davidaulloa/AmericanStories huggingface dataset:
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Bleeding Kansas.

TOPEKA, Jan. 20. The republi.
IAN house transacted no important
BUSINESS, and adjourned yesterday.
Then the populist elections commit.
zee submitted report ous,ipg repub
leans from jackson aud Reno roun.
les, holding their election was II.
legal. The report went over I'LL to-
lay. The senate elections commit.
ee also filed papers against six re-
publican senators.
1t IL probable the republicans will
Institute criminal proceedings
'gaIsst Chief Clerk Rich for having
made alleged erasures and insertions
"a the Official roll over the signature
4 the secretary Of state, and the
great seal Of the state. This action
- classed as forgery by the Kansas
statutes.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Erie Wreck.

fsRu, Ind, Jan. @.-The Lake
Erie aud Western express Jumped
The track on bridge across the
Was6ash river. near here last night,
aud fell through. Everything was
burned, Three lives are reported
lost. only seven passengers were In
the car, all more or less injured.
one Of them, a. q. Dorian. Of
Lal'orte,aflerwards died. Engineer
Griffin snd Conductor Forbes were
badly lnjared. The arsmen aud
brakeman were less seriously hurt.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Buffers Will.

BosToN, Jan. 20.-It will b,
strange II, after all his experience ia
,reaking wills, General Butler
should have omitted TO framea will.
Ills private secretary, Colonel
Thomas Mayer, tells IA reporter that
40 knew nothing OF the existence Of
such u document. ~ can't tell you
whether he left u will or not,n he
'aid. "If he did, IL will undoubled
" come up ut the first session Of the
probate court at East Cambridge.
ifhe did not, undoubtedly petit
Iop for an administrator will be put
IN at that time.n
A gentlemen who has been asso-
ciated with General Butler for many
years, and whose relations with
him are very close, said; ~ don't
know whether there Is Will. IL
does not follow necessarily that
there is not, and II Is quite possible
that the son or daughter has such a
document, but there is none In his
Office, | believe,n
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Has Popular Education Failed,

1t cannot be denied that there Is
serious and general disappointment
at tho results of popular education
up to this date, In spite of all efforts
10 make education universal aIl
classes complain more than ever be-
fore OF the general conditions of So
ciety. Yet after two whole genera.
tons II seems as If some increase of
genuine reasonableness of thoupbt
and action in all classes Of the popu.
lation ought 10 be discernible
Many persons, however, fail TO see
IN the actual conduct Of the various
classes of society the evidence of in.
creasing nationality. President Eliot
IN Forum.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Wants the Books.

SPRINgFfELD, ILL.,, Jan. 20.-Tht
first official act Of the democratic at.
ltrney general Of Illinois was to
draw up q legal document making
IA formal demand upon the republi-
can ex-auditor Of public accounts,
Pavey, for the cash books and re-
cords Of disbursements of the insur-
ance department Of the auditors Of
ilce. The assertion is made that be.
tween the amounts collected in the
insurance department aud the
amounts paid into the state treasury
there will be found unaccounted fol
the startling discrepancy Of sixteen
to eighteen thousand dollars per an.
mum, reaching back perhaps to 1876
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Nnlice.

NOilce II hereby given, that ths Commit
De on hlfeets and Pubic property OF the
lity Ol inIem OREGON, VIII sell 10 public
auction ln 'front.' Of the cltyB building now
occupied by 1pia Engine conn any and
Cieiner Honbelunn ~ n grocery Store. at
the cOrnor Of Liberty and stale streets.
Ia The Guy Of salem, ~ two O'Clock 70. m
wednesday. January rs, 1895 the following
de- crlbcd property: ~ feet IN of the FnsI
end Of Lot No. \, Block No. II, In the Clty
OF salem. Marion county, Orelon, known
rs s tDe buli1lng now occupied by tbs Tiger
Engine Company.
Also the lty OF 'alem's property on the
y II cOrnOr Oi Liberty and Stale gtreeis
commencing at the North East corner ~
hlock No. 20, IN the CITY OF Salem, Marion
county, iTegon; thence southefly DIon0
'ne west line Of said block u, lO6 ieei; Thence
t,hsterly parallel wiih the north line ot sn,d
h,ock, " leel. Thence nOrtherly. parallel
WI w u nc west boundary line OF sald Block.
W zee 10 tie north boundary line OF ,aId
olucki Ihence Yves ery 10 the place OF be.
ginning Building now occupied byHIeln.
or % Soiheinhh grocery, capital Engine
Term OF tnle-One half cash on accent
abce oi "a by cry 60 neil OF the civ OF
alelI, anh the balance NJ the expiration
ul SIX months, with interest al the rato of
> per cent, per annum. The rght 10 reject
any ana all bids II hereby reserved.
A. KLEIN.
COLONEL j OLMsTED.
,,,.. GEb. Is. GRAY,
committee on Streets ana Public proneriv
l-lItd
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
The Best PraaehA-

