davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
THE CLEARINGHOUSE SYSTEM.

The bank clearinghouse system has
been adopted by banking institutions in
every city of any commercial impor-
TANGO in the country. The clearing
house in connection with banks has be-
come the greatest institution for econ
omiZing the use of real money In
exchange that was ever invented. One
of the most important functions of the
clearing house, however, is to maintain
the s~oundness and sec urity of banking
business. There are sound banks which
are not members of clearinghouse asso-
Citations. There are such in this city
for the reason that the deservedly high
character of the managers commands
confidence. Still, as a rule. the bank
which is outside the clearinghouse as
ISOLATION is not accorded the confidence
which banks should enjoy which are
members of a well-conducted institution
of that character. The bank, national
sion to the clearinghouse association
where it is located. is a good one to keep
away from. The reason Is this: The
clearinghouse association will not
admit Il bank to membership
unless it does It's business in
produce to experienced bankers evil
dence of financial ~soundness. This is
essential. because the banks in a clear
ing house, must practically accept as
good the drafts of each other. AS the
result of a days transactions ono bank
may be the debtor of the clearing house
that is, of all the other banks-and
consequently its check must often be
taken for that Indebtedness. 1t there
fore stands to reason that n bank which
is suspected of actual weakness would
not be admitted to membership. An
other and very essential feature Of the
clearing house is that in time of sudden
emergency to one bank all the banks of
the association will come to its rescue
if, upon q presentation of its affairs, it
can show to the clearinghouse man
ayers that its condition will warrant il.
A bank may Rave which can
not be made available at once, and
which, if there should be "a heavy de-
mand upon it's available funds, could
not be used to prevent suspension. IL
such q bank were a member OF the
clearing house its associates would take
the sound paper or collaterals of such a
bank and let it have the funds to meet
current obligations while the stress was
on. 1t needs no elaboration to prove to
an intelligent person that the best bank
is stronger by being n member of the
clearing house than it can be standing
alone. since it has behind 1t the COM
bined support of all it's associates in any
emergency which may possibly come TO
the most reliable of banks once in a
generation. At the same time clearing
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
FEEBLE. n D SCHOOL.
Investigation by the Governor and Board Of
Charities-Testimcny 10 BE Taken To-Day.

The State Board of Charities. with Gov.
Matthews. will begin the investigation
into the allie ged abuses IN the Fort Wayne
School for Predetermined, at 10 o'clock
this morning. at the Statehouse. Several
witnesses have been summoned TO appear
before the board. among whom are Mrs.
Arens and Mrs. Lewis, of this city. Ii has
recently been made known TO the board
that these ladies are IN possession of facts
and minors connected with the ~institu-
ton. and they will be ssked TO divulge the
source and nature of their information.
Ii is the purpose of those conducting the
inquiry to refrain from touching upon the
reported acts of John O.. Blake. the late
examination will be gone into in order
TO determine whether or not the
alleged abuses committed by him have
been practiced by tue inmates Re Gently
charges have been made against Mrs. Orr,
matron of the institution. These COM.
plants are made by one of the employees, q
Mrs. Astrey. and will be thoroughly looked
that the charges are gronndless and have
enanated through feminine jealousy.
The employe. Wehbcr, who was dis
charged after the resignation of Superin-
tendeDt Blake, also asserts that many ir-
Irregularities have been prevalent in the
purchasing of supplies for the institution.
and he boldly charges that favoritism has
been shown IN the dealings of the employees
in this department.. The Board of Chari-
ties place little credence In the statements
made in relation TO the many abuses. buc
propose TO thoroughly look into all charges
in order that the public may be placed in
possession OF the facts in the case.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

