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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Nov. 25, 1907)
Fhe Omaha Daily Bee VOL. XXXVr 0. 137 OMAHA, MONDAY MOHNINO, NOVEMHKTi 25, 1907. SINGLE COPY TWO CENTS. M-W LAWS PROM'D & Many Suggestions Are Ma , r Changei in Financial Syite.t. PLEA FOB BIO CENTRAL Mr. Han$brou?h Has Bill for Institu tion Like Bank of France. RIDGFXEY FAVORS SUCH MOVE Claim that Chance to Rediscount Paper Will Prevent Flurries. PLANS FOR ASSET CURRENCY Proposition of National Banker' Association Will Come to Front Mr. Fowler Has Credit Car roney BUI. WASHINGTON. Nov. 24 Details of many new projects for Improving the currency are being submitted to the president and Secretary Cortelyou, and are receiving such attention as the other exigencies of the financial situation permit. Secretary Cor telyou l food listener and usually di gests quickly essential points of the vari ous plans which are submitted to him. Measures relating- directly to the currency which ore being discussed anions; bonkers and. Incoming members of congress may be roughly grouped under four heads a cen tral bank of issue, a central organisation of the existing national banks, the Issue of additional circulation against various classes of bonds other than United States bonds, anl the Issue of circulation upon general assets with the security of a guar anty fund. The project of a central bank, based upin the general outlines of the Bank of Frnnce or the Imperial Bank of Oermany, has apparently been attracting more attention of lata than at any prevloua time In recent years. Senator llansbrough of North Dakota, who Is a member of the finance committee, has announced that he will Introduce a bill' for such an lnst,ltu 1 tlon. Mr. Wexler. vice president of the Whitney-Central National bank of New Or leans, Is openly In favor of a central bank and says that the New Orleans press, taught by the strain ol the cotton situation, la generally with him. Plea for Central Bank. Those who favor a central bank point to the recent crisis as the best evidence of the aid which It could have afforded had It been In operation. Their view Is that the national banks would have been able to rediscount their paper at such an Insti tution and obtain Its notes to any amount necessary to rclleva the strain. It Is con sidered somewhat significant In some quar ters that Mr. Rldgeley, the comptroller of the currency, has Just declared for a cen tral bank of Issue after previous reports recommended only a general credit cur- . rency for the existing banks. The utter ance's' of Mr.- Rldgeley are not, however, . considered to commit the administration. Since Treasurer Treat has a different plan ' which he Is advocating whenever he is In vited to deliver a public address on the subject. Difference of Opinion. It Is so long since a central bank existed or was even seriously dlxcussed in the United States that there Is much differ ence of opinions as to the details of the organisation. Those who advocate it gen erally Insist, however, that the secretary of the treasury and the comptroller of the currency should be ex-offlcio members of the Board of Directors and that the presi dent should appoint or approve the selec tion of the head of the bank. The pro vision of the German bank charter In re gard to circulation finds a good deal of favor that after a certain llxed limit of circulation additional Issues, which are not covered dollar for dollar by gold, should be taxed at the rate of live per cent. Others, however, perfer the greater free. aom of the French system, where the volume of note Issues Is practically under the control of the bank, and where the accumulation of a large reserve permits the bank to serenely maintain a rate of discount much lower than that of the Bank of England or the Bank of Oermany, while other countries are In the throes of financial convulsion. The project of combination among the national banks through their clearing house committees or otherwise to guarantee a special circulation In case of emergency Is embodied In several plans which have been submitted to the secretary of the treasury ..-.-.I- . i , nin uirse pians nre declared by ex perts to have some degree of merit, It Is feared that they are too complicated to re ceive serious attention In congress. So far as they compel action by law, it Is felt by some that such a policy would be drastic. If sot unconstitutional. In compelling the bank to make a use of their assets which they tnlght not desire to make. Fowler Credit Plan. ' Most of the plans presented at previous sessions of congress have dealt with the question of Increasing the elasticity of the circulation Issued by national banks by permitting Issues on other security than felted States bonds. There Is a radical difference of opinion, however, between two schools of thought as to the nature of these additional Issues. The plan pro posed by Representative Fowler, chair man of the house committee on banking, provides for Issue upon the general credit of the bank, which provision for a guaranty fund raUod by taxation upon circulation This guaranty fund la to be employed when rr-"erv failed Fo 1. i that i rcn' me. ' to redeem the notes of the contention of Mr, 's who favor this plan vt one-twelfth of 1 per the circulation would 'mt In order to Insure l.