Indianapolis Journal, Indianapolis, Marion County, 28 November 1892 — Page 4

THE INDIANAPOLIS JOURNAL, MONDAY, NOVEMBER 28, 1892.

THE DAILY JOURNAL MONDAY, NOVEMBER 23. 1802. HASUlAUiuS OFFICE -4. Fourteentn St.

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All tommunitations intendtdor publication in this paper must, in order torttexte attmtUm, bt accompanied by the name and address of the tenter' TOR INDIANAPOLIS JOUIIKAL, j 1 Can be found at ths following place: ' - PARIS-Amcrican Exchange in Paris, 38 Boulevard tie Capacities. KEW YORK Grsey House and Windsor Hotel. PHILADELPHIA A- P. Kemble, 3735 Lancaster avenue. " CHICAGO Palmer Ilonse. CnJCINNATI-J. U. Hawley & Ca, 154 Vina street LOTJISVILLE-C. T. Deering, northwest comes ol Third and Jefferson streeta. BT. LOUIS-Union News Co., Union Depot. WASHINGTON, D. C.-Rigs Hoase and Ebbltt House. .Ocean steamers that have do regular routes, and which turnup in unexpected places, are called tramp steamers. The comet recently sighted seems to have been a tramp comet. . If anything struck the earth last sight nobody noticed it. and if there waa a meteoric display it was invisible on account of tho clouds. So the crisis is past and the engagement off. An alleged independent paper in this State remarks that "Governor McKinley's father is dead, and the Governor is nearly dead." It is certainly very independent of tho dictates of common decency. Judge Goff, of West Virginia, whom President Harrison appointed to tho new Court of Appeals, recently remarked that "it seemed to be tho sentiment of the United States Judges with whom be associated that it is unparliamentary, so to speak, for them to express their views on politics for publication." Thero is now and then an exception. The champions of State bank circulation will find no consolation in the fact that the circulation of national banks was increased 810,487,000 during the year which ended Oct. 31, 1692. If tho banks were allowed to issue bills to tho full face value of their bonds, milliops would bo added to the money stock of the country, and particularly of the new West and the Southwest. President Eliot, of Harvard, in a recent address, advocated unrestricted immigration. In so doing he proves himself a logical free-trader. If we open our markets to the products of all the world without restriction, why close them to the people who mako themT The logio of the President of Harvard is commended to all those who call themselves free-traders or who advocate a tariff for revenue only, which is the same thing. A current saying in Washington is "Cleveland's prayers for a Republican Senate have not been answered." A Republican Senate has been a great boon to the Democratic party in saving it from itself standing between the party . and the execution of its promises and threats. Mr. Cleveland may well trem- ' ble in view of the fact that his party will soon control every branch of the government. The tiger's cage-door will be wide open. TnE plutocratic dinner of the Manhattan Club, of which Mr. Cleveland partook just before his flight to Hog island, is yet a theme of comment. Probably so many . millionaires, never before sat down to ono dinner in which bo limited a number participated. Many of the guests are comparatively unknown, but nearly every one of them could write his check for n million. And yet in the canvass plutocrats were denounced by the Cloveland orators. The owners of the Anderson tin-plate-works, recently destroyed by fire, have decided not to rebuild. Tho circumstances of the tire showed beyond a doubt that it was the work of an incendiary, and the destruction of the works was clearly traceable to partisan malice against an obnoxious industry. Previous to the fire tho establishment was doing a good business, but the determined hostility shown against the enterprise has compelled the owners to abandon it. In an article in tho Forum, ex-Senator Edmunds, of Vermont, says that the man who "applies himself to the study and practice of politics must have his worldly competence already established ox ho must starve," unless he parts with patriotism and honesty and "pursues politics as a trade from which personal and pecuniary gain can bo derived." But the ex-Senator would say that every citizen should take a deep interest in politics and participate as a citizen in all elections. In 1879 Mr. Gladstone made a speech in which he told the agricultural people of England that oven if tho United States did not raise that couutry all the wheat it wanted at a lower price than they could a fiord to raise it, Manitoba would soon compel lower prices by its immense product. Even then Mr. Glad stone saw the coming overproduction of wheat outside of England, as his predic tion shows, but he was wrong about Manitoba, whose predicted growth and consequent wheat crop has never been realized. TnE Board of Aldermen in Brooklyn, N. Y.. appropriated $50,000 for the Columbu5 celebration, and bills have al ready been paid to the amount of $51.220. Among tbeso are 817,411 for music, 2,704 for stands, $2,b5I for sundries.

