Indianapolis Journal, Indianapolis, Marion County, 13 January 1897 — Page 3

THE INDIANAPOLIS JOURNAL, WEDNESDAY, JANUARY 13, 1897.

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New York Store Established I8S3. Asfnli for ItQtfrrick Pnttcrns.

There's Money To Be Saved This week, and the thrifty ones arc doin it by taking advantage of our great January Sale of Muslin Underwear And the stock of Dry Goods, Notions, etc., that we bought at Evansville for"20c on the dollar. Hadn't you better come down to-day? Pettis Dry Goods Co. MANY IMITATORS "But no superior, has ... Princess Flour Do not accept a blended or spring wheat Flour as its equal. Buy Your Winter Shoes OF GEO. J. MAROTT, 26 and 28 East Washington St. CSTALL THE LATEST STYLES. """"a "J Absolutely Pure. Celebrated for its great leavening Ptrength and healthfulness. Assures the food against alum and UI forma of adul. teratlon common to the cheap brands. ROYAL, HA KING POWDER CO., YORK. READY FOR BUSINESS. t Conclii'lcil front Second Fna?e. hinder reform? Our people are eagerly asking how much loiiKer tnu.it wo suffer such injustice. It Is the opinion of many very conservative rnr-n that had proper amendments been made n Oie national banking act between lst-ii and 1S7.". to bring it into harmony with the bet features and practice of the world, this country never would have been vexed by a greenback question, nor by any form of the demand tor the unlimited coinage of silver. Are we to wait until the eve-lone of 'l'Xiy. strikes us? The bonds of the United State are Jut as sure to sell In the Immediate future, if we have wise legislation, at prices that will give the purenaer no more income than they paid in the past. For the eight years previous 4o the panic of 1V9.J our londs sold at a Drice averaging to pay onlv 2.4i per cent income. In the years 1V7, l.S and 1S9 the price at which they sold would average to pay only .2"J per cent. With the mined credit of the government the i2i2.uy:i.0.x of bonds that have been sold by the administration averaged In price only Ul.SA. Their normal price, paying 3 per cent, income, was 1-7. H, which would pay more than 3 per cent, above the income derived from bonds at their price the eitrht years previous to the panic of IS'j.'L This shows the loss on the gMM).ii wa.t nearly ifl.Uki.O'Vj. At thfir present price in the market holders have already realized i (.)) on those bonds. The people of the South and Northwest are leinsr made to believe that they ran never secure justice until the other $'-.Ma,W) is realized. Till: HANKS AND COIN. Again, what if the present condition of our banks as to ''coin? This convention needs to take no cognizance of the coinage question as such. That Is entirely independent of the banking question. If the banking question is properly settled the coinage will take care, of lt-elf; and the coinage question will never be settled except by properly and justly settling the banking question. Let me suggest to you that the circulation of paper money among the ieopIe in the place of com money, other thins leing equal, is an evidence of their civilization. In England gold coin is used i:s currency, because the banking laws have been such that the people were not alloweel to use paper money freely. They are put to all the expense and inconvenience of u dug gold tor currency. This gold has lKn accumulating In tlreat Itritain in the pockets of the people for many scores of years. Hut coin in the pockets of the yvHiple is of no mre value commercially than as though sunk In the sea or than paper money m their pockets. Neither is available In commerce. It Is tdmpJy coin or currency peunanently deposited in the pockets of the people and cannot be m;ide available in commerce or in a crisis. Every dollar of paper money in circulation, properly issued, is earning an income to a bank, thereby cheapening the rates of discount, and cheapening the .price of every boot. shoe. gown. coat, barrel of Hour, pound of meat and bushel of potatoes that the inople buy In lower Interest rates. Kvery- dollar of coin not having an economic demand, and therefore necessary, and taking tho place of an entirely satisfactory paper dollar, is costing the people the interest on the valu of that coin, and is so much waste. Never was a greater fallacy proclaimed than that an increase of gold or silver, called ' fundamental money." has any effect upon prices in our day. After having a urriclent amount of coined mony to satisfy the demands of the people for coined money and as the 'mew surer of value" of nil obligations in settling the tinal balance between banks every additional dollar Is waste. "A sufficiency Is enough' in coin a In every other thing. If two horses will dr the woik of a farmer and he Is compelled to keep six we all know he Is losing his original Investment and everything It costs to feed them. It Is so with every other thing of value. Coin is no exception. We have practically a thousand millions of coin in this country. What we actually need can only be determined by experience. We luive JvOd.ivyi.WH) of visible coin. ard we only use .OcrUK) a day in paying all th coin exchanges. How doc this affect the financial condition of the country, including its bank-? Ity taking the place of currency the banks substantially Ue Interest on $;oo.iMf(.iju) of it. whether it be gold nr ilvr. TKEASriiV WASTICITLNI'.-S. Now let us examine for a moment the wastefulness of our public treasury. The government balances In France have only uvoraged t4.4K.CI in the last four years; those of England only J-l.T3.l7: while the money locked up Jn the I'nitcd States treasury averaged In the ten years from is, to ISOl-J-'vUSG.idl. The people uctually paid interest on this vast amount taken out of them In taxation, an additional sum on that amount of bonds of Jll,4tW.T3J every year. This money was worth in the business of the people an average of per cent, per annum, which shows that they actually suffered a loss of Interest on it of SlT..S.r.S each year. Of tho million there was an uverage of $li'.7,l.07u In gold In thv treasury and th people actually paid K-fe-W.!""! annually on that sum. The vHibl.j gold in the United States the gold of commerce during that period, besides that in the treasury. Ih estimated at I.V.u.iu. That is to say. the gold in the treasury and la Uie btnk3 the visible sold was about