-y propose that the tax t:ch larger than this. ls ' The i!ind,le of the Fowler bill Is In harmony with two ether measures which attracted considerable attention a year ago, the bill of the special committee of the New Tork Chamber of Commerce, which was endorsed unanimously by the chamber In November. 190. and the plaa of the special committee of the American Bankers' association, which was endorsed almost unanimously at the annual conven tion of the assoclstlon at Atlantic City In September last. The plan of the Chamber of Commerce committee proposes Issues on the general credit of the banks to the amount of S per cent of capital under each of the ralrs of taxation, 2, I and 4 per cent, and to the amount of 10 per cent of canital at each ef the rates of I and f per cent. This permitted total Issues to the amount or g per cent of capital, or about $.Vj0.t. but It was oonteuded that no more than half of this, taxed up to the rate of 4 per (Continued On. Second Page.) CONDITION 0FTHE WEATHER ro RECAST FOR NEBRASKA AND IOWA Monday, fair. Temperature at Omaha yesterday: Hour. 5 a. m BRYAN ADDRESSES Y. Nehmskan Talks to International Convention on Christian Citizenship. WASHINGTON, Nov. 24. -Christian cttl- senshlp, as exemplified by the Young Men's Christian association, was the topic of an address by William J. Bryan at a largely attended mass meeting held under the aus pices of the International convention of that association at Convention hall Satur day afternoon. It was the leading feature of the day's events of the convention. Mr. Bryan was escorted to the plat form by Oeorge B. Cortelyou, secretary of the treasury. Tremendous applause greeted the two men as they made their appearance in the. hall, where both spoke. Mr. Bryan, who made the principal address, was In troduced by Mr. Cortelyou and the re marks of both were heartily applauded. Mr. Cortelyou said Mr. Bryan's Interest In the association's undertakings are well known and he had the pleasure of pre senting to his friends of many years, the Hon. William J. Bryan. Mr. Bryan pointed out the Influences to be exerted and benefits to be derived from an active Christian citizenship. He spoke of the tie that binds all Christianity of the differences In the progress of heathen nations as compared with those which had embraced Christianity; of the great In fluence of the Young Men's Christian as sociation for good; of the lesson of moral courage from the act of the prodlgat son In returning to his father and declared that If we cannot send preachers to' the heathen we can send Christ to therr. for every living Christian life Is a great sermon In Itself. 'Why should any man be ashamed to confess himself a follower of Jesus of Narareth?" aaked Mr. Bryan. Then dis cussing the fact that so many men declare there are things In the Bible, one cannot understand, he said If we only try to live up to what we do understand we will be so busy doing good that we will not have time to think of things we don't under stand. ANSWER TO FISH SUIT FILED Ilarrlman Faction Itrplle to Injunc tion with Counter I na rites oi Wrongdoing. , CHICAGO, Nov. 24. Answers, demurrers and bills of exceptions to thu Injunction suit brought by Stuyvesant Fish and others In the Illinois Central imbroglio were filed Saturday afternoon.- The answer of John Jacob Astor, A. G. Hackstaff, John W. Auchlncl'jse, Cornelius Vanderbllt and J. T. Harahan, which Is made Joint, is the most Important of the documents. Numerous charges regarding Mr. Fish's acts as president of the railroad are con tained In it. It is claimed that Inasmuch as Fish, acting as proxy, has In times past, often voted the stock hold by the Railroad Securities company at meetings of the Illi nois Centra.1 Railroad company, he is thereby eatopped from now objecting to the ownership by the Railroad Securities company of Illinois Central shares. In another section of their answer these five directors of the Illinois Central admit the connection of Messrs. Ilarrlman, Goelet and Peabody with the Union Pacific rail road, but they point In return that Stuyve sant Fish Is a director and member of the executive committee of the Missouri Pa cific Railroad company, which, they assert, "Is a direct competitor of the Illinois Cen trat railroad" In much of the latter's ter ritory, while neither the Union Pacific nor the Southern Pacific Is In any sense of the word a competitor of the Illinois Cen tral. t The defendants deny that they voted for J. T. Harahan and against Stuyvesant Fish In the election for president of the Illinois Central railroad at the behest of E. H. Ilarrlman, asserting- that their action was taken "because they said Fish had mis used the funds of the Illinois Central Rail road company," had "used his power as president of the0 said company to further his personal interests to the great peril and financial Injury" of the railroad. OPERA SINGER KILLS HIMSELF Theodore Bertram Commits "nlclde at Beyrentk Because of Despondency. BERLIN, Nov. 24. Theodore Bertram, the celebrated opera singer, committed suicide today at Beyreuth. He has been despond ent since the death of his wife, who was drowned on February last In the wreck of the steamship Berlin off the Hook of Hol land. Theodore Bertram's most successful roles were Wagnerian and be made his greatest reputation as Wotan. The steamer Berlin was wrecked while entering the port after a hurricane, and nearly everybody aboard was lost, among the number being nineteen members of the German Opera company, which had Just concluded Its season at Covent Garden, London. One of these was Mrs. Bertram, wife of the well known baritone, who had himself sailed for Rotterdam a day previ ous to the departure of his wife. SECRETARY TAFT AT IRKUTSK Head of War Department Having rieasaat Jonrner Through Siberia. IRKUTSK, Russia. Nov. 24. Secretary Tart arrived here last night after a pleasant Journey during which he visited several military and civil ststU-ns. He hat been hard at work on a report of Ms trip In the Philippines which wll be presented to congress. Through the courtesy of the Russian government Secrsetary Taft Is In constant communication with Washington! On Saturday next the Secretary will be the chief guest at an elaborate dinner in Moscow. 