Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1888-10-06
INDIANA AND MAINE.
General Harrison Speaks 70 Large Dele
CATION on the Democratic surplus
Prominent peakers Booked Tor
Indiana Early in October.
James e.. blaine Interviewed on the Ike
Gently Published Letter o. the Late
Eo.coo C0nkl;nG tn a New
York Friend.


INDIANAPOLIS, IND. September 2J.-Gen-
ERA, Harrison received delegation OF r.
600 from Wabash and Park counties this
afte..oon. In the course Of his address ne
said:
There is one wcrd on the subject that
want 70 say. Our democratic friends tell Us
that there ere about ,0oO,0O0,OOO, their
arithneticians Go not agree on the exact
amount, IN tie pablo treasury, for which
the government has 10 need. They have
found only this method of using ii, viz: de-
hosting il in the national banks of the coun-
Try, to be loaned out by them to our citizens
a. interest, the government getting no inter
estwhaterer from the banks. Isuggested.and
il vas not an original suggestion with me,
Senator Sherman has advocated the same
policy with great ability in the senate, that
this money bad better be used in buying
Doyernruert bonds, because the government
would make some money in applying 1t that
way and there IVES no other way IN whlcf
they could get any interest on it at all. Bns
il is said that il we use il in this manner, we
pay premium to the boadholders. But it
10 only the same premium that the bonds
are bringing in the market. In other
words IS I said the other day,
capitalists who cgD use their money as they
pleased, put il out on mortgage, at interest
or in any ether wpy, and they think the gov
eminent bond at the current rate of pre-
MUM is good investment for them. Now
the government can bay these bonds at that
premium and save at least great deal OF
interest-it win not undertake to give you
figures. One issue of these bonds natures
in 1907 and bears per cent annual interest.
Now suppose this Surplus money tt remain
all tina. time in the banks, without bring
ing any interest to the government, Is there
a man here so dell that he cannot see the
great loss that would result to The people?
have another objection TO this policy;
the favoritism that is involved in it. We
have heari-and from such high authority
that think that we must accept 1t as true
that the great patronage apOertalning to
the Office of president of the United States,
involves a public peril. Now suppose We
add TO that danger 800, 0G0,CCO that the
secretary OF the treasury can pnt in this
community, CT that, in this bank or that. ut
his pleasure. is net the power of the
executive peTiously increased? Is 1t right that
the use OF this vast sum should be matter
of mere fayoritism, that the secretary should
be allowed to put 100000 of this surplus
in INDIANAPOLIS and none OF it in Kansas
CITY, or 5000, 900 in New York and mona
in Indianapolis? If the money is used
in buying bonds it finds its natural place
goes where it belongs. This Is most seri-
ous objection to the present method of deal
ing with the surplus, but if you still object
TO paying the market premium when We
buy these bonds, see how it works the other
way The banks deposit their bonds in
the treasury. To secure these deposits
they get the government money without in
terest and still draw interest on their bonds.
If any one of yoa had note for LOCO due
in five years, bearing interest, and your
credit was SO good that the note was worth
premium. and you had $1,000 that you
could not put out at interest so as to effect |
she interest on your note, would you not
make money by using this surplus to take
up the note at fair premium? Would you
think it wise finance to give the 81, coo
that you had on hand to your creditor with
out interest, and allow me to deposit your
note with you rs security. You paying in
terest on the notes until due and getting no
interest on your deposit. Laughter and
applause.
The crowd then filed by and shock hands
with the general. No definite information
has yet been received by the republican
committee as to when Mr.. Blaine will visit
Indiana.
Among the prominent republican speak
ers booked for Indiana early in October, are
General W. H. Gibson, Governor j.. Is.
Foraker, General James S. Robinson, all of
Ohio.
General R. A. Alger and Hon. r. G. Horr,
of Michigan.
John a. Kasson and W. P. Hepburn, of
Iowa.
General Hastings and James D. Weeks,
of Pennsylvania.
Patrick Eagan and John Brennan, of Ne
braska.
Robert I. Lincoln, General Manrey, Gen.
eral W. w. Berry, Count Norickoff, the
Pole, and others.
Governor Foraker opens his canvass Oc-
iober II, and speaks at Bloomington, Hi
nois, October %. Governor d. B. Hill
makes his first speech at Mitchell. Law
renee county, on the AFTERNOON of October
u, speaking ut Indianapolis the same
night, and at Lafayette, October Ii. Ar
rangements are being made to give the dis
tinguished candidate q big reception at
Mitchell.
The political war raging among the police
officers of the city, which was engendered
by the disturbance before the New Denison
hotel last Saturday night. when an attempt
was made to arrest Chicago drummer, who
was yelling for Harrison and Morton, re-
csived additional impetus to-day. Captain
Colbert. a democrat, this after,
Sergeant Dawson. a republican, alleging in
subordination. He also charges Captain
Campbell, (republicau), who was not on
duty at the time. with encouraging Dawson
in his disorderiy conduct. The accused Off
GERS will have hearing next Monday before
the full board of police commissioners.
Nearly hundred witnesses have already
volunteered to appear before the board on
behalf of Sergeant Dawson, and the trial
bids fair to increase the growing PARTISAN
ship of the citizsns as well as members of
the police force.
THE CONKLING LETTER.