davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
DENOUNCING THE "SCA MPS."
THE CHADWICK CLUBS PETITIONS.
UNAUTHORIZED PEOPLE COLLECTING THEM
NEWS FROM THE TRADES UNIONS.


Charles b. Slower secretary Of the Chadwick Civic
Club, the following statement to all the Central
labor bodies yesterday:
just been discovered that some unauthorized
scamps going about the city and collecting the petit
tons distributed public places for signatures
VINO these scamps and who pays them 70 do this
dirty WORK You imagine for yourself.
We must make special effort U cope with Doodle ana
rascaty. We leg every workincman get copies OF
the petition and circulate the IN the place where
he employed and then the names in safety
the undersigned and every person who sides with
Should do all he swell the number Of petitioners
We further beg all members OF trade unions to expose
public contempt the flake" labor organizers who
passing resolutions in favor OF extension OF the
"I'' monopoly
Below IS list Of the unions which up date have
indoIsed position Let every wOrkncnan see that
: list and victory is II
union sends its resolutions the undersigned we
VIII before Rapid Transit Commission
Then follows list of thirtv-two labor oreanza
ions that have adopted resolutions protesting against
extension Of the Manhattan Elevated Railway.
4 mass meeting Of members OF trades unions Will
be held in Clarendon HILL on Friday evening TO dis
cusS rapid transit plans
Tho Central Labor Union sent ont the following
questions relating 10 immigration TO all the trades
unions I'm the city:
Are you In favor Of restricting immigration,
To what extent would your union restrict immigra
Are you In favor Of n head taxi
Are YOU in favor Of an educational qualification
Is yOur trade affected by immigration. and II so. to
what extent
The unions answers to these questions will be
printed.
Tho. Journeymen Tailors Protective and Beneyo-
lent Union held macs meeting Yesterday at No.
23i East Thirty thrdst, TO discuss the sweating
system.
The 400 pearl button makers who struck last wccl;
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
THE PETROLEUM MARKET.
NEWS FROM THE FIELD AND RANGE OF Pr

NEWS FROM THE FIELD AND RANGE OF PRICES.
The petroleum situation IS unchanged both hcld
and in the speculative markets. The Mcdonald pool
shows production Of 50C0 barrels day, and this
has been without practical change during
The general Of the output shows tendency
cline and the January pipe line repat ought reflect
reduction in net stocks above ground OF from 500 coo
100000 barrels. Charters large and the oil markets
rule show seadincss Of There were moierai.
sales in National Transit certificates Stock In.
change OF the close Of last but option .ecua
at the Consolidated Board Was almost neglected. The
Little squirt In Buckeye PIPE Line certificate, pT
M9us week was not followed by any developments
last week
- The partial pipe line reports for the PENNSYLVANIA,
West Virginia and other related fields January 10
20 (chatcrs 20 the 27t!, inclusive, follows
Excess
Runs. Deliveries delne les. Charters
Total barrels. 1851 2Ol2,33 go CO., sol $40
AV per day. 5o,o1 1886 2l,525 7O.i"o
The range Of prices and the total dealings In National
Transit certificates at the Stock LNcnage and
soHcated STOCK and Petroleum Exchange two
as follows
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
DETAILED FORECAST FOR TO-DAY.

For New England, Eastern NewYork, Eastern Penn.
syvania New.Jerscy. Delaware. Maryland aud Virginia
fair colder; westerly winds
For Western New.Yoik, Western PENNSYLVANIA West
Virginia and OHIO fair colder.
For Indiana aud | nOis, Northern
Illinois warmer colder Monday night.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
FOR A MASS. MEETING on TIE WEST SIDE.

A mass meeting OF citizens Of the upper West Side
will be held tonight at the Bloomingdale Reformed
Church, Boulevard and SIXTY eighth-St at 80 p. m
protest against the of the Boulevard for the
elevated railway. An invitation has been extended
to all West SiderS TO attend the meeting. and those
most interested say there will be a large gathering
and that many will join in vigorously opposing any
movement 10 grant franchise for the Boulevard. The
Rev. Madison c. Peters will preside al the meeting.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

Refined petroleum was unchanged $50 cents Per gal
Ion III barrels and 2.sO cents bulk New ok and
90 cents IN barrels and 215 cents In bulk Philadelphia
anu ballmOse Eases were quoted at CID gallon
crude OIL was unchanged at 53j cents gallon IA barrels
ana $50 cents In bulk, Washington crude being 81 and
10 cents Naphtha $50 q gallon
No alteration reported ga quotations. which
rue9 az l< francs per 100 kOs al Antwerp, 545
per % koS at Bremen aud AID. per Imperial gallon
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
LIVE STOCK MARKET

