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
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, YxP5 J
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Z 9 12 m 48
VV 1 p. m ; 51
2 p. in M
4 p. m M
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d p. m M
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8 p. m 49
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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
