Henry W. Yates, president of th Ne braska National bank and , Omaha Clear ing house. "It Is certainly fin honored privilege for me to welcome you to this city for this occasion." said he. The hospitality of Omaha Is so welt known that all I can add Is to say when we open our doors all you have to do Js call.' for anything you want. We are giad you ' are here and want you to come again. Your coming here Imposes no burden upon us except to assure you ot bur cordiality and pleas ure for your presence. . "The tide ot prosperity Is at Ita height In this state and city and we believe the bankers of Nebraska have much to do with that prosperity." The banking conditions tof a community are the gauge of the business and com mercial conditions of that, community. The question occurs to us, have we reached the top notch of prosperity?- Aa far as Ne braska is concerned there exists no threat of disaster or change from our present pros perity. The fields of Nebraska are the most productive In the World and we bank ers, though first to borrow trouble from threatened panics, can see no occasion tor alarm here." Causes of the Panic. . Mr. Tates then went Into an extended discussion of the causes 6f the panics of 1857, 1873 and 1S93, antf showed that the' banking Interests of the west could profit by those experiences which were the re sult of overvaluation which had no sub stantial basis. . The land of the west in those early days of .panics had no pro ductive value, as It has at present. . "The difference between then and now," he said. Is that the capital Invested now Is real capital based upon the Standard of value ot the world.' No panic" can occur when there Is no shrinkage, of capital. The' panic of 1S9S was due to political and legislative Influences. Billions of securities were floated with but little tangible value and capital had to be found to absorb the millions of securities coming In. The weak spots In our financial system were shown then, and how we can avoid them. There Is a very essential difference between real values and fictitious values: I can see no cause for alarm In banking -or financial conditions at this Mine m Nebraska. We as bankers are proud of dur state, and It is not vanity to say that Nebraska ahould be proud o her bankers.. . Proad of Omaha. "We here in Oman are proud of Omaha. There is no friction "between this city and (lie rest of the Btax'trC'TTils was shown by uie standing or jut pjnaha banks during th former j panic. - when their would bef ctotHpetltors ''Were ' tailing like chaff and" when' tfte !,1dmaha'' banks ' came to , their'' relief. ' .'t'rs not, trbe that 6ma,ig Is. env)ou of? IrilmlcaJ to the Inter ests of any other .community of the state. Omaha Is eloquent In kta seal for the wel fare of all. bf 'Nebraska. This hat been shown In 'our .' nnttanl convention, ;When such men as .Manderapn, Thurston and Millard spoke Tor - all th state." We must stand or fan together, . for the prosperity' of Omaha 'means the pros perity of' all of Nebraska. One year ago the' deposits In the - banks at Omaha and South Omaha were aT,00;000. and this year they are $63,000,000, or,an increase of 118,000,- 000, or nearly -60 per cent In one year. We want you to enjoy yourselves In coming here, and when you have any bank ing to place out in the, state we want you to place It In Omaha." . Prealdeat Hall Responds. President Hall responded to the address of welcome on behalf of the association Ha aald: "I want to thank Mr,. Yates for this cor dial expression ot welcome, which we know Is sincere. Omaha Is the gateway of Ne braska. We are proud of thla city and we appreciate what Omaha did for us dur ing the gloomy .days of the panic. I know that there is a cordial spirit throughout the state for Omaha, wljh all its bankers. We know and appreciate the value of Omaha. I want to ooncede to all that Mr. Yates has said and mbre. There is no dis position