1 f 6 a. in I ' 7 i. m n , YxP5 J I -SfO 11 m 44 Z 9 12 m 48 VV 1 p. m ; 51 2 p. in M 4 p. m M C 5 p. m 55 d p. m M v" . 7 p. m 6 ) 8 p. m 49 I ' 9 p. m 4 M. C. A. MOYEKXirTg. OV OCSAJI STZAMSKXPS. Pert. Arrts. Ballad. NSW TORK Pmtricla PrwarU. KIW YORK M BueaoolU Clivals. New YORK tt. hat. NEW YOkK Lalllomts. BOSTON AnglUs LiVKHPOOL, iMtuDiaa Carman!.. VaiLE" Caaoaaia. MNi'HK3TCR ..Clola ... HtMHlKd J-.uojlol U)MKIN Cutrlaa. Hl'l.L VUlluUa f.KKOA Mocterlaaa, PLVHOLTH ..... PblUstlpbU H A V M la Pmeaos, h.l l 'hamptom. Phllasalskia " Louia. Sul'THAMrTuN. VadwiaaaL HOUSE CAUCUS THIS WEEK Advance Guard of Legislator De scends on Washington. CANNON TO BE SPEAKER AGAIN So Indication of Contest Over lie Election of Any of Officers of House Jame Cassldy for Postmaster. (From a Staff Correspondent). WASHINGTON, Nov. 24.-(Speclal.) The advance guard of legislators, members of the Sixtieth congress, is already In Wash ington, while dally accessions are being made to the rapidly growing family of Uncle Sam's statesmen. Many 6f the members of the congress, which will con vene for the long session on December 2, are new to national legislation. Some have served In state legislatures,' while others have held state positions, but the great majority of the new members come with out any legislative experience whatsoever, but all believing they have a serious mis sion to perform. The call for the republican caucus of the house will be issued within a few days und the election of a speaker and other officers of the house will probably take place next Saturday evening In the hall of the house of representatives. There is no fight whatsoever on any of the present officers, the caucus being held for the purpose of ratifying a foregone con clusion. Speaker Cannon will be re elected speaker of the house on Monday, December 2, Immediately after Clark Mc Dowell calls that body to order and a quorum Is ascertained to be present on the call of states. After it has been ascer tained that a quorum of the house Is pres ent nominations for speaker will be made and Joseph G. Cannon will be placed In nomination by the republicans and John Sharp WIlMams by the democrats. As the republicans have a large majority In the house, Mr. Cannon will be elected, as will the other officers of the lower branch of congress, namely Alexander McDowell, of Pennsylvania, clerk: F. B. Lyon, of New York, doorkeeper; Henry Casson, of Wis consin, sergeant-at-arms; and In all prob ability James H. Cassldy, of Ohio, post master. Ohio Claims Post mastership. During the recess Joseph C. McElroy, of Ohio, the former postmaster, died, thus creating a vacancy. Immediately after his death a number of candidates for the position became active, representing state delegations, but the Ohio delegation, claim ing that - the place of right belonged to the Buckeye state, held a caucus some three weeks ago and Representative Bur ton, late candidate for mayor of Cleve land, suggested the name of James Cas sldy, clerk of the Rivers and Harbors committee of the house, for the position of postmaster, and he was made the cau cus nominee of the Ohio delegation, which will undoubtedly Insure his election. Rev. Henry N. Couden, the blind chaplain of the house, will be re-elected to that po sition. The democrat of tbe house will f-ancus on Saturday afternoon and, perfunctorily, will select candidates for the positions above mentioned, headed by John Sharp Williams, of Mississippi, for speaker. Mr. Williams will thus become again the mi nority leader of his party, but as the dem ocrats have a larger working force In the Sixtieth congress than they had In the Fifty-ninth, it Is expected that a much more aggressive policy will be pursued by the minority than was pursued In the congress, which by operation of law, ceased to exist on March 4. last, "Medicine making" will begin early In the session, In view of the approaching pres idential campaign, and It Is confidently expected that' shortly after the holidays things will be doing hereabouts.'' More Par for Soldiers. It Is confidently believed that President Roosevelt In his message to congress, which will not be made public until Tues day, December I, will come out flat footedly for an Increase In the pay of en listed soldiers and sailors and may rec ommend an Increase for the officers of both the army and navy. With skeleton regiments and skeleton companies the rule rather than the exception, the army is In a bad way numerically. Just why the Older men who have made soldiering their business for twenty and more years should be leaving the colors and going into private llfo Is a question