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Business in Lincoln the past few
weeks has not shown any great improve
ment. Retail trade is reported very dull
in most lines and collections slow. Col
lections are coming in very 6lowly from
the country districts and there seems to be a
general disposition to buy as little as pos
sible and to put off paying for goods already
bought as long as possible. The continued dry pleasant weather
has been broken by a good rain at last and whilo at this time it will
do no particular good, in fact not nearly so much good as it will a
month later, yet at this time hard storms of either rain or snow
will do much to encourage business and the hope for a good crop
this year.
While there has been nothing particularly encouraging in trade
prospects here, things are looking a little brighter in the east. The
success of the new loan and the eagerness with which investors
both here and in Europe have subscribed for the bonds offered has
given new confidence to all classes of investors, and the general
belief in the determination and ability of the President to keep up
the gold reserve will tend to make this confident feeling permanent.
However some financiers, especially on the other side of the water,
seem to doubt the ability of the Morgan syndicate to fulfill its con
tract to furnish the treasury with freo gold during the months to
come, and this scepticism of some of the leading London financial
journals may explain why stocks of all kinds have not Bhown as
much strength as was anticipated on the placing of the gold loan.
An interesting article in the January Forum gives some reasons
"why gold is exported." The author claims that the United States
owe to Europe annually:
1. Money spent by American travellers 8 100,000,000
2. For freight carried in foreign ships 100,000,000
3. For dividends and invsmt. on American securities 75,000,000
4. Profits of foreign corporations and individuals for
real estate investments, partnerships, etc 75,000,000
Total 350,000,000
The balance of trade in our favor in 1804. including exports of silver,
was 8264,000,000, leaving a balance of nearly 8100,000,000 to be paid
by us in gold or securities, and as Europe is not taking our securi
ties at present, it must have been paid in gold. Then, too, "on
account of a distrust either of our ability or intention to pay in
gold, foreign security holders have been demanding payment as
securities matured. Real estate loans have been collected instead
of 'renewed and real estate investments have not been made as
formerly. The author concludes that before we can expect a return
of confidence in foreign investors, our corporate management must
be more honest and reliable, and above all our currency must be put
upon ac absolutely sound basis. And the first step toward putting
our currency upon a sound basis should be the funding of the green
backs and treasury notes into a low rate long time gold bond, which
Nebraska farmers are not tho only sufferers this years. Some
South Carolina papers describe very vividly the suffering among
the cotton farmers of that state owing to tho very low price of cot
ton, and tells how the farmers, for the first time in tho history of
tho state, aro unable this year to buy fertilizers for their land. It
seems that the state agricultural college is dependent on the tax on
fertilizers for half its income and this year it has been reduced more
than half so that tho institution is seriously crippled. Tho presi
dent has notified needy students that they cannot expect the help
this year that has heretofore been extended. Misery loves company
and it may be some comfort to our struggling farmers in tho weetern
part of this state to know that they are not the only sufferers.
There really seems to be 6omo prospect of tho bill permanently
locating the state fair at Lincoln passing the legislature. At least
it has'reccived so much support that it has thoroughly scared the
Omaha contingent. The Lincoln Commercial club has finally
aroused from its long and peaceful slumber and is taking an active
part in pushing tho bill. Thero iB no doubt that Lincoln is the
proper place for the fair if it is to be a permanent and sucessful
state institution and most members of the legislature are taking
this view of it. The part taken by tho Lancaster delegation in the
bitter fight over tho oleomargerino bill has also made many friends
for the state fair bill.
THE SACK SUIT.
Do not have a sack suit, which is the most practical one for busi
ness, cut to fit snugly. The coat should bo made somewhat but not
too loose, so that it can button,easily across the breast, and so that
it will not bulge out if you have a handkerchief in the outside, or a
note-book in tho inside pocket. See that your 6ac': coat has only
two large pockets and one small one, the latter being for change,
or car tickets. Sack coats with upper breast pockets are not in
fashion, although one sees many of them on the streets, A coat is
also much more sightly if the tailor has dispensed with pocket-flaps.
The handkerchief is carried these days in the left lower pocket-note-books
not to bulky in the inside. Very fashionable men put
their watch in their left hand trousers pocket attached to a gold
or silver key chain, on which is also their latch key, and perhaps
their pencil and their cigar cutter. It is also the vogue to wear the
coat unbottoned, especially in the house. Some men, even in lati
tudes as high as New York and Boston, do not wear overcoats at all,
but with sack coat buttoned, and frequently unbuttoned, thev
promenade the principal thoroughfares, pretending to be oblivious
to the cold.
"CASA BRACGIO.
Readers of Marion Crawford's novel "Casa Braccio," now appear
ing in The Century, will be interested in knowing that tho story, as
printed so far, is true, except that the scene of the actual occurence
was in in South America instead of Italy. The girl who really es
caped .from a Carmelite convent with a Scotch surgeon, was tho
niece of a bishop. A skeleton was placed in her bed, when it was
fired, instead of a body as in Mr. Crawford's story. After much
suffering the surgeon and his wife reached the sea-coast, and were
taken aboard an English vessel, whence they sailed to Scotland and
lived many years in Ediuburg. The part of Mr. Crawfords' story
still to appear, portraying the punishment visited upon tho pair for
their sin, is imaginary.
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