Omaha daily bee., 1893-06-10

out moisture you CannOJ nave RAIN ltl-
vestigation into all the rainfalls alleged
to have been caused by Prof. Dyrenfurth
last summer in Texas showed that in
every instance the rain was the result of
naturnal causes, and commonly extended
over vastly larger areas than those COW
cred by the raiu-making experiments.
The notion relied upon by these quasi
scientific people arose originally from
an allusion in Plutarch that belief eX-
listed among the Romans that rain fell
after heavy battles, but the would
be rain-makers seemed to overlook the
fact that gunpowder was not used by the
Romans, and Plutarch explicitly states
that the superstition referred to was
based upon the idea that the gods sent
the rain to purify the corruption
produced by the corpses OF the
slain Tor the purpose of preventing
pestilence. 1t was not supposed that
the clash of arms had caused a humid
condition of the atmosphere. The au-
thor of recent work on war and the
weather. written with a view of bolster
ing the idea of making rain by means
of explosives, could only show that of
2,200 battles Of the American civil war
rain followed but per cent of them.
Yet he imagined that he had made out
his case. just as the Hindus in charge OF
traveller that the editice casts no
shadow, insisting upon this pious decla-
ration even while he sees the shadow
as plain as Indian sunshine can make it.
The intricate operations of nature
which result in the production of rain
you may be sure are not to be duplicated
by bonn harding the air."
An Atchison lawyer, says the Globe
of that city, was recently placed in a
somewhat embarrassing position in
Omaha. He and his wife were regis
tered at the Paxton. He went out in
the afternoon to attond to some business,
when Lee S. Estelle, the well known
lawyer, sent him note asking him to
call at his room. He signed himself
"Estclle." The lawyers wife got hold
of the note, and the lawyer made the
best speech of his life in demonstrating
that Estele was the name of a man.
'"The commercial world has but very
| little occasion for feeling alarmed over
| the alleged financial crisis that we hear
| so much about" said President Gibbon
of the Omaha Commercial club to BEE
| reporter. "As matter of fact there is
| good, healthy tone to business, par
! ticularly in wholesale and jobbing lines,
! and all that is needed to make this a
| prosperous season is the confidence of
the people. The panicy feeling we hear
about is the result of fearful magma
tion rather than the effects of any real
or threatening danger. In financial
matters, as in matters of physical health,
good deal depends on the imagination
and the confidence of the people con-
! cerned. a man can worry himself into
sick spell if he permits himself TO
brood over imaginary ills
Tho most damaging thing to business
that can be inspired is the circulation of
grOundless rumOrs with regard to the
standing of banks and other financial
institutions. This invariably frightens
the small depositors and they i'm
mediately draw out the surplus that
they have deposited in the bank. While
these deposits are not large, individu-
ally, they camount to a vast sum in the
aggregate. and when this is drawn from
the banks it is not put into circulation by
| investment in any other line of business,
but is carried to the private homes of
the people and laid away to become a
temptation for thieves and source of
anxiety to the owners. This has very
detrimental effect on business. for it is
just that much money actually wiped
out for the time being. 1t is of no use
to anybody so long as it is boarded up in
the closets and old ubreau drawers all
over the country. You can imagine the
effect of taking a lot of blood out of a mans
veins without giving him any nutritious
food to help replace the life fluid you
have taken away. Well, that is Just
about the effect that this absurd scare
has upon the business of the country
when small depostors begin to hoarG
their savings instead of letting then
remain in circulation.
"All this country needs at present tC
make business first class is universe
confidence on the part of the people anC
| believe that this will be established il
very short time and the apparen
financial panic viii disappear entirely
You will notice that the banks of the
country are in the main all right. The
institutions that have actually failed
have been those that were not engaged
in the legitimate banking business. The
Omaha banks are especially firm anC
much OF this is due to the fact tha
banking in Omaha has been carried OF
in a safe and business like manner
Omaha has been fortunate in having q
the recognized head of its banking inter
ests one of the safest and most careful
bankers in the United States. 1t i
not necessary for me to name him
Everybody acquainted Win Ihe leadlns
financial interests of Omaha and tn
west knows to whom | refer when
, speak of the recognized. head of tn
banking business in Omaha. His advic
and the influence of his example hav
| permeated the banking business of thi
, city for quarter of century and n
. man can measure the substantial effect
/, of his having been citizen of Omaha
believe that the banks of Omaha vii
pass over these somewhat panicy time
in perfect serenity and the reputatlo
for solidity which this city now enjoy
i from one end of the land to the othe
Y will only be strengthened by the event
: of the year in other localities"
: TURNED THE TABLES ON HIN