etc. At the close of the parade the aldermen invited some friends to a favorite resort to drink to tho memory of. Columbus, and that interesting ceremony cost tho tax-payers over $2,000. Yet the people aro powerless against that kind of government.

THE SILVES COSFERESCE. The reports which come from Brussels and other European capitals regarding the possible action of the international monetary conference aro not assuring to the friends of bimetallism. At the outset the representatives of Great Britain in the conference do not represent the Ministry which was in power ayearago, when its financial head gave Secretary Foster, of the Treasury, so much encouragement regarding the attitude of that government toward bimetallism. The Salisbury government, representing the commercial interests, looked upon the larger use of silver with great favor, as the report of the royal commission, made several years ago, and the attitude of Mr. Goschen, head of the Treasury,' have shown. The new Gladstone Ministry is controlled by the theorists who hold that gold should be the basis of British money. As its representatives are in tho conference, it is no cause for surprise that they have, in effect, declared their hostility at the outset. There are also indications that tho influence of the Rothschilds is felt against the policy of enlarging the .volume of legal-tender money by adding silver. There is also a prevailing opinion in Europe that, it not assisted by other governments, the United States will adopt free silver coinage and thus relieve other nations of any part of the responsibility of restoring silver values. They have seen that a majority in Congress is in favor of free coinage, but they have failed to see' that neither President Harrison nor President-elect Cleveland will approve such a measure. Consequently they hold off. And yet the representatives of these governments are very anxious to stop the depreciation of silver and to restore it to an intrinsic value which will make the large quantities of silver money used by the masses in ordinary transactions nearer its face value than it is. To this end is the proposition that European nations will purchase a minimum of $25,000,000 worth of silver bullion annually if the United States government will continue to purchase 54.000,000 ounces, which at the present price of bullion would bo about $43,900,000 worth. Such a proposition cannot bo considered a moment, or any other which does not make every government represented in the conference an equitable sharer in the work of restoring the white metal to its old European vaine. The governments of Europeshould be made to understand that the United States is now in a position to get along without bimetallism as well as any nation in the world, and that its Congress will not make this country the dumping ground of all the silver in the world simply because it is a largo producer of the metal. It seems, however, that nothing will make thorn believo this important fact but a total suspension of the coinage of legal-tender silver or of the issue of legal-tender paper on silver bullion. The repeal of the Sherman act would bring them to a realizing sense of the fact. THE MOVEMENT TOR BETTER B0AD3. No subject has, come to the front more rapidly during the last few years than the necessity for improved country roads. It was, "indeed, high time that the reform should be inaugurated, and the public mind seems to be ripe for it. It is a matter of infinite (Surprise that ' . 1 . 1 A 1 iL. ine iYmerican peopie, claiming 10 ue me most progressive, practical and enterprising on earth, should have gone so long without making any intelligent effort to establish a general , system of good roads. In all other 'material respects we have made more progress during the last fifty years than any other people. "We have constructed about as many miles of railroad as all tho rest of tho world combined, and have developed a splendid system of inland transportation. We have accomplished wonders in the way of engineering exploits, and in many ways have shown our ability to cope with tho most difficult physical problems of; nature. But in the matter of country roads we have made almost no progress whatevor. There has been money enough spent to have made good roads throughout every Northern Stato, but it has for the most part been so, unwisoly spent that it might almost be said to have been thrown away. And so, year after year, and generation after generation, our people havo gone on floundering through mud roads and paying an enormous penalty, morally and pecuniarily, for their lack of intelligence and enterprise in a matter of prime importance and universal interest. Within the last few years, thanks to the efforts of a few progressive men, the persistent agitation of the press, and the skillful utilization of the various influences interested in good roads tho public mind has become aroused on tho subject. A largo amount of instructive literature on the subject of good roads has been circnlated, numerous addresses have been delivered, and State conventions have been held and organizations formed. A "National League foi Good Roads" has been formed, including among its officers the Governors of many States, and other representative men. The active assistance of the railroads has been enlisted, for they fully recognize the advantage to them of good wagon-roads in making it easy to haul farm products to market. An address issued by the national league says: No person or association in tho land can afford to neglect a movement so vital as this to the country's progress and prosperity. Few. indeed, have not. in addition to tbeir concern in tho general welfare, some special interest, direct or indirect, in the condition of the highways. Anart from the acknowledged interest in good roads of tbe builders of wagons, carriages, bicycles, tractiou and farm engines and implements, that of coacbtnic nd country dabs, coach and carriagtowners. anrse- ' breeders, etc. aud that of nil merchants and manufacturers in respect to the cheap and speedy distribution of goods and better collection of raw materials and money re

