Ligonier Banner., Volume 32, Number 38, Ligonier, Noble County, 23 December 1897 — Page 2
The Zigonier Banuex
LIGONIER. : - : INDIANA
The state must feel lonesome in which no discovery of gold has been .announced this year. But the returns are not yet complete., -(- =~
Gov. Cooke, of Connecticut, denies that his state ever put wooden nutmegs on the market. Thus Listory is robbed of its spicy traditions. = |
' A curiosity has been brought to light in East Friendship,;Me.—a man who has kept a diary s_iti’fie:',lan“uary- 1, 1870, . and never missed a day. - :
The latest kite lifts a man weighing 200 pounds. Like other flying machines it is apt to Be eccentric in the matter of landing & phssenger. = -°
Mother McKinley was born -in” 1809 at New Lisbon, O.; she was married i 3 1529; her son William was bern near Niles; 0., January 29, 1843, and her husband died in 1892, maore than 63 years after his wedding day. s |
- Some of the eastern colleges are considering the advisability of requiring greater proficiency in Latin of applicants for admission. This is obviously absurd. The one really crycial question should be: “Can you play football:?” = “h - =
An assitant postmaster in Ohio who pasted up a joking weather bulletin is contemplating a copy of the law imposing a fine of from $300!to $5OO and imprisonment.for tampering with weagher reports. Thesngw he predicted in summer has assumed the form .of a cold wave for himself. = ;
An Alaska steamer is said to have been caught by a “takau” wind and blown 50 feet up on land. To an outsider not versed in all the details of the experiments so far made, it would seem as if we must -be a litfle ncarer a salution, of the problem of aerial navigation to'the Klondike. :
} A new feature of “society journalism” “in Kansas is'the publication, along with a list of wedding presents, of a list of the young men who have been refused by the bride. This is probably done on the theory that in such affairs a list of the saved as well as of the fatalities “is legitimate mews. | . el
The. Scientific American, id a recents issue, makes the surprising statement that more people‘are killed every year by, elevators than by stéarp boilers. Ina comment upon this statement the American Machinist malkes the remark that a promising field is open to the man who:can inventia safety appliance for elevatQ}s that will unfailingly perform its work. f S
~ There are indications ¢f a general outbreak of religious fanaficism in central and western Asia. Mohammedanism has taken fresh courage from the persistency of the crescent in Constantinople. But with Euir"opem_l civilization closing in on the east coast of Asia as well as on the southfrn and western bounds, the submission of those who worship toward Mecda is inevitable.
~Secretary Gage'’s figures on what the revenue cutters have done. to prevent filibustering make an imposing total. Eight of the .ships, with crews of 317 ~men, have cruised over 75;000 miles to -look out fer.;'expedit_ions, nine of which they captured or broke up. It is also pointed out that our measures to arrest, such-blockade running have been miore effective than|the Spanish naval cordon to stap it.. | / i . The death of the miother of President ~ McKinley touched the chord of sympathy inall hearts. The relations between mother and son were ideal. Three of our postwar presidepts, ‘Grant, Garfield and McKinley, all born in Ohio, had the supremkb satisfaction of-attain-. ‘ing to the highest position within the . gift of the people while their mothers ‘were alive and able to keenly appreciate theTionor thus bestowed. BT BRSNS TR DA T AT i The past year was one of gréat financial depression, and yet the statistics 'show that the total contributions of "COpgregationgl churches last year for kome expensesand benevolent purposes were $90,000,584, which was $14.63 per member. The total confributions of: " the Presbyterian church were $13,298.151, almost $l3 per member. In addi® - tion to that church-people were not “hehind in contributing to all other benevelences. It is well to note such facts. As a rule theichqrc‘h people are pnot the rich people. = . o
The official report in regard to national banks shows that they have had to bear their full share of the Burden of ‘ hard times. Seventy-one went into vol--untary liquidation and 38 failed and were placed in the hands of rve,cei\"ers. The number of new banks organized was 44, making a net deerease of 65. The _present nuinber of ba\q,fs is 3,610, withan aggregate capitall of $631,488,095. The state banks of the country are still more numerous, and have nearly as large aggregate capital. Itisestimated that 30 per cent.of the banking capitdl of the whole world is in the United -States, | i L There will be interest in the announce‘ment that the plan for.a munion or federation of Central- American republics, -which was interrupted some months -since, will be carried to cqmpletion. The states taking partin the union are Nicaragua, Salvador and Honduras, the republics of Guatemala and Costa Rica - still holding aloof from the arrangement. " Theunion will amount+o a practical tonsolidation under one national alt/minisin'ation instead of a mere allianee of independent republics, as has been supposed, although each will retain cdntrol of its internataffairs as in the past. . e - The orders to the gunboat Helena, whieh has started on a cruise to the Asiatjc station, direct her after passing the Suez canal and the Red sea to cruise, far up the river Euphrates and explore the Persian gulf. The object is to show the American gag where it has ‘not. been seen for many a year. It is a very proper object and khould result in coueiderable good. There are somé - benighted Asiatics who are not aware that the United States is a great power, Sl s I e e T e ~eapablg |of protectix L U e abroad. Ilnele Sam is not coing into TheDulliog business, but merers ae. _sires to tonvey a gentle hint.
A WEEKS HISTORY
The Important' Happenings of a . Week Briefly Told. .
