Ligonier Banner., Volume 43, Number 30, Ligonier, Noble County, 15 October 1908 — Page 6
TAFT TRAIN MEETS A SLIGAT MISHAP
FRONT TRUCKS OF CANDIDATE'S COACH LEAVE TRACKS AT STERLING, O. ’
BRYAN CAMPAIGNS IN HIS OWN STATE
Talks Throughout Nebraska on Various Issues of the Day—Debs Is Il —Kern Leaves Indianapelis for Invasion of East. 5 Sterling, 0., Oct. 14—The first caspalty to the Taft special in all its travels occurréd Tuesday as the train pulled into a siding at. this place. The front truck of Judge Taft's car and the rear truck of a ‘Pullman just ahead of it left the track.~ The train was coming to a stop and the car of the candidate did not move a length after the accident. One of the journals of the truck was cracked, but was pronounced to be safe. The delay on account of the derailment was just 30 minutes, but this added to the time which had been previously lost put the special an hour behind in leaving Sterling. The cause of the accident was ascribed to the spreading rail of the siding on which the special was moving in its transfer from the Erie to the Baltimore & Ohio road. Mr. Taft made his speech to the people_of Sterling while the railroad men were putting his car on the track. Taft Talks in Cleveland. Cleveland, 0., Oct. 14—William Howard Taft, Republican nominee for the presidency, was in - Cleveland Tuesday. He made an address Tuesdav afternoonm in a tent. Judge Taft left Akron, 0., Tuesday morning and after a number of stops in northern ‘Ohio arrived at Lorain, 0., in the ‘early afternoon. Congressman-Burton and County Chairman Baker joined the Taft party at Lorain, 0., and came to Cleveland on the train. 2
Bryan in Flome State.” Tekamah, Neb., Oct. 14.—1 n a séries of speeches made on the first day of his campaign in Nebraska which will end Thursday night, William J. Bryan appealed directly for the farming and laboring vote on the ground that he is the logical candidate of the producer and wage earner. He opened this line with his first speech at Blair and has continued it throughout the day. The candidate also appealed for votes for the state ticket. T In his remarks at Blair, Mr. Bryan said he wished to answer one argument made in the west by Mr. Taft and Republican speakers to the farmers. “They tell the farmers,” he said, “that because they have had good crops and good prices they ought to vote the Republican ticket. If you will remember back eight years ago they were talking to the laboring man about the full dinner pail and everywhere you went you saw pictures of tire full dinner pail and they teld the laboring man that just as long as they had enough to eat, they ought not to think.” He declared the argument was not being used now because the bottom had dropped out of the pail and it was empty. i : * . Kern Off For the East.
Indianapolis, Oct. 14—John W. Kern, Democratic candidate for vicepresident, left Tuesday for New York to make his last speaking tour of the campaign outside of Indiama.: He speaks Wednesday afternoon at Elizabeth, N. J. He will close at Syracuse, N. Y., October 20. - Eugene Debs Is Il Newark, N. J,, Oct. 14—Eugene V. Debs, the Socidlist candidate for president, who was taken ill while making a campaign tour on his “Red Special,” was so ill Tuesday that he could not meet a delegation of Socialists who called to- express Bympathy. His physi cian says he is suffering from a severe cold.
ASKS DISMISSAL OF AN APPEAL. Case of Herman Blllik, Convicted Chi. cagoan, Is Up. Washington, Oect. 14. — Assistant State’s” Attorney Barbour of Chicago Tuesday filed a motion in the su preme court of the United States for the dismissal of the appeal of Herman - .Billik of Chicago from the decision of the United States circuit court for the Northern district of Illinois, refusing to dischatge him from custody on ‘the grounds that.he had not been permitted to make response in the frial “court to a question as to why sentence .should not be pronounced against him. Billik is under sentence to be hanged on the charge of murdering a number of persons, and the execution has been several times postponed because of legal proceedings in the case.
Suffragette Stirs Commons. Lendon, Oct. 14—1 In spite of all the precautionis taken by the police a militant suffragette sucéeeded in invading the house of commons Tuesday” afternoon. The woman suddenly appeared at the bar of the house, waving her arms and shouting to the members that it was time to “talk about women.” She was immediately seized and carried away.
