davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
THE BUILDING AND LOAN RESOLU-
TION.


The concurrent resolution of the LegiS-
lature authorizing the Governor to APP
point three intelligent citizens not con-
nected with the management of building
and loan associations to prepare a bill
for the next Legislature which shall
embody the provisions which are neces-,
sary to insure their patrons security and
prudent management must be regarded
as an important measure. The conflict
ing interests of the managers of the
State companies defeated legislation in
the Senate. 1t was alleged that it was
the purpose of one set of companies to
secure legislation which would force
others into liquidation and ut the same
time give those urging that particular
measure a monopoly of the business. A
law which would be to the advantage of
several companies would inJure the in
terests of others. The very fair bill
which was last considered in the Senate
might have been passed if there had
been more time. But the rivalry be-
tween the different general associations
defeated any action. The discussion
showed that there was no ground to sus-
pect any weakness in the organizations
so far as their being able to keep their
pledges with shareholders is concerned,
which is the most important feature.
The controversy was over methods of
management and the system of taxa
ton So far as it will have any influence
it will be to make persons who are join
ing the associations more careful to
ascertain those which can afford the
best returns for the money invested
During the next two years the affairs
of associations and the condition of the
business will be so much better under
stood that committee such as the reso-
luton contemplates will be able to con-
struct measure which will insure
greater uniformity in regard to man
agement and require the publication of
such reports as will give those interested
more definite information than they are
now able to ascertain regarding their
financial management and expenditures.
Upon the general subject of building
and loan associations the Legislature
perfected no legislation except that, in
the tax law. money loaned to associa-
tions is taxed. The House passed sew
eral restrictive measures, but all failed
in the Senate
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
Examples of Profit sharing.
rofessor Blackmar, in the Forum.


The plan of profit-sharing, adopted
by the N. O.. Nelson Manufacturing Com
pany, of st. Louis, in 1870. sets aside e one
one-Tenth for a provident fund. and one
twentieth for an ,educa tional fund. and the
ployer and the employees The reserve fund
was created to meet the losses OF bad
years and equaliza dividends when profits
were small. The provident fund was created
to take care of the sick, the disabled and
the families of deceased laborers.! The man
agement of the provident fund was placed
in the hands of a committee of five of the
employees elected by the employees them
selves Every employs who mas a served a tne
titled to the benefits of this fund.- and
medical assistance is provided by the COM
ability is S. a week for an adult, So for
minor. 81 for an employees wife or depend
The families and dependents OF deceased
employees are suitably provided for TO keep
them from want There are sn NO een,
and profit-sharins except the mans capacity
for his work, and there is. no agreement
manner of quitting. The manner of divi-
sion was finally modified so as to yield 2 per
cent on capital. and the early practice of
setting aside 10 per cent as provident
fund and 5 per cent. as an additional fund
was displaced by the practice OF paving
whatever was necessary for these funds,
charging the same against the gross profits.
The provident fund is managed entirely. by
out any interference on the part of the
corporation. The whole aim OF the COM
pany has been to make simple plan free
from entanglements and intricate conditions.
The result of the first years business after
profit-sharng was adopted gave a dividend
Of per cent. on wages. the second year
10 per cent. the third year the same. the
fourth year per cent the fifth year -, ~
per cent. the sixth year per cent; I'M, TIE
wear. which was 1892 no dividend was de
clared The total amount OF dividends pald
10 wage-earners as their share of dividend
nrofits is about $50 eco, an average or
per cent. on the wages paid
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
ABOUT pEoPLE AND THINGS.