"wben I first went TO Kansas" said the man
with the ginger beard, 'the snakes on my farm
was as thick as feas on Johnson's yaller dog
there. Me and my boys started in with clubs TO
a-killin' OF 'em. an no doubt would have a-got
away with all of 'em in that way, when O old
Inlun come along one day and showed US the
mistake we was MAXIM"
"why, what was they good feri" asked. the
grocer.
"They wasn't good fer nothin,'" answered the
man with the ginger beard, "but that amt the
pint. You see. every one OF them snakes had O
hole In the ground, and as many OF 'em was big
fellers. these here holes was big enough TO trip
up O boss and mebbe break his lsig. OF course,
when we killed a snake with a club, the hole he
lived in when he was at home was left in the
ground jist the same. So Mister Injun put us
onto a new scheme. The idee was TO let the
snake get about half way into his hole an then
grab him By the tail and pull"
'Oh, L see,' said the man from Flat creek.
'The snake would pull in two and that would
leave the hole plugged up"
This really was the explanation that the man
with the ginger beard intended To give. but it
would never do to admit that he had been an
ticipated. SO he said:
Nav. Nothin' OF the sort. You see the
snake would swell hisself all up. 90 he couldn't be
pulled out'n the hole, aud we would keep on
pullin' at hun and purity soon snake, hole and
all would be pulled right out'n the ground as
slick as a whistle. After we had did that we'd
take Mister Snake over TO another hole that
he would about fit and pull 1t out OF the
ground In the same way. / tell you, what them
Injuns don't know about the secrets of natur
amt worth knowin'."
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
THE LAwLEssSEss AT TERRE HAUTR.

The action of Senator Vocrhe cess man,
Donham. in Selling the Terre Haute
postofice Friday night in open defiance
of what is equivalent to an order of the
Postofice Department to wait until Sat-
urday night for the transfer, is the most
remarkable in the history of Democratic
lawlessness in Indiana. There is no dis
pute in regard to the situation. Mr..
Greiner, the postmaster in charge, was
presented with the commission and
bond of Mr.. Donham, who demanded
immediate possession of the Office. The
business of the day had begun; the
money-order Office was running, and
the sale of stamps was going on. If Mr..
GTeiner had complied there could have
been no settlement of his accounts such
as the law requires, because the condi-
ton of the business could not have been
known at the hour the demand was
made. MIR. Greiner telegraphed the de-
partment for instructions, and the As
sistant Postmaster-general, who is in
charge of that branch of the service.
RAA thot 10 w AZ
office Saturday night after business
hours" and further. $50 advise Mr..
Donham and conform to CUSTOM"
This is an order of the Postoffice De-
partment; and yet Donham proceeded
to seize the postmaster's Office, and dur
ing the night broke into the interior
OF the building and assumed control Of
the Office. The regulations of the de-
partment prohibit postmasters from en-
ployinR, reinstating or removing ear
riers, yet Donham discharged every car
rier found in the office and appointed a
new force. The motive of thus burg
larizin1 the pOstoffice was to get con-
troll in season to prevent the examina-
ton, under civil-service rules, of candi-
dates for subordinate places in the
Office. 1t was done simply to secure
the appointment of twenty carriers.
The whole transaction is in defiance
of law as it is of public decency. After
the telegram from the Assistant POST
legal right to break into the Terre
Haute postoffice than he had to gain
access to the vaults of a national bank
in that city by using burglars tools.
The time set for the transfer of the
Office was in accordance with custom.
There was no unnecessary delay.
The retiring postmaster had a
right to hold the office until his
accounts could be put in shape
for the orderly transfer of the property
and money, to the end that receipts
might be received from his successor
which would relieve him and his bonds
men from responsibility. This was de-
MED. Like a burglar with pistol In
hand rather than q commissioned Off
cial sworn to obey the laws. Donham
demanded possession of the office with
out receipting for the property, and
practically seized it by force. If Mr..
Greiner had surrendered he and his
bOndSmen would have been held. Ii
the subsequent action of Donham does
not relieve Greiner from financial re-
sponsibility it is because his action is
sustained by the Postmaster-general.
1t remains to be seen if President
Cleveland will sustain this lawless and
violent conduct of Mr.. Voorhees's post
master.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
TIE BUSINESS INDICATIONS.