Strict Censorship Established. San Francisco, Oct.- 14—The Japanese government hasg established a strict censorship over all communications between Koreans in this country and friends or relatives in their na- . tive land, according to Rev.-R. S. Ryang, a Korean minister of the Methodist faith,
SOPERPIEPESANEDIINSeS 400 ¢ PROTECTION FOR LONDON. . . ERS. . * —_— - : A sewing machine made In : o Bridgeport, Connecticut, costs 35 % ® to 40 dollars there. The same o e company sells them In London & S for 20 doliars. How important e ® It Is that there should be a tar- § $ ff to protect the business of the o
THE NEWS CONDENSED. The case of Private Klein, charged with killing Earl Nelsoa, was called at Kankakee, Ik, and was continued. The second annual reunion of the United States Medal of Honor Legion will be held at the Hotel Astor in New York. : : b Lord-Fitzmaurice, parliamentary secretary of the British foreign office, has. been given a seat in the cabinet as chancellor of the duchy of k;:.lncasber. The Paris apartment of Hart O. Berg, French manager of Wright brothers, ‘aeroplanists, was robbed while Mr. Berg and his wife were at the airship trials at Le Mans. Rudolph Bredémeyer, charged with malicious mischief in wrecking the Loper restaurant in Springfield, 1L the night of August 15, when race riots were in progress, was acquitted by a jury. L 7 Ferdial Gottschalk, for 17 years a member of-the St. Louis council and for 50 years in the service of Missouri, dled in St. Louis of a broken heart, following the death of his wife. The couple had been wed 69 years. According to the Paris Figaro the bishops of France have received .a cir.cular from Cardinal Merry del Val, the papal secretary of state, absolutely forbidding them, in the future, to attend the lectures of the state faculties. - Speaker Joseph G. Cannon of the national house of representatives has sold 700. acres of farm land near Pender, Neb., for $49,000. It is said that he still owns 2,000 acres in the corn belt in the eastern part of the same state.
EARTHQUAKE SHOCK IN WEST. Salt Lake City, Utah, Réports Disturbance, But No Damage. Salt Lake City, Utah, Oct. 14—A rather severe earthquake shock was recorded by the instruments at the University of Utah here. No- damage has been reported. The first shock occurred at 10:22 p. m., and was violent for ahout 20 minutes. A secondary shock océurre{ an hour and a half later. From the fact that there were a few preliminary waves, the shock is believed to have been close at hand. >
Cgl. Tucker Arrested.. " Decatur, 111, Oct. 14—Cok W. F. Tucker of the United States army was arrested here on a Wabash train Tuesday, charged with deserting his wife, a daughter of the late Gen. John A. Logan. The arrest was made by Sergt. Walter O’Brien of the Chicago police department.
Ban on Lectures. ) Paris, Oct. 14.—According- to the Figaro the bishops of France have received a circular from Cardinal Merry del Val, the papal secretary of state, absolutely forbidding them, in the future, to attend the lectures of the state faculties. ’ : Volcanic Ashes Fall. Basse-Terre, Island of Guadeloupe, Oct. 14—A rain .of ashes from volcanoes on Martinique or St. Vincent islands is falling over Guadeloupe. Mount Soufriere, the largest volcano on St. Vincent, is calm, andsthe ashes must come from some other crater.
. THE MARKETS. | : Grain, Provisions, Etc. <~ Chicago, Oct. 13. FLOUR—Market| firm. Spring wheat, special brands, [email protected]; Minnesota, hard patént, jute, [email protected]; straight, export bags, [email protected]; clear, export bags, $3.75@ 4.10; low grades, [email protected]; winter wheat, patent, [email protected]; straight, jute, $4.25@ 4.30; clear, jute, [email protected]; rye flour, white, [email protected]%; dark, [email protected]. WHEAT—Easy. December; [email protected]%; May, $1.035%@1.04%6. =~ - : CORN—DuII. December, 64@643%c; May, 64@6434c. OATS—Narrow. December, 49@49%c; May,. 50%@51%¢c. i # BUTTER—Creamery, extra, 271%c; price to retail dealers, 281%c; prints, 29%c; extra, 24c;: firsts, 2lc; seconds, 18%c; ladles, No. 1, 18%c; packing stock, 18c. EGGS—Cases returned, 14%@18%c; cases included, 15@19¢c; ordinary firsts, 23c; firsts, 23c; prime firsts, 24c; extra, 26c. POTATOES—Choice to fancy, 56@58c; fair to: good, 50@%5c. € - LIVE POULTRY—Turkeys, per lb. 17ic; chickens, fowls, 11%c; springs, 113zc; roosters, 7c; geese, [email protected]; ducks, llc.
