Jasper Weekly Courier, Volume 40, Number 32, Jasper, Dubois County, 15 April 1898 — Page 7

WEEKLY COUBIER.

JASP

INDIANA

A CASE OF LUCK.

i

tnnt all m mi ate horn fire and equal, tli.it our htBSnta hul tad MM

Winn I went to t tie office my mna Ml nut in lint I met KerberU II htm

natural rights as ourselves, thai uIh magnificent spsclBMB and I could not

:ixa

Cl.l'V 1,1 atal li. if,

. a I . .

BI3IMS i Ch'KMMlVt Ol Itfim 'X"nrnce ami having math a : jm- - i mhIm ii.ii iit tlix i itniiicr-

1 liii r ina n v tt ml n IftOt MM

. 4 .... 4 :

tli.it an' II"""' Ur le.ih ruin i.uiiiuk Opening I diary at random, 1 find ,;, - oi il"' eeaa of Hubert Meredith. xiN Qrtt knowledge et Um young man iLkAMh n l..t,.r friilil K4

CbinC l (J in wnrafi father, Sir II ulrt Meredith, a man with Isrge landed ponwilm s,ruK w ill nf Iii BWS I will vita you souse history of the boy," wrote Um eld gentleman, after wt bad ionic correspondence In Which it was arranged that I BBS to fmploy ui.v Uaae end pswrnaalonal tai,.tlt.s in looking f- tha ion. 1 could imagine the elder Meredith, u aelf,i, eholerle gentlensan, who ami need lo having bin aarfl nrey within Uia , ;. .if bhv family anil IriianK. BI frequently underlined Iiis sentences ,mi there was tiger in In lavnguage thai can only toting from a masterful spirit. "Hubert was always relM-llious and Intractable," declared tha father. "Being itroflg ami athleiic. and taking to t Uc rOQglMBi boy ish sports as naturally as a tish takes to water, his spirit of independence gm With his years, ami 1 had no taste for the accomplishments deairabla in a son of my house. He would rather ink.' a dive from the lida of u elilT into the rlrer, hack a Hd cult, or wrestle wib some of the village boor, than to pursue klaetud j, though I provided him with some Oftbc liest instructors that wer' turned ant of Oxford, my own alma mater.

I In rutted upon hla tutor disciplining ,,..1 Iih knew a Bleat deal UON

J I III. . - about the sensations that accotnpanji

a eood caning than about (.reek roots

.... .1... t... unties that ran l.e uniouuu

VI im mwaj 1 through a knowledge f the dead tan images.

"But no amount of punishment

seemed to tame his spirit or raeoneih

hin to the task of being a gentlenann. Bad In- not been an only sou. and a very haildaoi "e at that, I'm certain that 1 would have sent him to sea or found hin lOBWJ kind of subordinate service in India. While he was still n mere BOJ I reached a degree of desperation hi which I decided that if be would only look like a gentleman 1 would try

be content. Hut 1 count not nirr

to

th.

1 im to not on the appearance,

Clothes or UM airs that belonged to his . lass. In bin hurry to reach the fresh ai.- ha would neglect all the essentials f the toilet, and bf the time he returned from Home boyish expedition h would look as though he had been roUtafl about under one of y our modern Itm t sweepers. My gentle wife Baad to remind BM that the wildest COlta sometimes made the best hors. s. but it made BM angry, and I would say tnat if hi future goodness were but a tithe of his present wildness. he would Indeed be paragon among men. He would at hast be a premier. 'T,i:t the boy grew worse. II Would climb where a gOtl Would not venture. He A'ould sliile with Hying hair and shouts of exultation from the roof-trceof Ike houae, and depend upon the ere-trOBgh to prevent Iiis dashititr tu i'ealli When there was a roll

