Jasper Weekly Courier, Volume 39, Number 17, Jasper, Dubois County, 1 January 1897 — Page 2

THF delayed report Of tho Secretary of thu Treasury 1 rem .t -1 lo CourfreM.

VI. I..euu-eni Iv..id 1-argel; t.. KentsiL. Irms1 MmmsM Weed Iii (uuutrjr.

YaiiiwI.v DM. n.-TM annual re, get ul I eoretary uf ÜM treasury. j. u mioaitted to congress, deal exteuaiveiy ami iu detail with Um Ünaucii situation. Mr. Carlisle sumBiiiriif üit condition of the treasury, and aftei reviewing hit former aieudati.iiia for early and effective leg-Uiutiou to provide for the retirement of treaaury note. goes on to sav: Tbe matutenn.ice of a pottof wh.oh tieceHVtli Imnneii apoo it gnumnut tur irgei. of furuis&.u, g..ltl at ia- I' 't w ab wti may il-.uaoa it tor or u - home, or for ctort to other eeantfios, ggg not be uiiOd a see any groand of ex-B-tl.et.cv or kOUDd tluauclal pnueii4e. and even

ue will eae. ati.t " OW11 pvoauotiea, MQitUag M I leoetbsa t-.' . -jo per anaaoi, will be permanent. aAaed to lb veluwe ol our clivu atinu. " Taa miiliri tostatfeat wttbont a pamtaaa

Li,m ol our currency w. oat. nm inj

uiK.u nwrinsnciii act -! uk to our

g..Ll from abroad in eilleiucat ot lu uar furor. Ho refer to

u.. adattoa "f last vet.r. ilui

ANOTHEB BIG CRASH

THE WHOLfc THING.

frlxtta Cttisea

Tl.o Lituilt

tMOt of

irate toalUi roc o oi-

u.e eeorotary a

of Mini b i Um Wan

Uuoa tc

. m .. .f nv. -ret un lug ac-

t Idle set i a -en the fountisUuiis re Barren y y;eiu. ihu Impair log .. . . uepreselag bauie, tt would. :Uo djty of all who are vita any degree at reepoaialblUtj a , ipUoO of propor Unaacial M .:. i upon the ref.Tn.ation of

u ou tbi utject ai Hi. o.ul.. t poesi-

ay. The Ihm aud redeiuptwa o sues

lunci.' i ! kne

if Ute peri Masai ' oi reotl o..'. ae e . tor lb i'

O'.r

Ui'.rt ei tea ia a t a l.r. iw r

rea.ury departo.eut or of any tther departure.. i,f kB k : crniLeut. .. tliegoveruBik .i 1.... iK'k-rr toi-i'ln m !:.. .t la unl in its

guty to laaiie nubile obligation men ly ror itie purree r i vn'.iiit'k f ;! c.rrrtit-v for ue to the tranaaction ot tviaiue. nor haa it the on-iitu'lfnal power, ui my opinion, to inako its printtw layat-taadai in the paiaiaal af prliuic ue ; is. sucti a policy. eeu if IMI' ttoaafl b m i iltitlira laataaiol impartto kirength and stability to our currency ayetarn, t r.ously endangers it by the iutroduraloo or i luical and irlisan couaideratiou taiu the maiiageniont of a aubject which ought to be rea-ulaied entirely by the bunlnes mt. r

ata of the people and by the law uf trade and be principles which control h- nrst M muierlal tntareourae. " The aecreiaiy refer to the ienl in wh.ch be entire financial ayktera has been placed by th couataui agitatlou of the curreucv iueaiou, and kddl There it but one absolutely certain way to amove tkia delicate and dangerous quest wn from out nartv ic...t,c. and that Is tu retire

and cane, ; UM in.tek. All atteuipta lo board tbani paiaiaaamly by UM guveruateni must fall, for the .b u.us reu-suii that our people at., nc: .. t.t-ut to bt taxed merely for the pi.r.ost of accumulating and ho .rdiug a large at.', u-t la lurplus lu the treasury. Me. tits, ib.. n. .it l '.si I . withdrawn froai circu.at ou, lu ..r icr to be hoarded, an.! waaa TlUtdrawa frt.n. circt .a't "i. It would b'- far more advaniug' . i public la aaaoel tteai tbaa to lep them on h. nil as a cm stat.t temptation to ii ii.;.:e in uui.i t i".sarv and t'Slravugaut ex- ! i rn -We must not be delu-'.ed into afeelitigof aavrtt) by the fact that there has lieen a siMbhmm or g M attMraVMat ttartag UM past low mtuthk aud u large accession to our (toe li of "Iii from abroad during the sanie time," aayklhe aecretar He points out lhat there is ayo sufficient rea.-ou M believe MM ibis c a liilon of sffa'.rs will be pt rinanct.l if our eiiktbg syatem is msinialned, aud continuing, ke -a.. "Fluctuations n the rates of exchange ar' pro-iuoed by causes beyond the oontroi of offtcla. power, ai.ti one cf the misfortunes of our

prent kltualion Is that whenever tbe-e rate

teach a point at which tt Is more profitab.e to tMyoti golt! than to purchase bills for ttie let-

ileu.ent of our halanres ut r.al. ti.e . .'it.

mentis com;". led to furnish tbe gold or fall to maintain the standard of value estan.