IN ALL PARTS OF THE UNION
All the Latest News of Interest from Washington, From the East, the ~ West and the South. . 55 B e e THE LATEST FOREIGY DISPATCHES ' FIFTY-FIFTH CONGRESS. Proceedings of First Regular Session. -In the United States senate on the 13th a bill granting to settlers the right ‘to malke second h mestead entries was passed. Senator Fairchild introduced a bill to facilitate the enforcement of the immigration and contract 'labor laws. It was decided to takea final vote’ cn the immigratign bill on Jannary 17. In the bouse the [legislative, executive and judicial bill was reported. It carries a total of $21,562,425, being $780,861 less than the estimates. ' In the United Btates scnate on the 14th, after the introduction of a few bills, an adjeurnment was taken out of respect to President Mc:_l(in}e,y; who was in attendance upon-the funeral of his mother. -In the house the legisla--tive, executive and judicial appropriation bill was discussed, after which an adjournment was taken @3 a token of sympathy and respéct for the president. A bill was pass}d in the United Statessenate on the [lsth providing for the prohibition of']pelag'ic sealing by Ameticans. The session closed with a spirited civil service debate upon the bill providing for the ap%qui,ntment of a director of the census. 'The house'spent the day in the considemEion of the legislative, exccutive and judicial appropriation bill and 89 of uie 112 pagés of the bill were covered. A resclution was adopted for a ,holidqy{ recess from December 18 to January 3. ' A Lill was passed in the United States senate on the ;l(-?th appropriating $250,000 for the relief of American miners and other-sufferers in the Yukon valley In Alaska. A esolution was adepted for a holiday recess from December 18 to January -§.| The nominations of Joseph M_cKem:Jn, cf California, to be associate justice ‘of the supreme court, and Charles G. Dawes, of Illinois, to be comptroller of the currency, were received from the president. In the house a bill requiring all immigrants on reaching here to be able to read or write avas favorably meported, and a bill was i)assed appropriating $175,000 for relief of people in tx(j;l Yulkon valley. A bill px‘e‘parod- by Sg retary Gage for revision of the national leurrency system was introduced. | ' FROM |WASHINGTON. : At the opening in° Washington of the t\\'enty»éigl&'xth annual session =of the national board of frade horest money and _curren%b' réform were made the features. Frederick Fraley. of Philadelphia. was retleéted president, ~ "At the meeting in Washington, of the National Boar? of Trade the gold standard was ’o'i'm_:i]}y approved and the gradual ret’iremént of United States notes and the lenlargément of* the national bank cilf(rulation was indorsed.
Imports of gold during the past nine months exceeded the exports by $7,000,000. 'The bxp(frts of silver during the same time ant&untefll tO/$52,551,963 and the imports t0|511,017,012.In the last mine ‘ronths the increase in the exports pf merchandise was $85,901,435 and th‘g' gain in imports was $68,492;194. | - { & %HE EAST." .= * Jennie JuneLngo‘;y, the We"ll»kpown writer, has béen appointed an inspector of public schools in New York city for the term of fivg years. .| ’ Fire destrayed thie' residence of Mrs. John I~‘l‘edericr< at Aug';ustziine. Pa., and three children weré cremated. T Flames wiped out mearly the entire business poqtibufoj Duryéa, Pa.; and two lives were lost) T i ! On Cushing islangd near Pertland, Me., the schooner Susan|P. Thurlow went to pieces and the cap ainl and five members of-the c¢rew were Jost. ' - - The death of Chfrlq“'s.Doring,'one of the besfiknmqn Jbandmasters ‘in the ‘United States, and organizer of the famous'Dorifmg’s band, occurred at his home in Troy,N. Y. | . '
WEST AND SOUTH. John and Lj)uis Bonner, two negroes who have been witnesses against alleged white cappers, were murdered near Kennedy, Ala. iR In a millinery establishment in St. Paul an elevator fell six stories, killing E. J. Munn, a traveling saig’sma\n, and fatally injuring William Schaller. ‘{ln a fight at a dance at.Jeffersonville, Ga., three men were killed and two women were fatally injured. - ; Not a-single passenger was lost by accident during the season of navigation just closed on the great lakes. - In San- Francisco Theodore Durrant was sentenced to be hanged on January 7 next fer the murder of Blanche Lamont. £ = ‘ - One’ of the best known bankers and financiers in Minnesota, John A. Wil-| lard, died sudderly at Mankato. , Fire destroyed the Letts Fletcher company’s wholesale grocery store at Marshalltown, la., causing a loss of $llO,OOO. i ' ‘Southern bankers in| convention at Atlanta, Ga., adopted resolutions favoring the coinage of more gold and silver and the retirement of treasury| notes. 1 : L With ‘Carl Schurz presiding ‘the sixteenth annual meeting of tlre National Civil Service Reform league began in Cincinnati. . L " j ~ The death of the original of the character of George Harris in “Uncle Tom’'s Cabin,” Lewis George Clark, cccurred in Lexington, Ky. - ; . ~ In Cincinnati George Sheehan, a peddler, shot his wife and then shot himil .. i ~ The business men’s convention whick met in Indianapolis last Janufiy and authorized the appointment ‘the monetary commission will meet again in the same city on Japuary 25 to consider the commission’s report. 4 On thfl;fifiig‘go ‘& Eastern Jllinois railroad a passenger train collided with a freight near Clinton, Ind., and Engineer Rausch and Firemen Brewer and