Ncw.York Saturday. January 29.-BEEvES-Bccepts
- 19 h@1d-20 fpT Eastm1ns Company and
30 fo= export alive London. No trading IN
! citing. Feeling nrm. Shipments reported No later
cable
CALvES-Receipts. 1870 head. nearly ell srassets and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

Tribune ONCE. Jan. 80. / a. m-Thefe was a good deal
Of fog yesterday, and 40 inch OF with hsht winds,
shifting from nor.hcastefy TO southWestcy and followed
evening by clear skies The temperature ranged be-
tween AZ degrees and 80 the (3) being
than Saturday.
and this city to-day there viii probably be fair
colder weathcr.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

LiyTpooi toic.rim, ] ,. m.-I.cccp,s IL ooo hac,
Of which, American II 900 bales Sale. 0o) 51ls 81
1000 ,lc,. spoo market dull. but hTm Middinc uD-
land. 5i-d.
option trading tho local market mod ratcly
active. ard vita light port receipts thc n1fAet wa,
>,oldy final quotations indicating GGy1ucc VI laj
points for the day sa.c,. - Coo bales
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
TRIBUNE LOCAL OBSERVATIONS.

Ia this diagram continuous white line SHOWS the
changes In pressure indicated by The T5unes sell,
recording barometer The broken line represents The tenn
perstuIe a. observed at Perry's Pharmacy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

cash quotations follows -Four, son VIVA. va
sctt,d and dull; Winter Iatcnts ~ 10 =; H. "."' n
,tr,rht - .Oaf5 20 ring pa" - ''"Ff ~ - "a,
s.rarht, i. 75a ~: haNcft'. II 'I"t- 20 - ,P
what 72ec. 80 3 .prng what, ultb'ci -" !''
- =, , corn it-c No g. tOc 40 - oit., 500 "54 >,
10 white. 3,'sc; No whit. Stc 40 rye, '"' ~ :
i,r1y 6ic so 8 T. b. 42nGjc 40 4. l. o. D so i"-
rrire timothy seed. - - larl peg 100 y, I'll '' ,
shoft m. sides loose SO %"d7lo@V, ,h.U ,'iF -'''
lD,st 30 HuGslO - "hi-h'F dI.il'T' finished s''I''
-. l.-.I.1 ll.lt
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

Good Ordnary......- g.. Low N!eilinr .........Sis
Str! { Good OriuIry ~ Nddnhg ............. l-lo
The Ior, receipts e>tmaird 10 600 bales. CON.
pairing s. .o4 halc~ the -Ipndlng cir lat
year. september receipts hst" tc'n 3?3i 0J
bales a-ainet 3S I41 bilcS durln; IT, bonding
period a The figures appended show the weeks
crop
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
THE MONETARY SITUATION.

Although Treasury disbursements were not large
aud shipments of gold caused loss of nearly
SLiOU,uUO, receipts of currency from the in
terror continued on large scale, and the money
markets ahnndantly supplied. Rates for
both call and tim" loans again were materially
easier. At the Stock Exchange there was an
excessive supply of oanabe funds, and on several
days in the week large balances could not be
placed, even at nominal ilguIes. Rates ranged
from | To 3 per cent. and. while renewals gen.
orally were made at the higher figure, the bulk
Of the Ecw business was done. rs rule, at
. per cent. The time money market presented
similar conditions The supply was greatly in
excess of business and speculative require
mcnts AND lenders were glad 10 accept 3 i-2
per cent for short loars and per cent for four
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