IS

jilg

what It Is known to be to-day, ?Si".0v.0t'iO Not a dollar of it coming naturally and legitimately Into contact with the currency of the country as gold does in every other country. Hy the loss on our normal method of Issuing currency and on the enormous and unnecessary balance kept in the I'nited States treasury, the indirect and direct, needless, and therefore oppressive, taxation of our people can be shown to be about $7r.(0.C' ier annum. It will undoubtedly bo a, great surprise to many even of tn Intelligence of the n.en in this assembly to know that the average balance of free moneys In the I'nited States treasury for the year Ki, notwithstanding an annual deficiency in revenue of S l".e-. ) a year, was :T-'M.1'.K",7. and the taxation of the people upon this sum was still further increased at 6 per cent, interest upon it by tn.W.cC. It is also wise for us to ask what our strength Is as compared with other nation in case of war. and our TKsition among them, in view of the facts that 1 have given. It is believed by conservative persona that the Venezuelan message sent to Congress by President Cleveland on Dec. 17, IS&S. cost the country more than two billion dollars, and the panic of 1SI3 many times that, and wholly and only because) of the acknowledged unsoundness of our financial system. Such a message sent to the, legislative assembly of England or of France, under their system of tinance, would have scarcely caused a ripple as compared with Ita disastrous effect ' upon the business of this country. We have the highest authority for believing that our financial system would go to wreck at once upon a certainty of war. WAR AND HANKING. The Hon. John Sherman, in a speech In the Senate of the United State-s. said: "There is scarcely a doubt but that in all conditions of trade or influence, except the contingency of war, the whole mass of United States notes and treasury notes now In circulation can be maintained at par with coin." Aha! Hut how in case of war? And at what cost in taxation? And again, Senator Sherman, In an article In the April Forum. entitled "Deficiency of Revenue the Cause of Our Financial Ills," said (page 114): "There Is scarcely a doubt but that, in all conditions of trade or finance, except the contingency of war. the whole mass of United States notes and treasury notes now In circulation can be maintained at par with coin." In the "contingency of war" we should go to a .silver measure of value In a twinkle. The banking system of France was the savior in the Franco-German war. How would ours be? That of France stood like a shaft of mnrble high in the air, while everything was wreck and ruin about it. It was about their bank that the French people clustered in the rehabilitation of the nation. The Dank of France was the agent of the French nation In easily and promptly satisfying the enormous money indemnity demanded by Germany. The practical question for this convention to consider is what ought to be done to correct the evils made so clearly manifest? I answer we ought to be satisfied with nothing that does not relieve the treasury of the United States absolutely and forever from any responsibility for the "current redemption" of any form of paper money, and that at once. We must banish bonds from any connection with the monetary system. Hankers must be allowed to manage the banking business of the country, as the farmer the business of farming, the cotton manufacturer the cotton business, the woolen the woolen business, and as every other business Is managed, and independently of the government, other than in the supervision of banks, as now. The national bank act must be made as liberal as It is possible to make it. consistent with safe banking. No substantial relief can come In any other way than this. Scarcely any two banks In the country can be managed In their details exactly alike, or safely Issue the same amount of currency. The very largest discrimination must be left to the controller of the currency. Some means must be devised to furnish the country a board of supervisors of the whole national banking system, as in other countries, and that also must have the widest discretion. WHAT IS TO HE DONE? The question over and above what ought to be tlone Is what can be done under existing circumstances? And the answer to that, to my mind, is entirely clear. Nothing, absolutely nothing, until the 'business men and farmers and all workers Interested In a sound currency In the pro.ierIty of the country bring a pressure to bear upon Congress that will compel a thorough reformation of the whole system. On this point let me read ou what is said in an authorized Interview by the Hon. John M. Thurston, of Nebraska: "I feel that all proposed financial legislation can and ought to be postponed until this country has a chance to test the effect of the new protective tariff. We are not, therefore, very much interested about any money Issue." What! Wait ten years, five years? How long? And yet I think he expresses the prevailing opinion of loth the Senate and House of Representatives, ami if that is so nothing will be done until the cyclone strikes us. as it surely will, in UXe. Wait, wait, has been the word for years. How long must we wait? England reformed her coinage In IM", in the midst of one of the fiercest wars of the time, and with France then her bitter and greatest rival. The legal-tender notes cannot h retired, that is sure. An attempt was made to retire them under the act of April ISW. which the people demanded repealed in January. !!. when only fci'Mi ).- were retired. It was attempted again In the act of Jan. 14. !,., which was repealed on May 4. 17. when only S'i:,)W.O' 0 were retired. In 1M there was a bill passed known as the Carlisle refunding bill, and the outcry against the bill was so strong that t!u President was compelled to veto It. Neither can the 10-per-cent, tax on State bank circulation be unconditionally repealed. While the legal-tender notes, treasury notes and silver notes and silver dollars exist that woulel mean chaos. It seems to me the only, practical solution of the question Is to put the "current redemption" of the legal-tender notes and of every form of currency proportionately upon the banks of the conn try, where it is in every other country. Then. In justice to them, and to compensate them for the service, 'allow them to issu currency against their assets to an amount equal to the amount of the legal-tender notes they assumed the current redemption of. Furthermore, the people never will consent to the use of any currency the payment of which is not fully guaranteed by the United States treasury In case of the Insolvency of the bank that puts It In circulation. It has been proved by figures carefully made that a small tax of 2 mills per annum on the currency thus issued by the banks against their assets, retaining the provisions of the present law as to the currency of banks having the tirst lien upon Its assets, will fully compensate the government for any loss that could come to It from guaranteeing such notes. At the conclusion of Mr. Walker's address Mr. Ingalls. cf Cincinnati, moved that tie convention take a rece ss until S o'clock. Hefore putting the motion the chair asked the secretary to reael an invitation, which was from a committee representing the Art Association of Indianapolis, to attend a reception to be given at the Propylaeum. The thanks of the convention were extended to the committee. With Mr. Ingalls's consent, a motion was then carried offering tne iloor to Mr. Harson Rhodes upon reassembling at S o'clock. The convention then adjourned. (For Night Session See Fourth Page.) THE FINANCIAL MIS AN.