' Burglars robbed the state bank at Perry, Kan., of $1,500. : For murdering three members of the Green family John Morgan was hanged at Ripley, W. Va. '} Fire destroyed the courthouse at Ardmwore, I, T., and many valuable records were burned. L . . A mob lynched Tom Waller (colored),. implicated in the murder of the Brown family at Bankston Ferry, Miss. . In Schleicher county, Tex., a herder and 10,000 sheep were lost in a blizzard. - FOREIGN INTELLIGENCE. = -~ On the coast of Vancouver island the steamer Cleveland was wrecked and 22 of the crew'were missing. A report: that Gen. Sanguilly, one of the Cuban leaders, had deserted to the Spaniards is said to be false. Spain’s queen regent received at Madrid Gen. Weyler, thé former captain general of Cuba. : . The Spanish government was so alarmed by the menaecing attitude of the populace that artillery had been stationed at concealed points commanding the main thoroughfares. Premier Sagasta of Spain announces the surrender of the remaining rebel leaders and' the complete pacification of the Philippine islands: < The dfamous French mnovelist, Alphonse Daudet, dfed in Paris aged 37 years. fesit » ) In' London William Terriss, one of the best known and most popular actors of the English'stage, was assassinated as he was entering the Adelphi theater by a super named Archer. ‘ The king of Greece and the sultan of Turkey have finally|ratified the peace treaty. 1 :
German cruisers Gefion and Deutschland sailed for Chinese wataors. K
LATER NEWS,
At the session of the American Federation of Labor' in Nashville, Tenn., it was ordered that a representative be ordered fo stay in Washington .and wateh legislation. ' e Fire destroyed the Hotel Dacotah and two wholesale grocery stores in Grand Forks, N. D., the total loss being $490,000, and.A. C. Howe and his.wife pezished in the hotel fire. it
The residence of Patrick Leahy was burned at Ottawa, Ont., and Leahy and . - . . five of his children perished. . Gen. Blanco says/that if, within a reasonable time afterthe establishment of antonomy in Cuba, it is seen that it has no practical effect in the restoration of peace, he will resign. ; . |'The National Civil Service Reform league in session in Cincinnati reelected Carl Schurz president. - - There were 329 business failures in the United States in the seven days ended on the 17th, against 312 the week previous ‘and 387 in the corresponding period of 1896. e William W. Thomas, Jr., of Maine, has been selected as minister plenipotentiary of the United States to Sweden and Norway, and Hamilton King, of Michigan, as minister to Siam. Jacob Weil, aged 52, one of Chicago’s best known real estate owners and capitalists, shot himself dead in his oflice while temporarily insane. - . * In a fightin New York for the middleweight championship of the world Dan Creedon, of New Zealand, was whipped by “Kid” MecCoy, of Indiana, in' the fifteenth round. ' . The Citizens’ bank gt Oelwein, Ta., H. C. Sturgis & Co.. proprietors, made a voluntary assignment and closed its doors. Liabilities, $35,000. ’ Twenty-two horses were burned to death in Joseph Badenoch’s barn in Chicago. il R Murderers were hanged as follows: Grady Reynolds and Bud Brooksat Jefferson, Ga.; Bud Beerd (colored), aged 14 vears, at Carrollton, Ala.; William Johnson at Covington, Tenn.,/and William Carr at Liberty, Mo. | The Northwestern overland limited train was wrecked at Vail, ITa., and 19 persons were injured. ' Washington - Hesing, ex-postmaster of Chicago, twice candidate for mayor, and president of the Staats Zeitung company, died of heart failure, aged 49 years: ; ; ' Charles L. Childs, an ex-member of congress from Illinois, died in Pittsburgh, Pa. ' ‘ : . A locomotive exploded near Repton, Ala., killing the engineer, John O’Connor, the fireman, Jack Clipper. and two trainmen, Joln Johnson and Henry Vickery. : -R. Monarch, one of the largest distillers :in Kentucky, failed at Owensboro far $750,000, . .- ~ John Straus was dead and his twao sons were dying from drinking coffee at Elk City, Kan., into which rat poison bhad dropped accidentally. . . The Mermod & Jaccard jewelry company in St. Louis lost $335,000 by a fire that destroyed their stock. ‘
In a bull fight at Guadalajara, Mexico, 1 three persons were killed and mnine sthers seriously injured, and in a similar performance in the City cf Mexico ten horses and six bulls were killed. l Thirty-three men were injured, two ‘ fatally, in a collision on the Rio Grande recad near Castle Rock, Col. Mrs. Dinah Sutton, the last of the slaves-ever owned in New Jersey, died in her home in Paterson, aged 105 years. A Russian squadron:tock possession of Port Arfhur, on the Chinese coast. The Cuban insurgents put to death Col. Ruiz, who was sent by Gen. Blanco to induee the insurgent leader Aranguren to surrender. La Minerve, the only French morning newspaper in Montreal, has suspended after an existence of nearly 50 years. . Slight shocks of earthquake were felt at Ashland and Richmond, Va. : : ~ In the convention of the American Federation of Labor at Nashville Samuel Gompers was reelected president and IKansas City was chosen as the next place of meeting. : A joint resolution accepting the invitation of Norway to participate in an ‘international fisheries exposition next year was passed in the United States: senate on the 17th, also 138 private pension bills. Resolutions on the death of William Steele Holman, late representative from Indiana, were adopted. In the house the consideration of the legislative, executive and judicial appropriation bill was. completed; excepting the paragraph relating to the civil service. ; . The United States senate on the 18th received and adopted the conference report on the bill appropriating $200,000 'for the relief of miiners in the Yukon river country. The nominafion of William Penn Nixon as collector of customs at Chicago was confirmed. Adjourned to January 5. In the house the confer‘ence .report on the emergency’ relief measure for the Klondike country was ‘presented and agreed to. Adjourned to o e s B Gt s el
MR. GAGE AND HIS BILL.