We claim, without fear Of eontrs.
u'e'i"n, that no minister Ia this ar
any other country has done as much
sood or has had tendency 4, IN.
sp're the wicked TO be good, as ,ha,
popular drema,ixaIiou, the nobl.
work OF Mrs Harriet Beecher stowe.
"oneie Toms Cabin." The play
which has caused the world to weep
aaa nsJ"ice. A play where the
.hfls''An mother can take childeen.
= pay which Is highly endarsed by
All 'hs principal clergy. sa,toa,s
smnd double eompany. with biz
eA"d sna thir,y-ssssa people. vii,
pres III this popular drama n ~
ops1 hease AZ &So tomorrow sn.r.
n'ea and ss'elosk senorsou sv,s-
ios. w
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

iseasy cry, N 4, Jan -
fhs . gclwk iocai iiaia NJ Newsft
on ihe rehnsyissela isiifcsd bfote
dcwa lsss evebins en the mesiows
loa beyobd lssckensscs liver 'fht
II tnd Aesst surposine The train
hal gone beyoud TIE block sIgnaled
to the Baltimore aud ohio 81
pfesa immediassiy following that
the road was clear. fbe esptts
crashed Inio tbe stalled tfein, rom.
pleteis leiescopihe H. Two pefsohs
we're Killed and seventeen sounded.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
In Washington.

OLYMPIA, Jan. 20.-On th,
twentieth ballot the senatorial dead
lock was still on and the joint ses
sion adjourned till today noon
The surprise Of Senator Sergeant,
nomination Of Eugene Wilson,
United States bank examiner, wa
only exceed by Rutter, of King, a
strong Allen man, In changing t.
Turner. The vote now stands: AL.
len, AZ; Turner, 2S; Griggs. "a; Teats,
o; Wilson, l. Both sides expect u
change today.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Guilty Of POISONING.

fiirsnv@o, Pa, Jan. M-rhe
Jury in the Homestead poisoning
case agains, Dls,Slc, Master wo,k.
man Hugh Dempsey, Of f,he Knight.
OF Labor this afternoon hrousA, IN
. verdict Of guilty. The vsralc,
created sensation ba, no outward
dsmonstration.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

MoUrr HoLbY, N. j., Jan. 90
Joseph Blake started for smiibvillle
over the bicycle railroad on his ma.
chine. The thermometer registered
~ below zero. Blake made good
line, but when he arrived at Smith
vile he could not get of his bicycle;
he tried TO wrench himself free, but
failed. Blake was badly frozen, and
his hands were frozen to the brake.
A doctor was summoned; he shook
his bead when he first looked at
Blake, but sfterward thought his
patient would pull through all right,
aud Blake was taken home. He
suffered intense pain.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Perseverance In a Bachelor Rewarde,

