THE OMAHA DAILY BEE: SAT UK DAY, OCTOBER 17. 1003 1 r V (1 ) Ml .' y M ""Alii U3 BANK GIIAKAmY Hitchcock and Henry W. Yatei Conteit the Point. ,NE 0N PAOTC THE OTHER ON LAW trrln Theater Filled t Aadleace that Pan tloae Atteatloa to the Remark of the Speaker. Whether there should be established a system providing for the guaranty of bank deposits under government control was the subject of a Joint debate Thursday-night at the Lyric with O. M. Hitch cock speaking In the affirmative and Henry W. Tatea, president of the Nebraska Na tional bank. In the negative. Mr. Hitchcock opened by telling of the harshlpe through which this country had j passed because of the financial flurry of a year ago, but did not talk much on the sub ject of deposit guaranty. Mr. Tates took vp at once the topic under discussion and showed how the guaranty system had been made a law In Oklahoma under the direc tion, Mr. Bryan and how It Is working badly, just as other previous attempts at such legislation had worked- The debate waxed warm and the speaker, were roundly applauded. Mr. Hitchcock sidestepped the issue under discussion, while Mr. Tates ar- gued why a guarantee fund should not be ; established. The theater was filled to Us ; capacity, the boxes being filled with women and a considerable number of women being seated In th auditorium. Dr. George U Miller presided. Hitchcock' Opening;. "A year ago the country was In the throes of th largest business activity of any country on earth," said Mr. Hitch cock, In opening the debate. "Suddenly the people were shocked, for the 7,000 national banks and numerous state banks had refused to pay the de positors on demand. I did not criticize the bank then and I do not now. It was the fear of their customer their depositor which had it origin in the city of New York. Fear Is the cause of all these panics, and we can only make the customer feel safe by putting up a guaranty so th depositors would know they could get their money. An effort was made to stay this contagion of fear, but the line at the banks became longer. The banks resolved to Issue clearing house certificate. This 1 a deathbed lnsuranco when they meet and insure each others deposit. We claim the banks should do is other interest do in the day of their prosperity prepare for adversity. Insurance Is one of the first forms of co-operation, both life and fire and other Insurance. Why not insure against bank panic T If the premium was mountain high tha bank could afford to pay it. The government has already undertaken a cer tain form of insurance, and In many countries the bank are a part of the gov ernment The government makes a stock holder liable tor twice the amount of his holding. It also ha Inspector which the bank have to pay for. But the govern ment doe not go far enough. "Thl city ha never been blighted by bank disasters, but when such a blight come th city might be set back for twenty year. This lnsuranoe will not only make good the damage, but will also act a a preventive. It has been estimated that th check to Jhls nation' activity ha been at a cost of $1,000,000,000 by reason of the recent pa&V w would not hv ha1 this loss had trie depositors been guaran teed that their money wu secure. I realise there are many good objections which can b stated by the other side. I figure that It will cost the banks one twentieth of 1 per cent of the deposits to provide an insurance. The bankers could loan out all their money if this law Is parsed and would not be compelled to keep i restrve which is so much wasted money which make no return to anyone." Poaltloa f Mr. Yates. "I expected to hear oraething from Mr. Hitchcock on. th guarantee of bank de posita,'; said Mr. Yates, "but he ha spoken to you on the panic. What depository law would have stopped the rottenness of tha bank In New York last fall? They were clotted before there was a run. He has wardered off Into the field of insurance. Insurance and guaranty are different In surance companies do not charge the same rate on tha strong a they do on the weak; in fact, they won't Insure a weak man at ait. The same applies to fire ir turance. "Every conservative banker In the coun- PRONOUNCED HIS CASEJIPU Whole Body Raw with Eczema Life was Intolerable Was Even Incased In Plaster Discharged from Hospitals as Hopeless. SUFFERED 14YEARS CURED BY CUT1CURA " From th ape of three months until fifteen years old, my son Owen's lif was mad Intoler able by ecsema in its worst form. He was all right until red rain brok out on his fore bead, but we went not alarmed