In the tabl that was too wild and too vicious for th experienced nun in charge to handle Hubert would take him. and thie w ho saw tin in say that Hm battlea Wert like those with death. The punlahBMUt he received was nccepted as a matter of conrae, and the bo) slept the sleep of the u( under B Conviction that ba had fairly and eojuarsly paid for his fun. "1 regard it as a miracle that he grew to the age when we could decently pack him off to aehoot. My deciaton to have this important step in bis career taken, eame in a characteristic way. We bad the ehlef dowager of the Brkolc se.-tion to dinn r. In the midst of the mi al there was a popping fire like that of musketry, the room was full of smoke, the dow.iger TM tfl hysterica and the boy was like to die

from laughing. Be bad packed the prings beneath her chair with Br r.u l ers. attached a fuse, and cunningly llgkted it from where be sat. That determined the whole matt r. We sent him to school as soon ns practicable, and also Hint fair warning of the trouble that he was I la bid to BUdtC. I will omit the trouble- that his inktructora had with him. "When Rubert came home with bis handsome figure, bis stylish clothes md his cheery laugh, 1 w as delighted.

RS BSM was ever better to look upon. I'.ut the happy dream was cruelly dispelled. Iiis agg resales and lawless nature had only taken anot her direction. I think if bf bail only been :i überall I could have forgiven him. Hat be was a radical of the radicals. The first time that the political situation came under consideration at the table, be simply threw a firebrand into - powder Still, We elders were no! ml) loyal adherent! to the throne, but prreatcd the idea that the middle or lower Bbasea should have any voice in government. It was our duty to ' win them, and theirs to be grateful for this constant solicitude for their Interests. We renewed our pledges to the eatabtlshed church and prayed for those who sought aalvsUoB by any other route. "üiik- Bel f ton, who sever did have Say too much sense, had the indinerction to appeal to Hubert. He straightway announced the mnt pernicious doetritiri of republicanism. He did not at all uvree with us. lie believed

tnau's religion w.o. u matter between his Und ami himself, ami that m Mtb odist was just as liable to be saved as SB lip. s. 'opal, an 1 will acknowledge that 1 never was BMBB Sngry in mv life. I had u narrow escape from a stroke. I did not measure my terms in condemning the hcrcsb-s of my son, aud when he left the table there was a i in ral nod of approval from my h ;.'sts. "That fall 1 was induced to stand for parliament. The man against me

po-ed as a man of the people. He had nothing in birth, character or ability with the nobility. Hi was a mere groundling! but a guest talker Bad had a ten way with him that appealed to the masses. ll- even cor

rupted my oven tenants. Hut what is

Infinite!) worse, he corrupted my own

ion. Ha took the stump. Ha out

ranted the ranting candidate. Myoniy on, with l it own name, told the peo

ple in a score of different ways that

I was not in lympatay wttn inetr

want, that all my thoughts were re

mote from t heii aspcratlons and that I had BO ju.-t claim upon their votes.

I was beaten, and when Hubert

Cams home I not onlv told him In the

most taunting terms that he was d:stakeritad end tnat be was so son of mine, hut that I never wanted to s e

his face again, and thai it would be the aim of my remaining y ars to forget that I ever had a son. Then I struck him with my cane, and I have never been able to get rid of his Uok sake turned away, clenching his strouf hands, but never offering to reaent the blow. It was more than I could l.ave none. "That night he took his boat uml rowed to the nearest seaport, after taking leave ,.f his mother and s:stcr. The best detective ability that I can

i in nlo v on t hi - side has only ascertained

that he embarked for America. In

vi itigntiontbna far baa been conducted with B view to avoiding notoriety, ami

it is still my desire that my son lit found without giving unpleasant pub

Helta to the affair, if possible. But Und

him, no matter what course must bf pursued. 1 am older and wiser thai.

when he and I had our differeneis. I

thought then that bis ideas were revolutionary and subversive of pSJBd government. Refosmntorv ehanarea, at-

tended w ith salutary rt suits, have a!

ti-rid niv ominous. I lie boy was

- , w scalar right than I. Besides thl

I have; the strongest paternal longinga

for the boy. I want to die with ; knowledge that he is worthy of hi

sneestry. and tan! his future is well

provided for. "As this communication is confideii

tial, 1 will add that the young man left

a sweetheart behind. They were af

fianced lovers and she has never erased

to regard UM obligation a.s binding She made the mistake of saying when they parted that ska could neer Bp i .... 1...