The Secretary Presents His Meas- - ure for Clurrency Revision.
Explains lis Views at Some Length DBefore the House Committee on l EBEanking—Full Text of the Bill.
. Washington, Deec. 17. — Secretary Gage uppeared Thursday before the committee on banking.and currency of the house of representatives to present a bill embodying his views for areyision of the curreney, to explain and urge its provisions, and to meet any objections raised by the committee. The secretary was accompanied by Judge O’Connell, solicitor for the treasury. Copies of the secretary’s bill were handed to members of the committee and were scanned with great interest. After being intrdduced to the various gentlemen of the committee, Mr. Gage began his statement, speaking in an easy, conversational manner, and following notes, He said: o e . : Secretary Gage’s Statement, ‘““The object T have in_mind in the series of provisions offered by<me are four in number: First, to commit the country more thoroughly to the gold standard, remove, S 0 far as possible, doubts and fears on that point, and ! thus strengthen the credit of the United States both at home and abroad. ‘‘Second, to strengthen the treasury in relation to its demand liabilities, in which are included greenbacks, treasury notes and the incidental obligation to maintain on a parity, through interchangeability with gold, so far as may be necessary, the present large volume of silver certificates and silver dollars. ‘“Third, to do this in such a ‘way .as not to confract the volume of circulation in the hands of the people. l . “Fourth, to take an initial step toward a system. of bank note issues without the conditional deposit of public bonds as security therefor. If we prosper as a pcople the revenue.of the government ought to be somewhat in advance of its expenditures and the pullic debt of the United States gradually reduced and finally extinguished. Loooking at the question widely, from my best point of knowledge and «experience, 1 feel that if these could be secured the condition of the government, in its ‘relation to the currency, would be much-safer and stronger than now, and -that through the operation: of national bank note, currency the commercial and indulstrial interests of the: United States would be greatly advantaged.” A widerange of discussion cccurred, on section 2of the secretary’s bill. In answer to- inquiries he said its 'general purpose, ~was the same as that set forth by the president. 2o i - Mr. Gage said the only purpose of the bond section was to refund outstanding bonds for low interest bonds payable in gold. This would not reduce the gross amount of the debt, but it would make a saving on interest which the secretary roughly calculated at $10,000,000 annually. Mr. Gage explained in detail the pian of issuing national. bank notes for Ungited States notes, treasury notes and silver certificates, and the covering of the latter demand notes for refunding.bonds. He said the purpose of this was to accumulate 1 $200,000,000 of the demand obligations, placing them aside where they would relieve to that extent the demands-on the treasury.
# Full Text: of the Bill. * Following is the bill in full: *““A bill to provide for the refunding of the national debt, for establishing a redemption fund, and a division of issue and redemption in the treasury of the United States, and to modify existing laws respecting national banks, and for other purposes. 8 S A R B
‘*Be it enacted, etc., that there be established in the treasury department, as a {iaz‘t of the oflice of the treasurer of the Jnited States, a division to be designated and known as the division of issue and redemption, to which shall be assigned, under such regulations as the secretary of the treasury may approve, all records and accounts/ relatini to the issue, redemption and exchange as hereinafter provided of the several classes of United States paper money: There shall be transferred tfrom the general fund in the treasury of the United States and taken up on the books of said division as a redemption fund the sum of $125,000,000-in United States gold coin and bullion and such further sums of standard silver dollars and silver bullion purchased under :the act of congress’ approved July 14, 1830, as shall equal the . silver certificates outside the treasury’ and treasury notes of 1890 outstanding on the date when thisact shall take effeet. And thereafter the gold and silver ceins and bullion hereby transferred from the general fund in the treasury as herein provided shall be increased or dimihishéd, as the case may be, in accordance w}th the provisions of this act, and in no other way. ! o Redemption of Notes. “Sec. 2. That all United ‘States notes, treasury notes of 1830 and silver certificates presented for redemption shall be redeemed from the redemption fund herein provided, in acgcordahce with the terms of existing laws, but the notes and certificates so redeémed shall be held in and constitute a ;part of said fund, and ‘shall not be withdrawn from said fund nor disbursed, except in exchange for an equivalent amcunt of the coin in which said notes or certificates were redeemed; but to enable the secretary of the treasury more thoroughly to carry out the provisions contained in this act he is hereby authorized to exchange any of the funds in the division of issue and redemption for any cther funds which may be in the general fund of the treasury department, provided that nothing in this act shall be construed as repeaiing that provision of the act approved July 14, 1880, which provides that there shall be outstanding at any time no more and, no less of the treasury notes authorized: by said act than the silver bullion and .staridard silver dollars coined :therefrom then held in the treasury purchased with said notes. ; ; Exchange of Bonds. iy