at first. Very soon, however, th rash began to spread over bis bead and shoulders, and it caused him great uiaconuorc. I look aim to a doctor and tried half a doeen ether treatments, all with the same result: bo improvement at all. The disease gradually spread until nearly very part of hi body was quite raw. V Lad to strap him down in bed, for he used o tear himself dreadfully in hi sleep. Th agony he went through is quite beyond words. No one thought we would roar him. The regimental doctor, a very clever man, pronounced the caee hopeless at least, he said th only hop was that ha might, if be lived Ion enough, outgrow it to some extent. We kd him In hospital four time and he u pi enounced on of the worst case, if not the worst, ever admitted. From each ha was dis charged as Incurable; in fact he got worse under the successive treatments. At on hospital they incased him in plaster, and this seemed to aggravata the soreness terribly. Be looked so badly that no one liked to go near hint and hi life was a burden to him. We kept trying remedy after remedy, but we had got almost past hoping for a cure. Six months ago we purchased a ft of Cutirura Soap, Ointment, and Resolvent Pills and persevered with them, 'fie result was truly marvelous and to-day be I perfectly cured, bis skin not having a blemish cn it anywhere. Mr. Lilv Hedge. (I. Vaughan Road. ?oldharbour Lane, Cambleweil Green, . Eng.. Jan.' 12. HM)7." Send to nearest depot fr free Cut1., eura Book on Treatment rf Skin Due!. Cutleuts llmillHjneK tkmustiaul tbt world. Ppou. LooeVm. 21. Cbrtcrbuaa ba ; Fmm. I. Aim I U fi. Aioinil. K. TM a Cfe Sr4i m... Lta . Oprtuva. ate.; V l i. team. Vera, we rivfs, . vttaf lruf Malaria and Heart Read the interesting story told by print Mr. Riley's recent letter department consider his "I Joined the Fire Department of South Boston in 1890 and was lately pensioned off because of a bad fall while In service, which telescoped my spine. "A little over a year ago I was taken tick while In the engine house,, and It developed Into heart trouble and ma laria. I went to a number of doctors and two different hospitals and went through a course of treatment from each, but I did not receive much bene fit from aly of them. The doctors would not let me go in Bwlmming, nor smoke, nor drink anything but water. I stopped both tea and coffee. My case was getting very serious when a friend said to me: 'Why don't you get a bottle of Duffy's Malt Whiskey? I know a man who was given up for all time and he took Duffy's Malt Whiskey and today he Is bb well a man as you can find.' So I commenced taking Duffy's Pure Malt Whiskey and the result is that the doctors now say that I am all right, and I never felt better In my life. Of course, I am very little good as far as heavy work is concerned, owing to my injury, but I am well, and that Is a good thing to be able to say. I thank you for the rem edy that put me on my feet again." J. H. RILEY, 860 East Sixth Street, South Boston, Mass. Mr. Riley's experience is similar to that of thousands of others who have suffered untold agonies from different diseases and were cured by Duffy's rure wait. wnisKey alter the? were given up to die. What wonder is it that great tonic-stimulant, blood-purifier and Duffy's is an absolutely pure distillation of malted grain. It Is the most effective tonic stimulant and lnvlgorator known to science; softened by warmth and moisture Us palatablllty and freedom from Injurious substances render It so that It can be retained Ty the most sensitive stomach. It cures nervousness, typhoid, malaria, every form of stomach trouble, diseases of the throat and lungs, and all run down and weakened conditions of the body, brain and nerves. It Is prescribed by doctors and is recognized as a family medicine everywhere. OAUTIOV Worn you ask your druggist, grooar or dealer for Duffy Fur Malt Whiskey He sure you get the genuine, it's th only absolutsly pur mediolnal malt whiskey and 1 sold In large sealed bottles only; never In hulk. Price $1.00. look for th trade-mark, th "Old Chemist," on th label, and make sure the seal over th ork Is unbroken. Writ Consulting Physician, Duffy Malt Whiskey Co., Xoohsater, V. T., for a free copy of illustrated medical booklet and free advice. try would like to aid the country of those banks which fall and lose the money of their depositors. If Mr. Bryan's scheme I carried out we will have one of the greatest banking trusts the world has ever seen and aurely these democratic orators do not believe In trusts. The monarchial system