receiving the consideration not only of "he heads of departments, but of the general staff as well as the president, and the consen sus of opinion Is that the non-commissioned officers, the first and second ser geants and the corporals do not receive money enough to warrant their continu ing In the army and they are quitting In large numbers rather than re-enllst when their term Is up. Adjutant General Fred C. Alnsworth, who Is today an authority upon the con duct of the army, unequivocally says that the non-commissioned officer is the life of the army and that without him disci pline will go to pot and the spirit of the men reach the lowest possible ebb. Every one who has made a study of army regu lations and army affairs knows the power ' and Influence for good the first sergeant exerts over bis company. Ha lives with the men, he drills them and jie Is the Intermediary between the men and the commanding officer. It is the first ser geant who Intercedes for men who have fallen from grace and where he leads tha men will go. If Is notorious that in many posts In the west and the south the first sergeant, who Is usually mar ried, is unable to give hia children the education they are entitled to, because or bis Inability to pay the tuition re quired of him in many school districts. There being no schools for the children of the enllseed men at garrisons and, (s In many cases in the west, a per caDlta charge Is exacted by school authorities In certain sections of the country from non-residents, .ho children of these men grow up like weeds and with little or do credit to their parents. It would, there fore, seem absolutely necessary to In crease the pay of non-commissioned offi cers In order that their services may be retained by the army, for t ie better the sergeant the better the company. Then. gain, with the abolishment of the can teen and the social life of the garrison being constantly diminished and with forced marches and increased drill "Tommy Atkins" haa become wholly dis satisfied and he Is leaving Uncle Sara lighting force by desertion, resignation and purchase until the authorities In Wash ington have become aerlously concerned over the future of the army. American Ten tat Tabloid Form. Tabloid food has been tried and found wanting, but tabloid tea U a new depart ure introduced from the tea farm In Sum mervflle, 8. C. The government of the United States, through the Depnrtraent of (Continued on Second Page.) CUBAN : CEN3US FINISHED First Step for germination of the Provisional .Government la Accomplished. HAVANA. Nov. 24 With the completion of enumeration of the population of Cuba, thero has been aeoconiplished the first step In the direction of the termination of the American intervention and the re-establlsh-nient of the Cuban republic. rending the difficult task of tabulating, the results probably will not be known for ome weeks. Taking precedence of all cither features of the census I the preparation of the registration lists by municipalities and wards. They naturally will be subject to much revision. Involving considerable de lay. An estimate by one of the most accom plished statisticians in the service of tho provisional government places the popula tion of the Island at 2.iu.0X). of which about 400.000 are foreigners not entitled to the franchise. An element that may prove to be of prime Importance in the coming election Is the health of Jose Miguel Gomel. It Is rumored that the general la afflicted with a danger ous aliment which luay compel his retire ment from the field, In which event a re conciliation of the factions Is not Improb able. A singular feature of the present situa tion is the utter anathey with which Cubans appear to regard tie preparations making for the restoration! of their republic. At no time since the Intervention began has political discussion teen so languid. THAW TRIAL IS POSTPONED Both Sides Agree that . It Over t ntll Some Time in Jassary. Go NEW YARK, Nov. 24-The second trial of Harry Kendall Thaw, set for one week from tomorrow, will again be postponed, and there In little chance that it will be called until Some date well along in Jan uary. The decision to ask for a postpone ment has been agreed to by both sides. It Is due partly to the fact that the task of selecting a Jury would be made doubly hard by the approach of the holidays and tho prospect before ttye talesmen of spend ing both Christmas and New Year's day locked up under the care of court bailiffs, and also to the fact that Thaw's counsel has applied to the court for permission to Inspect the secret evidence presented be fore the Lunacy commission during the progress of the first trial. As an added cause for delay there Is a rumor that the attorneys now representing Thaw may ap ply for a change of venue, declaring a fair trial for their client in New York county Ib Impossible. Such a move. If made, would be based upon the alleged un friendly attitude of many of the local papers and the extent tq . which the evi dence was printed and read In this county. District Attorney Jerome will seriously op pose the granting a change of the sceno of the trial. i NEW FIELD FOR COLLECTORS Costly Work of , Gathering; Collection Of marrent CIdn e Money In Circulation. NEW YORK, Nov. . 