turns, there are mauy great semi-public institutions whose interests aro deeply involved railroads, in the equal distribntion of their traffic through tbe seasons, securing constant employment of their force and equipment; telegraph and telephone companies, in the extension of country service; newspapers, in the expansion of their circulation through free delivery that will follow good roads; banks and bankers, in the quicker movement of capital in country business; tire insurance companies, in tbe ability to reach oountry tires with town apparatus; life insurance companies, in the prompt relief of the sick or injured, and in a genrraj amelioration of physical and social conditions tending to prolong life; labor organizations, in the non-competitive employment of convicts, and all philanthropic associations and individuals, in tbe provision of employment sufficient to "abolish poverty." or, at least, want and starvation for a generation, diminish crime and relievo the congestion in cities, and in the cheapening of food products to all consumers, and general promotion of the happiness ana welfare of tbe whole people. A movement so clearly iu the interest of the. general welfare rises above all partisan schemes and appeals to the support of good citizens of all classes, irrespective of politics or party. Indeed; wo seem to have passed the point where it is necessary to argue in favor of the necessity or benefits of good roads to all classes of community. These aro now universally conceded by all whoso opinions are worth anything, and the only question now is, how shall public opinion on tho subject bo organized and made effective! Shall it bo done by tho State, by counties and townships, or

shall the general government aid in the' work, and in either case what is the most practical plan of procedure? The main points to be kept in view are good engineering, thoroughness of work and uniformity of plans, so that when com pleted the roads shall constitute a general system which can be kept in repair at moderate expense for all time to come. The wholo subject will be intelligently discussed by the road congress which is to meet in this city on Tuesday, Dec. 6, under the auspices of the Commercial Club of this city. Several prominent leaders in tho good-roads movement in other States will be present on that occasion and deliver addresses, and there is reason to believo the discussions will be practical and interesting. Arrangements have been made for reduced railroad rates for delegates and others attending the meeting, and it is to bo hoped the attendance will be such as to indicate that the people of Indiana are at least as ready as those of other States to support the now reform. The President of the world's fair has written a letter relating to Sunday opening of the fair, and has sent copies to the President of tbe United States and toyeach Senator and Representative in Congress, defining the position of the directory on the subject. The letter is. In effect, an urgent recommendation for the repeal of the Sunday-closing act. Tfyis request is based on the fact that a majority of the American people aro undoubtedly opposed to closing tho fair on Sundays and that the opening as contemplated by tho directors would be no desecration of the day, even from a Sabbatarian point of view. On tho latter point, tho president says: ,-,'-';;; We have in consideration in-evenTbf a repeal of the Sunday-closing clause the establishment of a bureau the purposaof which will be to arrange for religious services, to be conducted by the most eminent clergymen of the day, with sacred musio of tbe highest order, every Sunday at the exposition park; to stop all machinery, merchandising and unnecessary labor, with a rule that our employes shall work but six days n week, and thus not to desecrate the Sabbath, but to give evidence of it in such a way as would put to shame and enlist the friendship of those who in their misguided zeal would make such a feature impossible. A Washington dispatch represents that bur Mr. Bynum is very eager for an extra session so eager that he would pass from the inaugural address of Mr. Cleveland to a ballot for Speaker. He is also very eager to down Mr. Crisp, not that he is a candidate for Speaker, but for the chairmanship of the committee on ways and means, a place in which Mr. Springer rattles about like 'a pea in a pint cup. Mr. Bynum is right; after Springer has been mado the party leader in the House by that appointment, any other Democrat cannot hesitate to apply. But from Randall and Carlisle to Bynum Great Scott! No President-elect before Mr. Cloveland ever adopted the ungracious expedient of running away from his political friends, or Hung a wholesale insult at those who camo to seo him. "Many of the callers I have been obliged to receive," he said before leaving New York, "would not have encroached upon my timo if they had given the matter a moment's reflection, for there is no reason or decency in my being overwhelmed with such matters at this timo." There is an autocratic and "stuck-up" tone in this that is eminently Clevelandish. It would seem that $3,230,000 is a largo price for the property and franchise of the Citizens' Railway Company, but if the city should continue to grow as it has during the past six years, and the cost of operating by electricity shall ba reduced, ns is predicted it will bo, it will prove n good investment at that figure. The future of rapid transit is just beginning to be comprehended by capitalist?, while its benefits are not yet even dreamed of by those who have been emancipated from the mule car. The Organized Charities. The annual meeting of the 'Indianapolis Benevolent Society. last nicht. was a notable one. remarkable not only for tho audience who took part in it, bat for the causes presented from tho platform. The speakers represented the best elements of our business and professional life. It is no light assurance that the methods of the circle of charities are sound and its prac-. tlco intelligent and conscientious when suchlnen as occupied the platform last nicht are prond to take publio part and testify by word and example, as well as by their contributions of money, to the esteem in which they hold the organized charities of the city. Some of these gent'einen do far more than merely appear on the platform of the annual meeting. They aro rendering faithful and disinterested service week by week all tbe year round. oftsn amid some discouragement, caused by apparent failure of appreciation, or even out-spoken ) criticism and opposition. But they may ! know that although they are not here mentioned by name, aa tbe Journal is sure they would not wish to be, yet the publio ', is beginning to recojnize. and in time will fully appreciate the .value of their work for the public good, and will support it and

them In all that will make for the bettering of the condition of the helpless and unfortunate. ' The annual canvass for funds begins today. The Charity Organization Society will make the collection, for its own expenses, for the Benevolent Society and also for the Board of Children's Guardians as far as it is necessary to supplement the county's payments on this latter a account. The average citizen, who has neither time nor inclination to take personal part in conducting the city's charities, can and will do his share by prompt and liberal response when the appeal is presented to him. The Democratio brethren in Franklin are making it very disagreeablo for tho Hon. George William Cooper. Nov. 20 he wrote one of them in a manner which led them to believe that he would meet them and try to agree upon some plan by which the far-oil appointment of postmaster might be settled. Without doing anything of tbe sort, he notified the Franklin Democratio leaders that he had decided to recommend one Samuel Harris for the position. Thereupon there was a row in the camp. The Franklin Republican has interviewed some of the afflicted, who have expressed themselves freely, as the following extracts show: J. A. 8chmlth said: "It looks as if it were Mr. Cooper's appointment ou personal preference, and not on the recommendation of the people. Mr. Cooper has marie a mistake. lie should have coine to Franklin as he promised and found out what the Democrats wanted." Fred Staff said: "Cooper has lied like a dog. Even in a dog tight I like to see fair and honorable treatment, lie has decided the case before he heard it. trooper has broken his promises and acted In bad faith. He will regret it." Ben Brown said: "You may quote me as saying tbat George Cooper has lied and deceived knowingly In the matter, and has deceived his best friends in an ungentlemanly manner, lie has shown himself to be a coward in that he has not come to Franklin and given all a fair show. I can rind no fault In that I did not obtain Mr. Cooper'e Indorsements, but Iao have a right to lintl fault with Mr. Cooper's lying and deceptive method of treatment. I wish tbat I had not been a candidate that I might be free to make tho vigorous kiok which Each cowardico and treachery makes consistent and proper." In the Ootober number of the Century Miss Mary Wilkins, who had never before published anything but stories, bad what was afterwards decided by the critics to be a "prose pastel,'1 but tbe same critics are still discussing it, and wondering what she was driving at All of them seemed' to have missed the point, and to have failed to discover the humor concealed iu the "game of whist," where four people in oldtime garb, and quaint, and stately speech, indulge in a rubber. Two of them were "a lover and his lass" they are partners in the game and when the lady trumps his ace the lover looks at her and smiles. Do not the critics know that it is a supreme test of love to be able to emile at a partner who trumps the ace? Plainly, Miss Wilkins knows. This writer has four more of these "pastels" in' the current Century. There is nothing especially original about their thought or style. They are common enough in the. French, and Olive Schreincr has made them familiar in English, although in her work they are not always detached as here. The one entitled "Death1 by Miss Wilkins, is strongly suggestive of Miss Sohreiner. No wonder the people on the South Side are indignant because no electrio lines are run into that part of the city when they have been extended over miles of highway on the North Side, which aro very sparsely inhabited. No portion of the city needs rapid transit more than tbe South Side. But indignation meetings will afiord them only such relief as comes fromfreeing their minds. The managers will be deaf so long as the people of tbe South Side elect councilmen who will tumble over each other to do the bidding of the officers of the Citizens1 company, as was shown when a charter for a competing company was before the Council. A special dispatch from Bristol, Tenn., says that a child was reoently born near that place which, though it lived only . a few" seconds, created a marked sensation. It was, says the veracious chronicler, well developed, bad a full and beautiful set of teeth and lung llowing hair of a dark hue. It was exceedingly pretty and seemed to be possessed of all the mental faculties of vinaturity. In a clear voice it said, "Time here is short," and then olosed its eyes and