prove ot loin, so ion as lie inuncii obedience to his father, and his paid has kept biro sib at toward her as toward the rest of us. She is an heiress, and would give all she possesses to

have the former happy relationship restored. Do not spare expense unit your success will remove all qOeatiOS BS to the correctness of y our bids." No detective would want a plcBSouter commission, so far as terms were concerned, but it lacked as though 1 bad been asked to ftad the proverbial needle in the haystack. I had no idea that the scion of i nolile house would retain his family BBnM while roughing it in America. Itgnred with t ba fencral run ot stscb rash adventurers, he had found his practical level in some humble employ meat and I was confronted with the appalling prospect of sizing up nil thi re.taurant sssitersi saloon attaches .. d that large clasa of nondescripts throughout the United states who live upon their wits and call their SamJnge easy money. No telling into

WBBl channels young Meredith had drifted. Bttl I would not resort t.iailVerttaing until 1 had exhausted all other resources. Th old gentleman had seal BM B photograph of Hie

young fellow, taken ten years before, and the strong, attractive face, as 1 studied it. Impressed bm with s eon fiction that I I bonk) not look for him among the weak and unworthy. I may be superstitious, and 1 may be right, but I bare long bad n pleasing Idea thai I was not dependent upon myself, but was guided In thought and action by some occult intluenee that must be BBttgkf for among Ike other ysterics of our existence. While I was thinking over ibis case in which there were such financial possibilities. 1 was called to th telephone and asked to see .Mr. Whitler at my earliest convenience. He is a wholesale jeweler, and a man of large nuans, so 1 made it convenient to go to him at i nee. He had been robbed of BOBM precious stones and other valuables. The thief was an employe, for there

had been BO luirtrlary and no one had reported the losses until they caincto the notice of a foreman in one of the departments. Enough had been learnt . 1 to know that imitation jewels had been Substituted in some of the work

hut admire the evidence of streue 1 1

pervading his entire person. He im pi essed me iu a giant in mind and body, and his bearded face apnesred fi miliar to me. His whole manner inv ited frankloss and 1 told him, without i.-erv, what I was there for. He sat for a full minute without saying a word. a parently w eighing some important mailt r in bis mind. Til teil you," he began ebauptlej "you're on the w rong scent. The young man you're after wouldn't steal a for-

THE TH AN SF IG U RATION.

m an

sent out. and there was a BOUbls loss.

for these good Whitler pect. He the loss could be

counterfeits must be mad

did not know whom to IBSr would gladly hai a pochetad and dropped the matter, have been assured that the

robbery would not he repeated. It going over the list of those in the department where the loss had occurred we found the name of a young Engli hinan who had 00 to v o i. fad Hubert V ( '.. the largest wholesale coal firm in the cit.v. He seemed tfl be a man of varied accomplishment, tot he had shipped from a lapidary tu bookkeeper. Such a range of IuhVwV edge tends in itself to create suspicion, und I concluded to begin on the yuug hourlisbman.

une if be kn vv the theft would never .. t i : ... : . l.' .. .-l I

e (liscovereo. I sue" i.iin in r.ugiaou.

I thOUgb be has no knowledge of the

fact, lb- was hied right, he has lived

right, and you couldn't foree him inlo

'. ishonora ble action. Look somewhere

lse for your thief." "You knew him in England?" I said,

while it eame to BM that, with IIIS beard off, Herbert, the successful man

ot Inisiiit -s, woniii in tue jieriu n

Meredith whose pieture lay in iny lb I k.

Yes. Hut I do not care to go into

that beyond what I have saul ill the

way of vindicating him. He I trying

in make his way. single-handed, just

IB I have done, and I purpo-e helping

him. If you lirlng Dim into any trouble, let me know at once. What

ver money can do for him will be pro

vided immediately, nu la a younger son and has been wild, hut he is above

suspicion, and there are nssociatioin

that make Ins. interests very dear to

Ba das it. in him to grow, and

I'm not going to have his career I polled. I have employed him with a lived pur

pose of athaneing bun as rapidly as it . . " . t 1,1. . nu.

can DC none .vnnoui iiiwimm;; io.-i

nicion thai be is being patronised.