of banking Is not the wish of the American people. "The relation between a banker and a depositor is that of debtor and creditor. The 'majority of the depositors decide wisely, considering the capital of the bank and the men who run It. It takes ability and judgment to run a bank successfully. "Character with only a small capital goes farther than lurge capital and-small char acter. Capital is not all power, for char acter can at any time be coined into capi tal, but capital cannot be coined Into char acter. The loss since the war lias been but 4 cents to every $100 deposited. If tlie bank guaranty is to take the place of capital and character the loss cannot be estimated. The present five national banks of Omaha, the upholders of our financial life, are all ooffshots of the three institutions started In Omaha forty-five years ago. During these forty-five years not one of thes.5 banks has lost a rent for a depositor. That is the record of the Omaha bunks. "Now comes Mr. Hitchcock and wants to tax the Omaha banks which have not lout a cent In forty-five years to take care of banks In other sections where they are not properly managed. The Omaha banks would be asked to contribute 11,000,000 In ten years, according to the figures of Mr. Bryan and Mr. Hitchcock. If they had been taxed all these years what return would Omaha huve had? Not a cent, and all this money would have been taken away from Omuha. Experience la Other State. Bank guaranty law were held a long time ago In New York for two years, but the law was repealed as soon as tho legis lature met. It cost the state ,1,000,100. Michigan' law met the same fate. Okla homa's laws will go likewise. Mr. liiyun had them push the law In without discus sion as he wants tt to use In the natlonul campaign. Half the men who passed this law did not read It, and would not have understood it if they had. There has been a great Increase In the number of banks and 1n the volume of deposits In the guar anteed banks which goes to curry out my arguments. Forty-seven new bunks huve teen organised In Oklahoma since May because of this law. Five had been organized in one day. In a town of 1,100 people the officer of the law had to turn down a fourth bank which wanted to organize. Of the forty-seven new banks forty-two have only 10,000 each of capital the minimum under the law. They say "what do we care for capital the Stat Is in partnership with us?' One bank with $100,000 under the national system has reorganized with $10,000 capital under the state system. The loans . have increase, over the Increase in deposits over $1,500,000 If fraud is contemplated It Is made vei. easy under the guaranty. In Oklahoma one case Is reported where one man who was Just releasd from the penitentiary as a pubMo defaulter Is starting a bank. A saloonkeeper driven out of business by pro hibition started a bank, and has deposits of $30,000. Another Went through bankruptcy and then organised a bank." Coaclaaloa ( Debaters, "The effort Is not only to guarantee the deposits but to regulate the banks," said Mr. Hitchcock. In Canada there prevails a system of bank guaranties on all fours with the pro. posed law, except that it applies to notes as well as deposits. In England they are guaranteed, practically, because there they have but few banks with many' branches, so they practically gusrantea each others' deposits; snd the same Is true in France. The banks should be forced to go Into this die same as rsilroads were compelled to put on safety appliances. It Is the duty of the state to see that a bank is made safe." "Mr. Hitchcock tries to get away from the Oklahoma law," replied Mr. Tates. "It Is as good and perfect as a national law of the kind could be. It was framed up by Mr. Bryan after his own ideas. Governor Haskell is one of the banking board. The stste of Oklahoma assure no guaranty , under th law, but the depositors art guar Mr. J. H. Riley, pensioned fireman of South Boston, Mass. We verbatim. Mr. Riley's comrades in the Fire restoration to health almost miraculous. MR. J. H. doctors of all schools prescribe and body-builder! anteed by the guarantee fund. The Okla homa banking law is the worst piece of political machinery ever contrived. "Mr. Hitchcock does not tell us how the guarantee law would have headed off the trouble of last year. I don't think Mr. Hitchcock thinks this money should be kept in cash. Do you, Mr. Hitchcock? "Yes. some of it," replied Mr. Hitchcock. "I don't believe you know anything about it," said Mr. Yates with a smile. . u . "If