1t ia now evident that the bank sus-
pensions and other business embarrass-
ments the past week are lot Indicative
of any general business arrangement or
depression throughout the country. The
bank suspensions are traceable to iDsti-
tutions which have been controlled in
utter disregard of conservative business
principles. AS the natural result a few
banks which were doing n legitimate
business nave been drawn into the dis
aster with those which were the first to
fail. All of them can be traced TO two
selves over several States and have been
doing an illegitimate banking business.
The fact that the disaster stopped with
the recklessly managed banks and their
decoys, and two or three banks corre-
spending with them, goes to prove the
general soundness of the banks of the
country at large. There is nothing in
the situation to disturb confidence in
banks which are well managed. There
is an abundance of money in the coun-
Wy ~ CdilJ vi ~ lckitiildtC DuSllc5es
SO that actual s~trinRency cannot come
unless people become suspicious and
withdraw money from the channels
of circulation. During the past
week the Bank of England adj
vanced its rate of discount to 3l2
per cent, which indicates q fear
of a call upon its gold reserves rather
han a %strineency of the market. The
number of commercial failures has in
creased considerably compared with a
such unfavorable indications, the bank
clearings indicate a large volume of
commercial business, the aggregate be-
ing II per cent. larger last week than
they were q ear ago In III purely
speculative field the past two or three
weeks have been anything but favora-
BILE. The So called industrial stocks'
have been having a bad season, and
similar railroad stocks OF a speculative,
rather than real, value have declined.
The iron and the wool markets are con-
siderably embarrassed. The former is
due to overproduction and low prices.
The supply was fully up to the demand
before the presidential election. The
result of the election was to check new
manufacturing ventures which called
for large quantities of iron and steel.
Until hat event there had never been,
in the same period. such an expansion
of industrial enterprises as during the
year preceding it. Contraction fol-
lowed, and that contraction has brought
depression to the iron industry. The
prospect of free wool has upset that
market, since no one will purchase with
a certainty of legislation which will re-
duce the price. European cables indi-
cate q serious shortage of food products.
due TO long-continued drought, while
the crop reports indicate that the yield
of wheat in this country will be 100, 000.-
600 bushels less thar last year. On its
face this would indicate better prices
for wheat than have prevailed the past
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
Cieveiand's Head ia n bag.
PERU. IND.

Philadelphia Evening Telegraph.
Those who have seen President Cleveland
lately say that he Is making use of a queer
expression which shows that his mind Is
not clear upon many matters brought be-
fore him. A banker who spoke TO him
about the policy of issuing bonds saw
Cleveland make o queer motion OF gesture
by which he seemed to surround his head
with both hands. and then he said: my
head is In a bag; l don't see my way clear;
but i shall see through this by and by."
Then a prominent New York man met the
President 10y appointment to talk with him
about the political situation in that State.
and while they were discussing the proper
treatment of Tammany and the State De-
mocracy Mr.. Cleveland made a queer,
waving motion before his eyes and said:
My head is in a bag. but / shall see clear
in a little while, and then l shall know
what TO do"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

ToT1fIV
1t may be n little late in the gnne to criti-
else Mr.. Cleveland's acts as Governor OF
New York in 1884. but many people will be
interested In the fact that Just after his
first election to the presidency he granted
pardon TO Ed Stokes, the assassin of Jim
Fiske. restoring that red-handed murderer
co full citizenshIp. According TO the New
York paper all the circumstances of the
case point TO che pardon being q reward for
political services. 1t should be borne in
mind. however. that this was long before
the Governor-Pr President went into the con-
secration business on any such scale as has
DISTINGUISHED his later public life.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
WAGNERIAN MUSIC.
Study of the Great Composers Genius-Wag-
ner Night ct the Nay Festival.