passed away. Of course the story is true. Such strange, picturesque things happen in the sunny South, but what did tbe child mean! Mrs. Argent, of Tin-plate Hill, Pa., omitted turkey from the Thanksgiving-day menu at her boarding-house, and the result was a free fight, in which one boarder was tabbed in the leg with a toasting-fork and another's eye was gouged with a potatomasher. It is hardly likely tbat Mrs. Argent's plan of substituting home foot ball for turkey will become general, however, even in boarding-houses. Republicans on the South Side should not forget the meeting of the C. W. Fairbanks Club to-night for the purpose of permanent organization. No one thing can more effectively promote the highest interests of Republicanism in that important part of tho city than a vigorous organization with permanent headquarters. Mhs. Cleveland was so indignant over the report that her life had been endangered by a runaway team that she telegraphed a denial of the "infamous story" to a New York paper. No wonder she was provoked when everybody ought to know that it was not horses but Grover who had run away. When college girls follow the example of their male fellow-etndents. as at Mount Vernon, la., and engage in a furious scrapping match, what becomes of the theory of I gentle feminine influence in co-education! Never mind. Mrs. Lease. If yoa don't 'get into the Senate, you will be welcome in Terre Haute, along with Margaret Mather and Nancy Hanks. AL01T PEOPLE AND THINGS. Thomas A. Epson, who siseps but few bours himself, says tbat the man of tho future may do without sleep entirely. Is Madagascar a dissatisfied husband has only to give his wife a pieco of money and ay. "Madam, I thank you." and, according to the laws of Madagascar, ho is divorced straigbaway. Dk. John Ege, the skin graf tingspeclalist, ofRcadiag, Pa., has anew scheme. This is to graft pieces of hairy skin on baldheaded men, so that tbey will 1 e able to grow a luxuriant head of hair. Ho says he has already tried it and that it is a success. In Japanese auction-rooms both men and women are requited to write their names and the prices they will pay upon slipsof paper. The slips are dropped into a box. At a stated time the box is opened and tho goods are declared the property of the highest bidder. . A distinguished French savant was at work in his study when his domestic -rushed wildly into the room, excited and greatly frightened. "Oh, dear!" she exclaimed. "1 am lost 1 have swallowed a needle. "Never mind," -aid tbe sn van t. quite absorbed in his work, "keep if; here's another." Slaves, tbe price of which is not usually quoted in the markets of the world, are now Tefy"3earrri Arabia. Two hundred

and fifty dollars is paid for able-bodied men from twenty-five to thirty years of age; $5) for likely young women from fourteen to twenty years old. Children continue firm, and in elderly, slightly dam agqd men thero is a decided drop. One of Verdi's recent visitors says that the composer gets as much fun out of his Q'Falstatl"' as the publio is likely to get He sometimes sits down at tbe piano-forte with his librettist Boito. and goes through scene after scene, broken only by pauses for hearty laughter. It is likely that the University of Cambridge will benor Verdi at tho commencement with the degree of doctor of music. A gentleman has left 3,000 to the Edinburgh University toprovide snuff and tobacco for such poor persons iu the infirmary as are in distress for tbe want ot either. He himself bad been for twenty years a slave to the nse of tobacco, and knew the eu tiering incident to its deprivation. He had also been a dresser in the infirmary, and had witnessed the distress of many patients who had been deprived of tobacco. As interesting old man who is living near Woodville, in Rappahannock county, Virginia, is J. W. Yancey, now in his ninetieth year. Mr. Yancey taught reading, writing and arithmetic to Alexander H. Stephens, and be waa one of the young men who composed Lafayette's escort in l&M. Mr. Yancey remembers that at Kixeyville Lafayette was presented with a vast bowl of egguog, but refused to touch it on the plea that he never indulged. Dr. Naxsen, tho Arctic explorer, is only thirty-one years old. stands over six feet high, and is endowed with a splendid physique. "His features are of the pure Scandinavian type," say the London News, "and his month, which i expressive of great resolution, is covered by a long, fair mustache. A newspaper reporter found him in a railway carriage without an overcoat being simply attired in a blue serge suit, while on bis head be wore, jauntily set on one sid, a round Norwegian cap. His impedimenta included a battered and venerable portmanteau, studded with brass nails, which becomes at once an object of interest when it is explained that it accompanied the explorer throughout his now historical journey 'Across Greenland.' Dr. Nansen speaks English fluently."