Perseverance, In n Bachelor Rewarded.
The old fellow hustled up to the
desk of the marriage license clerk,
and without any formality or pre-.
liminaries he began, Give me a
marriage license" he said and give
it to me quick" who forf' asked
the ungrammatical clerk For my
self of course" The clerk gave a
long whistle Of surprise How old
are your" he inquired, opening up
his book. "Seventy-five." Ever
been married beforel" mo; this is
my first offense." What the mis-
chief does a man at your age want
to marry for2" Because he can"
1T isn't such a difficult thing to
marry, is it2" May not be for some
folks, said the aged applicant hur
riedly, but it seems so for me. /
made my first attempt when was
twenty, and for fifty-fve years I've
kept steady at it, but | never could
get woman to say yes until last
night, and III be swizzled if | know
how this one happened to, and ]
don't care. It's enough if she did,
and she did, and now | want to get
thatalicense and have her clinched
before she backs out. I've got her
outside in my wagon. with a police
man watching her, and want you
to hustle with the license. The
preachers waiting, and if there's no
preventing Providence you bet I'll
iiot ill a bachelors grave. Here's
your money. Goodby," and the
happy man grabbed his license and
ran for the wagon. Detroit Free
Press.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Briggs Case.

NEW YORK. Jan. 20. The Briggs
case will be appealed direct to the
general assembly. In furtherance
OF this action the prosecuting com.
mitiee filed with DR.. Alexander,
stated clerk of the presbytery, a no.
iice Of appeal. The committee says
II their action does not commend
itself to the general assembly the
appeal eau be dismissed without
prejudice to any interests.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

fof many yeafs "johhs HOPKINS
hna hon 4 fomiliat hafhe N The
Ieed tel comparatively few persons
khow anything N tlie innn whose
tetea hdufha The h6smtel nhd Uni
vefsily his ieeacics ~ Baltimore
tte VIVA hah ON 4 farm N Ahne
Arundel county. Nd In iiau NJ
tyuhher teteniape Whom quite .
touhe man he caine ~ Baltimore and
eaa soon established ia business He
was n bold but iudlcious ot,eratot
IN those days coffee and sugar were
usually sold nj auction they wotild
be pnl ~ IN lots. and. n The buyer
eaw hf he would use The privilege "
taking the whole NJ his siiccessftl
bid This Mr. Hopkins often did
thus monopolizing the market
Ne encouraged young inen starting
IN business. and would indOrse their
papef for n commission, which they
tbeeffully paid and having, az ne
had remarkably keen judgment, he
seldom lost, or rather his gains far
exceeded his losses He made n great
deal Of money In Baltimore and Ohio
stock In which he had great conf.
dence buying II at low prices and
holding Il until his prophecies were
When he was young he was in
love with FIRST cousin, but owing TO
family opposition he never married
her. Johns Hopkins lived plainly
and simply, dressed in the Quaker
style, was rather blunt in manner,
but ut the same time his uprightness
and rare business talents won the
respect Of the community. He died in
1873, in his house in town.
Besides the millions that he left for
the hospital and university, his
several nieces and nephews received
legacies, and he provided literally
for his sister, who survived him.
Kate Fields Washington
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

wAsniSorcS, ID. C.. Jan. a.
blaine 10 stronger today. In epot.
Ing 10 The house today The oomml,.
tee on election Of prs-sisa, says. rsl.
asiss TO the elll rspealinx the ss.isr.
al supervision cf election statutes.
that's ''vs'sc nass es f~ed fom
such ssp'easss and iusssswnes. >
and 'has '''hs peeP's have d<,,arl
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

For this place, said the man at
the desk, I'VE need man of praa,
self control" "'
That catches me, " replied the an.
plieant eagerly. Il can go bv .
'fresh Paint sign without puttins
my hands on the paint to see II Il &
fresh" " ~
Express o
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Negro Hung.

BIRMINGHAM, Ala, Jan. 20.-In
Pickens county two nights ago,
May Davis, a white Girl, aged ls,
gave birth TOT negro child, confess
lug James Williams, colored was lis
father. William was arrested, and
u masked mob overrowered the
officers, took Williams aud hanged
him.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

Fairmount Park Co. | :, SO, lO,ll,
II, bl 2s, $500.
W. Il. Grimm aud wife TO Anna
Johnson S.sT a, 1857.
q. h. Beebe aud wife TO Alfred
Z. Johnson s a, Sl2O.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

nfttFs Nobt fs0 - ms
sh, hAilea m tlhhtaalsles .snsloi
4 lbe mms a. yesterday Az ne
mAfck n b., kat bahoss NJ
tlviea slAtss @hs,m have been
Nst eilh6nl atsbet
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Old Egypt.