bv law In fact, the abandonment of tliat

tenilard. noil ibe legal or practical recognition of stiver ss tt e basis uf our mone

tär) syaiem ou.il not relic, i!ie government

from the obligation to prtK"ir coin by the Is

BUS of boo therwlae. tor tbe re.iauptlon af the notes. Unt.l tue notes are awgaani I retired, or tl.c b.igstlon lo redeem in coin is ssho'.ly repuillaleti.a large reei e u.iiNt ba pro-

Wided. and Ih.s iw i t. uhalet er It consists

Of gold or s.iver. being sub.e, t to tue amaand

t.i ail who teal rg to exchange notes for coin, n ga be rei lr latMi from time to time by such

means as the . ernmeut Is aMe to coinn...n 1

No vstem f t ..Lf that . at. . - -

furu.sh the Mvarumeat with either ... ! or s

v. umess .' i k tor It s.ih niei.ii- I readj

ao!;e tad I iu..iion. or by BOatracnng an flelileilnek-t i . J'. III then, lit it. thefil-

gate

'lam tint tighly coavir.ced that tin ntl.e

nient and cata e.,tion of I n led Stuf - tmies

of both i ia-i s unaer sueu teas, i, . t .nulta

it uns snd ristrtctlons as c ms ess nay ee

arair to tir-kci ibe. or as a i u u

tf tue treasuty wouid auopl tu the exercise b.x aAcial gtaswattaa, would not rcautt. eiint

sgi iiiamilllj or temj.or.irlly. Iti an injurious

com tact on of the currency. Nog

howeeer despotic, can piecribe th m

amount of runency its people shall us,- in mo

transaction of their busines. .1 a:

tempi to r s.u. ate tbi atojet-i ., arl.itrary

rule lo tne form of leg.aialioti or otherwise is

a departure (rata true aoaaoailc artBi Tue neoBle. if left free lo OOtMiacI tl.elr bus!

ness affairs In their own way will alw.iy

decide for themselves how nit eh monev they aeed, and, unless preventeo bf artificial anniruci.ons. i lie necessary amount will always be Bupp led eltncr from tlieir own reouices it home, or through exchange abroad. The volume of business trausactasl determines the amount of money and credit rev'ir. 'l, nnd whenever the volume of business demumls an

additional supply of money or an Bitling of eredil the demand will oert tin v be compiled with, provided that the laws do not interfere to prevent 11. As rapidly ss our notes are redeemed and cancelled, gjld. or currency as got ul as gold, will lake their places lu the circulation, tt the intereain of the at uulrv reguire it. "With a liberal commercial (.ollcy, promottng the profitable introduction of our large surplus products into tbe markets of our rountry. and a hound cum ncy sj stein, pminlsing asfe lavestmeuls for foreign capital in our domestic industries, we may eonflodently rely upon the , i- ration of the natursl laws of trade and

Bounce for an abundant supply nfa-oo.l money to tranaacl ali the busines-. of the people and fully c "elop the great resources at our agaw ii tnd Ah s,i.,n as the resumption of specie

payments had liecome assured, and the agitation of that question bad ceased, gold began to flow l.i this country In large unmunia. and fr ui W7H to IBM . botli year-, ,i cooled our net gams in imports aloue was l ,B :s,jtrj i,m iu addition to this, our svanable stock of this n.elai was considerably Inereused by our dBiestlc production and oy lh renewed use of a great part of the coin previously hoarded by our people on Bceoiint of lis so j-rloi liy In value over a depreciated paier curreo, y. l or a series of yeurs tlien-hail I e a ul crops In hut ope and the hale of grain and provl I In those markets created a very large

excest of exports of merchandise over Imports, culminating, in ItfTS. In a balauoe la our fuor o,' tail ... l.O.Arj, t he lark-eat

tint t ever BXiawi in a ng.e - r. tsosacli baiante has ever been -Mi fatv in d In any year all ee, except during ih c irrvnl calendar year 1MHV la II mouths the excess of exports of me-chsiidise over In ports has been g-fV '.uo,TW. and t ibis should be a l le, i the net exports of silver. tt'UBIS.Oiv i; a klag a total or IUI i 0:174 or nearly ttjtmjum inor-than tbe htkhehi amount for any atgvtasjia period of IS nut. uhs. It la scarcely posi)de that such ehsnges can occur in the co irse of our Internationa I trade during the next few tears as to prevent a lergi annual balance in 1 gf favor.

and tf these favorable raaatu soatlaui to be realtted and our currency syxtaaa shall be

placed upon a sound basis, experience

and reason alike )u 1 1 T - the rondo

alou thai vePy" cmisiiiei a,. 1 uinnunis ..t gold must be sent hen- M tav for our exporie ', products, or that even If this should