“Sec. 3. That the secretary of the treasury be and he is hereby authorized to receive at the treasury any of the outstanding bonds known as the five percentum bond% of 1904 and the four percentum consols of 1907 issued respectively under the act approved January 14, 1875, ‘and the acts approved July 14, 1870, and January 20, 1871, and to issue in exchange therefor coupon or registered bonds of the United States in such form as he may prescribe, in denominations of §5O, jor some multiple of that sum, bearing interest at the rate of 21, percentum . per annum, payable semiannually, and redeemable ‘at the pleasure of the United States after ten years from’ the date of their issue, and the bonds hereby authorized shall be. payable, principal and interest, in United States gold coin of the present standard value, and shall be exempt from ‘all taxation by or under state, municipal or ilocal authority, provided that .none 0f the outstanding bonds. shall be received at a valuation greater than their present worth to yield an income of 2% percentum per annum, and that. the bonds hereby authorized shall be issued at not less than par. Issue of Notes. 3 “Sec. 4. That the bonds authorized by this act, and any other bonds of the United States, may be deposited with the treasurer of the United States as security for the circulation notes of national banking associations; and any national banking association. which may deposit the bonds herein authorized to be deposited as security for its circulating 'notes shall be ep-~ titled to receive from the comptroller of the currency and to fssue such notes to an amount eqgual to the face value of such bonds, provided that the aggregate amount of bonds deposited by any national hanking assocfiation under any law"* shall not exceed the amount of its capital, and provided further that nothing herein contained shall be construed to modify or repeal the provisions of section 5167 and ‘section 5171 of the Revised Statutes, authorizing the comptroller of the currency to require additional deposit of bonds, or of-lawful money, in case the market value of the bonds held to secure the circulating notes shall fall below the par value of the circulating notes outstanding for which ‘such bonds may be deposited as security. ““Sec. 5. That any national banking association, whose deposit of bonds is less than the amount of its capital, may deBuslt with the treasurer Qf,tfxe United tates, under such regulations as the secretary of‘the treasury may approve, United Sitates notes, treasm“iy notes of 1890 and siiver certificates, and shall be entitled to receive from the comptroller of the eurrency and to issue an equal amount of its circulating notes; but tlée aggregatc amount of bonds; United States notes, treasury notes of 1890 and silver 'cerixlflcates deposited by any national banking association shall not exceed the amount of its capital, Jsrovld.ed‘ that the total amount of United States notes, treasury notes of 1800 and silver certificates dep: slted...;wém:, the treasurer of the United fifites under authority of this section shall not éxceed the sum of $200,000,000. | - ey ; . llssue of Bonds. i ‘“Sec. 6. That the secretary of the treasury shall !!h‘!uirg? ;mofa?fim-. -;ia?hg ‘ A e e N s B TR /o S e Sl R BRI S S RSR
character as those déscribed in the third section of this act, and shall substitute the san¥e with the treasurer of the United States for equal amounts of the United States notes, treasury notes of 1890 and silver certificates deposited by . national banking associations, and the bonds so is‘sued and substituted shall be charged ‘to the respective national banking associations and be accounted for by them, at such prices, not 'less than par, as shall represent the market value of such bonds, and the United States notes, treasury ‘notes of 1890 and silver certificates released as herein provided shall hecome a part of the general redemption fund, and the secretary of the treasury is hereby au-, thorized to exchange any of said treasury notes of 1890 and -said silver certificates for a like amount of United States notes provided that the amount of bonds issued under the authority of ihis section shall not exceed the sum of $200,000,000. Redemption by the Government. **Sec.| 7. When. any national bank now existing or hereafter organized shall have deposited such United States bonds, United States notes, treasury nofes of 1890, or silver certificates, to an amount of not léss than 50 per centum of its capital, it shall be entitled to receive from the comptroller ‘of the currency, and to issue national bank notes, in addition to the 50 per centum thus provided, to the amount of 25 per centum of .such deposits; but the circulation issued by any national banking association shall 'never'be in excess of its paid up capital stock, and the additional notes so issued shall not be secured by said deposit, but shail ¢onstitute a first lien upon all the remaining assets of the association issuing’ such netes. Upon the failure of any association to redeerm its circulating notes above provided, whether the same are issued against éeposited security or against gen_eral assets, the same shall be promptly redeemed by the treasgrex‘ of the United States. To secure the United States against any loss arising from its guaranty to pay and redeem such additional circulating notes,/it shall be the duty of.the comptrocller of the currency to levy upon and collect from every national banking association issuing such unsecured circulation a tax at the rate of two per centum per annum on such unsecured circulation; which said tax of twag per centum per annum shall be paid to the treasurer of the United States in equal semi-annual payments in Januarfr and July of each year, and when so collected | it shall’constitute a safety fund out of which the United States shall be reimbursed for any redemption of said unsecured circulation it may make as herein provided. The safety fund thus created shall- be investéd by the secretary of tne treasury in such government bonds as he may consider advisable. Said tax of two per centum - per annum shall be in gddition to the tax of oné-half of one per centum per annum on circulating notes hereinafter -authorized. ..