! ttsl
on he II ,ucc fNchangc today t.c butter market va
quiet ', oFoan.cfy, 2@aaic, dary. 3ia2s..
caeapan jan 2s7qgl IN godc' s tceand d,o %nca
no none. Corn S qai. So miy 4243rc OF, 1t @dy
MG s TSe S ar ,~,d a. fI5 90 nut mats aa
10 a2G Iacoa 't.aly 'I2 2s %%-k g,a. ''I . y
sc.acrE ssc5ie:: S%no. 25"-'e' dairy zoe s4F-'
MnwaaE,e Jan. es.-Flou! quiet Wat cay: N.Y.
a lU' so 3 e. Gi,s ann SO gh,. al So do
ys guie, 50 Wa rFGyl,igo, qTa rc5 r., M1y
F Foi o'iGo bis; 5irl.y. IHsc9o bush.
Ssss % ,., :SiS ss ii%5 stl; :ai
,,sge go oo Irq - ,tf.p: 2-@ er.h , IA
bush Milling y heat. by ,ampc. 73asoc 80 ON ,ir,as
my. -L@t' N3rsS So iSn"'f Nov !S 1
mlycl ,ld;l.e rcccp'; -olG bum Shipment 49,.
AID .;,ldy. 80. = white W,.,en. iial-r; 10. min 6!
d. 49,; 90, tGcrr'- 2,oG 1G:e r'n .
shipments i2.sj7 bush .toet lot3s! bush. Hay arm.
ann vim fair demand cotton nominal ml4dline. 100.
n n"dr %a. i" ANY do Pe' j' acy '' do M
s9c. Corcr hrm and acthr: Io cargo, far is1ae
; No sugar un.hsGrcd 0'p'F '''F
Minneapolis. Jan. IS The cold that Mr. Cudrhy con.
tr,ctrd in Cincinnati had more elect upon The whclt
msnTn and a. a result Of NAT the w.,' MARKET wcit
pc tG2y c There Nav wa, o s2 NV" = and Gq' at
5GLc @fief selling al 7oac. The uod.ns not 9,y
rSrr , Is no feature Of tie ~,;on to m nlon c>cp a.
above. There va good ir9lc i9 go-. Wheat VIZ a
Muf' :. car. Of No Northern sod at 10 ca
x Il. p. o. wheat here We're 20 gas a@i Duluth and
Saeg a. cars" track lo no. haG zoe. No XortHr
IS; 40. > Northern, 65c.
TGiGc gEnasnar nG sS. %a r f' 2T nous r a
end II s,a - per 100 n for new: Wheat srt
depressed and pric" cinci -" N s, ~ H"r
79lsg79'.c. conception ,lar@'t ody'ncei 80 'c No.
io " T,G har Sf Maroh Gcl@ry 81 80 Janua
s s$G @oG Fe1naTy o. n steady for both cs o.
onl options -slcs ns1atd Xec f2s v Mr. an w,
t2 !as E,ra , .5S M,T n-t 1is crea A
extra. 81 d32c: Iennsyl.ania prints rNri. &c i99s
,carcc and hrm; PENNSYLVANIA mt, o'c' SUGAR ie,ar
powdered 5.c nnc rlanulatci, ~ taud,r d., ~
crown \. 'iec; cry.t9l A. t.c double r',ined diamond
Stone :. asc: Franklin II i'.c do extra c. d. rd
tar ~ green ,iar G. ic o3n n'r aTs'' coa
What eco hush; corn, 80 coo bush OATS 300 bush
opened weak and sold down to lc below Yesterday
special r'c9ycry folo",d n%, snoner d'Clnr c'frl
7aec July. 744c Corn went down Early but rccoY"rod
TST rb ' cased hieer c Msrch lie NV 43r
oats unchanged cash. 32ic esked MAY sold 35sc. K'c
G Gra s o mntnana Lad '% a "S 1rtr
Quiet 40 Tgia"r Lover ram,Ty a., ~" 9os d,.r Is
,tcody: g 3D. naagns; Gqd cooqss unThaneca PORK
a np bacon nr% ct lows quotations Eceint.-FIoGr
600 hbls; wheat. G3Gco ouSh corn. lS2. 600; oats
200 bush corn 900 oats 900 bush; ryc 3 600
bush harley, 1000 bush.
Cora ran" nm 1scr 80 AZ NJ t f"'n Nav t 4%y
Ont, quiet cash. BIB. Rye dun cash. co.. Co,cr.
- o. Eac@pi- Wheat. 100 bush tofn 35ooi BUSH
shipmcnt'-Whcat. l2o0 bush corn, 1900 bush; oats,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
COMPARATIVE BALANCE sHEEI
Assets.
..s52 1922 sol ,oO2,76i sj5'osi,esi
THE WEEK AT TIE STOCK EXCHANGE.

Totals ...... sj2 s. { o42 jicO2 76l SIS oii 81
Col Transported, tons. o.039,iU9 9QOJoA 95-'"s
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
DON'T WORRY ABOUT ENGLAND.
From The New.York Recorder RepN.