on the part of Hastings, Lincoln or Grand Island' to be envious of Omaha and I aecond everything that Mr. Yates has said. I hope there la no feeling of Jealousy in Nebraska against any com munity, and I agree to the proposition that when we have any banking ,to place we should place it In Omaha rather than go outside the state." ... Mr. Hall then delivered his annual ad dress. In which he allowed tho associa tion to be In a most prosperous condition. He read from' carefully compiled statistics that th wealth product from the farms, fields and manufactories of Nebraska for the year Just closed was $290,00,00. Coo' of Mining Committee. "A year ago we appointed a committee on mines and mining Industries," continued Mr. Hall in his address, "and the appoint ment of thla committee was-taken aa a Joke. But I And from the report of this committee there has been, produced from th wheat, corn, hay, alfalfa, live stock, snd miscellaneous mines of Nebrsska dur ing the last fiscal year 217,88,4 of pro ducts, as. against 1J2.:90.07 from the gold, silver, copper and coal n-lnes of the states of Colorado, California, Alaska, Arixona, Michigan and Pennsylvania, or IU1S,i)08.J85 more from the agricultural mines of Ne traska than from these exclusively min ing state. Nebraska hat been fortunate in the honest management of her banks, and the' banking Industry of the stale stands as a bulwark against any present or future calamity, financial or otherwise." The reports of the secretary and treas urer were submitted, approved and ordered filed. Each of thein showed the associ ation to be In a remarkable healthy atate. The present membership was 71? ss against 831 last year. Home and Bona Insnraac. The report of the executive .committee on the matter of the Home and Insurance bond company proposition submitted last yesr was read and tiled. Mr. Yates, aa chairman of th committee, added his per sonal appeal to the members taking a greater interest In this Important proposi tion that meant ao much to th -banking Industry. Tho appointment of tbe standing com mittee of the association was deferred until the afternoon meeting. Owing to the poor acoustic properties of the convention hall In the Rom hotel, the remaining sessions of th convention will b held at the Elka hall. Fifteenth and Famam streets.' Among th more prominent banker present st the meeting are: C. K Burn ham of Norfolk, E. R. Ourney of Fremont, C. B. Anderson of Crete, V.' Franklin Of McCook. E. F Wallace of Exeter and C. HiUlreth of Franklin. From outside the state are: H. R. Kent of the Fort Dear born National bank. Chicago; George 8. Hovey of Kansas City, C. O. Hutchinson of Kansas City, L. L. Work of Concon nally. Wash.; W. P. Pickey of Chicago, W. P. Pickey of Sioux City. IA S. Crlt chell of Sioux City and Rufua Cor of Kan sas City. Program for Tharariny. Following Is tbe program for Thursday: 10 A. M. Address Judaic William Hayward Nebraska City. Address "A Central Bank of Issue'' Hon. George E. Roberts. Pres. Commercial National bank. Chicago, i Address Frank W. Sloan J President Geneva state bank. Address "The Ideal Relationship j Between Banker and Customer. , J. P. A. Black. President drrman National bank. Hastings 2 P. M. Committee Reports: National Financial Legislation, Membership, Educational, Protective, Resolutions. Address "Surety Bonds" J. O. Lowe. President Farmers' bank. Kearney. Address "Opportunities" George N. Seymour. President Elgin state bank. Unfinished business. S'ew business. Nominating committee, report. Installation of officers. Adjournment. 8 P. M. ! Banquet at Rome hotel. j FRED CUSCADE STRIKES VERSE Cashier of Erlcson Telia of Banker's Life In Poetry. Fred A. Cuscadcn, cashier of the Erlc son State bank, and his brother, .Robert Cuscaden, vice-president of the same, are at the convention. They are both Omaha men. "Crops are nil right In our part of thn state." said Fred Cuscaden. 