Jasper County Democrat, Volume 6, Number 22, Rensselaer, Jasper County, 5 September 1903 — Page 7

Edward P. Honan, ATTORNEY AT LAW. •Law, Abstract*. Baal Estate, Loan*. WW mctlceln «U the court*. Office over FaRENSSELAER, INDIANA. Judson J. Hunt, in. «sncis, toons and Reoi Eswe. RENSSELAER, IND. Office up-stair* in Leopold block. first stair* west of Van Rensselaer street. t ___ Wm. B. Austin, Lawyer and Investment Broker Attorney For Th* N. A. AC. By, and Bensselaer W.L. A P. On. tt-Officcover Chicago Barrain Star*. Rensselaer. Indian*. ■ 0 V. M. Baughman. O. A. William*. Baughman & Williams, ATTORNEYS-AT-LAW. Law. Notary work. Loan*. Real Estate and Insurance. Special attention given to collections of all kinds. Office over "Racket Store.” •Phone 329. Rbnssklabr, . Indiana.

'J. F. Irwin 8. C. Irwin Irwin & Irwin, Real Estate, Abstracts. Collections, Farm Loans and Fir* Insurane*. Offio* in Odd Fellow,' Block. RENSSELAER, INDIANA.

R. W. Marshall, ATTORNEY AT LAW. Practice* in all court*. Special attention given to drawing up wills and settling decedent's estate*. Office in county building, east side of court house square.

RMAMK POUTS. •. •- •■HTLSM. NAMY a. ffiUMIIIO Foltz, Spitler & Kurrie, (Successor* to Thompson A Bro.) ATTORNEYS AT LAW. Law, Beal Estate, Insurance Absracta and Loan*. Only set of Abstract Book* la th* County. RENSSELAER, IND.

Ira W. Yeoman, ATTORNEY-AT-LAW, Remington, ... Indiana. La*. Real Estate. Collections, Insurance jo<rFarni Loans. Office upstairs in Durand

Drs. I. B. & I. M. Washburn, Physicians & Surgeons. Dr. LB. Washburn wi 11 «!▼• special attention to Pht®"*"! l ar ' Mo **« Throat and Chronic Diseases. Ho also teste eves for glasses. Ornes Tsumoae No. 48. NestesMoa Peens No. 07. Rensselaer, - - Indiana.

E. C. English, Physician & Surgeon. Office over I mes’ Millinery store. p —Tilery Omos Pmoms 177. Rseiosooa Pmoos, lie.

Doctor A. J.-Mliler, PHY3ICI AN ND SURGEON, Rensselaer, - - Indians, Office up-Malnin Jorsythe block. General practice of medicine, surgery and X-ray work. Calls answered promptly, day or night. Of-

W. W. MERRILL, M. D. iiecnc mi ond sum RENSSELAER. - INDIANA. Chronic Diseases a Specialty. Office ’Phone 808. Residence ’Phone 84g

Dr. Francl* Turfler. Dr. Ann* Turtle*. Drs. Turfler & Turfler, OSTEOPANHIC PHYSICIANS. Graduate* American School of Osteopathy. Office over Harria Bank. Rensselaer, Ind. Boursi BtolSm; ItoStMp. m.

H. O. Barria, K. T, Harris, J. c. Barria, Preaident Vice-Prea. Cashier. Rensselaer Bank. Deposit* received on call, Interest Bearing Certificates of Deposit Issued on time. Exchange Bought and Sold on principal cities, Note* Discounted at current rate*. Farm Loan* made at & per cent We SeUdt a Share es Year Busin***.