New York, Oct. 13, FLOUR—Quiet but steady. » WHEAT—Unexpectedly firm cables with lighter northwest receipts and dry weather west, ‘gave wheat a strong odpening but the market later weakened under realizing. December, '[email protected] 13-16; May, $1.10%@1.11%%. . RYE—Dull. No. & western, 84%c, f. o. b. New York. : Live Stock. ; Chicago, Oct. 13. CATTLE—Good to choice steers, s6.4o@' 7.50; medium to ‘fair steers, [email protected]; inferior to plain steers, [email protected]; range steers, [email protected]; native yearligigs, $5.25@ 7.50; plain to fancy cows, [email protected]; plain to fancy heifers, [email protected]; common to good stockers, [email protected]; common to good feeders, [email protected]; good cutting and beef cows, [email protected]; canners, [email protected]; bulls, good to choice, [email protected]; ‘bologna bulls, [email protected]; calves, [email protected]. : HOGS—Prime heavy butchers, $.9%5@ 6.2%5; choice light-weight Butchers, $5.85@ 6.10; %c: light, [email protected]; heavy packers, [email protected]; thin, grassy packers, $5.25@ 5.75; mixed packing, fair quality, $5.60@ 5.80; grassy light mixed, [email protected]; rough, heavy sows and ngn% stags, [email protected]; pigs, [email protected]. P e
Omaha, Neb., Oat. 13. CATTLE—Market strong. Native steers, [email protected]; cows and heifers, [email protected]; western steers, [email protected];. Texas steers, [email protected]; Mhge cows and heifers, $2.50@ 3.85; ecanners, [email protected]; -stockers and feeders, [email protected]; cables, [email protected]; bulk bulls and stags, [email protected]. e ~ HOGS—Market 15@20c lower. Heavy, [email protected]; mixed, [email protected]; light, s.4o@ 5.85; pigs, [email protected]; bulk of sales, $5.85. SHEEP—Market 156@2c lower. Yearlings, [email protected]; wethers, [email protected]; ewes [email protected]; lambs, [email protected]. R
Governor Hanly and Speaker Branch dissolved the regular session of the legislature in a very panic of haste to prevent the passage of the metropolitan police bill over the governor's veto. . And now, to eorrect some blunders and to thrash out s strietly Republican party quarrel, the -governor calls the legislature back again—at a Re S S T T S SB R
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. These pictures.are actual photographs taken of the front and back of the original check issued to J. Frank Hanly to pay him for addressing the graduating class of the Manual Training School, at Indianapolis, on June 8. .2 “They constifute mute evidence of the character of the man who received the money. : S , i The subject of the address was “Dreams That Come True,” and the speaker told the boys and girls that the dreams which come true are those born of desire. - . i & S . : : Any comment upon the:smallness and greed shown in the acceptance of this check by the man whom the people of Indiana honored by elevating him to the.position of Governor of the state, would be superfluous. . Many men in private life, including John W. Kern and other citizens of Indianapolis, have gladly given the&r services for this purpose, to the same Manual Training School, without a thought of compensation. ' ' In truth, there is no precedent for this incident in the history of Indiana, and it is doubtful if one could be found anywhere in the history of any state in the Union. B . s
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THE DEMOCRATIC PLAN 18 RIGHT. Alexander H. Revell, a prominent business man of Chicago and heretofore a steadfast Republican in politics, has issued a pamphlét in which he sets out the following reasons why the Democratic proposal to guarantee bank deposits is right: , - It will prevent losses and hardship .to depositors. ¢ It will promote sound banking. ' It wil reduce the number and seri_ousness of bank failures. , It will eliminate failures of sound banks forced by “runs.” > : z It will protect assets of failed banks -against forced sacrifice. ; It will quicken competition in the banking world. - It will raise all sta{'e and national banks to the same high level. = s It will justify governmental patron: age of banks by rendering it effective for protection, which it is not now.
