Jasper County Democrat, Volume 1, Number 49, Rensselaer, Jasper County, 18 March 1899 — Page 7

POLITICS OF THE DAY

TRADE BALANCE FOR 1898. Among the many Items of unusual interest contained in the annual report of the Secretary of the Treasury for the year ending June 30, IS9B, none will interest thoughtful persons more than the extraordinary showing of our trade with foreign nations. Our exports during the past year reached the phenomenal sum of $1,236,587,569, or more than one hundred million dollars per month. During the same period our imports fell off greatly, amounting to only $646,977,435, the lowest figures for eighteen years, except the years 1881, 1885 and 1886, says the Silver Knight-Watchman. The figures given include silver bullion, which must be classed as merchandise, since the mints are closed against the coinage of that metal. After offsetting imports with exports, there is a balance due the United States of $639,610,134. This represents the amount of gold the United States should have received from other countries during the year, and our gold moiley ought to have been increased by that amount. The Secretary’s report, however; shows that the excess of imports over exports of gold during the year amounted to only $104,985,285, or $534,624,849 less than the amount called for by the trade balance in our favor. How docs it happen that of the $639,610,134 due us from other countries to balance the accounts of last year we actually received in gold less than onefifth of the amount, or $104,985,285?

President McKinley—Whatever shall Ido with hint? Nothing seems to move him. —Chicago Democrat.

The answer is, the United States is a debtor nation, having an enormous interest account to meet in Europe each year. As near as it can be ascertained, the indebtedness of the people of the United States to the people of Europe amounts to six billion dollars, consisting of national. State, city and county bonds, the bonds of railroad and other corporations, and mortgages on city property and farms. The interest on this indebtedness, together with rents on American property owned by foreigners, must be paid by Americans to foreign ship-owners for freight and the money expended by American travelers abroad, fully accounts for the difference between the amount we received and the amount that was due to balance the accounts of last year, as herein set forth. Thus it will be seen how completely the industrial forces of the United States are within the grasp and at the mercy of the bondocrats or gold trust of Europe. The largest trade balance that has ever accrued to the credit of the United States prior to 1898 was In 1897, when it amounted to $286,263,144, or $353,346,990 less than that of last year. Therefore it will be seen that if we were able to draw from Europe last year only $104,985,285, we must have largely added to our foreign debt in 1897, notwithstanding the large trade balance in our favor, and that our foreign indebtedness must have been greatly augmented yearly for many years prior thereto. We have abundant evidence that this is the case, because for many years it has been common knowledge that foreign capital was being used in the construction of railroads, and that foreign capitalists were making large investments in our flouring mills, breweries, mines and other enterprises. The treasury tables during these years failed to show that gold, to represent these Investments, had been In our favor every year except three for the past tw’enty-three years. The Investments made by foreigners in this country have simply beep reinvestments of the interest and dividends accruing to them on their American holdings. The foundation of our vast foreign debt was laid in the years immediately following the civil war, through the manipulation of American securities by British financiers. This country was at that time under a suspension Of specie payments, and English financiers not only manipulated our markets through the gold board, but through their agents and partners manipulated ouY politics, ana secured legislation 1b force the resumption of specie pay-

ments through a policy off violent erne rency contraction, « etfiteßatol in their succeeding to foretog ntjaunptien in gold alone. The history eff <etwy step taken in the manipulation «T earn* public debt and currency from t*r close of the war down to and totteding the demonetization of sSvw to 1873. is a history of crime .against American producers and tabnrera to the interest of foreign and doanestje bondholders and money dealers. When resumption took place it was on borrowed gold, and our foreign *>M5gations outstanding at the time nefinesented many times over the amount gold in the country. The folly «ff (toning the mints to the coinage es «Shnw, which was at par with gold the wtndd over at the ratio of 13% to 1, is not ftey known to our jieople. The growth off foreign and domestic todebtettoess during the past quarter of a ccntany, the development of millionaires and pampers and the multiplicaticm of the homeless are among its fruits, and its deadly work, which is yet but fairly begun, if persevered in. wfll to tbeete reduce our people to a dependent tenantry. s

Wkit Cos-tcm I»dL What the Fifty-fifth Congress was elected to do and what it really aid are two quite different things. Taking the Republican platform as a guide as to what Congress should iraxxdone and its own actions as to what it actually did, the account is easily summed up. The platform advocated a proteetksn..