H. L. Brown, DENTIST. Office over Larsh’s drug store

Kiijur Crown. Bar and Bridge ■KjJt 1 Work. Teeth Without I Plate*. Without Pain. J.W. HORTON I* VKARBiN RgHMSLABI* Teeth carefully stopped with Sold and other 'Alling*. Consultation free. Nitron* Oxide Am administered daily. Charge* within the OMIBITI Mvirr M«UM. Worm Dow dee

POLITICS OF THE DAY

Moving th* Crop. Some Western newspapers are much exercised about where the money is to come from “to move the crops;” they fear, tn view of the panicky condition of the stock market, that the New York banks will have all they can do to take care of their Wall street customers. One would think, to hear these Republican organ* playing the same old tune, that the New York bankers and Wall street furnished every dollar to pay for each bale of cotton, each bushel of wheat and what corn the farmer* dispose of. Not a dollar of their own money, necessary to move the crops, 1* furnished from that source. The money which is paid to the farmers for their crops comes from the Western banks and is the deposits of the farmers and the business men of the West. During the spring and summer months the surplus of the Western banka is kept on deposit with their correspondents in New York and the other money centers, and they receive the going interest on their dally balances. The New York banks loan thia Western money to the Wall street operators on call, or short time, on stock exchange securities. When the crop-moving time comes the Western banks begin to draw their balances from Naw York to supply the local demand of the crop buyers. That brings about the annual old chestnut of Wall street furnishing the money to move the crops. In.fact the Western banks are only calling for their own money, not a dollar of which the Wall street banks can refuse.

In ordinary years this money movement makes the rate of Interest in New York advance In the fall, as an inducement to people who have unemployed funds to loan it on stock securities and replace the Western money, and in a few months the flow of funds is again to the financial centers through the ordinary channels of trade. The farmer selling his grain and paying his bills to the retail merchant, who pays the wholesalers, and the latter the manufacturers. When speculation is rampant, as it has been this year, the demand for money is greater, and the recall of the money to the West, makes It more difficult for the banks to finance the Wall street demand. When October arrives it may therefore be expected that money will be dear in New York, and the speculators will have to pay high rates. There is more than enough money to supply all the demands of business, but not enough to furnish the millions tied up in loans on stock collateral in Wall street. In former times the Southern and Westtm banks were borrowers of extra funds in New York to reloan to their customers who were buyers of cotton, wheat and otiher cereals, but that time has gone, never to return except to a very small extent, and then only if the New York banks have more money on hand than they can use to advantage in loans In their own locality. Be when the pinch comes and the cry goes up that the New York banks must have “money to move the crops” and the Secretary of the Treasury is called upon to aid them, the cry is really for money to move the Wall street crop of undigested securities that the trust promoters have been so assiduously cultivating. In the stress last fall every dollar that could be by any interpretation of the law be diverted from the United States treasury was loaned or deposited with the New York banks, which they have never repaid. The whole power of the administration has been used to aid the stock gamblers, and the promise is made that more and even illegal aid will be extended to them.

The present trouble in Wall street iij because the New York banks are preparing for the repayment of the Western money they have been using and are adjusting their loans to meet the emergency that they know will later encompass them. The financial magnates of Wall street see that the United States treasury has about exhausted all its resources to replenish the dwindling reserves of the Wall street bankers, and the overloaded speculators view with apprehension the shrinkage in value of the paper fortunes they possess.

The Republican idea that the government must aid Wall street, and that the financial affairs of the United States must be run according to the dictation of the big bankers, Is meeting its own reward. Unfortunately, thousands of honest folk wiU be ruined and the business of the country disrupted by the partnership of the financial and trust magnates with the Republican administration.

Financial Legislation. The new currency and financial bill which la being concocted by the senatorial coterie and has the presidential sanction will meet with considerable opposition both from Republicans and Democrats before ft becomes the law, if It ever does command a majority of both houses of Congress. The self-ap-pointed sub-committee of the Senate finance committee, consisting of Senators Aldrich, Allison, Platt of Connecticut and Spooner, have undertaken to pass a bUI to help the trust magnates, Mbs-Wall street speculator* and the }New Tort bankers out of a tight place.

The bill they are now so Intent on was drawn early last summer by the most able attorneys of the money power. It was attempted to be rushed through the Senate during the closing days of the last Congress, but Democratic opposition developed and Senator Aidrich, Its sponsor, had to abandon it The peculiarity about that bill and th* present one that is to take Its place 1* that, but few outside of those Interests above mentioned appear to think it necessary or desirable. When the object of the bill Is considered, which is to give the New York banks the right to keep the $150,000,000 treasury surplus and to replace United States bonds, wihlch the treasury now holds as security, with other city or railroad bonds apd to not only continue the deposit of the Internal revenue collections In the favored banks, but to also deposit likewise the custom receipts, It Is no wonder there is no public demand for the measure. The bill which Is now being concocted by the Senate committee has another feature that will be opposed by many Republicans and probably all the Democrats, namely, to allow tihe national banks to Issue credit currency.