not be the case, the dsuaod upou our existiug

the treasury be ftUMOrtaaq M issue, irum um M tune, bondk payable in gold aud to eschange Mkggg for failed Slates notes aad treaaury botes. Coaceruiug this he says: While aa aetfo af- rrmg eipreas and plenary authority upon the aecretary to isauo bonds BB 1 BBg ibeiu M tha pra-eeu of ibeir sales for Iba puip.'e of retiring a certain amount of j Lute tech year. luu.J lu tuy opiuiou. be tbe most effectual and tconoiniosl way to acta u.p -i. ttiat uujeet. It may If that so radical a measure would not receive the assent of congr, s la ÜM p.t-seut sla1.) of the public ta.udou Um aahjjoat. aad U Bo.lt is submitied that, at tht very least, authority should be given to rettre and citii'i tl a maxiiiiuui ainouat of notea 1 ach year wh.cU are voluntarily preseutad by i ihe holders and redeemed lu gold, aud it Ihe maximum amount axed by oongreas shou.d be retired aud cam elled in uuy year by redetuptlob out i f the gold rtaarve, UM secretary ot the treasury should be gloiaed WiM auih r:ty to ap. i.v the kurp.ua funds lu the treaury. and 1 lu addition, if M il try. to issue the chara tor t.r bo.i is a bait- oe crii fu loa suK leni -mount to cuuiii.y wilh ia- provl-ious of the

iaw. The BdapitfkB uf such a policy would be the giving ot Uaxaadlale aaauratice o.' a pari use M ti '-"ii witaiu h resobabio jHirio 1 ig lata und elaaiifl eur re ncy ay.sieu and would re more much of tho doubt and iinoertatniy winch have tor many jeara disturbed th public mind aud eiubarra-st-d Uta biMttaa - 1 a piofH aad tag oporaiioas of tbagoverntui 11 No saodao 01 langfl) as tracUi.u Of tut active cui rci-.-y WOUld reSttit trots ihe aaevutioa 04 such a p aa Mi ie tue reileuiptions : ...d be made troui tiBM K Ua-e with gaonej ..,: atthdrawu (roa the circulation ami h id in the t.easury, eioopt la

caaes wi .-e ,t m. til become u cessiiry 10 issno and sell t m - m pedar to maliu the rodemplions eWrreapaodtag M the amount required or authorised, and in all sut h cu-es coniracliou could be g a liy 1 rt teuted by ggtltag the bouds sbroatl and iuu adding their proeeeda to t.ur domeslit' StOOt of money." C'ont.iiuing, he says: What, verplaa may be finally adoptag for the retirement cf L'uited States notes and treaaury notea, it will tall to afford complete protaettoa to taa go eawBtaaal against demands for gold iu ihe future, unless

It includes a provision re leviug tb treasury from the obligation to redeem national bank notes, except such as are worn, mu'.uiated. or defaced, and the notes of failed banUa. or requires these in-tiu:tiotis to keep their ledempllon funo lu gold nnd to deposit gold Coin for the withdrawal of bonds when circulation is

to be horrendered or reduced In view of mo

provisions of tbe existing law, it Is

iear that In case the United stales notes

should be withdrawn from circulation, soma

other method of redeem ng the r,aii".i:)l bauk

rietiey must be adopted, and. In my op.uton.

tbe obligation 1. . : . . 1 e ,m ; e ! . 11 1 -Ly upon

the banks themselves, or thej should aa re-

re, ! t.. keep lie -t-.jen.pt..,!. fund ou deposit

w.th the treasurer. In go. I com

Mr Cur is t r news bis recon.no tidatio. s for

such ami :1,1m i.t 10 tue ualioual 1 aumug .aw

as would pet mit UM laaae f elre iiatlafl notes

eq'i.i. l!i ..: 1 l to til-- fi.ee tulue of the

bonds t!ep is te l and reduce the t x on Botes to Dim tow rib of one per fent. i'r snnum, at.d ttiat uuthority bo gi m M estab

lish branch banns for the trans m of ull kladS of btislne-s now allowed ej. pt tue Issue of circulating notes Kagaoi'i is, a now

is perceive I he -ays. why this I initial.-in upflg

the retiiuii d smouat of capital IBittlg Bot M

reduced to 1 w about regard to ; a' a

He again refers to and renews bis r'ggesiion ,

that the .-sue ,,f I'niie 1 states note- treasury note and national bank notes of 'cwer denominations than 111) be prohibited 11- order to secure a largl and more permanent ua of the

LlVBT colu and certificates.

Taking up the quest on of the rt vesyue and

quo lug llg.it e and the yearly dottcieacy, tha

secretary says "Hut unless our annual reeeipts are ir -reuse 1 b iu pr veil business conditions, or our annual expendlturea are reduced, a t.tii'- will arrive when pruvlston must

be made for additional revenue; and If the expenditures of the government shall tie in

creased bv acta of congress the necessity for

such a measure will arise carller than tho p esent situation soems to indicate. In view ot this BOOB MO contingency, it will not be Inappropriate 10 submit a f ,v suggestions concerning the renerai is., ev ! n.- a.! p I I tl

makiug il " ptot is. mi to meet fulur,- uiccesil.es or the I erament "Kor more than a century oar tariff legislation has been designed, to a great extent, at least, to accompli-h ohf-cis other MkBB tbe raising of revenue for public purposes, 'lite prt tection of capital btTaaMd in our native Industi ,es. and the protection of .naor employed lu tho L'nlted late again t the cofapetltioa of tbe prodMta of foreign industries and fore'gti .ab- r havi ueeti a.iek'od a tue paraMUril ob.ects .11 many cases, and urge,! as a justification for the progressive increases of tariff taxes and Ciminet cial rest ra tion, when revenue was no- nc tied. or when ihe rates Imp ised w-re made so high as to reduce the reienue. In other llllMncog, revt nue duties have been abolished in order that pr -tective dl 1 11 - tr lgnt be retained or in' reined and the necessities of the government and just principles of taxation have i,-ei subordinated to the demauds of spc-ia; interests. So long 11 a ihe Income of the government fi 1 in i ust- ms nnd Internal taxes exceeded its expenditures, the fact that prot. i t,v duties