Probably, with Mr.. Gladstone In power there will
be 20 great difficulty in arranging an understanding be-
tween the English Government and our which
viii respect the wishes OF the Hawaiian people and
tho same time amply protect American interests in
the Islands. which are large and valuable. Mr.. Glad
stone Is not Lord Salisbury his we'll established for
eign policy Is always to quietly adjust these ttlc
questions In which no important British interests
are involved, and preserve International peace aud
good will.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
p,lanc. o, profit So GO PA s2.4l54O3 s2,Gls4u

The balance shec. of the company showed no
important changes. The amount of securities
held by the company was increased in The, year
materials on hand and of coal on hand was
little less The funded debt was reduced nv
$500. 900, but the current Liabilities We're IN.
creased by over 81 100000. The comparison OF
balance sheets for three years is as follows;
COMPARATIVE BALANCE SHEETS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

Totals 100 l199OD SD@oO 100 COOS leo ass 1000 %
The bani; exchange, Of the Ncw-Yorl Clearing
House and the stocks sold at the Newton Stock
Exchange last Wees and for the week of the pre-
ccdine two years compare as follows:
Jan a. 'gl Jan 30 '02. Jan o. '93
Exchanges S5S32 POI 81 1903 sOi 29G $3.50 l2S
No slal,s snld -. l.IOS.OIl s.O!9.4l 2..Ot lys
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30

From The Philadelphia Press Rcp)

Half century ago the United States declared the
occupation of the Islands by any European power
would DO a fit ground for war This is sill tr,ier TO-
day. If the past fiction OF native rule cannot be
longer maintained, only is open. The
United states must accept this island but this should
not be done without careful consideration OF our
treaty obligations 10 France and England, and the
possibility Of restoring native rule with American
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
WHAT DOES 1T INVOLvE7

From the New York World (Dem).
Before deciding TO accept the Sandwich Islands II
will DO we'll TO wait until the of the concession
are made public. Sometimes free gift is altogether
too expensive.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
NO OTHER NATIONS WOULD HESITATE.
III. rh Ind

IIHIdUFIPIIIe ItFVVIU NIIu'T
The invitation IS one which OF the European
Powers would be glad to accept, for the great vane
of the Islands from maritime military point of
view Is unQuestionable. The policy OF our Govern
ment will naturally he TO hold alOO unless the pro
lection OF American lives interests should demand
Intervention; bnt situation may easily arise which
would compel departure from this prudent and time
honored course. and the Navy Department has been
wise in taking prompt measures to meet any possible
emergency.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-01-30
WOULD THERE BE CoMPLlCATIoNsi

Whether the next step will be logically annexation
10 the United States Is a difficult question That
such the ultimate result be expected seems prob
able. but IT could not be accomplished now without
complications II would be better to avoid. and our
Government can best afford TO watch and await events
The landing of force of United States marines at
Honolulu may be regarded merely piece OF public
police service, and not as assuming ANYTHING like
protectorate. We must, OF course. defend Hawaii
against Interference from any other nation, but MS to
taking this unfortunate little country into the Union,
thera Is Tine enough for fhat.
The Lake Charles echo., 1893-10-13