-You aaj tnat you are a seu-nurae

"In your best American sense of t hfl

term. I landed here wittiout cnougn

money to pay a week's board. What

do yOU think was my first engagement? j Supe in a theater. Yes. sir. it was that or starve, for I'm as set against going

wrong as the young man y on came here looking for. Shortly I became BBUdUO tor on B street ear. but S COlllsiOB tfcrSW me out of the job. I must live, and soon found myself a coal heaver. There was a strike while we were unloading one v. sm I, and I asserted my right to work, Bl I felt it necessary to eat. TbergWerS n few others who took the same stand, and that made us 'scabs.' In the inevitable row that followed I must have displayed a good deal of prowess, for the Captain and owner expressed n great admiration for BM. The latter was pleased to say that T was evidently meant for something better than a roustabout, and it was his own suggestion that he would trust me for I Balg of coal, if I'd start a little ynrd and acOOUOt for proceeds to him. I accepted, and that was the foundation of the present business. He is the To.' I can lllaposa of my jewelry ease by saying that I found the thief in the foreman, who is still doing time. I did not pretend to Mr. Hoheit that 1

knew him. but cabled my innemmuon to his tilled father and told him to bombard the eal merchant with the right kind of letters. The old gentleman was vvis and evidently knew the blood with which he had to deal. His 1, lb r was be art breaking in is humil

ity end its pleading for a return of his hoy. Be could never die content till they WBta together an 1 reconciled. And there was another letter. It was the OUtpoartng r.f a woman's love, a yearning to see him. the story of bow she had MUlChed and longed for him, faithful through all the years of their separation. I made it convenient to be at Hubert's nfliee nhnnt the time he opened this mail. !is fa e paled and his hands trembled .is ha rssd, but his husky voice and the soft look in his eyes toM me more than anything he BOUtd say. "I'm suddenly called to England," he

Informed he. It is Imperative, i m goh,r to lenve the business in charge of the voting Knglishme.n. and 1 want him to eonaull you every day until he masiirs tiiis thing. 'Pie man in the yards knows all detail, and hi t. l.e depended upon, but 1 want you to see that the sharka don't get young Chester. He has yet to leirn the ways of your shrewd Yankee deab rs." "T UCSStfd as much." laughed HitBBTV when I started at the name of Cheater. "I began to asopeet you were after BSC, and no one is BM dB

Hgkted at your SUCCCSS. It WBS largely a matter of stublx rn pride. Yes, that's Cheater, kef brother. He's nil rlgkt In the frata. I" cabled her to get her trousseau ready, and told the IfBOdl old pater to kill the fatted calf. As soon we touch at Liverpool I'll be Hubert Meredith again, but I'll retnin iti i i ( t . ' HI 1hls business here.

because it will be a constant reminder of the possibilities op n to a man in this glorious country of yours." There were great doings when the young man returm d home. The tenantry were out in full force, cannons boonud, bonfires blazed, speeches were made, nnd 1 learned through a letter to voting Chest, r that the old gentleman danced every set. A little later came the wedding. Tor my simple part la the affair 1 was constantly talked of among those foreign blue Meede, the greatest living detective, t snv nothing of the munificent fee sent inc. It was a clear eise of luck, and genius often gCt the credit that belongs tO luck. Hook-Keeper.