LONDON, Jan. 20. Uuder ins,ruc.
tions from the French foreign minis
ter, the French Ambassador has sen,
a note to the British foreign minis.
ter In reference to affairs In Egypt,
saying France could not remain In.
different TO ac,s on the part OF Grea,
Britain tending 90 Infringe on the
independence of the khedive.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

Myrile-Dont you think Mr.. BO,..,,
A@s Improved very much since his inns
May-oh, my, yea Why, last r;rs.
DO was abls 10 wear two eh,sg n,gn'
o'aaa osns !" h's oa''eaAols.- cAicaso Int,
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
CONGRESS.
More Senators.

CaAaLEsroS, w. Va, Jan. co.
The Republican caucus nominated
stephen II. Elkins for long term,
and ledge Edwin Coxwell for shor,
term la United states senate.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Notice.

Notice IL hereby given, that for the pur.
pose ~ making IN examination OF all per.
sons who may offer themselves ~ candl'
dates tor teachers Of the schools nf this
county. ! viii hold n public examination
~ -aleni, Oreson, ut ! O'Clock Wednesday.
FL bruaryS 4, lbOI
Applicants fer state commissions viii bo
examined at the same time.
All persons intending to apply for cortlh.
Gates at this time, should molly me by
letter before the eexamlrnilon
Stranlers viii be required 10 produce
evidence Of good moral character
The fee for the examin alton IN 81.
Dated his 10Th day Of January, 1898.
1-2Od&w2w J =. GRAHAM,
Co Supt. Marion Co
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Notice.

no Ice Is hereby given that the Clty Of
,itni aleil WIN receive seal d proposals fGr \
TO u o'clock noon, OF the 25ih DAG ot III i,,i ~
aIg, ! " ANY ptfsun having pTo' eriy
suitto,e ~, ,or NE purpose offhe building ,,r
Guy nan WI tubmit the pr0po al f,r iIs
sh 10 Nc cliy TO the Committee on stree,s
dns dnu PsDilc property, givlng AN accurate
uVSo, ~ 'ptnn oi Inc premises. The rigbt to
SeINeo' A. KLEIN,
I.Io., 0L0NEL j OLMsrED.
fi@''u GEo. Is. GRAY.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Out OF Respect.

WASHINGTON, Jan. 20.--The sen
ate adjourned out Of respect for tn,
memory Of President Hsye,
whose funeral took place this after
noon At Fremont. Ohio.
CONGRESS.
WASHINGTON, ID. G. Jan. 20.--
The House has adjourned out OF re-
specs for the late OK. President
Hayes.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
h0rkL ARRIVALS.
WILLAMETTE.

WILLAMETTE.
ID Hamburger, j. DeMers, p. IL.
Sexton J. p. I.amourret,e, 5. r..
Theo. Chausse. Grants Pass.
w. w. oglesby, Cottage Grove
Enos MeCaiifey, Santa Cruz.
:. +. Crawford, Pendlston.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
HARPER's PERIODICALS.
Per Year.

frst nnnmbn YD,hmes Of tbe Bazaar begin with the
wi, wnep hl no time IL meLil0ned. subscripilen.
Wmi pekIn with the Lumber curr"nt p,'yts ~ ~
tine OF receipt OF order. ''i'o"' a''D'
tbpee poaTa yao,. volumes Of Harper's Bazar ss
viii be- sent s h hDack, ~ neat cloth binding
es1P,esS, tree OF exptnss fnIpn.pdem p"tpp " ~, ~
une), IorH per volume '' "'''" per Wv
blndnma bl,m cases .,,s for each volume. suitable Df
re, eipt of wi'I oe sent by mail, postpaid, On
office cts money ~ should be made by post
VI loss, VI "it,to avoid cbascs
.Ise se11'wspapers 1'e,p, are not To copy this sdyer
Der 4 bro, ,wnithout the express order OF Aar
"oafeSs' HARPER d BROTHERS.
New ysrk.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
1893.
HARPER'S BAZAR.
ILLUSTRATED