StiKpcMlonM Looklntr to the I mc of IlotU Metal at Redemption Mouey. To the K.titor of the Iniianapolis Journal: It Is not always that there is a golden mean between two extremes. It is very frequently the case that the one or the other extreme Is the correct position. Hut I think that as between the two extreme positions of the single gold redemption on one hand, and the single sliver redemption under free coinage on the other hand, there Is a golden mean which should !r adopted. As the columns of the Journal, will shew, I advocated the maintenance of the gold basis of values during the last campaign, and still think that such basis should be maintained. Hut this does not Imply that silver should i:oi in some form be restored as a redemption medium, nor does It; Imply that gold redemption should mean an unlimited gold redemption at all times. The post-election activity of the free-silver force, and the immense vote they cast at the last election, warn us that there should be a proper and satisfactory solution of our monetary troubles before the next presidential election, or we will be In Imminent danger or iree coinage of silver and a drrp to the single silver standard at the Intrinsic value of our silver dollar. The difficulty of the maintenance of the single gold redemption admonishes us that something mut be dene. To avoid the evils of the endless chain many are in favor of the abolition of the greenback currency. Like many other Republicans. I am opposed to this, for the reason that this currency Is the most satisfactory paper money that we ever had. it -should Le preserved at all h;rds. .AB-a. I think the proposition to ubolh" t greenback currency Li Impracticable because it -cannot ;

be done. The people are opposed to it. The greenback currency has been repe-atedly indorsed in Republican platforms, and the speeches of the Republican leaders for the past thirty years are full of eulogies of the greenback, and a large majority of Republicans are opposed to their abolition. And on the other hand at the last election over six millions of Democrats and Populists not only vote-il to retain our present volume of greenback currency, but also to Increase the same. It Is therefore sate to say that nine-tenths of the voters of this country are in favor of grce-nback currency, and any proposition to abolish it would meet with an overwhelming condemnation at the polls. In the third place. I do not think that It Is necessary to abolish the greenback currency. As was snown us clearly during the last campaign by many speeches and articles in the Journal and other Republican papers, a proper tariff law drawn upon protection lines mu bring enough gold in the treasury to resist all attacks of the. endless chain. Hut as another remedy I would suggest that gold notes be not redeemed by the government in unlimited quantities. Mr. Tourgee, in several recent articles in the North American Review, has ably advocated a plan whereby our government currency should be Issued in different series, falling due at different times, and that such money In each series couia not be presented fcr redemption until the same should fall elue. This would prevent tv presentation of greenbacks for redemption In unlimited quantities as at present. Rut I would suggest that Cemgress pass a law. or the secretary of the treasury issue an order, that only one million dollars' worth of greenbacks should be redeemed In any one month, and then in no larger quantities to any one person than $10,000. and that applications for such redemption be filed anil the notes reeleemed in their order. Under such a system the government need not keep more than one-tenth the present gold reserve. Nor do I think that such a plan would in any way affect the value of the greenlack currency. As long as the government of the United States is solvent such a plan would not reduce the value of Its currency below par. All that is necessary to keep our government at par is the belief and confidence of the people that the government Is solvent and will finally redeem and pay Its paper. The average American citizen would be glad to take scime greenbacks at par, even though they would be redeemable in limited eiuantities per month, for the reason that the average American citizen does not want his greenbacks redeemed. This plan would not please the gold brokers of this country and Europe, but I apprehend that in legislation on this question we are to pass such laws as are in the Interest of the people, and not of the brokers antl speculators In any commodity. It is very convenient to the bankers for the government to furnish them with unlimited supplies of gold on demand, but I think it is time for the government to tell the brokers that they must look elsewhere for their gold. I have nothing to say against those who speculate in gold or any other commodity. It Is a legitimate business; but there is no sense in our government undertaking to supply unlimited quantities of gold on demand. as It has in the past. It is not at all necessary to the maintenance of the par value of our greenbacks. We have one of the strongest governments and wealthiest nations on the face of the globe, and It is absurd to say that our greenbacks would not be accepted at par by our citizens because they are not redeemable In unlimited quantities. As a second possible remedy to protect the gold reserve 1 would suggest that a new system of government paper money be devised, redeemable one-half in gold coin and one-half in sliver bullion at its market value, a full gold dollar's worth of silver bullion at the current market rate to be paid for each dollar of paper redeemed In silver. This would place our paper money upon a basis of both gold and silver, and would also maintain the gold standard of value and would be a protection against raids upon the reserve. It would be imoosslole for such paper money

to go below the par value of the gold dol lar, because It woulel be reueemaoie in gout coin and the gold equivalent in sliver bullion and at its current market value. Being based upon both metals, such currency would have the conndenen of the people and would be Infinitely better than a banking currency involving, as it would, a maintenance by the banks of such currency at par by the single gold redemption. Like many others, I believe It would be as difficult for the banks to maintain gold redemption as It now Is for the governmriU to do so. and that, therefore, a bank currency would not have the confidence of the people. I greatly fear that the action of those who advocate the drastrlc and extreme plan of the abolition of our government currency and the Institution of bank currency alone will bring upon us in the next presidential election free coinage of silver, with all Its untold evils. Let us hold fast to the government currency which has given us such good satisfaction (luring the last thirty years. ancMet us break the power of the endless chain and the unlimited gold redemption by some such plan as above indicated. NEWTON M. TAYLOR. Indianapolis, Jan. 12. MR. FAIRBANKS WINS. (Concluded from Firwt I'iikc.) do, as the expression went among the farmers of the early days, and Mr. Fairbanks had rather unusual advantages in education, attending the district school and graduating from the Ohio Wesleyan University, at Delaware, O. Here he met the girl who is now his estimable wife, presides over his homo on Park avenue and has reared for him a charming family of six children. Among his classmates was pretty Cornelia Cole, daughter of Judge J. It. Cole, of Marysvllle. Their college love match ended In marriage shortly after their graduation, and It has proven an extremely happy union. Just about the time or his marriage, in 171. he was admitted to the bar in Ohio and removed to Indianapolis, where he began the practice of his profession with remarkable success. His tirst triumph was win n he was made general conns 1 of the i it Kr W R:iilroad. He ranidlv rose to prominence at the bar and there have been very few cases or large importance in me federal courts of Indiana. Illinois or Ohio lIUilUK lilt i' Liny, nn .. ... not been employed upon the one side cr the ether. Juc'Ige Gresham had taken a great fncv to him. and they were close personal friends. While his personal relations with General Harrison were also very cordial, in the race of these two men for the presidency in UTvS Mr. Fairbanks was naturally in tlie Gresham ranks and was looked to as th-" leader of his forces in Indiana. Some letters passed between General Harrison and Mr. Fairbanks at that time which show very plainly that there was no Interruption whatever of their cordial personal relation. On the contrary, both men understood each other's position exactly and respected each other's motives thoroughly. Immediately after the convention of lvS Mr. Fairbanks advised Judge Gresham thai his duty lay in cordial support of General Harrison during the eight years of official life to which he was entitled. Thus it haplened that In s'sl. when a number of Judge Gresham's friends were carried away, partly bv personal ambition and partly by mistaken loyalty to him. Mr. Fairbanks declined to join forces with them and -or-dlally supported General Harrison at Minneapolis. He had'by this time, by speaking on the stump in every campaign and by the exercise of his natural qualities cf leadership, acquired such political prominence that he was practically in control of the State organization and his support was valuable. That same summer he was made chairman of the Republican State convention at Fort Wayne, and there delivered a notable nddress. At the following session of the legislature. In 1SW. he was the unanimous choice of the Republican minority fcr Senator when Turpie was re-elected. The biennial reorganization of the party in lSr4 and again in iv.. was controlled by his 'friends, and his last political service of nete was when he was chosen chairman of the national convention at St. Louis last June He is a man of stalwart and unflinching Republicanism, whose services are given to the party just as freely when its prospects are gloomy as when they are bri' ht and the same intellectual quahtbs that have made him so successful at the bar have given to him the unquestioned leadership of the party in Indiana since General Harrison has retired frcm active participation in politics. He I resourceful in th extreme, and has a knowledge of men that is seldom equaled. His personal appearance is striking." Tall and hthe of fo-m he dresses always Irt modest black, and displays in his demeat.or a friendly warmth and old-school courtesy that wins him many friends. Thought They Were Helng: Worked." The County Commissioners are still receiving postal cards giving "views" on the cutting down of the courthouse lawn. All cards sent out bore printed addresses. A large number of cards have been received addressed in the same hand writing, which caused the commissioners to thin't for a time that some person much interested one way or the other had sent out cards to persons known to hold similar views, but an examination of this card shows that the opinions expressed are divided. Clearing: t'p Old Warrant. County Auditor Smith Is preparing te advertise about 22j county warrants of im. which. If not, claimed after bting advertised, will revert to the county treasury. The value Is about W. Most of the warrants are for coroner witness fees. The law requires that the warrants shall le held for five years and then udvertlst d.i The owners then have a limited time In which to call for them and if not called for th.n the owners can never cet them.