were tiesttuct ive or revenue, uiinougn clearly apparent to all who observed the prat-Ural opeittllen of the system, d d riot at tract tie at

tention of the publ e. generally, but tbe situation has been materially changed since isvt! and her.after It wtt not be poss.ble to sac- ifjce it v. t.ue to protection without seriously embarrass ng the fiscal affairs of the ' government by depriving It ot any Income 1 sufficient to defray Its necessary expenditureo if the usual pr portion of this Income Is hereafter to lie der, veil from taxes on Imported I s, the protective theory must be abandoned as the 1 asls of our legislation uon tbe subject, and a well-considered and consistent revenue system must be substituted In Its place, and, In my opinion, this can be done without material Injury to any trade or IndusIff now existing tn this country. "In view of the comparatively small and constantly decreasing pail if our laboring population that would be effected even by a repeal of duties, a movement for the impost- ; tlon of higher dulleo upon imp iried goods can

not be regnrde 1 as just Iflable upon M af tbi grounds usually utge.l in support of such meaO urcs by the advocates uf protect ve theory."

"Of all the great uiuuufacluring run ions, ours Is the only one which annually produces astir- I plus of fo ul and iaw materials, an I unle.swo fail to utilise our resources, we must become the great exporting country of the world. Wime revival of business and a return of more BfOOgloroaa OOOStittoao woultl Increase the Income uf the got eminent from customs, under the existing rate-of duty, on manufactured articles. It is reasonably certain that the iiuantitles and values or such article hereafter imported will be less than they wuro before the depression b'-gnn. and that they will not. in the future, under any rate thai may lie established, reach the proportions of ten or

tlfleen years ago "When the true principle ot taxation are reciignUed and applied In our fiscal legisla

tion, there w ill be no alfncutty tn securing an ample revenue for tho support of the govern

ment In the exorcise of all Its proper functions, without subjecting our industries to In

jurious and unneceesary bard, ns, or our trad

to inj jrlou and unnecessary restrictions

Owing tn a tshortage of Heady t .I, sr ryint Down With Ii ile Nou.li 1 I'wul Hit I. U. a llrwiieli of lOSO larger liisll. iBtlBB ttill f .y tu Uli.

St. Pavi Mmiu., Ilea 83. -The feol- 1 lue of appri-heiisioii itml fear that ihe ojuaigjl of tho BMtk ot Mitiiu'sota oa Ciisioiit-il to-iIii linn to soiiio tlt-ejree aubsitleil as giijfbt lias foino. '1 lie hopeful statotufiit issued by tho olü1 . i s and directors of Hie bank lias raitsstiretl l he biihinoaa d mi tun n i t y. As, tie (TOM tlto closing of the Sotitli M. Petal bunk, which waa but a blanch of tho Kauk of M iutiea-ta,

other eon CO rue have ctoaed.

gggiusMn appaairad at the bank tln-y wore liud upon tho tli)irs Tagt t rtavt S. tio llmU

THE. OlNÜLtY UILL

uo

hen oarly this nit ir nil. o; ti rprised lo ay bOttga to t ho

llxatnittor KaBytMj lwtd uflcialljT tovaft oliaru'O of tho llai.ii tf .Miiiiicsut i. and its rtteurdg, book! und affaota, 1 no uows hproa.l with tlgbtalagdlka m Bid iv tUroUfhuiit tho city, ami , m latv groapa )f men and wotneii RMti their way loarttrtta th bam; bulUtinf. BOOM vvero pronp od booause tnoy

were ue post tori utoara oajnao nt.u n.t ettiiositj. Hut no ouo wus adtuit ted. Ü10 public o.xnininor at once bvai. a cirofn; exa 111 iltat i ll of tho atVnirsof ti.o bttttk. At uoon the elaajrlaffUottag BH 1 MM) suspended the baiiU fr un tho as-, ii elation. The Hank of Minnesota was always considered one of the I dtflg flnaneial institutions of the northwest. It had the longest record of any b.tnkiujf institution tu St. Pawl. As early as lörtl tho private bankini? house from which the present bank came tinully was established under the

of iierry, lli...an.t tV 1SÜ5 the bggslllafl tirm beaa Dawson .t iu., ami

Ji.l an immense business until WH, when ti e ptesont Ititnk of H inneaotg was organized uuder the state bankinjf net. Its capitalization v. a Q ".- ttOU; its surplus ninl undivided pr.iti'.s were iveii at fciOO.OOQ. Its last report to tiie bank examiner was ti.ed dctober I 1.1st and 11 call Ira new report was issiietl yosteiday whicii rubabiy baatauad action. According1 to the last report, the den, .-us . .n demand ce:-t if catgfl amounted