RUNS UPON THE TREASURY.

tatrrttatlonnl Kund) Bcbowl l.oS (or April 17, IMM. lltased SgttB relOUbet Ölect Notes.) THE LEMON Matths tld Read Matthew 11 SnSl I NU r tSeti aJsw Usrk :2-l'. Luks ttt-tX OOLDBN TkTXT. Ws teh-M His lory. the lurjr ss uf SM unly BSBJSttea IBB fattier. Julin 1 .14. TIME.-Autumn of A. I). : a '-k m . r . :. .a,, ti. Um i.'Kht, pribiy lowai-a BMrntns PLACK.- ProBaMy Mtuv.t Hermon. or 9ii of It sjiura. In the vteunty of 0rtra, arbara Ju and It .a ilirlfiaa wire ths aeab bfor, thousn tmdtuon dating tram tfore i tie founii cvntury places It n Muual TaUir in Ualilta. UDBSJOM NOTES. I Tin- Prayer Meeting on the Mouu tatai V L A week uftcr the conversation recorded la our last lesson, u which Jesus made known to His disciples that

lie must ere long Miner and die, and be raised SgSiB, B n veiation that shocked the disciples and threw them into the gloom of the dungeon of giant despulra Jesus takstk Peter, .lames and John apart Into S high mountain. It was tbo .une favored three who had gone with Jesus into the room where He. raised .Jairus' daughter. A few ROUthl later tiny were nearest to lliin as Be prayed in rjethsemanCS, und still later were leeigmed as "pillars" of the church (Gal. -:') There was no favoritism iu this selection. Ba simply advanced to higher studio., those who, by faithfulness in the lower, bad made it possible for them to understand and use the higher. IX The Answer. The Transfigura

tion. v. I, The word rendered ra asfigured" implies not merely a change of OUtward form, as when Satan took the appearance of sa sngsl of light, but a real, essential change. "A foreshadowing or prophecy of his true form His distinctive character comes out in bis transfiguration;" "a revelation of Deity breaking out in that glorified face, which annealed to something

lb i per than sense." M. H. Yin cent It was the true nature of .lesus, an described by Paul in Acts and by John in Bevelatiooa 1 : 13-16, akining tkrotuyk His leak and His garments, as by a light from within, as the sunlight shining through dull stained glass windows reveale the true nature of the picture. And It was in their presentee, a bile they were SWake, as Luk expressly says (Luke 9:39). And His face did shine as tbetun. Nothing less than the brightest and most glorious of ull ohjects within human knowledge so blight that it destroys the eye to gae directly upon it could express the radiant glories of Jesus' face, wlc n 1 1 is Ib av enl nature shone through the veil of lbs flesh. III. The Conference of the Three Glorified Ones. V. 3. "And, behold, there appeared unto them (i. e., thcilisClplea) btosoa und Elias:" the Greek form of Elijah. These persons were reallv present. It was not a vision, as is

Plata from the account of Luke. The

representatives of the law, the prophets, j and the Gospel conversed together. The Subject of their conversation i reported by Luke. They spoke of His decease, His departure. Creek, "exodus," which included His death, resurrection, and ascension. This conversation would enable the disciples to see the importance and necessity of that which they most dreaded, and which was to them the greatest mystery. Tte atonement OB the cross, follow ed by the resurree'ion, was the great event of the world's history; this vvns the culmination of the salvation brought by the Messiah: thll was UtB great act to which all the sacrifices nppointed by Moses looked forward, and which gave them meaning and value. IV. The Three Witnesses. V. 4. "Then answered Peter;" After they had looked on awhile, nr. I the heavenly guests were departing. Peter ans ered not to any question, but the feelings nid questionings that the scene awakened in his mind. "And said unto Jesus:" Anxious SB eoniinue in such heavenly company, but "not knowing what lie said" (Luhe), not realising the full meaning of his proposal or its effect upon the mis.sion of Jesus and upon the disciples themselves. "Ixird. it is good for us to Im here:" The experience was good, and would ninke him a better and more useful man nil the rest of his life. It widened bis outlook.

Jesus made no answer. The events that follow ed were the answer. It was

not rood to remain there. There was ' need for them all in the world below. W. ir I i li ir for Jesus was better than

" - - standing nnd gazing at His glory. V. The Divine Testimony. Vs. 5-7. i Even while I'eter was speaking "ixhold, a bright cloud ovsrshadowed thami Snd behold a voice out of the

cloud, which said: "This is my beloved Son, in whom I nm well pleased; bear ye Dim." And the disciples fell on their face, nnd were sore afraid. The great manifestations of God's power close at band fill the soul, conscious of weakness and sin. Wtth dread solemnity. But with brotherly tenderness, Jesus eatna Snd touched tl em. and said: "Arise, and be lot afraid." VI. The tU turn to the World. Vs. 8, 9. And when they had lifted up their eves, they saw no man. save Jesu.' only.