POLITICAL SPAREKC

HOLT I1KTWEES I'OPILISTS AND MR. VILAS IX THE SENATE. Latter Maliitulned thnt Hie Heal Democratic lMutform AVn Made ljr the liidianniiollN Convention. DEBATE ON HOMESTEAD BILL P1AZX I1V DAVID I1KNNKTT HILL FOIt FOLUTH-CLASS POSTMASTERS. RnHUcntion of Extradition Treaties ItecoiiMldered by the Senate Sensational Charges ! 3Ir. Chandler. WASHINGTON, Jan. 12. Some lively political sparring marked the later hours of the Senate session to-day. The free homestead bill was finder discussion and Mr. Allen found opportunity for questioning Mr. Vilas, of Wisconsin, concerning the party differences of last fall. It brought out much difference of opinion as to whether the Democratic platform was made at Chicago pr at Indianapolis.. Mr. Vilas declared that there was almost nothing In the Chicago platform not Inimical to the interests of the government. He Insisted that the Indianapolis platform was founded throughout in Democracy. Mr. Allen characterized the Indianapolis platform as a "rump affair." The controversy became very lively antl took a wide range. The homestead bill was further debated, but a vote was not reached. Mr. Vilas attacked it as a measure giving away $33,0!)0,rXK) of government money. Mr. Nelson, (Rep., Minnesota), and Mr. Allen and Mr. Peu'er (Pop.. Kansas), spoke for the bill. At the opening of the session Mr. Hill, (Dem., New York), who has not often addressed tho Senate of late, spoke In favor of a law fixing four years as the term of fourth-class postmasters, as well as those who now hold their offices at the pleasure of the appointing power. Mr. Hill. referred to the removal of postmasters when Mr. Stevenson was first assistant postmaster general, and also when Mr. Wanamaker was postmaster general. A new policy had been pursued by the present administration. Whether It was harmful to the party or not he would not say, but all postmasters had been allowed to serve out their terms unless there was cause. At present there were 250 nominations pending before the postoflice committee, held up for one cause or another. Mr. Chandler asked: "Srnce the third day of November last has there not been removals made for political purposes?" Mr. Hill Yes. half a dozen. Mr. Chandler Has there not been many more? Mr. Hill From the clamor one would think there had been a thousand. Mr. Chandler From the complaints that come to me I am .ioformed that many postmasters have been removed because they voted for Mr. Hryan. Mr. Hill said his bill provided that when a postmaster had served a few years and a vacancy occurred the man appointed should only serve out the unexpired term, and would give a Republican four years and a Democratic successor four years, without having charges trumped up against him. The bill went to the committee on postoffiees and post roads. Mr. - Proctor's resolution relative to extending the presidential term was then taken up to allow Mr. Stewart to dlscuxs it. He favored the prohibition against re-election, but oppose-1 the extension of the term to six years. Instead of . lengthenhur the term it should b rhrrrtr.ne-1 f0 two-years-Mr. Stewart said. st that the President would be in closer ttiuch with public sentiment. The resolution was referred to the committee on privileges and elections. The free homestead bill was then taken up. Mr. Nelson supported the bill as a just : xtension of the government tolicy of giving free homesteads to actual settlers. It was as necessary to aid the settlers as tho-e .vho enjoyed the benefits of a protective. airiff and those who were benefited by liver ind harbor improvements. Mr. Chandler rose to a question of privilege, and read a communication from Henry A. Dupont. of Delaware, claiming to have been elected to a seat In the United States Snate on May I. 1S1. for a term of six years. It recited the contest over the ase in the United States Senate a year :igo. and urgeel that the subject should be reopened by the Senate. The memorial was referred to the committee on privileges and .lections. i Mr. Allen criticised senaters who opposed this bill, although all national platforms hael free homestead planks. It was a sad commentary on our national conventions, said Mr. Allen, that good men got together and enunciated principles in order to catch voters, but r.ot with a view to carrying out the principles. Mr. Vila's spoke against the bill. It was strange. h said, that the bill attracted little attention, although it gave away $:". M.JM of government money, according to the rsthnates of government ofllcers. it was a measure intended to bestow a gift on the occupants of Indian lands, relieving them from the payment for the lands which they had agreed to pay the government. There was a spirited three-cornered colloquy when Mr. Allen sought to question Mr. Vilas on the homestead plank of the "Democratic platform." as Mr Alien called it. referring to the platform adopted at Chicago. "If that platform is the one I understand it to be," interrupted Mr. Vilas. T will say that there is almost nothing In it that fs not inimical to the interests of the I'nited Sts'tes." "Let me ask the senator," e;ueriod Mr. Allen, "is he phrased ' with the" course of Wisconsin In gcing Republican last rail?" "I most cordially approve." answered Mr. Vilas, "the determination of the people of Wisconsin by which a majority of' 110. (.itO in a voting population of a little over irM,0(fcj was east against a policy detrimental to the Interests of the LnUed States." Mr. Peffer snoke for the bill, and took occasion to defend the State administration of Kansas from published criticisms. He spoke also In favor of the Independence of Cuba. The bill was then laid aside, and, at ":l. p. m., the Senate adjourned. LHGHD TO RECONSIDER. Senate Amendment? to Trentien DIh approved by the President. WASHINGTON, Jan. 12. The Senate held a brief executive session to-day at the instance of Senator Sherman, chairman of the Senate committee on foreign relations, to consider a communication from the secretary of state in regard to the extradition treaties with the Orange Free State and the Argentine Republic, which were modified and ratified by the Senate yesterdav. These treaties, as negotiated, made provision for the extradition of American citizens as. well as of others accused of crime In Argentina or the Orange State. This is in opposition to the usual custom In extradition treaties made by this country which Is to leave It optional with the United States to surrender fugitives from justice who are citizens of this country or protect them against the foreign country with which we may have an extradition convention. The Senate amended the treaties so as to make them conform to this rul". Secretary Olney's letter was addressed to Senator Sherman and asked that the Senate reconsider its action in ratifying the treaties so as to withdraw from its amendments to them. The secertary said in his letter that he wrote at the instance of the President, and that the latter thought the change made by the Senate unwise. Senator Sherman accordingly moved a reconsideration. TOO MICH FREE COINAGE. Many Hogun Silver Dollnr That Cannot lie Told from Genuine Ones. Special to the indlanapiis Journal. WASHINGTON. Jan. 12. Treasury officials are alarmed over recent revelations which tend to show that an Immense volume of bogus siHer dollars Is afloat. These coins are of the same weight as the genuine and most of them of even superior fineness. Daily consultations are held between Director of the Mint Preston and Secretary Carlisle as to the beit way of stopping the production of the bogu money, ami to-day they, for the tirst time, felt they had real reason to think they