the fund were all kept in cash it never could be sufficient to meet the de mands made Upon it," concluded Mr. Yates. "In Oklahoma the fund Is $120,000 and how could It even furnish funds for one large bank. Last fall the deposits of the banks which cloned in New York aggregated $130, C00.0CO. Where would you have gotten the money to pay these depositors? There can be no fund provided which will prevent bank runs. We are all striving to prevent this. The banks have not been derelict. The bank guarantee plan is unsafe, unfair, unequitable and there Is no Justification for it." COLORED VOTERS OUT IN FORCE Republican Candidates Are Greeted with Enthusiasm at Foraker Club Meetlnar. Wild cheering for A. W. Jefferis and In tense enthusiasm for the whole republican ticket characterized the rally held at Idle wild hall last evening under the auspices of the Foraker Republican club. No more en thusiastic meeting has been held locally in the present campaign and as convincing a demonstration as could possibly be was made of the fact that the entire colored vote of Omaha will be cast for the repub lican ticket. Member after member of tho club arose and pledged himself not only to vote for the republican ticket, but to make It a point of personal honor that every man of his race whom he knew should do like wise. President G. W. Hiller of the club pre sided and ail the other officers of the club were present, these Including George Dick inson, Henry l'lummer, W. J. Johnson and M. F. Singleton. Addresses were made by a number of candidates on the republican ticket for congressional, legislative or county office, speaking in the following order: F. C. Best. G. H. Brewer, Dr. H. A. Foster, F. 8. Tucker, James Walsh, T. A. Hollister and A. W. Jefferis. Besides these, three members of the club, T. B. Watklns, Fred Bainett and M. F. Singleton were heard and President Fred Smith of the Taft Republican club (colored). Judge Macomber and Dr. W.8. Gibbs. also mak ing brief remarks. Of the candidates Jefferis and T. A. Hol lister roused the greatest enthusiasm, the former being greeted with cheers at the be ginning and conclusion of his address and Delng frequently Interrupted by prolonged eiiods of applause. Mr. Jetferls said in part: "it was a proud moment in rnv life that when trouble occurred some years ago in Daes county, when Sergeant Reed of the Tenth cavalry was arrested on a charge of murder, when feeling ran high in the neighborhood, whir, a man was retained to assist the county attorney who boasted that it had been his ambition for years to help hang a 'plgger,' as he called lilm. that then Fred Burnett of this city advised the friends $of the man who faced a prejudiced public sentiment during his trial, to send for me. "I went to Dawes county and after three days of battling over a Jury picked from among men determined to convict, and after several daya more of hearing vldence, chiefly from men who were em phatically biased against the defendant, ve then went to the Jury. "Arguments over, they took the case and for two days and two nights ten of the twelve voted steadily to acquit, the other two as steadily to convict. Finally they brought In a verdict for manslaugh ter wltha recommendation that the sen tence Imposed be the lightest possible. "The invitation to defend that colored soldier in his hour of deadly peril was an experience w hleh made me believe I possess the confidence of the colored race, and that confidence I have tried to ket uiui to luatlfv. ior soiue minutes Mr. Jefferis than de-' Pure Marc Trouble RILEY. use Duffy's Pure Malt Whiskey as the voted himself to narrating the progress of colored folk up from slavery and quoted statistics showing that from a percentage of illiteracy of about 100 It had been reduced to 44; 12 per cent in the years from 1890 to 1900. He closed with an appeal to his auditors to register October 24 and to see that all their friends did similarly. He had been preceded by the republican candidate for county attorney, Mr. Hol lister, in a stirring',- address, pledged himself to an Impartial administration of the office, "giving every man his Just due without regard to race, color, wealth or other quality than strict Justice de mands." The address of T. B. Watklns.a member of the club, was so eloquent that every succeeding speaker referred to it in terms of the highest praise. WOMEN SUFFRAGISTS MEET American Association Does Not Take Kindly to SnKseatlon of British Worker. BUFFALO. Oct. 15. The fortieth annual convention of the American Woman's Suf frage