HIS WHITE ELEPHANT.

Congress gave that with a vengeance, but failed to secure revenue. Reciprocity was promised to the pitaffferxß. but neglected by Congress. Duties for the restoration off like American marine were recommended, but no swh duties were levied. Pensions were promised, ate it earn be truthfully said that there was no economy practiced in that matter. As for foreign affairs, the yftatffomi “The Nicaraguan canal sfticnjM he built, owned and operated by the United States, and by the purchase the Danish islands we would secacne a groper and much-needed naval teattosi Ul the West Indies.” Nothing was terne in regard to either off these important matters. Sympathy for Cuba was expressed to the platform, and the I*emocrats to Congress forced the redemption off this liromlse. Civil service was approved ate its extension advised. Nothing was terne to extend civil service and everythltog to contract its influence. But Congress has broken the reoond of extravagance. It has passed a late army bill, it has made the eensns bateau into a scramble for spoils, ate han allowed politicians to bring death ate suffering into the army. Representing the Republican party, the Fifty-fifth Congress has made a record which will destroy the temtototration it represents.

For Workinararen to Cum in. If this administration takes over the Philippines permanently the savages whom we are now shooting ate tayanetlng will next appear as oeapettfeon with American labor to the totetstiial field. The cotton goods wvfcicfc we are now sending to the far east may same day be manufactured in Manila, ate the raw product carried acnsas the Pacific in ships to which the pfflf afftbis country will be compelled to pay asufcsidy. The products of the rbfflltfflßi n tobacco and sugar—may be brought iato competition with the products off the United States, and when that tiaue comes American labor will site ttoeif confronted with the problem of reduced wages.—Baltimore flea. Insolence of Inmerisll— Imperialism is showing up in its tree colors when an arrant pair of teauagogues like Grosvenor of Ohto <MrKtoley’s political chief of staff* ate Ctannon of IQinois bawl «t "treaete" ee the floor of the House as ttafr boot Answer to Democrats, anfl Populists who denounce potMteate’ ter sis ‘teil♦rtrttfngrtiee te the KMmMKvJhttebtoc fete. ,

PEARY AS A HUNTER.

The Caagame ass Tw» Litt> Beam in theAntk. Ltot Pkonry aanrrates to the St. XBrtotos tike cagMtrere off tw» Ettte polar beams, and tto> dfitttrteiy he bad to h—Ttog iter «a Ms £tde stop, the •‘Uape-’ - Wfeto haatoff ttowqgh the heavy ice, to aacKart to eater the Hatoaa Strait, a pnilar bear and her twa rate were wea. ate the Hepe was immediately b rated to itoar AbrevtisOL It was a hendSM trie off anasaaßy white anfaxals. A ffew aaiaamiTT. after the rifles heg» to mark the ail bear was floating fiffitktsa to the water between two pans ass ntte. ate the rate swimming testify away faton the stopv among the perils ate kures <off water which totersocate the tees to evevy direction. Qaßtcftfly the dteey was toweste and with fire mew s&aittte to parstot, while wtben <rif the party ate crew scattered arer the nee to hete the rate if they left the water. Stem «ae off them was tonnnnud ate borate aver to the care off teaatsnete. tern hte ffotewed the teoy «rer the w. ate tbe chase eonttonte after the Mher. Hr. Bonesteel imaatetoMjr finite aH of his college aoMetfies tcaSkofl tot* active play, as, with the tone abeam the cab's neck to «ne Umte ate a botsn-hoofc to the other, he ewteavwrte to matotato his balance. H<e was alhmost tteaggte toto the water il-y the stvmdy Etnße feffiow's efforts to swam away- The next moment he was tetog has best to keep the vicious youngster ffinwm dSlmbfiisg up* em the iee;m.u with hmnn. where he would have aa «Bparramiitty to make effective use •off teeth ate chaws. After am buxir’s chase, during which .toe Axry was reraforete by a whaleboat and them by the Hope herself, the ■wrate raft* was finally headed off, cornered. ate ftassoete. Thea the body off tibe <rild Seaur ate the growling and •Kjtajipdng ywnxgstems were hoisted on Hetate. the ffirnimer depesited amidships to rorenre the afftetnriwes off Mr. Ftggi ns. the matwolfet. ate the totter tied to a riarg-Hmfln oft. nmtEE a eo-uple of hogstooadk cwote be pcvpucte for their quarter*. . *’