had a chance of circumventing counterfeiters. A New England genius has Invented an Improved die. which he believes will do the business, and otadals are similarly minded. Up to date secret-service officers have been attsolutely unable to locate the source of production or to obtain a clew of any value. CIinmller'M Latest Senantlon. Special tt the Inlianatvtis Journal. WASHINGTON, Jan. l:-Senator Chandler has written a sensational report which he will ask the committee on naval affairs to adopt. It goes Into the Inner workings of the armor-plate matter, and uncovers patent office rascalities- by which the government has been forced to pay hundreds of thousands of dollars in royalties on ar-mor-piate and other war vessel equipment which should have been enjoyed tree. He will recommend that the Harvey patents and the patents granted Carey, one of Carnegie's foremen, be annulled, neither invention being rightfully patentable, having been obtained Improperly, it is alleged. Sensational disclosures involving high naval officials in crooked practices are directly suggested by the senator.

The FrnnelM Nomination Confirmed. WASHINGTON. Jan. 12. The nomination of Hon. David It. Francis to be secretary of the Interior was favorably acted on by the committee on finance to-day, and afterwards reported to the Senate in executive session. The nomination has been held up In committee ever sdice the beginning of the session in December at the request of Senator Vest. The Senator was present at the committee meeting, having just returned from Missouri. He made no objection to the committee's reporting the nomination to the Senate, but indicated that he might oppose confirmation whenever the nomination should come up In the Senate. . Our PoMtofllee Hill Doomed. Special to the Indianapo'.is Journal. WASHINGTON, Jan. 12.-Speaker Reed has set his foot down on public-building bills, and declares that they positively will not be given a hearing this session. He Is . obdurate, and members with building schemes have small hope cf his relenting, in time, at least, to do them the slightest good. Mr. Reed dominates the rules committee, and. with these agencies for the control of legislation against the building proposition as a whole and in detail. Indianapolis cannot expect progress on its pet bill this session. THE GIRLS' RACE. Some Good Illcjcle Sport nt Toiulinfton Hall Next NVcek The six days' racing tournament to be held next week at Tomlinson Hall promises some exciting sport. The races were a great success In Cleveland last week; but only two of the riders that participated there will appear in the Indianapolis contestMiss Farnsworth and Miss Anderson. These two are to meet an opponent here that will compel them to do the hardest kind of riding to maintain their reputations. The spectators can expect at least forty miles to be run each night during the two hours of racing. This will be a great record for the size of the track. On Monday afternoon Craig, David and Tarrish. the crack riders of the Outing team, will do some practice spins on the track with the girls, who will do a little training previous to the opening of the race, which will begin at S o'clock on Monday night. ,The hall will be open on Monday afternoon, that any desiring to do so may see the young' women in practice, and also view the track. CITY NEWS NOTES. In tho future visitors will be admitted to the workhouse only between 9 . and 11 o'clock on Wednesday and Saturday mornings. Grand Juror A. G.. Allen reported to Judge McCray yesterday that he was too 111 to attend. Oliver P. Roysttr was appointed to fill the vacancy. Charles Young, colored, fell from a train on the Helt road, where it crosses Pleasant Run. near Heecher street, yesterday morning. He was taken to the City Hospital, but Is thought to be not seriously Injured. At a meeting of the Meridian W. C. T. U. this afternoon at home of Mrs. L. F. McWhirter, 720 College avenue, Mrs. Zerelda G. Wallace-, the first State president of the organization, and other crusaders will speak. The annual meeting of the American Association of Physicians and Surgeons is being held at the American Medical College, on Indiana avenue. The meeting will lat all of this week. A number of papers were read last night. Story of Damon and Pythian. The drama of Damon and Pythias will be presented at English's Opera House on the night of Jan. 20 under the auspices of Star Lodge. No. 7, Knights of Pythias. Supreme Chancellor Colgrove, Past Supreme Chancellor W. H. Richie and Supreme K'-cper of Records and Seal K. L. C. White will be present, with many of the Grand Lodge officers. Seats have been reserved for Governor Mount, ex-Governor Matthews, Mayor Taggart and their wives. For some time past an adaptation of the plav has been given at intervals by the leading lo Iges of the city. Some of the members are of the opinion that this Is a dreet violation of Pythian law. Supreme Chancellor Colgrove will attend this performance lor the purpose of deciding whether it Is a violation or not. On his decision rests the future of the play so far as the Knights of Pythias are concerned. Two Indiana Men Drowned. J. L. Howen, of Jacksonville, in a letter to the Journal, dated Port Orange, Volusa county, Florida, Jan. 10. says: "George P. Stockton, Frank Merrill and Joseph R. Seigel were drowned off the eastern coast while fishing in a small boat. They were caught In a squall and capsized. The bodies have not yet been found. Merrill and Stockton formerly lived In Indiana and Seigel was a resident of Ohio. They were spending the winter here." Incorporated Yenierdny. Articles were filed yesterday with the secretary of state incorporating the Fort Wayne Turnverein. the Crawford Company, of Evansville. capital stock, $0W; the Atlantic Oil and Gas Company. La Fontaine, capital stock. $40,000: the Indiana Construction Company, of Terre Haute, capital stock. $10,00. and the Ui.shop & lackey Company. Auburn, capital stock, $20,100. Held for Counterfeiting. George Pittman. of English, was brought to this city yesterday by Deputy United States Marshal Frcy and lodged in jail on a charge of counterfeiting. He was given a hearing brfore Commissioner Harrison, of New Albany, and committed to jail in default of $riK) bail. When arrested he had about Sin counterfeits of the dollar, epuarter dollar and nickle variety. Council Committee. The Council committee on sewers, streets and alleys will meet to-morrow night to consider th ordinance providing for renumbering the houses of the city, and the finance committee will meet at the same time to consider the ordinance reappropriating money for tne completion of the engine house in North Indianapolis. Will Go to Culifornin. Ex-Governor Matthews, his wife and daughter ami bis niece. Miss Callle McMechen, have decided to go to Los Angeles in February to spend several vveks. When they return they will go to the Governor's farm. In Vermiillon county, where Mr. Matthews will once more become a farmer. An Awed Couple .Married. William Van Pelt, eighty years of age. and Mrs. Untie Rrock, aged fifty-two years, secured a license to marry yesterday morning. Magistrate Nlckerr-on soon tied the knot that mule them one. This is the groom's fourth venture and the bride has tried married life twice before. Liquor Lengrne Meeting Postponed. The meeting of the State Liquor Le-ague, which was to have been held yesterday afternoon at Lorraine Hall, has been postponed until next Frldayafternoon because of the absence from the city of the president. Phillip Zapf. Payment of sprlnkllni; Tax, The last day for paying sprinkling taxes Is rapidly approaching and not more than ore-half of those assessed have paid. The last day for this payment Is Feb. 1, after which time the costs of a suit will be added to tho assessment.

New Goods Clearance Sale.