The Wagner night of the Musical Fest:-
val will be an innovation In Indianapolis.
Bayreuth is the fountainhead for the en-
tirety of q Wagner opera. and il is seldom
that any consecutive arrangement is ever
heard SO far from "a permanent orchestra.
because of the strange individuality of the
Wagnerian music. the persistent undula.
ton aud cbromatlc succession, il is well
planned TO hear il on a night of itself, uu-
mixed with the ear impression of that
sturdy progression of interval TO interval
that Is certain and normal in the classic
music.
The music of Wagner is emInently de-
ecriptive and dramatic, from the intense
experimentation of the gods and the ele-
ments TO the realism of q lovers perturbed
existence. and from the wild huntsman
Samiel to the pure, lovely maiden at home
by the wheel. 1t Is t~ranscendentai
legend. Wagner stands out as one
OF the sayi0rs and uplifters of the poetic
myths. The LAY of attraction and genius
drew bis aesthetic soul away from realism,
confined and erode as IL IS. into the realm
OF thunder and alfalfa. where there is no
law but magic and no boundary around the
spirit. He realized that the historic and
local representation fettered the opera. AS
IL was foreign 10 Ideal poetry and music.
He saw that III the legend existed every
thing that was purely human in the age or
nation, aud IL released the composer from
any great thought In regard To the progress
OF the plot. thus giving scope TO the soul
movements and the play of motives. 1t
was through this adaptation of the legend
character or hbretto that Wagner COM
pleted his trinity conception of ideal opera,
In which poetry. muslc and stage setting
should ally themselves to produce q COM
piete effect of poetic ldealiiy-a great dra-
matte whole. Ii was always Wagner's wish
that his operas be not given without their
full consideration. and toward
tho close OF his life he thought it would be
injustice to give tue music without the
stage and action TO make an adequate effect.
No one should think when listening
to Wagner music that 10 leads away into
strange unknown regions that battle inves-
tigation or analysis. A thousand sugges-
tlOns are there for a thousand minds. Fol-
low with your emotions aud ears alone. A
knowledge of the legends which were so
revered by Wagner will Gtablish q more
tender relation toward the music. The
great trilogy IL based on tie legend OF the
Nibelungen. lie Is in reality four operas.
The Rheingold" Is called the prelude. but
it's performance occupies al entire evening
The race of the Nlbeiungens sprang
from death and night and they lived In
subterranean chasms aud caves. Among
them Aiberich gained possession of the
beautiful gold OF the Rhine aud made from
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
Robhea H,. rellnu.nnarhcr.

William Leonard, who claims 20 be en-
employe of the Chandler Il Tayler ma
chine works. was arrested by detective
Splann yesterday OF the charge of burg
larry. The prisoner has been q bosrder at
No. "a NorthE asst street. and. from all in
dications. has been in the habit OF making
himself at home about the rooms of the
other guests of tho house. 4. W. Winters
il ont an overcoat and pair of trousers by
the secret visits of Leonard to his quarters,
and Henry Sharling suffered To- the extent
of n gold watch. The stolen property was
found by the detectives az q seeond-hana
store on West Washington street
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
N {,

THERE is no indication that the Cleve-
land administration will push up the price
of wheat to 81 a bushel. 1t will not do SO
by throwing away the market of Cuba,
which the Harrison administration Sc
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
The Three Bank Failures.

Banks just starting in business have to
offer inducements to attract patrons from
the older institutions. and frequently they
secure many customers the old banks are
quite ready TO spare. In two of the banks
at least the officers discounted paper that
was not stric tly first-ciass. ana naturally
they were in no condition to meet any
unusual strain. The president of one was
known for his readiness to accept shady
pa per and another institution could not
secure admission 10 the clearing house. It
may DC safely said that bad management
and not bad business caused the failures.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

because his course as commissioner has
deeply wounded the patriotic pride of
his " country and offended the pro-
visional government of Hawaii" But
was be not my commissioner. and did
he not carry out the Presidents in
structions when he "deeply wounded
the patriotic pride of his own country?n
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