BUBBLES IN THK A1B Answered. Bmarr What is the Electoral College yell! Telleck "Four years more of Grover," you idiot i As It Should Have Been. "I understand that all you bagged on your hunting trip was a pair ot trousers." 'Well, they were duck trousers, anyway." - Cheerful Thlloiophy. "Yes," said Mr. Orogan, whin I'm bate I take me medicine like a mon, an' if I hoy ahny rye faces to make, I make 'em behoind me back." What More, Indeed. "Uullo, Timmins! I hear that you have written a comio opera." "No; only a topical song." "Great Scott! What more is required!" Family Resemblance. "That slender young woman appoachlng is the sister of Blicketts, the foot-ball player." I don't see much resemblance." "I do. Her face is powdered and his is pulverized." LESSONS OF IllblOEi. They Furnish No Reasons Why republicans Should Desert Protection. to the Editor ot the Indianaooils Journal: Abandoning your principles and the polioy you believe in seems to be recognized as orthodox in politics and just the right thing In some quarters now. ' Indeed, not to do so is even reckoned bourbon ism. The New York Herald says now that the majority has spoken it is the duty of all to help carry out the declarations of policy made by the Democratic party. It is not a new thing for tbe Herald to proclaim the discovery of a northwest passage, but it is a new role for any other paper. As ' early as Ahab the seven thousand minority held to their principles. In our own times the minority maintained its integrity in 1850. and ten years later wiped out the slavery then buttressed by that compromise. To ne charge of bourbonism, let it be replied that dilletantism in politics is a good deal worse, for, while the former had at one time learned something, the latter is without sense. Recently, in your columns, I referred briefly to the political changes from' protection to free trade since 1789, as showing the present one not an exception in our history, and calling attention to the fact that, in all time, history teaches that some lessons are learned only by suffering. For the purpose of further illustrating these things, take some noted periods, and the results both under protection and free trade. From 1835 to 1819, a noted and disastrous period of the freetrade policy, the balance of trade against this country was ?15',:-ja'i,41. The su tiering and disaster always incident when we buy more than we sell, swung the country over to protection, and nnder protection, from 14J to 1840. the balance of trade in our favor was $8.149,123. Industry in , the four years was rapidly recovering. Then from 1847 to lb60, under the last period of fiee trade, tho balance ot trade was against ns to the fimoant of $:V2,0'.W7. So disastrous was it at the end that the government had to pay 10 and 12 per cent, on loans for current expenses. Then came in the present period of protection, and the balance of trade in our favor has been billions of dollars and so great has been the prosperity and development that the new generation that has grown up under it cannot believe that tbe country was ever in a bad conditionionder other policies. The freetrade theories are pretty and capivatlng. Under tbe splendid conditions of prosperity tbey cannot think tbat these pretty theories put into practice could bring disaster. The history of other times seems as nothing, lias it not always been so in all ages and among all peoples? Some things are only learned by Buffering. The quicker apprehension in these times, the greater sensitiveness to shocks, will precipitate a rapid righting of things. Therefore there will be no more ten-year periods of free trade. Like the two on their way to Damascus, the people will get their eyes open, and remember that they were taught these things. , Tbe lessons of history, though forgotten for tbe time, are not wholly lost. It is useless to press these historical lessons turther just now. They were never better presented than in the past year. Practical free trade must cure the fascination for its theories. It may be worth while, however, to call attention to the fact that no newspaper, no advocate, no inveigber against the McKinley law has ever attempted by specification, .in a single paiticular or item, to show that the duty rate was higher on any article impcrted than "the difference between wages abroad and at borne," tbe pledge of the Minneapolis platform. There has been abundant declamation and rant to the contrary effect, but nobody has given figures on a single item of the dutiable list to the contrary, simply because be could not. Tho measure