The Emffl* towtres were possessed of truly maintestreirgfill. Witte- tern - feiTtog atoraa to tthatto* to>gsheads. one suoceedte ito fireeinjg himseJf from the ropes, Mwrtte affh. ate w« «ms the point •off HiEmptog >4>veirtt*xsinl w&ea I saw him am time to jerk, hiia bturfc ea to the teei. whew Ptoffoesw Barron fell upon him bsffijy nm a Gffww-Jh><naia esabraee: sni Tr-emff.MndMsemas rapidly arriving, the yMnggstitr was agaom set-or; ly ' ate aranjHTetrrte to hrs- hogshead. It was iqpEiirkUjr evfiteet that these w-f <nM torito rhe euhts bum a short time. s» a sarwac <cage vas eeistrorted by ' the -ship's earpetoteir from, heavy planks. To ttUds ttHwy were- rramstferretL. and j r&Mr kMwe arms Itoslhed to the rail on the panra sute* off the- nuarter-teck. Tlhey were fed « meat ate water, ate seem wewtt to steep* Eke innocent kStSewR. wish thrir hetete wewfrag upon * their paws. ißnrtmg their first nap on boanff they were- named "Fottrfs” ate after the tw® bt-izi ng ownsnrflUtfftons wbilrh. eirvftjng about the pcteeKtaa-. Bight the ghwoa off the “great , mighir' off the Arnette- regtetis. In this cage they Evte ate throve- daring the rest off the vuyage-- <»--eas«MEilly taking a mtonhltofl net off the boot off an fci■cantjcsns sartar. er snapping up- a careless ate «■ one eeeasfcm securing a flnt of fcuger with the mitten.

A GREAT WORK.

TnaußeaNeawChaa Twelve Maes* Lone Tfce —ah F■ his *—■« »ii m, Aflfiteteb tt K<teF five asMßths since wwrik was begun cu the new Simpton tumte. writer* wfll be the lungMt to the wwM hll2»s stem, aim ter iams, houses ate roads have sprang npi in what be£eae was a wflUnwaa ate there « a dtefluaßus gnteg u* ate down of barsea nurto. wnufaßen ate ■iW-hiiiery. The dterf fiffinwe between the ate its two groat rivals, the St. Gsthate ate the- Meat Cenis, wtH bethe fluntei team I. Ear* ns designed to be 17 feet writer. 3£ feet tegh ami 55 feet brtwvra the twwu cwMswnieattng by speteugs evwy <ls feet, ate having , a kalf wrsy nafiagroate station. Rut 'at pnseat aa<y sue taaael wfll be ent, w*a<* it Is exported wifi be finished in ; five yenro. whffle the ®ther wflD only be roastnrtte at three psteirr- for ' the veatfiutiaa of the first, etr_ reserv- ’ tag the riuplr* ppnfing uata such a tflnae as fihe fluomste traflfe shall reqpfifebL The wwkjius esuployte in this »c MiFfNiw In ii Ute. afi Italians; jutting bngHter the wwrk dene oa the Swriss ate Itafiam sides ba these five ronafha. It uokes a ratttegwff L6b> feet at 233 b feet teave the level «f the sen. Ttetegraphte* ate tiFlWphitet eommunienthm advances with lhe wwt so that In c»e es arte help or medical aid ean lhe fftetMy obtatete. Over hap alntey been expended eat «f the SISd«MUM* whit* H te estimated the whnfc wflU abrer*.—Rnase cwrrespon.deme 3few Yank Ina—al

Raflate by a Baetlfc.