24. Numismatists have found a new field of development for collection purposes In the great variety of hprovlsed money now in circulation In the .jterior, south, west and northwest. They find that the suyily of clearing house checks and Individual bank Issues are so numerous that It Is a costly piece of work to make a fair display of the specimens. The lowest value of the new money checks seen in New York Is $1. Subscrip tions were received at the subtreasury yes terday for an entire set of the treasury notes of Indebtedness, which will have the appearance of bank notes. The lowest denomination of this class of currency Is $50, and the buyer of this set of bills will be forced to spend a good sized sum In order to obtain the complete outfit. It has this advantage, however, that as long as the United States government It its the note will be worth their par value. GOLD LEAVING GERMANY Relchsbank I. eves Three Million of the Yellow Metnl During; the Week.' BERLIN, Nov. 24. Gold continues to leave Germany In a steady stream. The Relchbank lost probably $3,000,000 during the last week. But the stock has been more than replenished through arrivals from home sources. The Relchsbsnk 1 trying to Increase Its gold supply by paying out banknotes of small denomination which re cently became available for circulation. The Impression here Is that most of the gold taken for tho United States during the wee kwas drawn from the open mar ket. The tendency shown in Wall street the last few days has had a calming effect upon the minds of the financial community and the hope Is now entertained that a gradual recovery will now f' In In th United States. ' Steadier prices In Wall street latterly 'uve Increased the demand for American lis, which showed considerable activity rsterday. FOURTH CAVALRY IS BACK Ten Troop Enrouto to Fort Mead nnd Snelllng Bench San Francisco. SAN FRANCISCO, Nov. 24.-Th tidal wave that struck th Norwegian steamer Admiral Boreson during that vessel's voy age to Honolulu from Taeoma and totally dismasted it was encountered by the transport Thomas on the way her from the Philippine, but no serious damage was don. Th transport, which docked today, brought a number of cabin pas senger and ten troop of the Fourth cav alry, enrout to Fort Snelllng and Meade. Th returning soldier participated in the fighting last March at Jolo, when a num ber of men wer lost during a battle with the Moroa. Sixty-two blue Jackets from vessel of the Asiatic fleet also arrived and were at once sent to the Mare Island navy yards. When 1,500 mile at sea th Thomas established wireless communication with North Head, atal of Washington. UTES REACH jAPID CITY, S. D. Sixty-One Indians Will Work for th Crouch Railroad Lin This Winter. naamma RAPID CITY. 8. D.. Nov. 24 -The re bellious tt Indian, slxty-on bucks with their wive and children arrived ber over land from Cheyenne reservation Saturday and struck camp three mile wast of her They will be employed by the Crouch rail road line hre for th winter and the gov eminent ha leaaed 1.600 acres of land bere for them from O. P. Bens' f, L m m gyy Mm Becomei President vof Northwestern Bell Telephone Exchange. THREE PRESIDENCIES FOR HIM Mr. Vost and Mr. Lane Among: Most Prominent Oftlrlnli of the Parent Corporation at Boston. Casper E. Yost, president of the Nebraska Telephone company and the Iowa Tele phone company, haa Just been elected pres ident of the Northwestern Telephone ex change by the directors of that corpora tion. The Northwestern operates in Min nesota and the two Dnkotas. The field now covered by Mr. Yost's authority, therefore, comprises Nebraska, Iowa, Minnesota, North and South Dakota, one of the widest and most important territories assigned to any one Bell president. The additional honors and responsibilities Imposed upon Mr. Yost, and the recent elec tion of H. Vance Lane to the presidency of the Rocky Mountain Bell company, have demonstrated the prominence of the Omaha men In the affairs of the Bell company, whose central headquarters are at Boston, where tho president, Theodore H. Vail, re sides. When the opportunity came of advancing Mr. Lane to the presidency at Salt Lako Mr. Yost hesitated, not for any lack of confidence in Mr. Lane or desire to see him move up, but because of these things and because It had been the Intention of these years on the rart of Mr. Yost to make Mr. Lane his successor. "I expected to step aside soon and lay the burdens of active management upon the shoulders of Mr. Lane," said Mr. Yost And then he was reminded by a friend that he was only a boy, after all, despite tils 66 years and long, active career. "Yes,' replied Mr. Yost-"well. I had been count Ing on that strongly of late; but Mr. Lane was so eminently qualified for that Salt Lake City place that when the chance enmo I couldn't afford not to shove him Into It." The territory of Mr. Lane's company Is larger than all of Europe. Mr. Lane will be given a banquet soon by the members of the board of governors of Ak-Sar-Hen, who served the seven years of his Incumbency, and will also be given a banquet by the officials and directors of the Nebraska Loan and Savings com pany, of which he Is a director. FORECAST OF WEEK'S EVENTS -reparation for Organisation of Con areas and Trait of Financial Measure th Feature. WASHINGTON. Nov. 24.