:, Harper's Baznr IN a journaI for the HON.
givss we Iull' NJ ~ u latest iDfOriDa,ls
hpvut ihbblonB, ana Its numerous illuslsl
.ions, Paris designs,And paiiern-sbo al LOO
emepn b"ns hre Indispensable alike 10 III
npils drehs-mhkr ana the professiona
'ihouIsic. NO tApebse N sps red 10 mad
~. ~ hF,istc ~ irDelIvtbcss Sftbo bir hcsl %
ueL ils Drigbt stories, aDuslDg comedls.
@ and tb0ughuDl essbys s8Ilsfy MI tss9
vii and "'I png" ~ ihbous ~ IA budget a
.very tnlDg II Included which In of lntrfm
Woin'h Inc serials Tor 1893 win n
Writlep BY v alter Besant and Ednn ivail
onrnstln. oinds,d Ierhune II rrlck viii fur1isbs
pacl"nl series, entitled "At Tho Joiaf
grace King, y I've horne Miller a,d ,sn
nc d'tce Wh.eler VIII belfcquent cont,jE,
~, 10Y Woih VI women IN The columbian IL
poslgon WIZ be fully represent. d viii
awny awn;y nIuslfhLoDs. 4. W. Hig9inson, ID
audience. P'"'' "o"'t'a's'
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

SIMPLE cEnMoNrEs.

Rev. ,. l., AIbertson, Of Fremop
Methodist church. after a hymn ba,
been sung, read the card palm, snc
Was followed 10 prayer by Rev. DR.
Bashford, president OF Delaware col
icge, who officIa,ed at the wedding
Of ex-PresIdent Hayes, 45 years ago
Another hymn. the Lords prayer
repeated IinpressIvely, aud the sim
pie, solemn services at the house
we're over. The body bearers, eight
veterans Of General Hayes old 23rd
regiment, lifted the remains aud
bore them from the mansion aud
the long procession wound oui
through Bpiegel Grove TO Oak wood
whore after brief, simple ritual b,
the Grand Army OF tho Republic,
the remains were consigned TO thei,
last resting place.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
Allen Leads.

OLYMPIA, wn.. Jan. ao.--In Joint
sse,ion today ON 2lst ballot Edens,
~ ekaRit went over TO Allen. Kelly,
Who for several ballots voted for
Allen and Afterwards went to Tuv-
mr.. today changed back 10 Allen.
Ihs vote stands Allen 40. Turner 2s,
0rlxss n. TeA,s 0. wilsoni.
ALLEN oAiNISo.
Aflsr The cist ballot Mccroskey Of
hItman presented a resolution
1ol (hs Legislature urge tho Wash.
1nG>pn delegation IN congress 10
1910 sssry effort 10 secure lesisla-
ro providing for the election Of
oI>ed States senatos by direct vote
~ people. Adopted. /. was
- d<eided 70 take but two hallo,s
~ day. On the a2nd hallo,
161'a Kelly. and s@rgeaut OF
oeon E@lsos Of skasl,. hereto
5 Ievner men. voted for Allen,
61lnS total on last ballot, Allen
xorsse as. 0nsss ~. reAis. Q.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
MARKETS.

foarLA>p. Jsn. "a = whss,
valley, eliza Wallis Wslla. yi.osA
ti.o1i.
s1s FsAScaso. Dan. %. = wheat.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

A STEADY sober young man would
~ like to put some money IN RrOcers
fnn and have = steady position. Address,
A-cAfe JOUHsAg. LlD.I
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
School Tax Notice.

IN me school taN OF district No "a for ,bo
year lhg2 Is now due ana nsvahia M ~
"dnce OF w lie A. Moores. di,irIni aJ ai .he
o,en' Uoml - No 2H commercial street. sspero % =
oregon. The saine VIII be deeosd 9aden' "asi
f'eh' unless pad before March B. IsaS
l7-dw-2w u mJohE',
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
HARpEIyS PERIODICAL