It will insure continuance of publie confidence and thereby prevent panics —a service of incalculable benefit to commerce and to every member-of the population. e In addition to preventing withdrawals by runs on banks, it will add, it is estimated, almost a billion dollars of money, now hearded (in and out of banks,) to our circulating medinm, and eliminate the need for more or less doubtfiil financial legislation. . =~ ¢ It will, in this and other ways, marrmly Increase the volume and prof-, ts of business. _ e It will direetly and greatly increage; the business and profits of bankers, i It will encourage thrift, the keystone of character and good citizen-. ship—the fiogidm trait a nation can It vili tend to remove from the pube contemplation the disgraceful and sensational spectacles of betrayed con.by greaf bank failures— ‘.4;7‘ Prowranl Ls S o S ‘ L w{“g;éfi L% »f'fi"a'w&,.-;:,"ifi;’:_ 5 ;fifi,‘»‘{%fif f?fik ok ‘f’”""””’&‘?&fi s R eee Do e L
THE REASON WHY
~ CONCERNING “UNCLE JOE.” | Last week one of the ablest and. best liked Republican members of l congress, J. Adam Bede, of the Eighth Minnesota district, was defeated for renomination by members of his own party because he declared himself unflinchingly in favor of the re-election as speaker of Joe Cannon. This seems to be a fair indication of Republican sentiment concerning the czar of the lower house of congress. Collier's Weekly, which so far as it has any policy, is certainly friendly to the Re‘publican party, dehounces Cannon unreservedly, and last week printed a communication in which it was said ‘that if Taft and Sherman were elected’ ‘the long arm of the speaker would reach from the house end of the capi itol’to»the senate and make the puppet Sherman do theé bidding of the autocrat in the speaker’s chair. 8 ' President Roosevelt, in 1891, said of Cannon: “We cannot escape from the” fact that it was no credit to the Republican party of the house that Mr. - Cannon' of Illinois should .be ene of }ltu leaders.” Cannon then twag‘{temporarily out of office, the onlygtime. he has been out of office in ytxirty- ] five years.. Among all the prominent - Republicans there i 8 none upon whom the country looks with so much hesi- l tancy and doubt. His face is always | set against any measure for the good . of the people, his power is _l_gmflubly“ ‘exerted for those measures that are demunded by the great linterests, ‘Whether as a result of this attitude or not, the faot remains that after thirty-five years of officeholding, with only a moderate salary most of the time, “Uncle Joe” has grown rich, his - ‘wealth increasing as his. power in-: between the Democratic and -RepubClemeht which o has 56 long doms
IS TAFT AN AUTOMATON? Weeks ago it was given out that about the middle of September President Roosevelt would publish a letter extolling the merits of Mr. Taft. When the letter appeared, it was discovered that the "i)resiglent was still for Taft. This was expected. Mr. Roosevelt had hardly used a guarter of a million federal officeholders’ to nominate Taft for the mere pleasure of forsaking-hin: So he says that he is still for him.