-PTellmlnaries to the opening o fthe Sixtieth congress will be the dominant features of the week In Washington. Important among the several conference issues for the shaping of meas ures, to be submitted to the national body win he a Meeting of tho National Publicity Law iissoclatlon. Speaker Cannon will con fer during the week with congressmen on the prospective personnel of house commit tees and work to "be taken up by them. On Saturday democrats and republicans will hold caucuses for the selection of candi dates for officers of the house. One of the Important meetings Is scheduled for Mon day that of the Inland Waterways com mission. On Saturday a test will be made o fone of the government measures con ceived for the relief of the' financial string ency .when bids for the $50,000,000 Issue of Panama canal bonds will be opened. The trial of Mrs. Anna M. Bradley for the killing of former Senator Arthur Brown will be resumed In Washington on Monday On the same day, at Boise, Idaho, the trial of George A. Pettlbone, charged with com pllclty In the murder of ex-Governor Steun- enberg of that state. Is to begin. The National Publicity Law association. wnicn meet In Washington on Tuesday Is expected to advocate the passage by congress of a law compelling the publica tion of contributions and expenditures of national and congressional committees dur ing presidential campaigns. The Inland Waterway commission, at It meeting Monday, Is expected to formu late a report on It Inspection of the Mississippi river in October. A dinner In honor of William J. Bryan I to be given In Washington Tuesday even ing. Many prominent democrats are ex pected to be present. Arguments on the question whether the Mutual Life Insurance company shall vote Its 5.500 shares of Illinois Central railroad Btock at the annual meeting of the stock holder of that corporation, will be heard by Judge Ball In Chicago cm Monday. A Roctal event of Importance In Wash ington will be the wedding on Wednesday of Mlss.Edlth Root, daughter of the secre tary of state, and Lieutenant Ulysses A Grant, son of Major General Frederick D. Grant. The first debate In Russia' Third Duma will b begun November 24, when th text of the address to the emperor, a drafted by the Octoberlsts, will be dlsaussed. Hearing of the perjury charge brought by George M. Hollamby Druce, th claim ant to the Portland estate, against hi half-brother, Herbert Druce, will be re sumed at th Marylebone police court, Lon don, November 27. Th Canadian Parliament will be con vened November 28. This session, th fourth one of th Tenth Parliament of the Do minion, promises to ben lengthy and.ar duous. A banquet in honor of Governor Magoon of Cuba will be given by the Havana Chamber of Commerce November 30. Prep. aratlons have beenNnade by the merchant of Havana to accord to him th biggest demonstration ever seen In Cuba. A dlntK-r In honor of Secretary of War Taft nil be given at Moscow Saturday night Iowa Osteopath Meet. ATLANTIC, la., Nov. 24 (Special.) The members of the Sixth district low Osteopath association met In this city yes terdsy and carried out an Interesting pro gram. A formal organization was effecte by the election of Dr. A. Clifford Brown of Council Bluffs as president, Dr. Mc Clusky of Council Bluffs, vice president Dr. W. A. Rush of Logan, secretary, an Dr. Josephine Finley of Atlantlo treasurer. Increase for New Printer. FALL RIVER. Mass., Nov. 21. A com promise was effected today between tli local Typographical union and three Fal Klver daily newspapers whereby the print ers will receive an Increased wage of $! per week. 1 he men demanded an 1ncraa t'f $3 per week,' and had threatened strike tomorrow. Th employes of the 1o printing houses In this city have aeked for an increase or 24 per rent, and as thu demand has not been granted the union voted today to call a air Ike, beginning to uiuriuw jiooita BANKERS OFFER MANY CURES nek of Aarreenient to Itemrdlial l.ealslation Amnna the Money Men. (From a Staff Correspondent.) WASHINGTON. Nov. 24. (Special Tele gramsNebraska bonkers are against asset urrency In the ratio of three to one, ac ordlng to Senator Hurk tt, who Is receiv ing hundreds of biters relating to the rresent ftnanclrtl atrlngency and the pas sage of remedial legislation. Bankers are writing Senator Kurkett to support the Idea of a central bank, which former Di rector of the Mint Roberts championed In his speech to the Omnha business men not long since, and they are writing him to oppose such an Institution, until Mr. Bur kett does not know what his constituency really wants. One man Is in favor of the old Scotch plan of a central bank, another In favor of government depositories with power to relieve consented conditions by guaranteeing certificates of Indebtedness at first hand. In twenty letters which the senator has received In the last three weeks from bankers In Nebraska regarding tho flnanclul situation no two wholly agree upon a solution of tho question. They hint at remedies to correct evils In the present currency laws, but fall to specifically point wsy out of the dilemma. And this lack of something tangible to work upon, that a recurrence of the present "tightness" of money muy be stopped, is giving other senators now In the capital as much serious concern as the senior senator from Ne braska. Washington Is at present entertaining a talwart body of men, the twenty-sixth International convention of the Young Men's Christian association being In sen slotv In the national capital. In personnel the Lincoln, Neb., branch of the organisa tion leads all the rest, having ns Us dele gates William Jennings Bryan, Henntor