Postage free 10 all Subscribers IN a
United States, Cap1dh, and Mexico,
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20

|k SDItHx sENvTES
n ~ tHsttsI N ~ IsssI
dtNl Hayes
1IAAb AMY W fuG HEftbtc
~ t,trSs Allenaanse N Hon
cfea tlnesis


ter~osf, isu ~ hi bfeuoos
'hso>~hds passsd 10 pfocsssiof
through ths chsmbef N death Il
vIew ~ ire last lime the vel
kpswn sN'stes N The desd es
president htsgeioch the cblidi
ves marched IN procession With 4
nst'orsI nss ., their head past ne
bi~s. followed by The civic socie.
Hes Of rfsmont Everything 10 The
wide sunny dining foom IN which
the ssmsins lay was In keeping
with the simpie life N the departed
statesman. Two rooms ~ the man.
sion we're filled with a distinguished
compspy when the simple service
f0f The dead president began At 2
o'esock This afternoon.
THosn pRKsEsr.
They Included President elect
Grover Cleveland, members Of Pres
ido1t tfarrIson's cabinet, 'epresenia
uves Qf the United States senate apo
holsss, representative Of the arm,
snd navy, Governor Mckinley and
1taiK, msmbers OF the Ohio legisls-
|uss s0d other representative bodIe,
md felands.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
1 Could Not sloop

HOOPS PlLLo orc purely vegetable, care
fully prepared from the best ingredients.
Evening capital journal. (Salem, Or.) 1888-1893, 1893-01-20
REAL ESTATE TRANSFERS

APPLICANT FOR A CLERKsHIp.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-01-31

The cold ware catches YOU with light cloth
ing on, aud you catch somelhing-~a bad
cold but it Is not so serious an affair if
yoh nave Adanson's Cough Basam in the
house. jan30d&w1w
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-01-31

for expenses of iIss bank affer paying the
state tax and the five per cent. dividend.
In view Of the increasing interest in the
Il velspnaent of New Hampshire. may not
10 ssssarsa q seerue 10 he state ii a Fe,lar-
ton we're fis.le ID this tax, il, part in The
form Of exemptions oi. deposits invested
nnier certain restrictions within the state
From the State Bank Examiners Re
port of lsss',
-sThr annual reporss Of the hanS exam
itser fvr the past Is wears demonstrate
s.iearIs thai sise savings hanks which have
Invested their deposits in the choicest Sc
curitscs have enjosSl the highest degree Of
prosperity ani are in "a condition today 10
meet tho et.,erscrsey of general financial
crisis without danger of Disaster or boss TO
their creditors
The Iosses which have been sustained
/ have generally occurred through invest
menis in miscellaneous bonds, the securities
i of small cities, ioetl corporations ani
/ mortgages OF oyer-valuesl real estate. Tbs
savings banks of Massachusetts,, COnnecti-
cut and New York are prohibited froul
holsiing these miscellaneous boHds,
ausi in consequence brokers dealing
( in this class of secari'Ics hsN''
! locked to Alsiae as their prin'
cipai market and 10 our ssFings banks as
/ the receptacle to absorb ,icra.
/ These bonds have no measure of market
value other than the price agreed upon be
| tween the broker and the bank in a barter
1 trade at such tiales AS the former makes his
pilgrimage 10 the counter of the savings in
stitn;ion.
| These bonds arr so little known that M
market price for ilt M is ever established
/ they never appreciate in times of buoyancy
1 III values and they are positively neon
vrrtible in general financial depression.
/ Managers of savings banks need Only to
review the record of their predecessors and
| associates in this State, 10 find convincing
evidence that the future growth and pros
perity Of their institutions largely depend
upon restricting their investments to such
securities as have a weil defined value on
the exchanges of the country.
No financial panic can disturb the con-
fidence of the public in savings banks whose
assets are composed of carefully selected
mortgages of real estate within the iimita-
| ton of our statutes: of credits of munich
palties and corporations of this State; of
| first mortgage bonds of railroads which
earn and pay regular cash dividends upon
their stock and bonds of such cities AS
! Boston, Chicago, Cincinnati, Cleveland,
Detroit and st. Louis, which not only have
high credit throughout this country, hut
whose securities are bought and sold on the
exchanges of London and Amsterdam"
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1893-01-31
SOUTH GARDINER.

The infant child Of Mr.. and Mrs. James
Fa,re has tlivsl, and will tc turie,i today.