There is no demand from the people —business men, farmers, or workingmen—for more currency and it la certain they are not favorable to legislation in the interests of the New York bankers, which compel them to pay taxes to be loaned to the banks.

Representative Hepburn of lowa, one of the few men of ability on the Republican side of the House of Representatives, was in Washington a few days since and an interview with him published fn the New York Post indicates the feeling in the Western States on this proposed legislation: “Mr. Hepburn says that there la *no scarcity of currency,’ and declares the view that there is a great draft on New York for money to move the crops not well founded. The only danger, he says, would come if the producers of the West became distrustful of the eastern banks, and so withdrew their money too rapidly. This, he believes, is prevented by the present rigid system of bond-secured circulation.”

But the senatorial coterie, who have also persuaded President Roosevelt that help must be furnished Wall street, will be backed up in all they claim by the whole trust interests. Every banker, State or national, will be urged by the most adroitly worded appeals, to join in bringing pressure to bear on Congress to pass the bill and the provision for asset currency—rubber currency, as Representative Cannon, who is slated for Speaker, called it—'Will be so fixed that the country banks will have an opportunity to get some of the spoils. Mr. Cannon is said to have modified hie views and if not favorable to this “rubber currency” at least will not oppose It Threats of defeating him for Speaker may have caused this change of sentiment. It was not difficult for the New York bankers to get Secretary Shaw into the conspiracy, for all his manipulation of the government funds has been in the interest of Wall street What has induced President Roosevelt to favor the Wall street program can be judged by the exigencies of his political ambition. Those voters who believe that legislation in the interest of Wall street and the bankers is against the interests of the people will have to bestir themselves and make it plain to their Representatives and Senators that they will bold those responsible who vote for such legislation.

Divided Counsel*. Ths Republicans are having troubles of their own these days, and on questions that they should be most united about, and the numerous pilgrimages to Oyster Bay of the leaders of the different factions does not seem to clear the way for united action. First we are tol<T that Senator Aldrich Mid his committee have agreed upon a financial bill which is generally acceptable to Wall street and is approved by President Roosevelt. Then we hear that Uncle Joe Cannon Is mul'ah and does not fall In with the program. He Is “agin rubber currency” and does not think any finao< clal legislation necessary; “we have the best currency on earth,” and so on. Strange to relate, Rockefeller and Morgan agree with each other that the Aldlch bill will save the country and. Incidentally, of course, Wall street. They are very Insistent that the loans to the banks by the United States Treasury, without Interest, should be made legal and, if possible, permanent. They also demand that the re-

ceipts from customs duties should bo deposited In the banks, as the Internal revenue taxes now are. This latter part of the program Is said to be especially objectionable to the prospective Speaker, and Congressman Fowler In an interview says that Uncle Joe prefers the Fowler asset currency bill to the Aidrich bilk With WaU street and Congress divided on the scope and plan of legislation, and the Republican leaders divided, there Is a chance that the Democratic minority may have to decide the question of legislation or no legislation. Fruit should be a large portion of one’s breakfast." •

FIRST WHITE MALE BORN IN CHICAGO.

Alexander Beaubien of Chicago, believed to be the oldest policeman in the world, has been retired from active duty, ending a service extending over a period of fifty yean. Beaubien i* 81 yean old and is the fint white male child born on the site of Chicago. He participated in almost every “first" event in the city’s history. When he was a boy he hunted deer in the woods along the lake front where now stands the city’s most imposing mansion*. Beaubien is tall, athletic and robust and object* to hi* retirement.