And then he proceeds to tell what he thinks Mr. Taft will do i{f-elected. On this subject Mr. Bryan calls attentjon to the fact that Mr. Taft is still alive and in good health and able to speak for himself. And Mr. Bryan wants to know what Mr. Taft thinks. he will do and asks that he make his position clear. It is needless to say that Mr. Taft has not made his position clear on any issue—that he has dodged and quibbled and tried in various ways to amend the platform on which he stands w‘an'd which was specially built for him. S
Surely Taft ought to know his own mind as vell as Roogevelt knows. it, but he seéms not to. As Ta}ft is the candidate, and not Roosevelt, Mr. Bryan belfeves_thdt the president’s indorsement of the Republicap candidate is without force unless he will promise to stay in Washington and run things for his man in the event of his lition -0 F s e s © And Mr. Roosevelt's way of running things is opep to fatal objections, The people want a new deal—and mueh Bherman, Cortelyou & Co, . -
A CHARGE OF ATTEMPTED BRK BERY. e ‘-,‘ g ; Bveryone who knows Luther W. Khisely, a representative in the legis lature from Dekalb county, knows thal he is an honest, conscientious mar, who is respected by his neighbors re gardless of party. _He is a quiet, un assuming man, who dislikes notoriety But when he was improperly approach ed with‘a_n offer of appointment to of fice if he would desert his. party and vote fof Governor Hanly’s county op tion bill, he thought it his duty te make the faet public. _
‘Within an hour after the dishonorable proposition had been made, Mr. Knisely denounced it on the floor of the house. Later he made an affidavit setting out the facts invol\fing Réptfi)lican Senator Wickwire and Governor Hanly. Then there was great squirming among the Republican schemers. Doubtless they had not dreamed that a Dractice, so usual and ordinary among Republican politicians of their class, would cause so much fuss. The trouble was that they had run vp against an honorable man and in that had made a “mistake.” Everybody knew that Mr. Knisely had told the truth.
The governor, with great apparent indignation, called for a legislative inquiry. This was held and Mr. Knigely reiterated his story. The governor declared that he had only talked to Knisely “on high moral grounds,” and Wickwire said he was™ “misunderstood,” etec, ete. The investigating committee expressed confidence in Knisely, gave-the governor a neat (but thin) coat of whitewash, but failed to exonerate Wickwire. And then Wickwire declared that the committee had made a “scapegoat” out of him. He tried to see Hanly, but the governor was not to be seen. The legislature adjourned, leaving Wickwire in the air, and at last accounts he was still trying to “see Hanly,” who was still sturdily refusing to be seen. i
SLANDERING TRKVELING MEN. A large proportion of the traveling men who represent houses doing business in Indiana are supporting Brygn and Kern and Marshall. There are many Republicans among them. They are opposed to Taft and Sherman and Watson and doubtless they make their opposition known wherever they go. No class of men are better informed on public questions, especially those which affect their interests. The Republican organization is trying to break down the influence of these men." James E. Watson’s home organ, the Rushville Republican, is pgrticula’rlj! slandereus and vicious. On Sept. 17th} that paper published an article whichl the Republican organization is distributing. From this article we take the following: |
‘For several weeks traveling men have been going up and down the state orying down Watson at every opportunity. The only unfavorable reports heard this fall could be traced to the fravellng mena .- % & ¥ s “It has now\&bvgloped that the socalled traveling men are fakes, pure and simple, nothing more than hirelings of the brewers, who are behind the Democratic state committee in the present campaign. And some of them are the worst type of individuals, such as crooks, bartenders, hangers-on, exconvicts and the like. * * Most of their pictures can be found in the rogue’s gallery in Indianapolis - and other cities. * * Think of men of this type going about the state spreading malicious reports about a man aspiring for the great office of governor!”
These extracts from the article are sufficient to show its purpose, which is to cfst discredit upon every traveling salesman who dares to express ‘opposition to the Republican party and its candidates. It is a disreputable plece of business, but it will not close the mouth: of any honest man. "Phe publication and circulation of the story has been denoun“e“fd by traveling men’s clubs as a peculiarly vicious and senseless slander. e
“Funny Jim” Sherman and Longworth, Roosevelt’s son-i-law, pretend to be desperately afraid that something may happen to the gold standard. The Republicans have declared in two campaigns that they had.estakHshed the gold standard “fSrmly,” but Punny Jim and the equally funny Nigck say that the whole thing can be overturned by “executive order.” This is not true, but that fact doesn’t keep these .two great statesmen from telling 1t Srar sS g Al
- The legislature kicked Governor Hanly’s “night rider’” bill into the ashheap, but he is going to “throw” himself into the campaign “for all he is worth,” it is announced. Two years ago he did the same thing and the Republican party lost 60,000 votes. Amd now it will lose 60,000 more. THeé harmony among the Republicans of West Virginia is intense. Not only do they have two nominees for governor, but the other day United States Sengtor Seott and State Senator Smith engaged in a fist fight when. they met in a bank ‘and exchanged thirty-six blows, by actual count. And the cause of th;e‘.fi[email protected]_was_» Smith’s statement in & speech that West Viryoars. ~Scott resented suchi publicity
'DEAI FCTATE 'REAL ESTATE : We Own and Offer for Sale or Trade the Following Fanns 1 : o - and Ligonier City Properties. > 1
244 Acre farm near Middlebury Indiana good buildings and strong land, about 25" acres pasture land, farm formerly owned by Jacob C. Miller. 140 Acre farm five miles north east of Ligonier, two sets of buildings, good house and large bank barn, fifteén acres of timber, about 20 acres of pasture land,. balance firstclass tilable soil; frem 5 to 10 acres good onion land. 6 room house and lot with barn in Shipshewana.