~ 2 “‘Sec. 8. That each national banking association shall ‘deposit and maintain in the treasury of .the United States a sum of lawful money equal to ten’'per centum of its laggregaté circulation, said sum to Dbe in lieu of the five percentum rédemption fund now required by section 3 of.the act approved June 20, 1874, to be maintained and to be subject to all the provisions of existing law respecting said redemption fund not inconsistent with the provisions of this act, and in consideration of the depesits of bonds, United States notes, treasury notes ot 1890 and silver certificates, and the tax of two percentum on the unsecured circulating notes of national banking associations, and of the deposit of lawful money ggovided in this section, the faith of the United States is hereby pledged to the redemption in lawful money of the United States of all the circulating notes of said national banking associations. . - i - Withdravwal of Small Notes. “Sec., 9. That the comptroller of the currency shall not issue to any national bank- | ing association, on and after the date when this act shall take effect, any of the circulating notes of such association of less denomination than ten dollars; and whenever any circulating notes of less denomination than ten dollars shall be redeemed or received into the treasury of the United States, they shall be canceled: and destroyed, and other notes of lawful denominations shall be issued in their place. “Sec. 10. That on and after the date when this act shall take effect, the circulating notes of the national banking asscciations shall be redeemed at the office of the Unifed States assistant- treasurer, in the city of New York, and at such other sub-treas-ury offices as may be designated by the comptroller of the currency with the approval of the secretary of the treasury. And the circulating notes of which national banking assogiations so redeemed shall he ‘charged to the ten per centum redemption fund of such associations under such regulations as may be prescribed by the comp+ troller of the-currency with the approval of the secretary of the treasury.. Tax of National Banks. ; “«“Sec: 11. That in lieu of all existing‘taxes every national banking association issuing |notes shall pay to the treasurer of the United. States in- the manths ‘of Jan'uarfi' and July.of each year a tax of one-fourt of one percentum for each half year upon the average amount of its notes in circulation, provided, however, that during all the period: of time intervening between the deposit of United States notes, treasury notes and silver certificates,’and the | substitution of bonds by the secretary of | the treasury, as in this act, provided the | circulating notes specifically issued therefor and secured by said United States notes, treasury notes, or silveér certificates | shall be exempt from taxation under the | provisions of this act. i Capital of National Banks. { © «gQee. 12. Section 5138 of the Revised Statutes shall be amended to read as fcliows: ““No association shall be organized with a less capita; than $1060,0005* except that banks with a cagital of not less than!sso,ooo may, with the approval of the | secretary of the treasury, be organized in | any place, the popglation of which does not exceed 6,000 infhabitants, and ~except that banks with a capital of not less than 1525,000 may, with the approval of the secretary of the treasury, be organized in any | place, the population of which does not exceed 2,000 inhabitants. No association I shall be organized in a city the population | of which exceeds 50,000 persons, with a less capital than $200,000. . “This act sHall take effect on and after the -’-’-’gay of—lB9—; and all acts and parts of acts inconsistent with the provisions ' of this act are hereby repealed.”
EVIDENCE OF GOOD TIMES. Immense Increase in the Christmas . Momney-Order Business. Washington, Dec. 17.—Reports te the post office department from the money crder divisions of the principal post offices of the country indicate a tremendous inerease over the same periods during the last four yearson the issué .©of both foreign ‘and domestic money orde¥s that are evidently intended for Christmas presents. These conditions are accepted as a pronounced indication of the return of better times and improved fi cial affairs. A single steam‘_er from Il‘x York last week took out, ‘ nearly 10,000 money orders, aggregating 7 a sum in the neighborhood of $150,000, 70 per cent. of which was destined for Norway and Sweden. The report cf the New York office, which is one of the principal “test” offices of the coun“try, says that the money ordér business is averaging more than double what it was this time last year. Over 20,000 crders are being handled daily, against Jess than 10,000 daily for the second week of December last year. The returns. from other large offices are proportienately of the same tenor and tell ‘their own story of the gradual return of prosperity. - ' ~ BOOMS HER TRADE. o San I'rancisco Feels the Effects of Rush to Alaska. . San Francisco, Dec. 17—Whether this city secures the bulk of the Alaskan trade or not, it is already evident that the Klondike excitement will greatly benefit the mercantile community. Heavy orders for supplies have already been closed. A few days ago the Alaska Commercial company invited bids 0n.400,000 pounds of.bacon, 200,000 pounds of hams, 200,000 pounds of lard and 16,000 cases of canned meats.. Estimates on even larger quantities of "provisions have been asked for by-the "Alaska Exploration company, which expects to have 15 steamers plying between San Franciseo and Dawson nex* summer. , Doa e ol Wisconsin Grange. 1 Marshfield, Wis., Dec. 17.—The state grange elected these officers: Grand - master, H. 12. Huxley, Neenah; overseer, " Tj E. Eggert, Hammond; secretary, A. C. Powers, Beloit; treasurer, Thomas Dickson, Jackson. They were installed by state organizer JC'{)aflm The convention adjotiraed sing'die atter voting to hold next year's meeting at Matshfiwfi%%m’%&%fimfififiw