E. Burkett, George Tohey, Dan A. Ray mond and C. M. Mayno, secretary of the Lincoln organization. The stata capital of Nebraska, however, does not carry away all the honors, Omaha having sent to the convention J. P. Bailey, state se? retary; B. C. Wade, general secretary. and Arthur Jorgertson, delegate. Secretary Mayne of Lincoln said today that the entertainment accorded by the people and association In the capital city of the nation far exceeded that at any Other convention he had ever attended. Will J. Morgan. Sibley, la., has been ap pointed chemist In the Agricultural de partment. Rural carriers appointed: Iown Adair, route S, James M. Law, carrier; Joy Rus sell, substitute. South Dakota Willow Lake, route 1, Lynn Mudgett, carrier; Ray G. Wilcox, substitute. Rural routes ordered established Feb ruary 1 In fac county, Iowa: Early, route 3; population, 300; families, 79. Ne maha, route 1; population, 350; families, 77. Odebolt. route 3; population, S00; fam ilies, 75. Sac City, routes 5 and 6; popu lation, 600; families, 170. Postmasters appointed: South Dakota Virgil, Beadle county, H. F. Ackerman. vice D. F. Courtney, resigned. Wyoming Hobart, Natrona county, Christina Clark, vice William Clark, deceased. POWI.ER CRITICISES BOND ISSUE New Jersey Congressman Say Gov ernment la Making; n Mistake. NEW YORK, Nov. 24. Representative Charles N. Fowler, chairman of the houue committee on banking and currency, today gave out the following statement regarding the Issue of Panama canal bonds and treas ury certificates: "Personally," said Mr. Fowler, "and from a party standpoint, It Is unpleasant for me to disapprove the action of the republican administration, but my study of the ques tion Involved, and my duty to the public, compel me to set forth the reasons why the action of the administration Is surprising, extraordinary, unwarranted and most un fortunate. "On Friday, November 15, the crisis of the present currency panlo had been reached, and successfully passed, through the splendid achievement of the American banks In bringing gold to this county to the extent of about $75,000,000, at a very great cost to 'themselves, for tt was pur chased generally at a premium of about 2 per cent; and also by responding to the business necessities of the various locali ties in issuing clearing house certificates and oashlers' checks In denominations of $1, $2, $6 and $10, as well as the larger de nomination. 'In th second place the government did not need the money a It ha $240,000,000 to It credit, which It ha taken from the people through taxation. Therefore, the interest bearing debt of the government should not have Increased $1 50,000,000 espe cially when such Increase of debt Is clearly In violation of the Intent and purpose of the law; and In th third place, because th action of the treasury 1 a most vio lent violation of economic law, for which the people must pay the penalty. "First, let u deal with the $50,000,000 of 2 per cent Panama bonds, which are to be used as the basis of additional bank not circulation. The government has, a stated. $:40,ooo.coa. "We shall find whtn th reaction comes and th changed condition Is reflected in our reserves, beginning about the 15th of January, If not earllsr, and Increasing rap- Idly during th spring month until th re serves In our bank will probably exceed those of any preceding year sines WOO that thl vary $150,000,000, If unfortunately the Increased debt shall be converted Into bank notes, that these banknotes will not disap pear and be automatically retired, but that they will find a place In the reserve of the at ate banks, In th reserves of th trust companies and, to some extent, though they have no right there, in the reserves of the national banks. 'Now, rnark this. That every banknote held as A reserve will displace Just that amount of gold and drive It out of th country. This is Just what our silver pur chases did from 187D to 1S94. The poorer money always has, and invariably will drive out the better. There will be up wards of 1 per cent profit on the circula tion taken out on these bonds, and so the bank will force them out persistently, and the counterpart will be that nearly Imper ceptible, but with absolute -certainty, the gold will give place to th bond-secured not to th extent thst tt finds Its way Into th reserves of the various financial institution of th country. "During the next few month you will note thl striking contrast between th bond-secured and th credit currency ex pressed In clearing house certificate and cashiers' check: that while all of the bond-secured notes will remain to perplex and curs us In the futurs by not contract Ing to the extent of a single dollar from January to July, every dollar of credit cur rency In the form of clearing house certlfl cttes and cashiers' checks which have come Into existence naturally with a great urgent need, will disappear when they r required no longer." isk; sum for hiver Missouri Will Get $50,000 Per Mile' for Improvement, Says Beall. JAMES J. HUE INTERESTED Wants Fifteen-Foot Channel fro St. Louis to Gulf First. UPPER RIVER CITIES JOIN HANDS Sioux Cityans Accept Invitation of Omaha Commercial Club. MOVE ON WASHINGTON TOGETHER Aa Rlvrr Transportation I to Itrnedt All Citterns In Missouri Valley, Vast Sum Should Be Will ingly Appropriated Influential men In the west and norf. west are to combine their strength for th Improvement