SOUTHERN papers are agitating the
question of rural mail delivery and urg-
ing it's adoption. Southern editors are
q little slow and did not recognize the
merit of Postmaster general Wanna
makers scheme when it was first out
lined by him. but when a good idea does
fnally penetrate their consciousness
fhey are able to recognize it.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

THE refusal of the Infanta Eulalia to
go to the Hotel Waldorf because q sub
ject. the Duke de Veragua. has occu-
pied rooms there before her complicates
matters for the New Workers, but per-
haps she will consent to accept quarters
at some hotel where only the frce-born
American sovereiGns put up. If not,
the entertainers may have to build n
hotel for her accommodation or arrange
for her TO camp ont in Central Park.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

THERE is no sense in men refusing to
work nine hours for S1.75 because they
prefer to work eight hours for S1.G5,
and no justice in permitting them to in
terfere with freemen who desire to earn
e1.75 in nine hours.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

Mr.. ScHURz has been dining with the
President, and in the departments he
has been protesting against the removal
of efficient officers whose services are
of value to the government. Time will
tell if Mr.. Schurz, president of the Ma
tional Civil-service Association, has in
huence with Mr.. Cleveland.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

The pretext gwen by the Donham-
Lamb postofice burglars in Terre Haute
for ignoring the order of Assistant Post
master-general Evans is that Mr.. Evans
has not been occupying the Office for a
week. If this is the case why does Mr..
Cleveland's Postmaster-general permit
kilograms and orders to be sent out in
mia uameq
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

SOME one. in explaining that national
banks are required by law to hold a re-
serve of lawful money, named gold and
Rreenbacks as that kind of money. So
they are, and so. too, are standard sill
yer dollars and the coin certificates of
the Sherman act of 1890. The paying
AHt of standard dollars could prolong q
run on q bank for some time without
paying ont much money.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

THE ups and downs of Wall street in
no way touch the legitimate business of
the country-the production and %
sumption of merchandise. The really
speculative markets were never so thor
oughly divorced from legitimate bust
nasa a a nnw
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

THOSE excellent preachers of the
Southern Baptist Association, hailing
from Texas and other States in which
colored men are burned and shot, who
are talking of missions to pagans and of
the wicked designs of Roman Catholics,
might find a field for missionary work
nearer than Asia and more dangerous to
society han the people they ~denounce.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

AT q Democratic club meeting in New
Hampshire ex-C Congressman Fred Will
liams. of Massachusetts,, expressed the
hope that when Congress meets the
President twill put the thumb-screws
on every recalcitrant Senator until he
bowls ayeon every administration meas
ure." If the President is to control Con-
gress in this manner, why have a Con-
Draeeq
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

Mr.. LEACH, Director of the MINIS.
resigned when he knew that his
resignation would soon be called for.
He has been the first man in the minis
for years and one of the best authorities
in the world on all matters relating to
coinage, but his place was wanted for a
Democrat and his scalp was called for
by the free-coinage howlers.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

IT is hoped that the report is not true
that the United States marshal was at
Terre Haute to assist Mr.. Donham in
capturing the postofice in defiance of
the order from the P~ostoffice Depart
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

PRESIDENT CLEVELAND and William
of Germany have the same job on hand
compelling maiorities Of legislative
bodies to vote as they do not wish.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15

CONSIDERING the industrial outlook,
this is not a favorable season to refuse
10 work for full wages. 1t is wiser to
make hay while the sun shines.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
BUBBLES IN The Ala

FrieDds I'm 10th Places.
He hoped to 60 to heaven at last,
And thereward set his face;
although [ have warm friends" said he,
"Down In the other place."
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
Great Head.
DORfOn Journal.

Boston JOurnai.
In Controller Eckels's speech the other
day at Washington there was q distinct
warming TO the national banks TO get ready
for the competition of the State banks. Is
this one of young Mr.. Eckels's 'eplendid
idaasfu
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-05-15
A Political nfisae

Charlottesville (ind-D Journal
Secretary Gresham must feel very lone
some in the company of men who never
speak of the war except TO swear about tho
pensions.