Sweden was inflate byaafiapfe battle. It was the battle of Pufltown. la 1700. la thfla battle Fetor tW Groat of Bosnia teefieated Onflea XU. as Waidia Sweden, aader the Groat Gastxvas, fate risen to the pastttaaaf hfiesfretass European pawer. wrhEe Xashn was jast emergSngeat of abannrity. ChailewXlL, by Ma aarveten vfctonfcj, seemed an the way to wake Sweden «ae as the greatest us the powers. The crashing btew that was dealt at Puitowa ntfned Sweden. At the hottie as Jena. In IMK Napotena rewte.fi the Ffcfileai as Pkwtin. Tbe bntilea of Mn fin era ate Steam

THE WRECKED ALLAN LINE STEAMER CASTILIAN.

The new Allan Dine steamer Castilian, which was wrecked on the eoast of Nova Scotia and was pounded to pieces on the Gannet Boek ledges, was the pride of the famous Allan fleet and a fine ship in all respects. She had a capacity of 300 first and second-class and 500 steerage passengers, besides room for a large cargo. She was built by Workman & Clark of Belfast. The Castilian had everything that the science of navigation has evolved to insure perfection. That she was a speedy boat was practically demonstrated, for on her trial trip she attained a speed of fifteen knots, while oh her passage across the Atlantic, despite the tempestuous weather, she maintained an average speed of fourteen knots, and after leaving Ireland she never went below the 300 mile record. The Castilian had the distinction of being the first boat to make the trin from the other side to Portland in seven days, and Captain Barrett was heartily congratulated by his friends snd the representatives of the company at Montreal.

THE MAN of The HOUR

Pew. Loyd Wheaton.

Gen. Loyd Wheaton, who commanded the American troops in tin- taking of Pasig an I in the engngements preceding the capture of that Philippine city, was an officer in the regular army when appointed to his present position at the outbreak of the Spanish war. He has a splendid reenrd as a soldier. Born in Michigan sixty-one years ago. he entered the army as a volunteer in 1861. He began his military career as a sergeant, in which capacity he served four months and was dis -barged. He re-entered the volunteer forces as a lieutenant in July, 1861, and was mustere d out as a colonel in 1366. In the same year he was appointed a captain in the regular army. Gen. Wheaton was given the brevet rank of major, U. S. A., for gallant and meritorious services

UNCLE SAM—P’ll keep both o’ them things handy, just the same.

in the siege of Vicksburg, and brevet lieutenant colonel for brilliant service in the attack on Fort Blakeley. Ala. He,fought in numerous battles, and with credit in all. Before entering the service he was a civil engineer, and with the learning he needed for the practice of that profession was perfectly qualified for the army.

DIVINES IN A RAGE.

Methodist Minister* of New York Eject a Presbyterian. As a result of several interlopers attending the regular weekly meeting of the Methodist Episcopal ministers in New York Monday, there was a lively and un?xpeeted scene. The gathering was supposed to be secret, but the presence of sireeral strangers was detected, and among them was a Presbyterian opponent of Rev. Stephen P. Cadman. Bev. Dr. T. L. Poulson presided. He explained that the meeting was a private one and several left the room. Ona of the members cried: “There is another who ought to leave.” “Point him out.” “He is Bev. Mr. Gallaway, pastor of the Third Presbyterian Church in Paterson. In his pulpit yesterday he attacked Brother Cadbuui's address before his association,” shouted another member. Mr. Gallaway rose to his feet and started to speak, but he was not allowed to talk. The members would not listen, and Dr. Gallaway left the room amid a storm

PANIC IN A THEATER.

Wiata awd Children Are Crushed to Death in France, A frightful panic occurred in the Gymnew Theater at Liege, France, the other night during a performance of the emotional drama. “La Town.*' A woman became hysterical and cried “fire.” A, rash for the doors followed, and in the jam on the balcony stairways many persona were forced over the railings and seriously hurt in the fall. Several women and thiWrra were crashed to death. The alarm was baseless. < f W.- :

ASSESSED BY DAWES.