to ot tier

ürm uame Dawson. In fame known

I., -s,.;, iioi). lucre was due

ban :,s the sum of S-M:,JJ. but there gfgrg aiso resources du- from otuer imiiKs, gggotjgitigg to Mf-4Mi Thej Itatg of Miniiosot.i earnotl a (Ufieall w itli toe bank at t :ie t.aie of thesuspgftaiogj aiuouuting to 8io4.tK0, but 1 th s sum is amply securetl by g'Ul' edged collateral. The eorrospouding banks in the country shown on the last report number 45. and many of these are small banks in the country towns, whose fate may Agpeatl upon Um final resumption of the Hank of .Minnesota. The state hail given no- ; ti c that it would withdraw g.Vi.ouu , luring the week, and tue city treasurer also required Hi,000of the public fanda, Th bank's open account de- 1 poalla amounted lo tW7au00at the time I il eloseil its doors. Alth nit'h no official statement of the bank examiner Ut obtainable until the examination has been completed, the directors and ofltcf I his evening 1 iave out the following statement "Lvery deposilor grill le paid in full Titb t no least possible delay." Win I'lwsnn, Jr., asi.i.T of tl. banb. saitl t a Luit-tl Associated rtglgfH ropi-t s ntatiee t.iat I lus s- ,i,eBaeal was correct In addition he sä id: 'Wo have hnd a very large Mtroaag from the retail business 11. .11 of tue oit . The hard ti nes of the past few years have reduced our deposits over one-half. In additiou we have not been able to make oolit eim is on bills receivable in large amounts nur on notes due the bank. Tnis. in short, is the story of our closing. We might tiave couthmed for an indefinite time bat concluded to save the assets intact for the depositor! and creditors of the bauk with a view of mailing a full aettlcment." Ail of the directors of the bank are nu n of great vvealln and integrity, ! ami they have Mthoriggd the statement that every obligation will be gMts It is the current belief that the suspension is but temporary, and that the bank w il I restt me business in a few davs, as soon as arrangements can be onide to obtain the needed ready

money. Its assets are said to ie am

ple to meet reiiuiieaients, tbe oniy I Rltj balag a shortage of ready m :oy The bauk ofheials deny the llogation that the Chicago failures bail anything to do with tho closing of the bank. The Union Stock Yards bank at B nth St. I'iiii I oloised iU floors simultaneously with that of the Dank of II : aeaotg Win, Dawson, Jr., was ita president, being also cashier of the Hank of Minnesota. Tho South SU Haul bank was a branch f the other and was onpital iretl at $-5. 00. W lien it made its last report to the bank examiner it showed that tho Hunk of Minnesota carried 3411.000 of its cash .hi deposit. It Wad deposits amounting U) , iis. of wl.icli 11,000 wer pabttfl fuutls. Ita fate depeads en Uredy apon the Hank of MiaaoBOta, If tfie lattor resiitnes, th Souib St.

Haul bank will al .0 e ou ita feet at; a in.

llano tlto lrrt Kepab-

lu an Joe. It la BHUiietlniig new und preposterous to the American people that a private uitien like Mark llituna should iiasi;nie not only all tho duties of a jKlitical los In ruling a party, but ull the duties of a dictator in tixmg tho policy of tin aof ernnieut. ltit-ss und czar rule has upearetl in the past. Hut the display was never u offensive before. Thons was a sort of humor and good nature in the apisaninee of Hanna us

the manager of Maj. McKinley's campaign for the presidential nomination, lie also displayed groat executive abil ity in sjlitie.d nnuiiigetiient. As an amateur, rtlfhlnt lato tJe political niona, he sin pus.si d in ability and craft the veteran profi ssionala and experts of many catni-aigns. Ho defeated Hood. Allison, Harrison,

Morton, Alger and other candidate at the rcTiubhean national convention in St. l.ouis. It does not appear that he displayed unusual cunning. Ho used but few political art. It appeared merely that BAbM repror-et tod a possible campaign fund of Monte Cristo proportions and that he wouhl be the almoner of patronage if McKinley should be DWni OAted ft)r president and elected. That settled iU There could le no serious objection to all this as partisan methods are prctlced. Hepnbliean candidates alw ays are nominated by machine methods, which include both terrorism and corruption if they are necessary to accomplish the purposes of machine leaders. But now, after the nomination and election, eomeej a startling innovation. Hanna has developed from a caucus and convention boss, from a mere faction or

party organizer, to a dictator who proposes to shape tho legislation of congress on tariff nnd financial subjects. It is the most flagrant usurpation of boas rule that ever was attempted. The report say that at a recent meeting of the senate committee on finance, Hanna was the main spokesman and in

terpreter of the McKinley policy for the future. It needs no unusual gift of Intelligence to understand that the McKinley policy is inspired by Hanna.

There will bo no legislation on tlie tariff nor on finance- which McKinley will approve unless It has Hanna's inspiration and authorship. Credible rumor clothes Hanna with power to negotiate in McKinley's name for eabiiiet appointments. He will make up the ndministrnt ion. He is to exercise in McKinley's name, or rather In the presidential uoine, tho powers of the executive lu constructing the cabinet, Every applicant for a federal appointment under McKinley, each person expecting a share of tbe patronage and spoils, appl.es to Hanna for nn indorsement. It is understood that while he is attempting to exercise czar rule ia regard to legislation he will be the fountain and source of presidential appointments. How long ssnll the peojsle stand thie flagrant display and offensive exercise

of on II tfUl power outside of oflice or authority? How will great republican leaders stand the rule und dictation of a new man who has intruded into party counsels and control? The appearance of a private citizen assuming the duties and powers of provident in dictating public potto" to a committee of eonn-ss and in tftapeBJ the great patrol age of the adnnnLstnition is a gem "Ohio idea"' of th worst rharacter. It must have originated in the depths of jiolitical iiorvcrsity and corruption. Will the great republican leaden, fienator Sherman. Speaker Heed. e-Sen-ntor Thomas . Piatt and Other) of their class, accept the dictatorship of the :iew man in poUttCaf Will th-y abdicate th place of honored leadership whfotl they have held for yrurs in favor of ihis interloper in public affairs? It would not lie unwise to venture a prediction to the effect that within six months Hobs and Czar Hanna will be the I most unpopular man in the republican party or in the country, except, possibly, MeKinh y. if he shall ODTJ Honna'sboss vad car edicts!--C hicago Chronicle.