association was called to order this afternoon by the president, Rev. Anna Howard Shaw, who called attention to the progress made by the workers for woman suffrage and predicted even more rapid ad vancement of the cause in the future. Mayor J. N. Adam extended a hearty greeting to the delegates at the Young Men's Christian association auditorium to night. The letter Of Mrs. Annie Cobden Sanderson, the English suffragist organizer, advising American suffragists to "intro duce into your organization more of the fire of revolt, more denunciation and more insistent demand that the woman ntfcy have the power and the liberty to work for the world's moral regeneration," was given out. "American suffragists do not countenance the methods In vogue In England." This opinion, voiced by one of the prominent delegates reflects the general feeling among the suffragists here. Miss Emily Howland of Sherwood, N. Y., one of the pioneers In the suffrage cause, spoke on the "Spirit of 1818," calling atten tion to the Inimitable declaration made at the first woman's rights convention In the world, held at Seneca Falls, N. Y., in 1848. Mies Howland read from the autobiography of Elizabeth Cady Stanton that "thl was the first organized protest against the In justice which had brooded for ages over the character and destiny of one-half the I ace." Mrs. Rachel Foster Avery of Swartmor gave a summary of the International Suf fragist alliance. Thousands of women are working for the ballot all over Europe, Mis. Avery said. Even In Turkeyx th women are casting aside their veils and Joining Issues with the Young Turks. TESTIMONY IN CHANLER SUIT Brother of Men York Democratic Can dldate fur Governor Charges Him with Fraud. CHAR LOTTES TILE, Va'., Oct. 15. The case of John Armstrong Chaloner, or Chan, ler. former husband of Amelia Rives, authoress, against Thomas T. Sherman of New York insanity commission, is be ing heard before United States Commis sioner Booth. Mr. Chaloner will take the stand tomorrow. The object of this suit Is to legally es tablish the sanity of Chaloner and recover his fortune alleged to have been confiscated by New York courts. Chaloner la repre sented by George C. Gregory, Richmond and William Reed of New York and Sher man by Joseph H. Choate, Jr., son of for .lier Ambassador Choate. Chaloner charges his brother Louis Stuy vesant Chanler, candidate for governor of New York on the democratic ticket with fraud and practically alleges that hi brother made a false certificate In order to commit him to a madhouse, declaring that his brother In a petition sworn to by hlio In 197, before a Judge In New York state, testified aa of his own knowleilc to af fairs occurring at "Merry Mills." . when as a matter ot fact his brother ."I not been Inside of J he house snd huu no per sonal knowledue of the matters at all. In whiskey.' "Correct Dresa for Men and Boys" THE RIGHT SUIT! Exercise the same care in selecting your fall suit that you would in buying a house. You live in both. There is no excuse for a man looking baggy at the knees or wearing a coat that sags at the collar or drags forlornly down at the front. If you buy your clothes at the Berg Clothing Co. it won't happen to you. The illustration here is one of our new models showing you what they will look like it if you buy them at this store, where clothes making is considered an art and not a trade. Take a look at our $15.00, $18.00, $20.00, $22.50 Suits and match them if you can. "We court comparison" and our ambition is to have you satisfied, for then you will come again. Fall Toppers new coats we'rj showing win admiring approval from men who are the lined and all are beauties and ar good shirts will be greatly interested. The best ONE DOLLAR shirts on the market can be found here. We have never seen their equal and we think that you haven't. We Make Pennsylvania "Only a Night on the Road" Particular Information concerning this and other popular trains of "The Standard Railroad of America," at Oity Ticket Office, 248 South Olark ' Street, or by addressing O. L. Kimball, Assistant General Passenger Agent, No. 2 Sherman Street, Chicago. "Equipment and Service Up-to-Date" Ask the Agent of Any Connecting Line For a Pennsylvania Map Folder this petition I 8. Chanler ws Joined by his brother, Winthrop A. Chanler and by Arthur A. Carey, a cousin. Testimony is Mug taken here to avoid the expense of conveying witnesses to New York, where the case Is set to be heard next Monday. ALONG THE RAILROAD RUN Railway Ba)perltedets Meet Procreaa of Milwaukee