And as they came down from the mountain. Jesus charged them, saying: "Tell

1 lie viiion to no man. until the Son of

Man be ti "ii agnin from the dead.

1'ntil the resurrection the iliseiples

could not fully understand the mean-

hag of this transfigure ion so as t tell

it aright, as to .b sns' nat ore. His death, His resurrection, the future life.

thm BevtMeat f Gold Is Coatrlla to av Great Klet by tSa Monrr lower.

MONEY IB THE BANKS. IHrw It la AST cte Or ! KapMaleaB at Bvtlsrii fkruaehaat tbo C"rr-

Some of the gokl standard pajiers are fxulüng over the fact that do runs are now being made upon the treasury, and they sagely inform ua that when there Is no danger of the money standard being t a mix-red with the people don't care for the gold. They forget, apparently, that the hearlcst runs upon the treasury took place in the very midst of Mr. Cleveland's administration, long before the Chicago platform declared f.ir f ree silver, when there waa no indication

that it would do ao, and when in fact it looked n if the free silver cause hal rcceivi d' its death hluw. They also forget that the runs in a great measure ceased in the summer and fall of ISM; when Bryanism Mrs sareeplng like wildtire over the country and BBBmod to stand at ha ' an even chance of winning. What do these facts prove? Simply this: That the great financiers "an either loot the treasury or stop looting it, almost at will. Another bond issue in the fall of l'.a; would have landed Mr. Bryan in the presidential chair, and the fttorgas -BothaChlld syndicate sanv to it that there was none. Nor would it have done to have another imnmdiately after the election, for it would have belied every campaign promise that the

gold men had made. Shortly thereafter the heavy exports of giain and breadStuff, turned the balance of trade this way, and cheeked the outflow of gold. Hence there was no occasion for runs upon Uic treasury. Nobody want gold for Internal use. Paper is almost universally .referred. It is the foreign demand that rakes the treasury. That foreign demand must be met whether we have the gold standard or any other. W hat, that foreign demand may be will nlwavs depend upon commercial con

ditions, subject to the great ability of

the money power of flic two continents to interfere with the free flow of gold by

manipulation of the exchange. Hut this

1 a thing which will not ami cannot ne

continued indefinitely. The controlling

factor is primarily the course of trade.

Hut loans and other investments creating a condition of indebtedness separate and Snarl from that w Inch arises

from the mere buying and selling of

coods will al have an important. bear

inc. If our exports of merchandise

amount to $100.o00,0i0 more than our

Import, then with all other condition equal, $100,000,000 in specie would come

to us In settlement of the balance, nui

if we had an interest ehnrge of $100,000,000 to nav. or if we paid a like sum in

freights, or if American travelers used

the same amount in meeting the exf their ioumcvR in any of

these eases the balance due us would

he absorled and we would get no specie from other countries, unless it were

sjeatnleaeoeee. -oh. oh!" BMsmed Urn, Weeks, who anM suffering from a decayed molar, "win aren't people born without teeth, .. . ,V k. i in. ."

(i use o mi""

Why. my fleer,

exclaimed the bUB

band, "do von happen lO Know an von that wasn't V" I'ittshnrgh ChronicleTelegraph. n I p. Lucie Hob I hope ou stnnd wtllln school. Peter?

PetOI YnsMir at the frunt of da mUum. In a corner next to teacher.

Philadelphia North American.