DEAD.

lor tUe

Riulilluu Ulli Hat lo Wisll

Meliluley t'ougrra. It is now frankly confessed that the Dinar Lee tariff bill ia dead: and, as u

matter uf ft-,t there was urver any gopg of it from the start It wus toJ much to expect that the opposition sr list ors would surrender tlie ud van tag" the possess ami place themselves ia the hiiiitU of the iucomiug administration; and that Mr. Cleveland and the democrats WOUhl confess the failure of their tAriff l)ill uud pass a republican measure, so as to smooth the way for MeiKnley and save him trouble. It would be a case of public spirit triumphing ovt r polities, w hieb htiB never been soon btfore la this or any other country. ntl it is well that it should be so. We do not believe in the Cleveland admit. ,st ration attempting to do wliat th-

I ig b iw t lected Mr, McKinley to

do, or of the present coi gn ss attcni't-

ing the tusk of straightening out tlie difficult matter of our revenues and the t-arilT, when a eOBffreg was elected otilv a few weeUs ago. fresh from th.people, and. it is to be aippo-cd. in fill" alignment with the people nnd instructed ns to w hat the want. It is far hotter for eaeh administration to

th work coin. tied to it. nnd ipato itunfortunate matter that it the pgopl st h g iu this get what thev t.ant. In

100

One Dollur is true onlv of i ,1 s b.

psrllla It lOOceii uuy ttiirel llooil a t l.i n ti Bced a tilts),! puruier aad uurvo loi.lt beeag1 Hood s Sarsaparilla

Is the best la f.H't tin- One True 111 I Pn Hood's, Pille eupe Liveniisi . . Z iiuou 2 rill take, easy toopemu, oi -lll.il . doling Mmii. Wonderfal things happened when old people were young -if tho bmbi ry of oM people Is to bo trusted. "My young friends," said a lecturer in tag Conn ille academy lyceuiu com, "let BBg urge upon you tbe necessity nf not only reading good hooka, but f OWaing tbein, so that JTOU in.iy h n raeourfg to tham gt any time, w , .-, when I rag n oang nian 1 used fro, qnentlv to work hard all night to earn money to buy books, and then got tip before daylight to read thei..! V ' ut h's o. up. ui ton.

OPINIONS AND POINTERS. The republicans have placed their order for throe more senators, to lx- oV ÜM-resrl in time for the extra seasion. Detroit Free I'resa. Trust continue to grow and to multiply. It is time to sny the fact that no mention of a policy against them is

made by Mr. Hanna. Svengüli Hanna has calmed the ruffled apirit of Trilby Heed and hanged his warlike voice to that of a swallow tsvittering in the eaves. Chiongo Chronicle. The real reason why the republicans in the senate did not want to take up the Oingley tariff bill was that thia would bring t he silver question lie fore the senate, and the free fMtnefe ubstitute would agnin 1 passed. Kansas City Times. The problem of managing the trusts is a difficult one, but ntteinjit -

FELT IN IOWA.

Trouble AatMtffMUSsf Among the Terr llmite Miners. 1 I KHK Batm, Ind., Dee. 2. Trouble is antielpsted among tlie miners of this dist net. The ojieratort of district No. II threaten to cut the recent coiieeaaions in ortler todemorgllgg tlie miner's un.on. 'l'ho present set 1 lement was effected under pioteat. Tbe men are nil in an uly mood, and Iroaule may break out at any time.

gtvr-l(e hing r fTt-ct of Hie I allarasf tin Nwtlonul ltmik of llunul. Drs MoiMM.la.. Dt JJ. Des Moines banks have been called to the aid of numerous country banking oust tner who were embarrasied by the failure of the Niitioual Hank of liiiimis. The t liieago institution had a large minilvr of accounts with Iowa banks, seattorog all over the state. Winn il el- sed thev (eared their drafts ggj it

would Wiring tervguu.

not be paid, ami negsu Dob Moiuos bankers lo iu-

will be made to solve it until they ore successful. The "coiubities" ami the republican jiarty liad lxtter recogtiie this fact now than lateT. Louisville ( ourier-Journol. It required a year and a half to Ihe Meh'inlev bill antl about gg

loug to pass the Wilson lull, and yet sn,ne people appear to believe tluit the extra aession of the. Fifty-fifth O B gress will pass nnd have in ojveratioii g now tariff measure befotw the end of May - SU Psul (ilol. Still we (hear Ihe wails of those "tariff reforniere-' who helpesl to elect MoK Haie for the sake of the gold I leadanl. 'I'hey do not ggggsj to lr able to

WalJOSf the MeKtBlej trust, and nio Mfsgfj protection pitta Ihit the PttlaV biirgh I'osrt, ennnot reo how a p;g iron trur.t Ib njiy worse thnn s gold trust. Tbe mission of denxorncy io to keep up the so- on both. Illinois State lr-