of inland waterways and tho opening of river navigation, and before they rest from their work a total of f3"i,fftl.000 will be rxpended by congress on the Mis souri river, opening channels and eradicat ing "crossings." bu not a single cent for protecting the banks from "erosion." "Nothing but permanent improvement of the Missouri river at the cost of tfAOOO por mile should be considered by the cities of tho upper Missouri river and t lie business Interests of Nebraska. Iowa and South Dakota," said A. B. Ueall of Sioux City, and a member of the executive sommlttee of the Missouri River Navigation Con gress. Mr. Beall arrived In Omnha Sunday after noon after an extended trip over the ter ritory Interested in Missouri river Improve ment, and conference with Governor A. B. Cummins of Iowa, James J. Hill, president of the Great Northern railroad, and Gov ernor John Johnson of Minnesota. While in the city Mr. Beall will accept the Invitation of the Omaha Commercial club for the Sioux City Real Estate ex change, to Join the Omahans on the trip to Washington next week, and will pull together for the Improvement of the Mis souri river at the National River and Harbors Congress. Lower Rate for All Point. In view' of tho foct that all of th states In the great Missouri valley, and beyond to tho Rocky mountains, are to be benefitted by the lower freight rate sure to follow water transportation, ft 1 not asking too much to demand the per manent Improvement of the river," said Mr. Beall. "The estimates In the office of the United State engineers, which I have had the privilege of examining, how that work can be done for $50,0U0 per mil which will keep open a channel sufficiently deep to carry boat which will handle th traffic demanded of shippers along the Missouri river. I believe Kansas City will be successful In securing the appropriation of $30,000,000 for the Improvement of th river from B. Louis to Kannis City. Thi l 1 exactly $50,000 per mile. W must tart boat on the upper Missouri at once and be In a position to ask the same amouni per mile for the river north of Kansas City to Omaha and Bloux City." In regard to the handling of grain and all classes of merchandise on the boat, Mr. Beall ald: "The talk about not boln able to handle grain conveniently I absurd. Mr. Hill told me Saturday of lake boat with a capacity of 10,260 tons, which has been 1 loaded In seventy-eight minutes with Iron ore. If a boat of uch capacity can be loaded with Iron or It that time, and emptied In about the lime number of minute, the man Is around who will devise a way to load and unload a Missouri river boat of 1,000 tons capacitj with Nebraska wheat In thirty minutes." Hill for Deep Channel. Mr. Beall said Mr. Hill had not looked Into the possibilities of navigating on the mailer streams, nor th Mississippi and Missouri river above St. Louis, but ttu great railroad builder declared emphat ically for a fifteen-foot channel from St. Lout to the Gulf, aa a necessity to th handling of traffic to th growing port of the south. Mr. Hill spoke of th willingness of the people to Invest In legitimate enter prise at the present time and called Mr. Beall' attention to the fact that only i short time ago the stock of the Great Northern Railroad company wa. owned by 2, SCO Individuals, while at preaent It I dis tributed among 10,000 shareholder, many of them employe of the company. Mr. Beall Is of th opinion that with any show ing whatever, that steamboat transporta tion I to be revived on a modern and busi nesslike basis, mora money will be sub scribed or offered for building mora boat than could pas up and down the river be tween the time the Ice goes out and th channel freece over again. With Minne apolis capitalists he 1 Interested In the or ganisation of th Inland Waterway Navi gation company. , Unlea Mr. Hill is called elsewhere Janu ary 22 and 23, he will be one of the chief speaker at the Missouri River Navigation congress, to be held In Sioux City at that time, and Governor Johnson of Minnesota haa accepted an Invitation to b present. Governor Cummin 1 behind th movement and will appoint delegate from the stat to attend. Governor Sheldon of Nebraska ha also accepted, as has ex-Congressman J. L. Kennedy. Omaha will be askd to send a carload or more to Sioux City. NINE IN CAR OF BALLOON Large Party Will Attempt t'nuauavl Flight In "All America" Today. PITTBFIELD, Mass., Nov. 24.-A balloon flight of more than ordinary Interest will be started from this city tomorrow, when a party of nln will go up In th big bal loon, "All America." for a long-dlstanc voyage In the air. Leo Stevens, the New York aeronaut, will pilot the car. The bal loon "All America" was used by Captain Charles DeF. Chandler and J. C. McCoy tn th recent International race at St. Louis, and has a capacity of 77.000 cublo feet. Dur ing th last two year thor havn been fourteen ascensions from thl city. Prisoner Taken from O 01 err. CRKSTON. Ia., Nov. 24. (Special Tele gram ) Lyman Lowry of Con ley wa ar rested yesterday and fined $40 and sen tenced to twenty day In Jail for drunk enness and contempt of court. Just a the constable was ready to start for Bed ford to place him In the county JaU a, numbrr of hi friend rescued him from the officer and hid Mm. The sheriff at Bedford was notified and he went to Con ley today, where ha arrested several young men on cbarg of UiUrfei lug with an offlcn-- , , , I