,Any of the above can be bo‘u&h_t at reasonable prices, on terms - to suit the purchaser. e also have other properties not ‘“listed. For further particulars inquire of o M. & E. JACOBS - LIGONIER, INDIANA.
WATSQN ON STATE FINANCES. | = . It James E. Watson’s “keynote” speech is as unreliable and worthiess —so far as enfighteninent is concerned —on all other subjects as it is _with respect to state finances, then the Republicanf’party is in even a wofse way than haé been supposed, and that is about as bad as it can be. But doubtless Mr. Watson did the best he could. He felt that he was expected to say something, and as a clear and candid statement would demonstrate the truth of every charge of extravagance and waste made by the Democrats, Mr. Watson merely undertook® to muddy the water. Being unable to do even that as to the showing made by the Democrats on the subject of the astounding tncrease in the number of offices and salaries, Mr. Watson remains silent on that poitfit. g o
Mr. Watson declares in -his P’*eech that “th’fz economy or extravagange of stpte administration is disclosed in the’ itams coinposing the general fund disbursements.” With that statement-as a basis he proceeds to compare the l)e_mocrétic year 1894 _with the Republican year 1906, and says the folkfi}ing, as repo*ted'by the Indianapolis Star on the morning after the delivery of the speech in Fort Wayne, Aug. 26:
The reports show theé total disbursements from:-the general fund for the fiscal- year ending Oect. 31, 1894, as $2,787,267.25, from which there shouid be deducted $221,525; which was a repayment of advancements from countlies, thus leaving $2,565;742.25 as the net expenditures from that fund. For, the fiscal year ending Oct. 31, 1905, there were disbursements from the general*fund aggregating $5,045,537.91, from which there should be deducted $1,245,500 repayment of advancements from counties, also a loan from the deaf and dumb fund of $50,508.33 and an amount of $32,016.96 transferred from the general fund to the special school fund, which were in no sense expenditures, leaving $3,717,512.62. Thus it appears that the expenditures from the general fund were $1,151,770. 37 greater for the year 1906 than for 1894. ; ;
But Mr. Watson apparently was not satisfied with his own statements as set forth above and given to his Fort Wayne audience, for he subsequently changed his figures, as will be seen by reading the following révised Vergion of it as it appears in a pamphlet issued for cirgT.flati‘on by the Republican state committee: :
The reports show the total disburse ments from the general fund for the fiscal year ending Oct. 31, 1894, as $2.787,267.25, from which there should be deducted. $221,525.00, which was a repayment of advancements from counties, thus leaving $2,565,742.25 as the net exenditures from that fund. Im order that the expenditures of the two years under consideration be placed upon the same basis, it is necessary to add to the disbursements of 1894 the sum of $195,169.80, which was’ disburgsed from the state sinking fund, making a total of $2,760,912.05. This addition is made because in 1906 there was transferred to the general fund from the sinking fund more than $200,000, which was disbursed from the general fund, and is included in the ‘total disbursements from that fund. For the fiscal year ending Oct. 31, 1906, there were disbursements from‘the general fun@ aggregating $5,045--537.91, from which there should: be deducted $1,245,500.00 repayment of advancements from counties, also a loan from the deaf and dumb fund of $75000 and an amount of $37,620.49, which was one month’s salary to state officials that should not be included, as thirteen months’ salary was paid out during 1906 on account of a change in “the ending of the fiscal year, leaving $3,681,868.38. - Thus it appears that the expenditures from the gemneral tnndi were $920,956.33 greater for the year 1908 thanforiiie: . - - By comparing the two statements it wil, be noticed that Mr. Watson, _without the slightest warrant, charges to fhel:dwhummm the general, fund & xfimfim 80 oftset it aieliat Mobe Tkt S5O i&&%;‘ ? g“"‘"" *‘F“fi s a:é- - P "\' N