QUI. MM ON THE LI BSON. t. Vhr- SSd BMaST w-hat clretimstancea lid Jesua" transfiguration take MOBSt 1 DeaorHx) th apj.aran'c uf Je. ii as the dlsrlt.l" . stw Him at this time? I. Who appeared la Ii seventy a'ory also with jesus to ti roiiing inolplsat 4. What sj.nlal StSalfloanCS, If any, did the appearance of BfOM awl Klljah havet 5. How did God Himself aeknowledRp Ula dlvlna son? Why w-rrn ItM dlarlples afraid? 7. Of what value was this rxpPTi-nc to th Alactotos; and In all aes since to tha C'hri-tlan vrorld'

A fine disposition ers plenty of One weather. Kam' Tlorn,

aenthere simply for investment. Hence

we see that in dealing with the move

ment of specie we cannot conflne onr

observations to trade balances alone

If we hao no foreign payments to make

except for current purchases of goods

we would have no trouhle alsout our re

serves for either gold or silver, for the

balances are akmost universally onr

way. Put we have heavy charges to meet entirely separate and apart from

any matter connected with the mere e-xeange of goods. Our foreign debt has been variously estimated at from

$.-),ooo,ooo,ooo to $1,000,000,000. Very little of this vast, sum lia.s been actually

ent here for investment. The great

hulk of it is the result of reinvestment

in profits Which profit themselves from the labor of the American people. Itnt the interest upon it has to be paid just the same, Bodo the freight charges and the expenses of the American travelers. The aggregate amount of these can only he estimated, but Is certainly rrot less than $J50,000,000, nnd itis probably eonaidernble hi BJteesSol that Fiirn. During the last year our sale of goods exceeded nur purchases something like $3M0B, 000. And yet the exports and Imports Of gold very nearly bnlanee each other. This startling circumstance can be accounted for in no other wny than by reference to the demands which Kurone höht sgulnet no la the shnpeofin-

terent. freights and travelers' expenses. Put coinmerei.il conditions during the last year have bven altogether abnormal.' Our shipments of wheat nnd other food product have been extraordinary. Under average crop COndHkMR abroad, we cannot reasonably expect a balance Of more than half what h WBalSMt year. With smaller exports nnd lower prices as the Loisdoo Financial News says, a drain of gold will bsgta again. Runs

noon the treasury w ill be sure -to follow

unless the barks furnish the gold for

export, which they probably will not do Thev will Tirafer to 1t:iw it from

the treasury, induce the administration

to issue more bonds, nnd then ascribe N ir, the silver ncitatlon. As already

stated the great, financiers can to neon

sidernble extent control the movement ivf gold. They enn guard the treasury against runs by furnishing from their own vaults the gold needed for exort SS they did prior to lilt. They can. fore time, check the Internationa movement of gold b.v manipulating the exchange, or by not insisting upon the immediate pay mentsof thcirdnes. Hut in the. long run gold Is bound to go where the eomtnarcial demand for it is th strongest. A treraendtoue struggle tor it la going on all Ihe time, and as the gold standard

Is) extended to more and more nations it becomes more snd more intense. In such a struggle the debtor states are at. such a dreadful d lead vantage. They

can only fUt gold by paying more for It than tfie creditor nations will. That Is. thev moat put. dow D the prices of the things which they stfl. The lower the prices fall the more gooila it takes to pay a slvpn amount of debt, and the more goods ire SObf fhS lower the prices sre, until a point Is reaehel at which te. debts cannot he paid at nil. nnd then eomes national bankruptcy. Of

course, with our Immense resources such a condition may not be Immediately at hand, but under the gold standard the tendencies are all that way. H. F. BaRTTNR.

"Matthew Marshall." in hla weekly Sun Review, has a way vA so tangling up his logic that every little while he f.-ids himself compelled to take beck track on some argument previously advanced. Once in awhile he tanglea himself up in the same paper. This is the case in his review in a recent Issue, dust now the. most important question bearing on the problem of sustaining the buahiess dd the city, and especially

of the tock market, is the matter of ho continuance of the withdrawal of

money by interior banks from heir do

poaitl in New York banks. How far will iL go, how far can it be replaced f Wa quote: "The panic of 1803 was heralded, and, in a great measure, precip

itated by the action of the country banks in withdraw ing from ÜM bank

of this city the money which t'aey had, on deposit with them. This year, too.

similar withdrawals of country bankr

deposits preceded the panic we are wit-

01 I rig, though it cannot be said wiai they contributed to produce it as th w ithdrawals of ISM; contributed to pro

duce the panic of that year. Our banks.

our government and the country gen

erally, owing to our large excess or exports for a year past, are in a far stronger position than they were in

1893. We arc importing gold instead or

i .portiug it, and both the banks and the treasury can endure, without in

jury, a far greater silver depletion thaa

that whiah they had to endure in lb'JJ.