B 14 for Soath Americas) Trade. A regular monthly dinner and business meeting of the Omaha division of the Cen tral Association of Railway Officers will be held at the Paxton, Wednesday. The Central association, which is national in scope, Includes the superintendents of di visions of all the lines entering the eleven division headquarters of the association. The Omaha division Includes representatvea of cloven roads and has aa officers: Presi dent F. M. Jones ot the Illinois Central, vice president, C. L. Brown of the Rock Island; secretary treasurer, J. O. Linton of the Illinois Central. Proarra of MllwaaWee. With the completion of the northwest extension of the Milwaukee road that sys tem now has In operation over 1,000 miles of iraik. The entrance to Butte but marks another sup toward the linal tomplttlja IQ r v i ., 1 ivf I A fall top coat gives a snappy style to a man's appearance and It glvea that "properly dressed" effect which is lacking in the chilly looking man who wears no coat when his winter one is too heavy the wonderful Talueg at $10 $15 $18 $20 $22.50 $25 c. SHIRTS Our display GREEN We've a new green hat, sir; "That'a a Dandy." We would be pleased to have you step In and try one on, a beautiful shape and color, and It'a "Strictly It" and it's only $2.50 of the season's choicest shirts are well worth coming to see and the man who enjoys Uniforms ef Every Description Short Line from Chicago "THE 18 HOUR LIMITED" Familiarly known as " Th Pennsylvania. Special" the Pioneer of 18 Hour Trains is running regrularly every day over the Pennsylvania Short Line, and is making1 a remarkable reoord as to "arriving on time at Chicago and New York on the following ohedules: IMTM Chlo&aTO - - Arrive Naw York Lmvn New York ArrivM Chloago 9.4S P. M. to-day 0.40 A. M. to-morrow 8.6A P. M. to-day 8.68 A. M. to-morrow of this new artery of commerce across the continent. In 1875 the Milwaukee ran from Chicago to Milwaukee and St. Paul, with a branch line from Prairie du Chtcn, a total of 600 miles. The wonderful growth of this sys tem during the last thirty years Is but typical of the growth of the western coun try. The opening of the new line to the coast next spring will throw open to set tlement thousands of square miles of coun try heretofore almost undeveloped, because of a lack ot railroad facilities. Bid for loath Americas Trade. Southern ports are to be given quite a boost after October 81, by a reduction in freight rates from Et. Iouls on all goods for export to all countries except Europe, Asia and Africa. These rates will be rela tively lower than rates from points north and east of 8t. Louis. An effort is being made to have manufacturers so make their goods that they will be especially attrac tive to the Latin-American trade. With these reduced rates the manufacturers of the Mississippi and Missouri valleys will go after more of the trade of Mexico and other South American countries. How Ttcoaderoffai Was Takea. one hundred and ninety-nine years ago today the English no. let us go away bai k -T'H years ugo the French no, that Isn't r elit .yj years ago the Indians nh, pshaw! 4'.'.) ii'ura uko th mound Lullrl.-ri look 1 Ticonderofia iroin the cave dwellers. Then ' f l l A 5. 1 I o most critical in dress. Some are silk the Indians took tt from the mound build ers, and the Krenoh took it from the In dians, and than 1W years ago today the Kngllsh took it from the French, and then Ethan Allen, with the aid of the Great Jehovah and the continental congress, took it from the English, and now you can take It from me that no one else Is ever going to take It from anybody. Boston Journal. SUFFRAGETTES ON NEW TACK night of Womta to Register la New York to Be Determlaed br Court. NEW YORK, Oct. 15.-The "suffragette movement in Its local development wss taken Into the courts tcday, when Mis Mary Coleman, member of a law firm, so cured from Justice Blanchard of the su preme court an order directing; the bureau ot eieotlons to show cause tomorrow why a writ of mandamus should not issue com pelling them to allow the name of Mis. Julia Seton Bears to be placed on .the register of voters. Mrs. Bears had boon refused permission to register when she appeared before a registry board. Mis Coleman, who Is well known among New York advocates of woman suffrage, snld that Mrs. Bears had already been allowed to vote In Colorado and should be accord4 the same privilege In New York. Mls Coleman added that the present action v aa brought aa a t"t c.mt. lice Wulil Aus a.t LUb:...a kuu U!S 'US A.-