STORM SWEEPS WEST.

lowa, Nebraska, Kansas and Montana Are Flooded. The wont rain of the season wa* reported’ from point* throughout laws Thursday. Crops in many places are badly damaged and streams are over their banks. There have been many washouts in Montana along the line of the Great Northern, and the streams are flooding the country. The State of Nebraska has been visited by unusually heavy rains and much crop damage is claimed. Kansas riven and stream* are overflowing and many farms are inundated.

In the vicinity of Burlington, lowa, the wont rain of the season fell all Wednesday night and Thursday morning. The whole country is flooded and streams ar* out of their banks. Numerous small bridges are reported out. It is feared much damage has been done to crop* by washing out. At Council Bluffs two cloudbursts did half a million dollars’ worth of damage, flooded the streets and drove scores of families from their homes.

Extremely heavy rains for two days in northern Montana caused numerous washouts on the Great Northern, particularly in Choteau County. Many of ths small creeks have become bankful and are overflowing. Rain fell in Omaha in torrents, doing a great deal of damage to streets, street car lines and wires. Most of the trains were badly delayed on account of the soft tracks and minor washouts. Similar reports were received from over the State. At Liberty nine inches of water fell in twenty-four hours. Kansas streams are booming. At Lawrence the Kansas river rose four feet during the night, and at Stockade, eight miles north of Manhattan, the Blue is a few inches higher than during the great June flood. Near Stockdale the Blue has broken from its banks and, cutting across the country, is taking a short course to the Kansas river, and threatens to cut a new channel. Many farms are under water.

INDIANS MADE DUPES?

Peculiar Methods Ara Said to Have Been Followed.

The investigation of affairs in Indian Territory ordered by Secretary Hitchcock naturally excites public curiosity regarding the nature of the chargee against government officials which were filed some time ago. The public impression regarding the alleged frauds upon the Indian is somewhat vague and indistinct, owing to the meager information that has been given out at Washington. The investigation is based primarily upon a report made by Samuel M. Brorius, a special agent employed by the Indian Rights’ Association, which alleges that a large and very profitable business has been done in the lands allotted to the Indians by the Dawes commission. It is charged that the whites, who have induced Indians to lease their lands for five years, have refused to pay rtait or to surrender the land and have not been compelled to surrender it. The heirs of “allptters,” it is claimed, have heen induced to sell their land at small prices and full payment has been avoided. Several companies have been organised to deal in these lands and leases, and they are accused of the operations romplained of.

The Comic Side Of The News

Well, the two-minute trotter is here at last.

If Turkey is to be carved John Bull would like at least a wing. Oyster Bay is so lively now that th* native bivalve* are losing a lot of sleep. You could hardly blame King Edward if he were to talk with a brogue hence>rth. Peru can certainly report progress. It has seated a new president with no shooting. Bulgarians threaten to do Prince Ferdinand a favor by taking hi* throne away from him. A witness in the Kentucky feud case ha* died of appendicitis, thus eternally disgracing his family. This year has seen the trotting, pacing and running records al! broken. It looks as though the horse were making a desperate effort to distract attention from the automobile. Naturally those operator* who cornerel the cotton market object to being called gamblers, but an old farmer like Secretary Wilson likes to call things by their right namte. Prof. wants secrecy because he is experimenting with a machine for the government to use in case of war. Is it designed to lure the enemy to take passage in the flying machine? Nbw that her trial is over Mme. Therese Humbert will exercise her little pnU to show that the jury did not know what it was talking about when ft saH aha would have to serve five yada.

INDIANA INCIDENTS.