Black Dress Goods Clearance Sale HENRIETTAS. SILK WARP. Priestley's make, the $1.2T kind, reduced to 51.10, the $1.50 kind reduced to $1.25. the Jl.l-l kind reduced to $1.60; Serges, f." Inches, extra quality, our 50c kind, reduced to 2V:. French Flannels Printed French Flannels, choice An styles, reduced to Linen Bargains Napkins, size, per dozen 49c Napkins, i size, per dozen.... 88c Napkins, size, our $1.2 kind 98c Napkins, ?i size, our $2.2a kind $1.88 Napkins. size, very choice qual- C3 ity and design, our $4 kind VO.OO Napkins. si size, something excep- C 1 OQ tlonal, our $ kind 1.AJ Table Cloths, with borders all around, 8-10 stze our $1.90 kind. $1..'.S: S-12 size, our $2.25 kind, $1.SS; S-10 size, our $2.:0 kind. $2.15; 8-12 size, our $3 kind, $2.18; 8-14 Fire, our $X50 kind. $3.10. Towels, pure Linen Huck. 21-44. 20c 4r value, for 1"fVFurs and Cloak Clearance Sale Jackets made of Salts' Seal Plush, resembling real sealskin, garments we sold all season at $15, reduced to $s 75. The Wm. li. Block Co. 7 and 9 E. Washington St. "GREEN GOODS" VICTIM. A Game "Worked Here Without Kvcn Mi owl ii I? the Queer." An abridged green-goods game was successfully worked in this city, last night. It is an improvement on the old system, if the victim is gullible enough to "stand the work." It has no frills about It, and for easy money making Is about the best thing that has come to light recently. Hampton West, of Fisher's switch, is the victim in this case, and he tells how he was beat at the green-goods game that had no green goods In it, so far as he saw. He merely took the words of the sharper that the goods would be forthcoming, and allowed th j man to walk off with his own hardearned money. Hampton West is a man about sixty years of age. He is a farmer residing near Fisher's switch, and frequently had occasion to go to Noblesville. There, according to his story, he made the acquaintance of the man who bunkoed him. The bunkp man's name is Thomas Roby, according to Mr. West. West made his acquaintance about a month ago, and as they got better acquainted Roby, by degrees, took Mr. West into a 'secret." He told Mr. West the old, old story about the stolen plates, from which perfect money could be made and from which certain people in Indianapolis were making tendollar treasury notes which would pass the inspection of the United States treasurer, for they were not counterfeits, but perfect notes. Finally Mr. West had been taken fully into the secret, and, after much preliminary arrangement, it was agreed tnat the two men snould meet at Ailisonville yesterday and come to this city to purchase some of the money. Roby did not have any money, and was to act as the go-between for Mr. West and the holders ot the green goods. The two men arrived in the city on a Rig Four train late yesterday evening, and alighted at the Massacnusettsavenue station. From there they went to a restaurant at the corner of Massachusetts avenue and Oak street, where West was told to wait. "How much money have youT Roby asked him. "Well, 1 was able to raise $.71. and I have It with me to Invest." West told him. According to the story of West, he was to receive fifty cf the "good" ten-dollar bills for his $50. "You see that light over there?" Roby said to him. pointing across the street a little way down the avenue. "There is where I am to meet the parties who have the money. You wait here, and I will be right back." West waited two hours, and then made up his mind that he had been beaten. He went to the livery stable of Slater ti Van Natta, 17j East Michigan street, ami telephoned to the iolice station. Patrolman Curran was s nt to investigate, but It was too late for him to accomplish anything. Mr. West believed that Ruby would go to . Ilrightwood and take a train for home, and ; he drove out there to intercept him. AMUSEMENTS. The Sothcrn engagement clones with jorfi.rmanees this Hfternon and evening at th liran.l. It would be a UinVult mntter to even Imagine u production more beautifully staged than "An Enemy to the KIiir." It is, throughout, a ui erb performance a sixteenth century Fremh melodrama of rare interest. Mary Hamilton, in the. ve!l-poiscd ro'e of Julie, has attracted about as much attention as the did with Rosamond in "Sowir.? the Wind." She, peihapH. "'played Rosamond too :ng. The mannerisms of voice employed to give a gloomy realism to the society outcast Rosamond have left an indelible ttanip that is too much anarent in her work as Julie. It should be a woman's purpose to identify lurftlf with every character taken. It is required of nun, nd when it comep down to the liedrok of dramatic art nothing can exi-Ufe a woman from l-irsK as faithful to her imri M-riatlon. Mips lh.mpton' habit or conveninjr an author' punctuation marks Into a ucee.ffion of intrtrvsratlon points fctx one's teth on etiRe, and mats her dramatic ttadirs of the lines, it i pure nffertation, ill-advheil, ant will ultimately destroy her ability tu iiea.e an audience. 