'The calamity howlers are going to get a solar plexus this fall when the number of million bush els of corn is figured up. Prosperity Is so rampant out our way that Some of the farmers pull out their bulky wallets ".id want o pay us evey time we balance up their account books. We are thinking of Ordering our books of Individual de positors so made as to contain six figures. In order that when t.e farmer deposits (100,000 or some such sum we will be able to enter It in one entry Instead of making two, aa we have to do now." Being pressed for further Information, Mr. Cuscaden burst Into original poetry, with tho following effect: O, a banker's life Is the life for me. Yo ho, yo, and A bank cashier I would rather be Than live a life on the rolling sea, Or do anything else on land. Chorus: He'd do nothing else on land. O. say no more of the shop or store. Yo ho. yo hank: J Theological, legal and medical lore Are only to me a perpetual bore I'd much rather run a bank. Chorus: He'd much rather run a bank. Cashier W. 8. Marr of the Franklin County bank of Hildreth blames a some what abridged corn crop In that part ot the state on bleeding Kansas. "I always said that If we had a high board fence between us and Kansas we'd never have a crop failure." he declared, vehemently. "Our corn looked good until those hot winds swept up and Jumped Vit of their district over the state line Into Nebraska. Fortunately our farmers had such la, bumper crop last year that they won't suffer any and w'll have plenty for feeding purposes. Maybe we'll get enough next year to make , up for this." J. P. A. Black, one of the best known men in central Nebraska, Is attending the convention. Mr. Black waa a candidate for governor In M. He was one of the state's pioneer bankers. . , I 'George W. Sheppord and myself started the Franklin County bank ot Bloomlngton In 1S82." he said. "We had about $3,000 In deposits. When the town of Hildreth was started we went over there and launched a bnnk. We Were ready to do business nearly aa soon as the town was laid out. We had a little back room behind 8am uelson's store for a banking office. It had one small safe and pine table covered with oilcloth. But it was good enough for the times. A fire burned us out snd then we did business for a time in a little room In the hotel." ' Mr. Black's father came to Nebraska In I860 aa a missionary to the Omaha Indians in th Blackbird hills, now Thurston county. Mr. Black studied law In the office of Cobb, Marquette & Moore in Lincoln. Then he went to western Nebraska and engaged in tho practice of law and later launched into banking. He Is now president of the Ger man National bank of Hastings. Substitute articles , pay larger profits. That's why the dealer tries to change your mind. When your mind Is made up, keep It so by insisting on getting what you want. Accept no aubstltutes. HIGH GRADE VARNISH AND STAIN COMBINED There is no excuse for having the finish on your plate racks in a marred condition. A coat of jap-a-lac can be applied in a few minutes at a trifling cost. Suppose you get a can today and see for your self just what a wonderful improvement it makes. SIXTEZN BEAUTIFUL COLORS. SIZES FROM FOR 5AL BY U nR5T O.A5.S WIHT.tUROWAHF AttWjOKAl.tftiJ RtFUSC - SUiKTlTUTIS J?p-a-Lac Headquarters and at best prices, at the Sherman A MrConnell Drug Mores. V pt. Jap-a-lac, any color 15c H pt. Jap-a-lac. any color Jf.o t pt. Jar-a-lae, anv color e 1 qt.. TCc; H gal. II SS: 1 gal 1160 Be us fur all kinds of paints and varnishes and brushes. SHERMAN & McCONNELL DRUG CO. Corner ltth and Dodge Street. OWL DRUG CO. Corner 16th and Harney Streets. n iM.Vn' The officers of tills bank extend to visiting bankers a cordial Invitation to call at tine bank at any time of tne day during the con vention, or at any other time when In the city. ES"flE i few-Eft ' DIAMONDS in which quality is the predominat ing characteristic. Reflect