ELECTRICITY Om saae Esyrazn1dls.
st. Louis Globe.Demoerat
ln h's autobiography the lateSiF w
SiemenS relatsr the following aitctiur.
An Arab called his atteuilon 10 th,
TACT that whe" at the tsp of the Pyra
mid Of Che ps, wh"n he raised hle
hand with fngers outspread, an acute
singing note was heard, the suuud ceas.
ing As soon as he let his hand fall,
Il found hls assertion" be writes.
ste BE- true. As 5000 as / raised on,
If my own fHgeFs above nv bead |
felt paekIing in the fingers Tna
this c"uId only be caused by an eIec,rl
''al ph"nomenOn WIS proved BY The
-ltRhl ELECTRIC shock felt on irving l..
drink out of a wine buttle. Sol wrau
'''-d full bOttle of wine thai hsd
with me lu damp paper and thu. con
V"rtrd 1t in o L,yden bottle, whrch
WAS soon strongly charged with pIec.
rcIiy 10y the simple device Of holding
I high above my head. The Arab
had already becom" tiistrusttu on spr
ng small Ilghtnings. as it, we're Issu4
!'"m The wiSe bottles hpld up hy mi
self and companions. and now b, Id =
t'rl+t consultation. Suddenly, At g,v
III gnal, zach of my cnmpanlons VA
ST. I'd sby the, guide Rho bad led h,n.
rP, who now tried 10 f"rce hun to o,
h"wp again. ImyseIf was standing
he S"ry top OF the pyrRm,d, wh5p u,
,h"lk of The Ar lbs came TO mp and
'"ld me, through my interpreter, tha,
ne Arahs had determ ned thai W. were
At "nce to leave the pyramid. brcanA,
We were PracuGing magic, andI Nigh,
'iamage their ohancp of their jearnlnt,
\ hvmg. OD my refusing to Chpy ar
t"rs, the shelk caught bold nfamV l4fr
hand. had awaited this ,mump H.
and held up my right hand with ths
ba'tle, Ia the attitude OF q magician
+f'srward lowering it slowly tnwar,
he point of the sbeIk'R nose Whp,
qnrle close 10 that f-atnFr / felt viz
'rnt shock run thr"u b the ,bn,tle t,
my arm, aud WAS certain that the she'll
nus have rrce'veo the equivalent Al,
any rate be fell senseleas, 20 thpHtanas
tnn Few anx1OnB moments passed b..
t%E+ he. rose Anddruly with a Iond or,
thd Epr"ng down the gigantic steps ID
fbe pyramid with long strides. TIL.
Arabs selhg this, and excited BIZ .flht
abe'k'~ constant cries Of Magic! M 4giE!
released my companions and followec
their leader, Ira'ing us complete mas
ers of the pyrnm d."
The Lake Charles echo., 1893-10-13

San FRAEoIrCO, Cal, Oct. 3 -Th
strain J aule Trnds.r of the A,crl,
whaling fee:, which arrived from Her
"ch+l islands yesterday, sbrlngs tb,
news thai Capt. Porter of the st-sn
"haIer n Wport reached 81 tlegre,
north iaHhnde, the most norths.rig pom
ever reached by man. The N,,wpor
"lntered ut the H4rscheI islands apc
hIs summer. aided by an open a.,
particularly free from ice, worked il,
way north while 10 pursuit of whalrl
% "a degrees, or within six degree,
# the north pole.k The ship was stnp
ped, bur il Is The epiuiun that had 1h.
Nrwport been supplied with dogs anf
fledges the n"r'b pole could easll,
h"Vr besn reached by travelling t,ver
Fhe ice. The N"wport left San Frau
cisco 10 the spring Of 1899 and WIN
erred Vt the Hzrschel islaIds, whiel
are % degrees so minutes north and
July Ia. 1893, start,-d northward aftrr
whale. Shr pr"c4eded 10 Gapr Bath.
'lest and cfnrs' d along the edge Of rh,
'cs past PaBe~ Patrick island aud fhpr
aorth. The N,-@port was formerly o
Fosstiog s'eamer and registers only 2le
ons. Asa reward for her captain
dating N going so far north she to
wenty five whales. The Greeley *
edition. which 10 1889 sesched SO
degrees 20 minutes north lat,lud.. b.
ap 10 this year held the Eeeprd fi.I
l..snelraling neafest the nar,h pok-,
The Newport will spend this winter b.
he H-rschrl islands with the rest oi
the whaling feet.
The Lake Charles echo., 1893-10-13
OKLAHOMA ~CHOoLLANRss.
Nearly a million Acres 40 NE
hssAt by @eaaee Bids

Guthrie, Ok, Ocl. There are
nearly 1000, QUO acres of school landr
10 the CneF"kee strip and adjaeeBt
reservations recently opened 40 settle
ment, GOV. Renfrow is daily recery
ing hundreds ot letters from all part.
of the wesl and southwest inuuring
abuur these lands, whether they are
for sale, how to settle on them, etc.
For the information of the general
public the governor wishes to state
that the school lands are not for sale
aud will not be nutll after the territory
becomes a state. At present they can
only be leased, and as soon as be re
oe!veB Instructions from the sscrer ary
of the ln'erpT (wrIh'n q few weeks at
The farthest) J he will advertise for bids
fer said lands upon q certain gwen
date, all leases to be for three years.
Sealed bids must be made upon
f"rms of applcatInn prepared by the
governor aud b. filed with him before
the day set for the opening, and each
quarter-aectIon will b.. awarded 10 the
highest brdd'rs provided thai Do quarter
shall be leased for less than S25 per
annum, and no one prrson shall ieas'
more than one quarter section,
Payments may be made in cash or
bV notes With approved security, aud
all business connected with the leasing
mnsr BE- trans acted with the goyeruor
Ht Gulhrle.
N" priority will be gained by an,
person settling up'n any of the scboUt
lands b fore the time of leasing and
40 provisions have a second lease III
the expiration of ,h' three years, bn
20 d"nb' Congress- will make som
just and equitable rule PREDICTING
both The sestl'r ami b. schuol fund
The Lake Charles echo., 1893-10-13
. lAe Hllee Iasla..,.g . -