of the duties levied by the McKinley law is "the differences between wages abroad and at home," and the Minneapolis resolution was simply the proclamation of a fact that stands in every page of that statute. The country. North at least, is comiog more and more to believe that, with some noted exceptions, such as wool, and a few other items, Mr. Cleveland will be averse to touching the industries now adjusted to the now law. He is reckuued both wiser and stronger than bis party, and without ambitions motive in the futnre on party account, may prefer well-marked lines of general prosperity to party advantage on uncertain ground. This is the hope for continued prosperity. As stated recently, the uutheru demand for the carrying into ettect of pure free trade and other heresies in tin a nee, is sincere and well defined, and if Mr. Cleveland withstands tbe crack of their whip it will be a singular and happy exception in tho line of lemocratio Presidents. ' Jno. li. Conner. lMIA.VAl'OLJS. NOV. 20. '

UNCLE SAM'S BANK BOOKS

United States Treasurer Xebeker Trom urates an Interesting Annual. Pfcrw of $10,349,354 in the Xet Ordinary Exienduur a Yrktng Talance of Cosh in tbe Treasury of $165,718,151. Washington. Nov. 27. Treasurer of the. United States Nebeker has submitted his report for the fiscal year ending June CO, 1832. The net ordinary revenues of tho government for the fiscal year were $C54,187,78!, a decrease of $C7,G74,CG3, as com pared with the year before. Tbe net ordinary expenditures were 334u,03.SC0, a decrease of $10.$4?,54. The surplus revenues were thus cut down from S37,2.,7&3 to $9,914,453. Including tho publio debt, tho total receipts for the year were 706,401,230, and the expenditures $4,019.29. Considered with reference to the efleet upon tho treasury, the receipts are divided into two general classes.Nof which the first, comprising the ordinary revenues, tbe receipts from loans aud tho deposits for the retirement of national bank notes, increase for the time tho cash available for the uses of the government, while the eeoond, arising lrom the issue of gold, silver and currency certificates. United States notes and and treasury notes, tend to swell the assets of the treasury, but do not affect tbe available balance. For tbe first of these classes .the figures show an excess of eighty-eight millions of expenditures over revenues in IbOh and one of upwards of twenty-seven millions in 1S92. In the second class thero was an excess of nearly sixty-nine millions of receipts in tho former year, and one of eighty millions in the latter. As compared with 1?, there was a saving of upwards of fourteen millions of Interest out of which a surplus was realized, notwithstanding tho cutting down of the rereaues by legislation. CONDITION OF TnE TREASURY. Analyzing the true condition of the treasury and setting aside the trust funds, the Treasurer shows that;there was a working balance of cash and deposits in banks amounting to $207,110,452 at the beginning of the year and $105,718,151 at the end. Of the former amonnt, 110,004000, and of the latter, fll4,5oo,000 was gold. The succcess which has attended the efforts of the dopartment to maintain a strong gold reserve is considered satisfactory, in view of the heavy disbursements. The amount of the publio debt is given as tl,545,lJ6,591 on June SO. 1601, and fl.5SS,. 4 GUI ion Juue iO. 1892. The loans resting on the credit of the United States were cut down from $U0VJOG.5G0 to tyC8.218.b40, while those secured by full deposits iu tho treasury increased from $-'40.1!A),Cm toC20.245,304. There was a gratifying improvement iu tbe condition of the debt, produced by the reduction ot the interest-bearing loans, tbe conversion of matured bonds into others payable at tho option of the Secretary of the Treasury and the extinction of a considerable part of the loans payable on demand. The total not reduction of 87,587,710 in these items was effected by the application of the surplus revenues of the year, amounting to nearly $10,000,000, together with upwards of &7.000.COO taken from tbe cash in the treasury. According to the revised estimates tbe total stock of roonev of all kinds in the country on June 3 . U'J2, was $2.S74,33I.04'J. aa increase of $150,(00.000 in the year, liy eliminating that part of the paper curren- . cy which is purely . representative, consisting of certificates of deposit and treasury notes, the effective stock is found to have been $l,753,tt53,745, an increased STO.OOO.OOO. The monetary history of tho past year, however, has been peculiar, both in the movements of gold, which have been increased, and in the other changes tbat commonly occur with the changes of tbe season, but have this year been less marked. The increase of the effective stock of j money from September to September was only $50.000.. 