One Hundred Per Cent, on National Bank of Illinois Shares. As a finale to the greatest bank failure in the history of the United States, Comptroller Dawes has levied an assessment of 1(K) per cent on the stock of the defunct National Bank of Illinois of Chicago, which was capitalized at $1,000,600, Receiver McNulta has also been directed to make a further investigation of the affairs of the bank with a view of commencing an action for damages against the directors and officers of the bank, which was wrecked by their bad management. The Comptroller said that he had foreseen for some time the necessity of this assessment, and that while he regretted that it would fall heavily upon a great number of innocent shareholders, he had no choice in the course which by law he is compelled to take. Mr. Dawes declines! to make public the names of the shareholders who by this order will be required to pay into the bank a sum equal to the original value of the stock. Comptroller Dawes estimates the deficiency in the assets at $1,200,000, and the assessment on the stock, if fully paid, will bring in $1,060,000. On account of the present financial condition of some of the stockholders, however, it is said that 35 [K'r cent of the assessment cannot be collected. so that it will not net more than $650,000.

CAN RETAIN VOLUNTEERS.

Men Enlisted May He Kept Till Peace Is Proclaimed. According to the latest official interpretation of the new army law all volunteers now in the service enlisted under the law of April last may be retained in the service until peace with Spain is formally proclaimed, whether or not the 35,000 additional volunteers authorized by the new law are enlisted. One effect of this decision will be to permit the retention in the service until Xhe ratifications of the treaty of peace are exchanged of 411 vol-

unteer staff officers now in the service in addition to those who may be commissioned under the law of March 2. Secretary Alger has also been advised that in addition to the 35,000 new volunteers which the new law authorizes he may retain in the service for six months after peace is formally declared all the volunteers now in Manila who are willing to re-enlist for that period. The authorities are disposed to take advantage of everything which will tend to rob the act of its serious evils.

WHEAT IN FARMERS' HANDS.

The Unsold Cereal Amonnts to 192,000,000 Bushels. The Department of Agriculture Friday issued the following crop report: The consolidated returns of the various crop-reporting agencies of the Department of Agriculture show the amount of wheat remaining.hi farmers' hands on March Ito have been the equivalent of 29.2 per cent, of last year's crop, or about 198,000,000 bushels. The corn In farmers' hands, as estimated, aggregates 800,300,000 bushels, or 41.6 per cent, of last year's crop, against 782,800,000 bushels, or 41.1 per eent. on hand on March 1, 1898, and 1,164,000,000 bushels, or 51 per cent, on March 1, 1897. The proportion of the total crop shipped out of the country where grown Is estimated at 20.6 per cent., or about 396,000,000 bushels Of oats there are reported to be about 283,000,000 bushels, or 38.7 per cent., still la formers' hands, as compared with 273,000,000 bushels, or 38.9 per cent., on March 1, 1897.

News of Minor Note.

Copious rainfall in California will add millions of dollars to the fruit crop. Six additional regiments of regulars are ' to be sent to Manila to re-enforce Gem ' Otis. . '• .. ' L - Proofs of smuggling on a large scale during the blockade hare been discovered by the American officials at Havana. In remodeling the House of Represents' tives at Washington it is proposed to place a forum in front of the Speaker’s 1 desk, from which members will speak in j addressing the Hum 1