RECORD OF EVENTS OF THE PAST WEEK. Bandit* Poison and Bob a Hermit— Youth I* Victim to Quarrel Over Love Affair—Sharpsville Has Labor Trouble—Woman Brave* Burglars. Charles Crabbe, a bachelor, w<ho lives alone on his farm three miles northeast of Hagerstown, was awakened by three masked men and tortured and robbed. When the robbers awoke Crabbe they demanded the money he had drawn from the bank the day before. He denied having any money in the house. The robben* threatened to make him take poison if he did not instantly reveal the hiding place of the money. After again denying that he had any money Crabbe was bound hand and foot, thrown to the floor, his teeth pried open with a knife and a drug poured into his mouth, which he was made to swallow. He became very sick and in his agony rev*aled where his hoard was to be found. Slain in a Love Quarrel. Joseph Uncather, aged 20, was found dead on a pile of ties near his front door with his skull crushed. He was the son of Charles Uncather. The other night young Uncather and Harry Grace, whose attentions to Myrtle Uncather, a sister of Joseph, had-been ordered etopped by her father, met the father and mother. A quarrel followed and Grace threw a stone, striking Charles Uncather, who swore out a warrant for Grace’s arrest. Mr. and Mrs. Uncather left the two young men together. Later after Grace had been arrested they returned home and saw young Uncather lying on the ties. They heard him breathing loudly, but did not disturb him. In the morning they found him lying in the nine position dead.

Threaten to Burn Town. The burning of Sharpsville by negroes and Italians employed by the traction company, who had vowed to lay the town in ashes for the killing of one of their number, was, happily, averted by the vigilance of the special officers sworn in by the sheriff. The most belHgerent of the mob were paid off and discharged by the company and were immediately driven from the town by the officer*. A few fights occurred. Woman Drive* Out Bnralara. Alone, unaided, facing two burglars in their door yard at midnight and driving them away by repeated shots from her revolver, Mrs. J. F. Hawkins of Liberty finds herself the subject of much congratulatory comment. Burglars attempted to force an entrance into the Hawkins home. Mrs. Hawkins heard them and put up a fight that speedily put them to flight.

Find Field of Iron Ore. Tiie mystery of .the sudden success of the floating of the $5,000,(MX) bond issue of the Indianapolis Southern Railway Company is cleared up. An Immense field of iron ore, brown and red hematite, free from phosphorus and silica, has been discovered in Greene and Monroe counties. Alt Over the States Nancy Ann Gaskill is dead at her home near Dupont, aged SO. Mr. and Mrs. John Reep of Vincennes have been married sixty years. Crawfordsville’s postoffice has been declared unsanitary by Inspector Fletcher. Etta Lay, a Daviess County domestic, broke smallpox quarantine and was fined sls. A gusher gas well, said to be exceedingly strong, has been struck in Shirley. Light fingered gentry managed to reap about SI,OOO in cadh and jewels at the Elwood fair. Reports say there are good prospects for a hickory nut crop, but that walnuts will be scarce. City Attorney Campbell of Anderson was one of the men who was touched at the Elwood fair. Mr. and Mrs. C. E. WilMams of Daleville are going to New, Mexico to make their future home. Edward Winn, aged 30, was instantly killed on Interurban Bridge at Columbus by an electric shock. Muck from Fish lake is being hauled to Chicago, where it is made into fertiliser for pickle fields. Many Hoosiers are in New York testifying in the case against the Daniels “Get-rich-quick” scheme. Because of a carnival, it was impossible to keep a quorum at a meeting of the Logansport Cjty Council. African churches of the gas belt are making arrangements for a camp meeting to be held in Anderson. Claude S. Brandt of Laporte was bitten by a dog owned by Chas. Guise and now wants $3,000 damages. Joseiphus Wright of Tipton County was probably fatally kicked by a horse he had gone to the barn to feed. An oil well on the Lew Brawley farm, in Delaware County, pumped 30 barrels in the first six hours’ operation. A striped tarantula held a force of Anderson groceryjclerks at bay for about an hour before be was captured. Benjamin Starr, State Senator and ex-commander department of Indiana, Grand Army of the Republic, died at Richmond.

Hartford City has just found out that a municipal water plant does not pay and the figures show that it has lost money for ten years. Edward Berry, a Laporte County farmer, drew sll4 from a bank and was robbed on hie way home with it. He was seriously injured by the hold-up men.

Samuel Hill, 75, a pioneer of Madison County, has just been seut to the State insane hospital for the fourth time. He becomes violent at times.

Maud Carpenter, 40, terrorised St neighborhood in Laporte and kept the police at bay for several hours. She has been adjudged of unround mind.