: MR. HESING DEAD = - Unexpected Close of the Life of a -, Prominent Chicagoan. S Chicago, Dec. 20,—Washington Hesicg, proprietor of the illinois Staats Zeitung, one of the leading German papers in the northwest, and postmaster of Chicago during the last term of President Clevelacd, died suddenly Saturday afternoon-of heart disease at his bome on Michigan avenue. Mr. Hesing had been ill for several days with a severe cold, but was rapidly recovering, and his.death was a heayy sheck to his family and friends. During the afternoon he was downtown and attended to several business matters, returming to his residence shortly after three o’clock. Mrs. Hesing at the time was out shopping, and the last perscn who spoke to Mr. Hesing was a servant girl,
' ' £ . TR " WP ; g 5 s ‘ 4 ¢ . - APET YRR s A=l = 2l %»‘s R[Sy 7 s N ey VN FEANN! 2”/6/// —il e A ./% “ A / TRy [;/ I 7 a 7 mi i ;3!;,/',:’,4?/// § A W// I - B [ y/ /Rl ',///ff/-/'/' : L T, ’ WASHINGTON HESING. whom he met in the hallway on hisway to his roomy A few minutes after four o’clock th& girl went to Mr. Heging’s room on an errand, and when she entered he was half sitting, half’reclinf ing, on a sofa, with his head supported by his hand. He was breathing heavily, but there was nothing unusual in Lis appearance, and the girl, supposing him to be asleep, went out as softly as pcssible in order to quid‘,ousing him. From that time until five o’'clock, when Mrs. Hesing returned, he was alone in the room. Ilis wife noticed at once upon entering the room that he was very jll and quickly summened assistance, but by the time medical aid v-as at hand Mr. Hesing was dead. The physicians declared that he had died of heart disease, and said that.in all probability they could not.have saved him had they reached him before life was extinet. Six yearsago Mr. Hesing was troubled by the action of his heart, and physicians warned him that he must be careful to avoid all excitement and vigorous exercise, but being to all-ap-pearances a man of robust health and great physical strength he laughed at their advice and made no change in his habits of life. 7 # :
[Washington Hesing was born at Cincinnati May 14, 1849. He was a son of Antén C. Hesing and Louise L. Hesing. Up to 1861 young Hesing attended the city schools in. Chicago, his father having removed . to that city in 1854. In 1866 he entered for the examfnations at Harvary university, -but failed to pass. Without sending any word to his parents he at once took an examination for entrance to Yale, and was admitted, graduating with a degree. The year following his graduation he entered the Universcity of Berlin, and took a-special coursé in po~ litical economy and German literature. .In 1872 he began active work on the StaatsZeitung, of which his father was proprietor, and in a few years became managing editor of the paper. From the time of his connection with the paper Hesing took an active interest in politics, and when but 22 yvears of age, he was appointed a member of the board. of education, and upon his retirement Mayor Medill offered ‘him a second term, which’he declined, As. a public speaker he first came into prominence during the second Grant campaign, in which he supported Grant In a vigorous manner, Shortly after 1880 he left the ranks of the republican party and became a democrat; In 1893 he sought the nominataion for mayor-of Chicago; but was defeated by the elder Carter Harrison. In 1894 he was appointed postmaster of Chicago by. President Cleveland, and held the office until early in the spring of 1897, when he resigned to accept the independent nomination for mayor, but was deteated in the contest following.] . . i
GOMPERS AGAIN PRESIDENT. 1 Is Reelected by the American Keder}ntion of Labor. ‘ Nashville, Tenn., Dec. 20.—1 n the convention of the American Federation of Labor Saturday Samuel Gompers was reelected president by a vote of 1,845 to 407 for Ernest Kreft, of Philadelphia.The ‘next session is to be held in Kansas City, Mo.- The committee on president's report recommended that -the president issue an appeal to the unions of the country for contributions to a fund for the aid of the striking engineers of England. It was advised that the federation appropriate!/$5OO for this purpose. Concerning restriction of immigration the committee recommended that the convention pronounce in favorof a reasonable measure of restriction on the lines of the educational test as contained in the Lodge bill, that failed of enactment at'the last session of congress. - . E : b EXP LOSION KILLS TWwO. Woman and Child Are Victims of Gas--oline Stove at Holyoke, Mass. , Holyoke, Mass., Dec. 20.—Two lives were lost by the explesion of a.gasoline. stove in this city. Miss Amelia. Koegel, 35 years old, attempted to light the stove, when there was an ¢xplosion. She picked up a two-year-old: child: named Alfred Kenell who was in the house and tried to escape, but got intothe pantry, and was cut off by the flames. ' Both were suffocated beforg help reached them. —_——_— . Negro's Body Lies in State, : . Lexington, Ky., Dec. 20.—The body of Lewis George Clark, the old Kentucky -quadroon, said to be the original of George Harris in “Uncle Tom’s Cab-. in,” lay in state in the Mainstreet auditorium for five hours Sunday. »,'Thi‘sis ~the first time that the body of a negro was ever accorded such an honor in this commonwealth. S lilinois Republican Editors. Champaign, 111, Dee. 20.—The call has just been issued here for the general ‘anriual meeting of the [llinois Republican Editorial association at Springfield January 11. , g’ o : " Accidentally Killea, ~ - Oskaloosa, la., Dee. 20.—Richard De+Long was, shot and fatally wounded by James Smith Saturday night. 'They were scuffling for the possession of a revolver and the gun was accidentally discharged. DeLong died Sundav afternoon. Both men are sons of wealthy Mahaska county farmers. = s ,Fonhdflni%(«g; S - Cleveland, 0., Dec. 20.—Louis Yura . was found guilty of murderin the first | degree after a trial lasting several dayz. ‘W**&Wfifimflifig *W'léfi*ffi i‘;# A (* . W :gg» ~,§‘? % . i ;Va A e s ;Efiifé