0 odertake not to un! It is a: should t. eountrv I

other gtrantrioa a newiy-ei ctea imriianiont or iuembly goes into oflioc at once nnd ln-gins work at once, carrying out the popular will. Here we have to wait at minimum four months; and unless called in extra session, the new ly elected congress does not meet untl. 13 months after the election. St that the people caunot get whnt they ask for and vote for in less than a your. This is one of the defects of our constitutional system, due to tlie fact that the framers of the constitution feared sudden popttlfUT ebullitions, and deemed it best that there should be a long interval between the expression of the popular will and carrying it into effect, in which time an Opportunity WH.S offered for the people t eool off a little. Whether this vii-w of the matter is right or wrong, the fuct remain that it is the law; and under tins law nnd sy.stetti it would be far lietter t i leave the passage of a revenue BteggsgrO to the McKinley congress-, which goes into office in March, ii . stead of attempt'ng to pang such a revenue Bligf urf now nnd relieve the coi gn -ss-i ! --t

from responsibility.

Public sentiment has boon dr'ftmg in that direction for some time, in spite of the efforts of some few enthusiasts to relieve Mr. McKinley of all trouble

and smooth the way for him. liiere publicans seem at last to hare av;d ened to the fact that they cannot ojwet the present congres to do theii work for them, and tho action of the republican aenatorial caucus in refer ring the Dingley bill to a sitting committee is accepted as evidence that they have no Intention of sincerely attempting its passage. Winterer is 1o he done in UM way of reinforcing an 1 strerof henlnff OOr revenues w il) le done bv the congress elected in November, which is supposed to lye more in accord with the popular sentiment in this mat tor than the congress now in sessior

X. O. Times-Democrat. TRUST SMASHING.

A .'.oil ( hnner for Kcpii-ille-m to Rtiow 1 homselve Honest. The p-' s tb nt's s Jg? -tion th. t th states rn y do much to break up lh trusts and monopolies is fruitful. Wise Iggrg in regulation of OOTporntlotMl which, while preserving their useful r.ess as sonants, will curb all abit-c u( their powers, would strike a dj adly ilow nt monopoiistio eomblnationa. Hurtful moiiop.ily is tisually famed one of two ways either by govern ment favor in the form of legislative advantages or by railroad disoriminat i n in the form of special rates or rel ates. Usually both advantages arc erijoyetl If the" states visited severe penalties upon railroads guilty of dlscritnlnatloni 0 11,1 upon corjxirations and individuals 1 ntering into eombi nations to regiilntr prrKluction or prices, the trusts ami nm nopolics would be badly crippled. The monopolj com bi nn tJong could be almost orgeded out of the states by the en foreenient of the principles of the com men law. Put the other trusrt coign of vantage,

the legislative privilege. Is within ttie scope, of fed-ral pow er. The sugar trust enjoys a differential in the tariff which entitles It to defy outside competition .ud rob tho eople. Tariff discrimin.i tions are enjoyed by a host of trusts nnd combines. The Iwpinning of many of the trusts was founded on the bounty tariff, which la rtill their ehief bulwark. Let congress, in addition to making, lows to prevent the op -ration of trusts within the scope of federal uuthority. adopt the rule that every article handled bf a trust or combination ghall

bg ptaeed upon too free list and the corner stone of monopoly w ill bt kaeelien out. If the republicans nre sinore in their profession of a lesire to snlnll the trusts, here is an oin-nitig. St Iiuis l.Vpuldie.

shod Ks ratsl ttoo The road org of this paper will b 1 1 ko learu that there is at least one urw 1 ii.s, I-,- that !-icnee h is been able to con lg all its stages, and that i Catarrh. Ilall'i Catarrh Cure is th- only positiv 14 known to ttM medical fraternity, fata rfc being a coos ti tu tional disease, reuui 0 a c- n t itui lonal treat BMot Hall' 1 tarrg Care is taken internally, bcUok dire try upon the lil'i' d und iiiuci U" sorfaeet of 1 ByoMBB,tnarel y destroying the :- in 1 itiog oi' the disease, and gfeing tbe batienl stitsncth by lulililiiiK upthe euiistitut n ind sssistiui; nature iu doing its work Ihe proprietors hute so nun h fmth in i's i-ura-live powers thai they nffer One Hundref Dollar for an v cusp that it fail tnearv (send fur list Of tsst iu uiiaU. Address I-'. J. I'HtvKV it Co.tToledg 1 1. Sold by DroggiBts, Ti'-. Hall's Fauuly Fills are the Mot, 'Fscto Bob, what is a pedeatrlaal "Whv, he's the fellow who makes a row when a bioycig runs ovi rhun.'' Cbieagg ' Record. Gitrilrn Spot of the South. Tfjg Paswenger Deipartment of tbe Lonin rifle A Nasliullo li. H. has just Issued a bun bed piiK't- uool yiith the above tit It Is ties. Motive of th" reaonrceg and ca)aWli t - 1 of mo soil ol ihe ooantit s Ij in a a ? tins iino In tbo ii it -s of Kentucky. Ti ai a, e. Alal'iima, botttbera Mississippi and Western Pli la. It alsacoa tains acot aiauof thes ore mentioned täte. ana M v ,-fi w rtl v of a perusal of any obetntu rggted in tho Buutb, A eopt wi.l boa I M gay addresa upon receipt ot tea centaj - v-r or sumps. I v c. F. AiMoiig, U n I -s. A"t.. I. s i f, Ky, tS i-tnitith y eitcurBioua Uouth. Write for particulars.