Consequently we may reasonably ex

pect that the present panic, thougU

similar in its character to that of 1803

will not BO extensive, nor produce so long-continued depression." When ever, for any reason, the country begins to draw down its balance in New

York, all our business is disturbed ana

pot to loss. Itdoesnotmutterwhether

th? withdrawals are caused By tear or

a foreign war, or by an expansion of

business elsewhere. Riving profitable

use for money. The result is the same to New York. The city business.

whether, commercial, mercantile, in- .! . - m

vestment or speculative, in u.M. umu

the shrinkage and obstruction of trade.

In this same paper "Matthew Marshall"

complains that the withdrawal, by

country banks, of balances In legal

tenders has compelled our banks to pay

out gold which noliQdy wisnes to

handle, and at the same time make a

stock attack uon silver, saying that the treasury has $400,000,000 of it which no one will handle, and that it is only

the people of the southwest, who use a good deal of silver In their business.

and those of the Pacific coast, who us

gold, that believe that a large use would give increased value to silver. If hie argument proves anything, it Is that metallic money is desired by nobody, except as a base for more convenient paper money. If the facts he cites showing how constantly the busines and the banks of New York nre threatend by withdrawals of money by country banks prove anything, it i that the base is not big enough to sustain the growing business of the country. While business has bSBfJ growing, the base of the currency to carry it on has been made smaller instead of larger, and with the business of tlio country expanding and finding outlet through other channels than the port of New York, and thus requiring the use of more money at these competing points, ns Well as at points of production, the banks and the business of New Y'ork are having It forced upon.

them that there i.i-not enough money

to go around whenever there is- a general expnn.sioD of trade, or a scare of any kinl calculated to lock up money.

lliey will find, too, that the loss wilt

he hardest on he city most dependent on great balances belonging to other

sections, liable to be w it Jidravvn at any

tim'; without notice. Ho far as Wall

street i concerned there ismore in thi

than in any danger from Spanish guns.

and it is a danger that, like the BOOT, WO

always have with us. Metallic money

will not do for New York or oth r cities.

Hut if we must have it on a base for currency nnd credit, we must havo enough of it. whether gold or silver, so

that the business of this city and tho

safety of iu banks, which must carry;

the business cannot be at any tuna Uaredtenel by llÄnegeee that produce a soneentrntion of money where it is owned. N. Y. Financial lteeord.

POINTS AND OPINIONS,

Senator Ilnnna expects to take a

European trip when congress adjourns.

Spain ought to give him a cordial reception. Chicago DtasSMBa. Mark Hanna seems to bedesirou

of keeping in the background, and ho should be allowed this privilege. Mr. Banna makes a rery good background. Peoria Herald. it is interesting to observe that Hon. Nelse Hingley is not talking enthusiastically of war to vindicate tho national honor, lie is, however, talking much about a war tax. Mr. DiBgtej has giv n us tuxes enough for awhile. -St. Louis Republic. Tbo farmers out west are report

ed to be raming their babies atf r.ioSSph Leiter ha honor of bis service in making wheat sell at one dollar or better a b bei. AJaa, for Uta Ingratitude and forget fulness of man! Was it not McKinley who made dollar wheat? Springfield (Mass.) Republican. If Tresident McB3nb v values the eenfidi mm and n sp of vnu' h Bauet break wltk his sordid friends and hangers-on. If he wants to be credited! with an honest effort to meet the present crisis with an eye single to the honor and highest interests of the Amerlesn people he must rebuke and thrust nside the mm who are plneinff upon the nrl-mln Istration the shameful impntet'nn of being enntrolled bv tha lnteresta of money sharks and pea lntors. -St. Louis Poit-Dispatch.