'j he came enthusiasm that chaiat tt rii.ej the c-i-MiinK night's ptTformance wan i.otloeahle l:tt ovenlr.R. R. N. Stephens, the author of the play, until lately was an unknown rune union-; dramatists. Among the rsj ertmentcif at playvs ritinjc he flamed t.n one or tvo occasions, but in his lest day he was never Kusoected of ability to romioeother than ievr melodrama. Ills play, -'An Knemy to in? Kin;." ha?t taken him out of the group of rcenebulldeiH and Riven to him tiie teputation of an able playwtlter. In "An Rnemy to the Kin" he has one cf th best actlr.p plays of the time, ur well : uncommonly interetinR. It may be urir,"'d thai i;. II. otbern, or Knnc other experienced htapre mnnaRfr. had a hand In the final preparation lor the t;;e. but a. it I now it, m-vrrlhe't s, reflect unm.trred credit on Mr. Stephen. "An Knemy to the King" was a blight idea. It is based on incia-nt of actual life, and it characters faithful coplet of the people of that pericd. Fanny Rice was iast Keen here with the hi; itlvals" cast. In May, p.'6. She was capital a Lucy, in which character she received any amount of praire from critics everywhere. Rer arjearanee at the (Irani to-morrow night ani the rest of the week in two new plays will be of int-.reft to tlieater-Kocrc. To-merrrw and Friday nights fhe orc-f-nts "At toe French Hall." and on Saturday n;atinee and night A liower Girl of Paris." Hiss Rioe'F company this F':m n Is made up of clever people. Jt-orK Itroerick. Kate Mlch-lena. Alex. 4'alHard. beta Ibilght and other well-known artihts being In the. a.t. Six-edy's hlsh dive at the Park Theater this week is well nigh the acme of stage sensa'ionalUro. It closes the third act of "The Sidewalks of New York." The play runs a !' wek. with the new rinematf irraphe view. Next Monday the Ronton Rov.ard Atheneuni Star Sjieoialty Company come for three days. The advance sal for Sol Smith Rui-sell cpens to-morrow rr.orr.lr; at the l'emt r. ke- dr. Ituys U will be at the ("rani ihe I'.rst half of next week in Martha Morten's ltott comedy. "A f-.u-helor's Human, e." Mr. Itu?.- ll t.- playing only one piece this fea-e.n. Trr llnute ced n Theater. Special to the Indianapolis Journal. Ti:i:ni; HAPTU. Ind.. Jan. 12.-The T-ire Haute lie te 1 Company, which owns a I t a.lj-Li-Ing the hotel. U p.t-KotUttngr with the Ward of trurtces of Ho-e Orphan Hone to lrrow money from the endowment fund of that intitutloi for the pur cf bull-line a theater. Terre lUute Is deprived of theatrical attractions this season lciUf e.f the destruction of the Naylor C'rer. House by fire, and the men who cimriw the Terr Haute Hotel 'onpany leing among the mc.Ft publl-Fpirlted citlsns. feel that they uj,ht to fill the want." -a they did wbi-n they rebuilt the hotel to give the i Ity wfut It tood la nrtd of at the time. (inrry IIoukIi De-titl. DKTROIT, Jan. IS.Ciarry A. Hough, one of the eldest and hert-known artora in the I'nited SlaW. died at hU hon.e here to-day, ued elifhtyluje. lAceased ho.! been atoclatei wlih nely

Five-Dollar Sale of Jackets and Capes We have selected out of our stock about thirty Jackets and Cap?, in plain and rough materials, black and colors. looe and tiijht tittlmr. size S2 to 4-. we have sold at from $10 to jr., all this season styles. Choice, $5.00 Each. Misses' and Children's Jackets We are told that our stock at present is the lest in the city; our prices certainly are low enough. We have marked every garment down away below cost. Infants' Department (Second Floor.) Our Infants Department i alout as complete as erne will And west of New York city; we carry a large asscrtment and the best of everything. Long and short Flannel Skirm. Itols, Sacques. Gowns, Shawls. Jlathlng Rlankets. Carriage Robes. Caps, ltootees and everything in Infants Outfits. At Twenty-Five and Thirty-Three Per Cent. Off. See Unr Window I) Ik play for Price. Floor Coverings (Third Floor.) LINOLEUMS, the S5c grade, for SSc; ther C5c grade for 41c: the 45c grade for 31c; tlw 27 ic grade for 24c per square yard. KENSINGTON ART SQUARES, all-wool Ingrains, size 2x2V2 yards, for tX'X,: size 3x3 yards, for $4.S5: size C2x3 yards, for $i.65; size 4x3 yards, $t.45. Mall orders promptly attended to.

