Democratic Sentinel, Volume 17, Number 38, Rensselaer, Jasper County, 6 October 1893 — TO SUSPEND THE STATE BANK TAX. [ARTICLE]

TO SUSPEND THE STATE BANK TAX.

Congressman Oates Argues for His BUI Before the Banking Committee. The Committee on Banking and Currency of the Househad a bearing Friday morning on Mr. Oates’ bill for the repeal of the 10 per cent tax on State banka Mr. Oates’ bill varies from others in that It simply -suspends” the tax as to all notes issued to circulate as money, provided there shall first be deposited with the State Treasurer or other safe depository an amount of lawful money of the United States, or the solvent bonds at par value of the State or munfeip all lies, equal to the aggregate amount of notes proposed to be issued, which shali be he!d as security, and provided also that the aggregate amount of such State bank issues shall in no case exceed $5 per capita of the pcpulation of the State. Colonel Oates made an elaborate argument in favor of his bill, which, ho said, maintained Federal supervision, with a limitation of v. hat had been declared by the courts t > be a lawful Federal tax.

"JIM” M’GRATH SLAIN. Death of a Notorious West Side Clilvago Character. With a bullet in his heart and an oath on his lips notorious -Jim” McGrath died Thursday afternoon. The climax to his record followed a desperate fight over a can of beer, ia which the fellow shot and fatally injured bis pal, Thomas Behan, and also wounded Police Officer Michael Flemming and an inoffensive citizen named Edward Jackson. After using his pistol with such deadly effect McGrath was shot by Officers Flemming and W. J. Butler and instantly killed. Behan ids in the county hospital with a bullet in his head and cannot recover. Flemming was shot through the calf of his left leg and his wound is not serious. Ho also is in the county hospital. Edward Jackson lost the bridge of his nose, and he, too, is under the care of the county hospital surgeons. MINNESOTA BANK RAIDED. Cashier at Halsted Held Up in the Middle of the Afternoon by Three Men. The Bank of Halsted. at Halsted, a small town in Minnesota, abaut forty miles south of Grand Forks, X. XX, was raided on Wednesday and robbed of $350. The robbers entered the town about 2 o'c'ock In the afternoon, and after getting a livery team in which to esca; e drove to the bank, where the cashier, A A Eckern, was alone. While one of the robbers engaged in conversation with the cashier another suddenly covered him with two revolvers. The third man locked the door, pulled down the blinds and then the trio helped themselves to all the money they could find. Some $2,000 in bills was stowed \way where the robbers did not find it

Is This Our Famed Swimmer? A spice of international interest has been Injected into the situation of affairs In Brazil through two incidents tliat may lead to some complications. The first of these is based on the action of merchant vessels flying the stars and stripes In furnishing provisions to the rebel fleet which threatened Rio Janiero. The other Is best explained by the following cable message from Captain Picking, commanding tbo United States cruiser Charleston at Rio, received by tho Secretary of the navy and the answer sent by Mr. Herbert: “Boynton, a United States citizen, commanding a tug illegally floating British flag, arrested by BrllLsh man-of-war and delivered to me. Had torpedo on board, presumably to attack Insurgent ship. Shall 1 send him home?” Secretary Herbert replied: -Hold Boynton until further orders. suggestion is made that the -Bvynton” mentioned in these dispatches is very probably Paul ISoyton, the diving suit man. who has’be-n mixed up in simitar affairs before.