From the Aneriean Greser. Oct, =, 1888
'Tpe rice Industry has br,.ugh the
largest and most desirable lmmiggatton
laio Lenls.ana that has been reeelv4d
"a the state s,nse The civil war. I'LL
has afforded snbslsIepce aid snppOrl
20 psrhaps one.iifsh It's native pepnla
tion. Bot If its product be bammerea
down 10 horsefted figures analhe,I
year The luslnstFy must be generaIl,
abandoned and great prlvatiun ana
suffering endnFsd before its followers
are able TO embark 10 other and less
disastrous pursuits
The statement conisined in the firsii
tRp sentsnces Of the abpga pilragrapl,
fram correspondent Of the L0aisiaaa
Planter may be accepted ~ lact.
Rice, boweser, ID DO exception Ia the
law of supply and demand, which
alone regulates prices
One Of The drawbacks 10 agriculture.
and hortieuliHFs in she United States
Ii the fact that 10 sooner does the
cultivation af any one article bscum.
ipspdlables than, Il il taken III d aigpI
TN an immsnBe increase ID she AFaa
devoted u i'll prudpetion and thai lhe
dema8d ID pqaetieaily unlimited. Uhe
plansegs u Louisiana f,,nnd rice grow
Ing pF4diabie, and like The orange
gfowers pf Algfida and lhe fFnit pro-
dpasga Of galifoEnia, they extended
The Lake Charles echo., 1893-10-13
COOP PAPER M0NEY.

q
Few realize the superiority Of nation
81 bank notes over all other forms il
bank notes ever issued IN this country
Whatever may be saia Of The national
bank syatem Is whole, the notascifcu-
lated under that system ere simply par
lection. They are fer all domestic nsss
rs good as gold and much more conyen-
lent. I'm the FIRST seven months Of this
year Il3 natioual banks suapandad
business come Of them never to reopen.
Every one Of these banks had nutas m
oireulation at the time of suspension
III the aggregate these amounted to
several millions. They were issned by
banks In tWentg.nins states and terri
tories, from Nsw Hampshire 10 Oklabo.
ma. These notes were in the hands of
sil classes, poor and rich, etneated and
ignorant. Not single one of these
holders felt the least alarm when told
that the bank issuiug tIIe nots in their
l,rpcket-b0ok had fsiled, They read II
be papers from day to day the failure
Of this bank and that but never once
Examined the bills in their possession to
see il the Notes belo' ged to the failed
bank. These notes of suspended banks
have passed from hand TO hand ever
since the disaster as readily aa the notes
/ Of the strongest bank of the country.
These are the kind of bank notes that
the. people waut. They are always bet
tsr than the baBk that issued them. and
better than the securities of the state in
which the banks are located, becanse
they have behind them the pledge Of
redemption bT the United States guy
eminent. The federal authorities can
AFT nd to give this pledge because the
bFnk iasnipg the notes has put mp $780,
GOO in United States bonds for every
$50 600 IN notes outstanding. Il is
thus splendid security that removes all
anxiety on the part Of bill holders. 1t
matters little to them what becomes of
the bank whose name is on the note.
D faleations may occur or bad loans
may be made. Such things give them
no anxiety. The bill will not b. refused
byanyoDef for anything purcha abls. with
money. Under the old state bank sys-
tenn, which the national bank systrm
superseded thirty years ago, if 1l3
banks had tailed in OK many Localities,
the chances are snch wholesale failnt.
would have crippled every bank in the
c 'nntry. Such sudden wlpiBg ont f
the peoples money would Lave bern
followed by widespread disaster. TIE
very ih"nghtt0f such q calamity ought
to forever postpone any action on the
part If congress lOnking to the re-estah-
lIshment of state banks 90 any security
less valuable than that on which the
national bank System rests.
True facts caught from the rays OF
the Sun,