The Wm. H. Block Co. 7 and 9 E. Washington St. BOOK WHEN IN DOUBT BUY BOOKS Have yoa seen MARTHA-JANE? BowenMerrill NATIONAL TubeWorks Wrooght-lron Pipe fcr Gu, Steam and WaterT Boiler Tube. Cart and Mall. Able Iron Hmntri( black a( pxlvaulied). aJ?e. At 09 Corks. Kngtn Trim m In steam Oaueea, Pin Tongs, I'll Cutters. VIjim. 8crw I 'la teg and Die, Wrtnchea, Steam Trang. lutnp, Klteb en MnkK. lloe. Pelting. Latblt Metal. Solder. Wh:te ft 1 Colored Wiping Wftf.t, in all otber Supplies used la connection with (las. steam and Water. Natural Gas Supplies a .necitf . Steam beating A pparatai for Iullie Buildings, More-room, M ills, bop. Factories. Laundries. Lumber Dry-House, etc. Cut and Thread to order anv size WroagLt-lroo l'lne. from H lncji to If inches diameter. KK1G11T & JILLSON, 75 and "1 v The Gems of tte Tropics . Tho. i Kif f utliifwrMl A. ft?-l tttainersof the Want Cu La, a nd Ta in olco. Meiloo.eT ary X Weinelay tni Saturday, froX Ifreho. Vera Cru and Mexican forti every saturdav. Na cm. -V I.. Santiago and Ctenfut-gud. ee.ry otber i bum-lay. Thia toars and th r combination ner itmlvaied attractions. Steamer have ele nrlc light and belli, a I lmprorttneti'.. v rtti an uneireli-d cuisine. Nij.u baa lb beat hotel Id the West lndie. and ab couiiiiuuicaMon wl;h tb i l'iwtd Mate. fx - jmriloti tickets, t w and ldirarda. r Hentitiful dattcrintlve oook i H K K. James E. Ward & Co. 113 Will St. New York. i:al.s, itllicixs. stamp. SEALSTg. STEriCILSTAMPS; PABC-S. CHECKS &C i)i;IELI3ES. 15 GJHLRI-IAN ST. Grwuio .mart: all the Padmfc e-l l-t'n.e H(-tny. fcnd wa furmrrty nianaKt." of the letroit Opera Hu-e. ofr of llc Stnur. Katie Ilmmett. in "Str-em ,f , Yrk," was 111 In I r.er Monday r.ifcht. and the large- audience had to be el if miffd. Jan. 2't has been decided a the oienlnc night i f Margaret Mather's production of "C mb-liiie." The F( enery and cetumei aie hnltd.'-d, and ther will !o x fuIl-di'TS rehearsals lef.re the public will hae a chance t Mew the play Charles II. H'picr. of "Oilmmie Paddrn fame, is a ron ef the vice prl lent of the Standard Oil Company, and with father" tiilllioru at hi batk need not ! i t-troke- of vnjk. In twj etarrln? tour, previous to the production of "Chlnr.mie Fud lea," Hopper l"H kl') "1. , Chalk' Krohinan ha enaaRe-1 Mix Virginia Hame.l t apear in the new Sar. u play, "Splritl.-me." which I to be produ-e at t Jut Knickerbocker Theater e.n Feb. IT. Mi? Mnmel will create the Fame rele in NV Y.ik in thi.i play that Itrrihardt wsM create In I 'a tlx. Mm Harned and Mr. Z. H. s.thtn. now piavlr.g at the Crand, were reevntly married jn rhtladeiphU, A rei;rt H Roinp around that Klbn iWch Yaw. the famou fo,m.ni. died recently at I'infhamton. N. V. It la raid that in reaching a note for whbh her ede I Ju-tly farnou ihe burt K' r Jugular tln and I !ei i death vn the Mafre lefore the hrrined ni-cttor. The report read like a fake disiati'i fr.m Mourner, led., an! I not yet verified. Mi? Yaw ban len FlricliiK In concert cm the I'a in coast, and it wi nt known that the had rettmed Fan. Mi.-s Juliette Atkinson, the wel!-kr..wn tennis player and former champion of the t'nited States in women' flnglc, ha determined p teek a. ataxe caiier, and 1 now ap!erinjc In the t hurua in "Shaniu o'I'.rien." the new FnKll!) comic .pera. by Vll'.ifr Stanford, which hi put n la?t Monday niglU at the Hn-adway Theater, N. Y. Mhf Atktn-n'B .l-rut a an a-t.- Im caused great afctordtfhment In J'roklyn a:n nx bir many InendK. n.'.M o: ulicm are a ;tt ncnotant td l.c-r plans. See a ('aLaMr of t'r. Jerome Ci. Atkln-on. and l t r.ty-lx arw oil. Ml Atkinfn 1 un.'.er five feet in height, and welchs hardy 1"0 ound. Her features re email but !4Ui.ir. anJ her r.tcure graceful and attractle. he hu a lair tr.jil-xi"n. i",mlic,it bron 1 by lu-r pn-lr arm.' ment. and blue eve and lU'ht bn n i.-elr. l.lc! -h always wore braUJ down h.r luk !n her tennis r.-i it ,. Scxeral iound of dl4iii nd. prarl. emerald and ether precis Rtm arrived In New York Sunday on the Chain;acn. With them cam their owner. I-i l'.elle terv. an I her maid ati l her dancinjf matter. It has teen five year nito thi maai)li -'.lit collect I -n of Jvueiry ther i wasn't neatly e much of It then a now, al though It uas tt.v lurjp even at that time and it beautiful owner w re hr tW.-re. pur. trig h-r Ut'r. al..en-e iliv ptrtty Spn!i!h t.irn.rr I fail to haw k.t r.oiie of hr Iv-auty roil grace, and the ha brought with h r an entirely nw l-prl.ry if Jttr.ta and . r i? . he haa bwn ttudlre; vocal n.un'.o for the !al f rw year, and hr m hm now form a much rr.oi imj rtatd iia.it of hrr erformam than th;v did fnnerl. Mero on Jan. IS will l:lu br ecu "-nent at Kter .V Fial . ATttr Udrty perci r:;an. . there ri will UuuLtU;,3 make a vhort tour yf the ix-ualty.

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