The annual conference of the Indiana Methodist Protestant Church came to an end at Muncie. The conference placed itself on record an favoring tie union of the Methodist Protentant, the Congregational and United Brethren churches ufte the name es the United Churatu

THE WEEKLY HISTORIAN

ONB HUNDRED YBABS AGO, French residents of Martinique began putting th* Island in a etat* of defense against a threatened attack by the British fleet A score of American seamen were seized in the streets of London by British naval official* and forced to *erv* on British warship*. Complaint was made because American shopkeepers gave only 90 cent* in exchange for sl, by computing the new cent as equal to a penny of the old currency. Excitement was caused at New York by newe that American ships had been seized in French ports because their captains failed to certify the cargoes contained no British goods. Capts. Meriwether Lewie and William Clark began preparations at Louisville, Ky., for the famous “Lewis and Clark” expedition to the Pacific ocean, ordered by President Thomas Jefferson. bbventt-fivk tears Aoa Gold was discovered in Spottsylvania County, Virginia. The fint Durham short horned stock wa* imported into the United State*. A canal across the isthmus of Panama was projected by the Netherlands government. Construction of one of the earliest railroads in th* United States, at Charleston, S. C., was aided by an order of the Treasury Department admitting iron for its use at 25 per cent ad valorem instead of S3O per ton.

FIFTY YEARS AGO, The logbook of the Savannah, the first steamship to cross the Atlantic, was placed on exhibition at the Crystal palace in New York, where it attracted large crowds. Pltro Bachi, a Sicilian exile Implicated in Murat’s attempt to reascend the throne of Naples in 1815, died at Harvard University, where he was employed as instructor. A “fast mail” schedule between WaeffiIngton and Cincinnati was arranged eo as to cover the distance in forty hours, or twelve hours less than the trip trad been made theretofore. Jefferson Davis, then Secretary of War, was given an ovation at Boston, where he had gone on an official visit. Cholera was epidemic in Cuba, all of the slaves on many plantations being swept off within a week. Engineers who were planning the Union Pacific Railroad estimated that it would cost one-fifth of a cent a mile jvr passenger to run a train with accommodations for 200 persons from the Mississippi river to San Francisco.

FORTY YEARS AGO. The city of Lawrence, Kan., was surrounded at 4 a. m. by Quantrell’* rebel guerrillas, 180 citlsens shot down in cold blood, the stores pillaged, and the town then burned. Gen. Wilder’s artillery began the bombardment of Chattanooga, Tenn., where Gen. Bragg’s rebel army was stationed. London sympathizers with American rebels were estimated to have lost $4,000,000 on rebel securities to that date. Confederate currency was quoted at eight cents on the dollar. A battalion of the Sixteenth, cavalry was attacked at Vandalia, 111., by 400 armed rebel rympathizers under command of a former United States army officer, several persons being killed. Brig. Gen. Jeff Thomson and 100 rebel guerrillas were captured at Pocahontas, Mo., and narrowly escaped lynching.

THIRTY YEARS AGO. Gen. Thoma* B. Van Buren was accused by a national commission with profiting from government contracts let by him as United States commissioner to the Vienna exposition. The Philadelphia centennial exposition was threatened with failure because of inability to raise the needed $15,000,000 and personal rivalry among the commissioners. Members of the ku-klux band were ■aid to have committed fifty murders in Kentucky within three year*, while the whipping of negroes and persons who employed them was of nightly occurrence. t TWBNTY YEARS AGO, Don Carlos, pretender to th* Spanish throne, reached New York from Havre. New York police were asked to guard Lord Chief Justice Coleridge of England from possible assassination by Irish nationalists during his approaching visit there. Ths State of Virginia demanded $732,800 in cash from the United States treasury as Its final share of the notorious “grab” bill of 1836, by which the surplus revenues were deposited with the States and neevr repaid. TZN YEARS AGO. . Twenty-five acres of the residence portion of South Chicago was destroyed by firs. Debate on the repeal of the Sherman silver purchase bill was begun in the House of Representatives. Ex-Speaker Thomas B. Reed, in aa address tn the National House of Representatives on the proposed repeal of the Sherman law, declared that a majority of American voters would oppose free silver 'coinage if given a dhancs to d»* elan