000. Discussing the changes in the amount and composition of the money stock, tbe Treasurer finds that the increase which marked the fiscal year was the result of tbe production of nearly $17,000,000 of gold in exeess of tho industrial consumption: a fresh issue of $5,000,000 of national bank notes, together with the chauges in tbe stock of silver. The gold exported between January and September was taken mostly from tbe sub-treasury in New York. Up to he end of Jane the withdrawals were made by tbe presentation of gold certificates, but lrom that time on to tbe cessation of shipments, mostly upon tenders of United States notes and treasury notes. $2.374,S34.049 IN THE country. Of the aggregate stock of money at the end of the fiscal year, $771,252,313 was in the treasury and mints, leaving $1,C03,081.786 in the hands of the people. The holdings of the treasury increased $50,000,000 and the amount in circulation $100,000,000 during the year. Figures are given to show that each year during the last ten there has occurred, in tbe month of January, a more or less considerable diminution of tbe gold reserve of the treasury, averaging nearly $10,000,000. which has been succeeded in February by a tendency toward recovery. It is shown that tbe drain has occurred yearly in the face of a decline of gold, both to the treasury and to the country, in the last ten mouths, since January, the treasury gained $22,000,000 of the metal, and the conntry $26,000,000. It thns appears that the depletion of the reserve is the consequence of tbe increase of the circulation of gold certificates, and this, it is shown, grows out of the difficulties which the treasury encounters in the return of the notes and silver certificates of small denominations which were sent oat in the autumn for moving tbe crops. The movement sets in strongly after the first of January through the sub-treasuries, whence .the notes, being more or less worn and of denominations unsaited to city use, aro sent to Washington for redemption. The rbipment redemption and destruction of the old notes and the issue of new take time. Before tne treasury can make the conversion tbe sub-treasuries are drained and the treasury has nothing but gold certificates to send them. In this way the gold reserve curlers until a working balanco of other material can be got together. The issues of United States paper currency amounted to $2?6.?.,5&l exceeding those of any previous year. The nearest approach to this total was $310.OuMO0 in the year before, and the nxt nearest, $r.)l, C03.000 in 18C3. Of the whole amount $.1)3.. 000.000 took tbe place of like kinds nod amounts destroyed, wlilo $7S,OU0,Ou0 consisted of fresh issues. Satisfactory change have been effected, in the condition of tho fractional silver coinage through the liberal appropriations for the past two yeara for this purpose. There hss been a slight deorease in the amounts of counterfeit silver coin and paper currency presented at the treasury offices. There was an increase of over $20,000,000 during the year in the amount of United titatea bonds held for the security of national-bank circulatian, and a decrease of $10,000,000 in the amounts held as security for pnblio deposits. A total addition of $1.. 4XU.WQ was made to the par value of tbe securities composing the I'acltio railroad sinking funds. In proportion to tb volume of national-bank notes in circulation the redemnt.ons continue heavy, hav.ng amounted to $vj.000.000 in the fiscal year. Important legislation is contained in tho act of Congress approved Joly LS, ly.rj. which provides that all national batik notes issued to or received bv any national bank shall be redeemed as provided by the Revised Statutes, "notwithstanding such notes may have been' lost or stolen from the bank and put in circulation without the signature or upon tbe forced signature of thepresidentor vice-president and cashier." Tbe immediate etlectof this enactment is toprovide for tbe redemption of certain Incomplete notes which havo been isnied by the Treasury Department to the hanks whose titles tbey bear, but have been stolen and put into circulation before having been signed by the bank otlicers. In con.nection with earlier provisions tba enactment makes redeemable all impressions of the genuine bank note plates known to be extant.