HoKvBs-'T met Huffalo Hin when I

was in Chicago the last time." retry no Is ggoal the only 1 1 you ever nu t, isu t hol" Cincinnati F. , rer. To I n) a PoaaltJ fr Dining Is rattier hard, isn t ill Yet how tnany aro eompelled to do tttis af Mr ever Basal Pya. peps a, that inexiiralilo ersee-it.ir. t.'-ter ceases U toruiout ol its own oiiti D 1 rareiy yie.d t) onliuary BMdlcation Bet traaquu nv of the rtoeaaoli is In atore fr Ihose islio Jt rsue a eiiiirse uf li ' -t Kt...iT,ii, h Hille, s This fine furre. m i. -)

awBsdtafl malarial and kidney oomp aiul

rbeiiiiiatisin. constipation, biiitcx.ess

aervouBuesB. IT Is not what we have, but what ggf With v.hal Wg have, that prove 0111 -n tcr DTOUtOtMMk Dun'l Tobacco Hpit ml Smoke io.ir I if A w ay. if rea want to aalt tobacco obIi ' nn fnrv' vw. benade weil, atrmg, tnai c

ww - ... sw' . . I I .

f 'w ite ami Utfnr, use " 1

3

full

,1 i.,p u-nrki r 1 ii.lt iiiu.t-

trotuT. Si my train t-n naonda In b ;-'. Orer I ,0i0 cured. Buy No-To-I yi.ur own .Iriiindst. who will c ' ' ", f euro rtooklst anil aatnple tuaih KU-rlii.'- tteiuedjr Co., Chicago. I Kan V'--

11 t what we ia " oft that mas SB us i -

stiffnes!

Is this world it is butwb t ocive up

H. W. Utsiwber. m Wim e n- e ., r d soren.

AD riirlit. Ht. .lac s till inu it. Tun man who robs another of I I teal ggoai byUMtrwatwtiog -itatn ra . ti. nl Husiuess lleeel at II.'"'1

I". ' . v . ..i-l.l " 4 1' UM'

ular. Add. t gl'. L Kelly, Frei

1 al. M.

t i pai t .

his besl wil

i a.

1 ii n ti i a ' who www " - . aadM - lydemano for tne things that a caudo - Kaat's UoOn.

Tun sanis - old or new rheumatic painsSI Jacobs t nl wih cui-o. Esi-.uuv and pei-slstence conqu. r a

tbiog iieiijimiin r raaaua.

Gladness

UUMkt w ti ani

Come:

Xhe republican Ifgaflf have c.n r luded ty brpin their tariff afitttl ion nt once. There is no prospect of the pasv.'iL'o of the Dinpley bill in the aenste. and there is no ehaneo fur mttcb dfl turbtuice on that iscire, s, I he vtsys nnd tueatis somnnt tee will begin at oiiee 0 apitnte, with Ugg view -f beiuf pr. pared to po into Uta extra session readj

for the fipiht, whleh Mtfng probable in v ier, of the ropuhlican diffafetWga 'n the tariff qnaatioa, nin;rha:t ton (N. Y.) header.

. .....ttrnnditicr of

a netter u..t.. ,

lSient nature of t e

l-tal ills, which van. sii - J

f,-ls elitlcetYii

rigntlV directed.

actual d

SlC

pieasi

-:.. ,,p,ini

Svrup oi r i- i

Kg rdanaantafforta a , ... . i-t

Tliere is conn

, z i ii it. ko niauv

t ie KllOwi'-uKt . . . , ii in a n

sickness are . rttlst ipatedcon.

ease, inn simp t , ,e nleasa

a! ft,, tv I'll, w'.i."

WM t v,. ...7

family laxaviy , - "r - . tl. , t ly removes. .! JZMet gnd

remedy witn mim"- Li-ajw by I Lwwm esteemed so nuniy "1,

" J i i..0lllv Its benriu

who value tro.i t,.1 ,t is

(Teets nre due to me "Z ,. .....

Majba t he reason a sdOoTl lietars. much talk alsuit reciprocity now Hftt In tlie itiereated resp'ct in whieli Mr Me KiTilev is lit Id Ktlice his BUCCOSS St the

jioiis. ftm waa oppon d to the lnt.rodue

tum of the reciprocity clause in his tnnn bill, yot, hnow. nnd ngjitnt on in itafnvot mlTht offend him, - St. Ixmis Rrpuhlie

every w here estecme.

w ho value

etvects nre iiinr ia -- ;,,ieri one remedy whleh V Jj cleanliness without debilitating orpans on whieh It arts. II ltal r alfimporunt, In OTJOgat" flcial efTecta, to note whe B 7 rchasev. that JC "the I . ele. which is roanufiutu ,(1 tornta i'iir Syrup to- only ana 11 reputable drut aesV

If in tne rnj. iasat ves nnd tbo system jeeded. ,.,her remedies lire then in r aniiotcd with any ' , , , ,U. i may be commended b t t plvsici.ns, Imtl ' , I iU,' ÄÄ" j