RECORD OF THE WEEK

INDIANA INCIDENTS TERSELIO TOLD. I J Schoolboy Stabbed to Death— NatitMtoH Guard to Be Reorganized on Lines—Troops Are to Return —Miclk<s igan City Prison Plant to Cloaca 3 ■ Ip Dee Patterson, a 14-year-old boy, W4M killed by Fred Dimp, a schoolmat<£-'9H years old, at Petersburg. Both boys vverS| the sons of prominent families, and murder has thrown the town into the wild 3 est excitement. The boys had a difficulty in school and renewed the gtnijM rel after they were dismissed in the even|S ing. Patterson met Limp on the street, few words passed, when Limp dnete/te knife from his pocket and slashed PatteM son across the throat, severing the lar vein. Patterson ran almost a squaria after being cut, pursued by his assailant|| When he fell to the ground Limp turned i and attempted to make his escape, but| was captured. The Patterson boy livedH but a short time after being cut and nevcqß regained consciousness. Plans for Indiana Militia. j The first move toward the reorganise tion of the Indiana National Guard haa? been made by the selection of EvausviUte Terre Haute, Frankfort, Vincennes, New| Albany, Madison, South Bend, Lafayette,] Fort Wayne and Indianapolis as the cities ' to Contribute the companies for their re* spective districts. The new organization! will be formed by equal congressional district apportionment. The cities to supply the companies for the sixth and eighth! districts have not been selected yet, bat j they will probably be New Castle and Anderson. Indiana Troops Coining Home. In pursuance of the administrative pol-J ; icy of bringing home all the ' troops for muster out in anticipation of • the exchange of ratifications of the treaty ! ■ of peace with Spain, orders have beep ; issued for the muster out at Savannah,! Ga., of the 160th regiment of Indiana'. I volunteer infantry, now at Matanzas. The! regiment will be brought home as soon as \ a troopship is available and kept at Sa-< vannah until warmer weather. Will Clow Its Prison Plant. The George E. T. Dodge Company, the ; Michigan" City branch of the Phelps, ' ' Dodge & Palmer Company of Chicago, j ■ who have manufactured boots and shoes , in the State's prison at Michigan City for; . the last eighteen years, are finishing up what stock they have on hand, tory to moving their outfit to Chicago. Within Our Borders Glanders among horses near Dogs are butchering many sheep aroundl 1 Marion. Pendleton will have water works am i electric lights. Brooklyn mills have passed into a receiver’s hands. Evansville proposes a municipal i lighting plant. Will See, Logansport, broke his leg ; while playing ten pins. I Esther Stillebower, 14, Bartholomew County, fatally burned. Madison County has gained $600,000 in wealth during the past year. Henry Osler, Kokomo, slugged the other night and touched for $6.20. Pastors’ association, Kokomo, has de1 dared against slot machines. Daniel Minneman, found unconscious with his head fractured at Osgood. Mcßeth lamp chimney factory, Elwood, has resumed operations with 500 cm- | ployes. ■ Wm. Wright, prominent Gibson County farmer, is dead. He had been married just two weeks. Timothy Rayel, switchman in the Pennsylvania yards. Fort Wayne, killed by falling from a car. Another hatch of Laporte citizens has been arrested, and it cost each S2O for keeping an unlicensed dog. Mat Peters, Tipton County, shot himself to death willfully. He was the fath-er-in-law of John McCreary, sheriff. Seven-year-old son of Steven Bolander, near Mohawk, accidentally shot and killed his 4-year-old sister with a target rifle, j Fourteen boys and girls from the Cincinnati orphans’ home were distributed among the good people of Windfall and vicinity. Verdict of “not guilty’’ in the case against Robert McCoy for killing George Newman, Greensburg, was received with cheers. Exchange of the Home Telephone Company, New Albany, burned during a wind storm. Fire caused by crossed wires or lightning. Loss $1,500. One of the biggest gas wells that have recently been drilled in that section is that of C. H. Croninger, on the cast edge , of Hartford City. The well has a tre- ’ meudous pressure. Mr. and Mrs. Theophilus Crumpacker of Valparaiso, parents of Congressmanj Crumpacker, observed the fifty-second anniversary of their wedding. They are 75 and 74 years of age respectively. A Princeton man climbed a ladder tn a roof to sweep off snow. The wind blew i the ladder over and he stood for half an hour in a howling blizzard before he could call attention to his predicament. The failure of the American Brewing ’ Company at Chicago forced the Columbia ■ Brewing Company of Logansport to the wall. The plant is valued at SIOO,OOO, and John G. Keip, its president, is re-1 ceiver. Receiver Malott of the Vandalia line s has turned over the forty miles of road from South Bend to St. Joseph, Mich., to the new owners, composed of New York and Connecticut capitalists, whose bid of SIOO,OOO for the property to protect them* selves when it was sold by order of theJ court was the only one made. Two masked men visited the home of; John Kissinger in Spencer County andJ beat him into insensibility upon his sisal to reveal the hiding place of his J money. Kissinger is a bachelor livings alone. He is supposed to have money about his place, i ‘ Clark Kidder and wife, Kokomo, nrej raising a baby on raw beef. It is IT months old. For a time it grew thin and’ij was expected to die. No kind of food <S| Sin