16-Room fiat near school house with barn, known as the Bolens prdpgrty. £ 10 vaeant lots on the north side ‘in Ligonier,on Johnson and Jay streets. - 6-room house and lot on north ~ side, formerly owned by Mrs. “Phoebe Moore. . 7-room dwelling with good barn: and out-houses, orchard and garden; b acres of land, north _ side. Known as the Hart property. . e
000” of sinking fund tax which the legislature of 1905 turned into the general fund and which hecame a part of that fund, and as such was disbursed. Not yet satisfied, Mr. Watson, it will be observed, adds $25,000 to the deaf and dumb fund loan. And then he changes the $32,016.96 which he had first said represented an amount “transferred from the general fund to the special school fund” to $37,620.49 which he had learned from some source ‘“was one month's salary to state officials that should not be included, as thirteen months’ salary was paid out during 1906 on account of a change in the ending of the fiscal ‘year.” This is a ‘most remarkable statement, as the 1966 fiscal year ended on Oct. 31, 1906, as he had in one place said, and the change in the fiscal year was made by an fct passed March -9, 1907, more than four months later. - After all of this struggling with fig- ‘ ares Mr. Watson finally concludes that | the Republican expenditures from try | gemeral fund M 1906 were only sl2o° 956.33 greater than the Democnhtic ex‘penditures in 1894, although he had at first fixed the .difference” at $1,151770.37. - - : s
But even with all this agonizing after a satisfactory result, Mr. Watson’s mathematics are wrong. The disburse- . ments from the general fund in 1894 were -$2,787,267. This included $647.038 on account of the state debt. As - the Republicans in 1906 paid nothing on the state debt, the $647,088 should be deducted from the general fund disbursements in order to obtain a fair comparison of the expendit?res from that fund. The deduction by Mr. Watson of the money advanced to the general fund by the counties and paid out by the state on current expenses is mere absurd thimblerigging. The expenditures from the general fund for the two years will therefore stand as follows: * = 1906, by the Repub1ican5....55,045,537 1894, by the Democrats...... 2,140,179 INCTEASE +vvuvsaneenes..s2,9os3sB ~ Neither Mr. Watsoxi nor a.t;y other Republican orator can.change the facts as they are shown by the figures. On these facts the Republiéén state officials stand convicted of increasing the- - expenses of the .state nearly three million dollars ‘annually since they have been in power. ;
BENEFITS OF DEPOSIT GUARANTY ! The opponents of the' guarantee of - Tbank deposits object to this system on }»t.he ground that the honest banker would have to pay a small premium for the protection of deposits in the hands of dishonest bankers and that ‘the honest banker would derive no ‘benefit from this payment. : ; ~ The actual facts are that the honest banker would derive the greatest benefits from the guarantee of deposits. ] It is acknowledged that the panic of 11907 was started on its career of dev-" astation by a run on some badly man‘aged banks-in New York. This panic. spread all over the United States and Western hankers, no matter how “hon-_ ‘est,” were compelled to quit making ‘loans. “For six monflis or more they made no money and hardly earned fixed expenses. ‘ e It is undeniable that had a guaranty of deposits been in force, the people all over the country would have allowed their money to remain in the banks. The honest banker could have ‘made his usual loans MK general profits for the six months that he made nothing. This gain would have MNMM aid the government. Besides this, the, factories would have Mtfiefiv@%@wm - 250 “ SOnmTied WY - ~ ’g@—&;fiwffiwf%«uwmw et