a. Moment and you will b convinced that such Is the case. Years of fair dealing with the public, and giving honeat values, has enveloped the name of EDHOLM In the atmosphere of abso lute reliability and trustworthiness so that any Tiece of Diamond Jew elry purchased here carried with 11 the assurance of Its being Modern, TTp-to Date and In Oood Taste; to gether with a keen Knowledge pt diamonds and special buying facil ities, thereby Insuring you prices are the lowest, for the Quality. . ALBERT EDHOLM 16th and Harney Streets Have Us Repair Your Shoes We employ nothing but experienced workmen, men who understand thoroughly the making and repairing of -fine shoes. We furnish them with the most modern machinery. Our shop is equipped with a Goodyear stitcher and all other modern machinery the same us a factory. Our leather and muterlal Is the best quality. Oive us a trial. Phone us W Call for and DUvr All Work Tre. MEN'S HALF SOLES Sewed . v. . . . 90c Nailed o 6c Men s Heels S5c Ladies1 half soles Sewed 75c Nailed 50c Ladles' Heels . 25c RVUBER HEELH Ladles' or- Gents' .'i , . . 60o Shoe Laces, Polishes, . Shoe Trees, Ktc, always In stock. Standard Shoe. Repair Co. 1804 Farnom St. TelephoB Douglas TB87. Attention! Ak-Sar-Ben Vsitors YOU WILL WAST A PLACE TO SLEKI AM EAT. WRITE US. We W'iU. Reseryci You a Room. We Hare the Most Desirable Rooms In All Parts of the City WE IXSPXT ALL ROOMS DEKORK WE LIST THEM. Save Time Money and WorrjfV See Vs. OMAHA RENTAL CO. Doug. 8881 808 N. Y. Life Bldg. lira. WiBBlcwU SoctMug Syrup . Itaa Mil. WMI x II PAlNi CI'llPS WIND C(lI IC.U(l is ths ht trmtrit orDIAHHHiA. Bolrt bf rruiritiiiatTery rri of lit world, if tMre na "k for"Mn. Wid. iiiur'a flnothiliff Rvruh." sod Uk no othrr stud Twnty-nv rrnta a bottle rnid aud urn Act, Jun ma. IMA Hrrlsl NutnhM J. XH OLD AKl WELL T10Ei MJUUMTl, , I . ..'?S--Trf-o--..f' v vt; t mm- Th Acme of Spectacular Achievement GREGORY'S "THE SIEGE of JERICHO" Stsge 375 Feet in Length. 350 People. Wonderful Electrical Effects. $1,000 Display Fireworks) Nightly: All Week at Vinton St. Bast Ball Park f . Special tuirsuay night "elks." ii i The Tailor's Hame IT IS NOT always the bet evidence that you've got your money's worth simply because the name of sonie way up tailor appears on the hack, ot your coat. Perhaps you paid a fancy prlco for the name? Imagination plays the leading; part when you've paid more than a reason able margin of profit for your attire. We have the fabrics the expert cut ters and skilled tailors to make good our boast that Nlcoll leads, for bet tailoring and at a moderate price. ' ' J Tnosers $6 to S12 Salts US to $58 THIO TAILOR. WILLIAM JEUREMS' SORt ; 200-11 Ho. rath BU 1 im in -)'u'i'HiM"ioiirnfi.i i i AMUSEMENTS.' AUDITORIUM I- . !' . Ellery's Great Italian Band OXE WEEK. BEGINNING MONDAY, SEPTEMBER 23 ' Entire house for Monday night soltfto Masonic Grand Lodge of Nebraska.) ' Reserved Seats Go On Hale at the Audi torium, Friday, Hept. 20; at 100 Clock. PRICE! 23c, 85c gad SOc. KRUR THEATER UllUU 15.25.50.75c Matins Todiri .... 25C TOVTOKT Th Kerry Musical Melange " LADY BIRDS IHCMDAY TOlTIfO BryrAT,0 1st xixra- or in mua wist. . - BOYD'S THEATRE Till irTEBIOOV TOSISST TUB MUSiqll. JtAOsT - ' She ROY At CHEF TOVKSSAY. rmtSAT, SATTTBDAT Th Tumsfal- Mastoal Oddity - THE YANKEE REGENT . 7ZTX TOST JCTOsTg.- ' : BURWOODSSai TODAY Shrod MufVey, 1,000 SSATg A, 10c J. .. Bernard ' Drllyn iCook A; Clinton. . Basl & Eve. At M 7:41 aal fell 14. Hicks. Miles IA Raymond. To Hy- uanaa; rioiures. . avensng,- lOo, 80. Seats ready .week in adv. cmtnOH phone uouc .494. -'. V - ADVANCED ' VAUDEVIX.LE KtuMN Dally, S:1S Iry Htgat, 81S TXIS WEEg, .. ". , William Courttelgh at Ce..' Barries' Marionettes. Jack Wilson A Co., l.llllan Tyce. Ko A Jenetto, Bert A Bertha Orsnt, Tddy Trio and th Ktnodrom. Jr-KICES 10c. 26c. 6uc, . , , l! 111 sL m AaV 1 A. 4k m IVAAI bV t.jt mrv i m m nam . V . . -