AN INNOVATION IN RAILROADING. A Parlor-Cafe ‘Car Now Running on Daylight Special of Illinois Central 7 Between Chicago and St. Louis. “The Illinois Central has substituted for the patlor car, formerly running on its day train betwéen Chicago and St. Louis; a new composite parlor-cafe car, built for the Company at the Pullman Shops especially for service on its fast; vestibule, solid “Daxlight Special” train to St. Louis. The parlor, in the Empire style; is finished in mahogany, with darkeér panels of the same, the latter being richly inlaid with - marquetry . com-. posed of various shaded woods. Its furnishing includes-easy, luxurious revolving armchairs, upholstered with green frieze plush. The ceiling overhead (in which are fixed brilliant Pintsch gas chandeliers of the latest pattern) are .decorated in' gold, and in-color and design are in harmony, as also is the rich “Wilton drpet on the floor beneath, with the E_lush and mahogany finish of the rest of. the room. The cafe is in general design'and color scheme in harmony with the parlor; and hastables at which parties of four can be seated, and tablesat x'vl‘x)ich couples can_dine’ tete-a-tete. A complete kitchen adjoins the.cafe, and meals-will be served en route from a varied menu at reasonable prices;. the cafe feature to be conducted in the same general way for patrons of the entire train as are the cafe cars-on the Central running West out. of. Chicago, and which have proved so popular. The car also contains a gentleman’s smoking room, in connection with which is a buffet .from which cigars andiliquid refreshments can-be obtained. The car as a whole is of substantial ‘construction dnd elegant_finish. The features of this carare particularly adapted to Hot Springs Ark., travel, the Da_vfi)ght special leaving Chicago every forenoon, makn3g_'the run_to St. Louis in eight hours, and giving:' good. connection in Union Station with trains for Hot Springs. — o . . A Candid Tale. L ' “Can I see the lady of the house?” asked the canvasser, avith candor. ) i . “Yes,” she replied,.candidly, “you can if you are not a political candidate.” “How can you?*’ said he. ‘“*No, madam, I am selling a -can opener which can’t be beat. It can’ open. any can that can be ‘epened by any can opener, and any can can be ‘opened by this can opener that can be opened by any can aepener, and if you can show me-a can, I can—" ““What cant!” cried she. “I wish I had a cannon, and T'H bet you'd canter.” -Then - she slammed the dcor in his face.— Philadelphia Bulletin. - ,
John A. Salzer Seed Co.'s La Creasse (Wis.) 'Great Free Exhibition €Car. ¢ These famous seed growers are out for a third annual trip through Wisconsin, North--ern’ Illinois and lowa with the Free Exhibition car of seed products. They stop. at all principal stations in the rural districts and “thereby give farmers opportunity to see what' handsome things can be grown with ‘good seeds. ~Be'sure and visit the car when it is in your neighborhood. . PSR T . - What Tt Means.—Bobbie—‘Poppa, what - does it mean by say Mg. ‘Wisdom crieth without? . Father “Without - being heard, my son.”—Brooklyn Life. ~ Lane’s Fa ¥ Mediecine. ° Moves the bowels each day. In order to ke healthy this is necessary. Actsgently on ‘the liver and kidneys. Cures sick headache.Price 25 and 50c. . . R C—— e . He who knows the weakness of his own wings s sure of successful flight.—N. Y. Independent. -~ - .. _ G i I For Homeseeker’s Excursion dates via the Missouri, ‘Kansas and Texas Ry. and infor.mation of their tourist sleeper arrangement, i address H. A. Cherrier,. N. Pass. Agt.; 316 Marquette Bldg., Chicage. . . ’ -We presume there are many women with pretty necks unexposed.—Washington Democrat, ; v s i _e — - - -MeVieker’s Theater, Chicagzo. Always-plays the leading attractions. December. 20 Denman Thompson. in the always fresh. ever new “The Old Homestead.” 5:. — Y « Some people think that when a man is bald-headed he ought to quit going with the girls.—Washington Democrat. ; Sl It is pretty safe to bet that a boy whose environment - doesn’t include freckles will never amount to anything.—Atchison Globe. g e - A woman doesn’t object to her naughty children if others are worse. — Atchison Globe. s . , ‘ --Black, deep bruises cured by St. Jacobs Oil. It:wipes them out. o . - : __-—'_H— - - Experience is a‘hard block to whittie, but every shaving is of priceless value to the whittler.—~N Y. Independent. . Sore.-and Stiff? Cold: St. Jacobs Oil the Cure. -It -warms and relaxes. ' ‘A divorce suit should be included in the wardrobe of the- actress who hopes to be well advertised.—Chicago News. 2 Humped and bent. Lame. back did it. ‘Straight and sound. St."Jacebs Oil did it.
Without Distress Poor Health for Years—Hood’s Sarsaparilla Curés Dyspepsia. “My husband was in poor health for years owing to_dyspepsia and he could not get, relief.” We gave him Hood’s Sarsapa‘rilla, and after he had -taken three bottles - he could eat without distress and was able “to work:”’ BirBARA REHBERG, 139 North Pearl Street, Green Bay, Wis. ‘ - % , - Hood’s Sarsaparilla Isthe best—in fact the.One True Blood Purifier. PN S A IO W e e Hood’s Pills cure constipation.. 25 cents.
COUGH DON'T DELAY | i) BALSAM SR
It Cures Colds, Coughs, Sore Throat, Groux. Influenza, Whooping Cough, Bronchitis and Asthma, A gertain cure for Consumption in first stages, andasurerelief in udvgncetf stages. Use afonce. You will see the excellent effect after taking the first dose. Sold by dealers everywhere. Price, 25 and 50 cents per bottle. -
; . 4 Try Grain-0! : : . Try Grain-O! Ask you Grocer to-day to show you | a packageof GRAIN-O, the new food : drink that takes the place of coffee. ¢ The children may drink it without injury as well as the adult. All who ¢ try it, like it. GRAIN-O has that ¢ rich seal brown of Mocha or Java, | but it is made from pure grains, and the most delicate stomach receives it | without distress, § the price of coffee. | .15 cents and 25 cents per package. Sold by all grocers. - . o “Tastes like Coffee ™ ° | Looks fikeCoffes .