Henry Ward Beecher died on the Sth
of March, 1887, but Mrs. Beecher did not
feel strong enough this year TO observe the
anniversary ins her usual way, by going
to Greenwood.
Gladstone has become very sensitive to
the odor of tobacco in his old age. He dis
likes it intensely, and the surest way to
obtain his antagonism is to go into his
presence with the odor of cigar or pipe
On your person.
The manufacture of stockings and gloves
of paper has been started. The articles
light and very cheap The fabric is made
of paper yarn, spun Ike other yarn, and
then woven in the same way as other cloth,
soft nap being given to it in the process.
Lady Randolph ChurchliI. it is said, is the
only woman in the English peerage who can
boast of having been tattooed. The opera
ton was performed while travelling in
India, and was suggested by noticing the
process being done by British soldier on
a. sailor. The design is the symbol of
eternity-a snake holding its tail in its
mouth.
One of the most fortunate deals in real
estate which has been chronicled recently
is that by a man in Brussels He pur-
chased house on re Place Sainte Cath
crime, it is related. and in earthen jars hid
den away in the ceiIar found spanish and
Portuguese coins dating from the abdication
of Charles v. Each piece is worth 20 francs,
and the whole find is valued at 100000.
President Faure, OF France, is adding to
his popularity by visiting the hospitals of
Paris. He enters hospital, speaks en-
couragingly to the patients, leaves money
to be spent in wine and tobacco for their
use, and frequently goes into the kitchen
to taste the food served TO the inmates
Whenever he leaves hospital he finds a
crowd of citizens outside waiting to cheer
him as he enters his carriage.
The death of Frederick Douglass has
drawn out a more general and generous ex-
preston of sorrow from Afro-Americans
than the death of any other except
Abraham Lincoln. Memorial meetings have
been and are being held in all the. cities Of
the country, and the race press has been
unstinted in eulogium of the dead leader,
! which was often withheld during his life
| time.
Rudolph Lehman, in IAN Artists Rem
| iniscences." writes: II only met Thaekeray
1 once in this historical old Roman tavern.
| the Oste-ia del Faicone, which boasts or
| having had Michael Angelo among Its GUS
/ toners. When mutual friend introduced
me to the great novelst lgreas N more than
| one sense for he measured six feet four
| inches]. / said had learn 10 re<-i Eil-
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
END OF THE CHINESE-JAPANESE
WAR.

The war between China and Japan
ends very differently from what was
generally expected and predicted at the
beginning. When Japan opened the war
with a vigorously aggressive policy, win
ming some notable victories at the start.
military experts. European and Ameri-
can, said this was due to the fact that
Japan had been getting ready for war
while China was unprepared. Japan,
they said, would probably continue to
win victories for some little tinle but as
soon as China could mobilize her forces
and bring her unlimited resources into
action She would fall upon Japan and
crush her. There would be nothing left
of the japanese army and navy, and
not much Of Japan herself after China
had got done with her. 1t would take
some time. but this would be the in
evitable result. This view was gener-
ally accepted as reasonable. In area and
population China outclassed Japan 50
far as to make comparison between
them almost ridiculous, while her re-
sources were supposed to be practically
inexhaustible. Judging from her popu-
lation she might put a thousand men
into the field to Japan's one, and even
il her soldiers were inferior Il seemed
probable she could crush Japan by mere
numbers
But all these predictions have been set
at naught The victories with which
Japan opened the war have been con-
tinued almost without interruption. She
has gained victory after victory, cap
. tured fort after fort and city after city.
chinas armies have been routed. her
navy defeated and her finest war ships
sunk, blown up. disabled or captured.
From the beginning Japan has main
tanned an aggressive policy and has car
ried the war into China-not very far,
it is true, because it would take long
time to penetrate to the interior of that
vast empire, but far enough to keep
China on the defensive and to make the
ruling dynasty tremble for its exist
ence,. If China was unprepared for war
at the beginning she has had no time to
prepare since. The armies she had have
proved worthless, and she has not been
allowed time to organize others. Her
great resources have not materialized,
the very vastness of her territory and
the magnitude OF noF SWdFInlIiS pOpuid-
ton being apparently source of weak
ness rather than of strength. Her great
bulk and her vast inert population have
led to her defeat and humiliation.
The terms of peace which Japan is
about to dictate are those of q con-
queror. She gains all that she went to
war for. and good deal more besides.
China's claim to exercise sovereignty
over Corea, which was the original
casus belli is permanently abandoned.
The large island of Formosa, with a
population of about 100000 is coded to
Japan. Japan will retain possession of
two important Chinese naval stations
captured by her, will exercise extraterri-
torial jurisdiction in China and will ex-
act a cash indemnity not to exceed $780,
O0O, 600 in gold. No war of modern times
has resulted so disastrously to the de-
feated belligerent The result makes
Japan easily the foremost of Eastern ma
tions and foreshadows for her an inter-
esting and progressive career,
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
THE .HoNEsT DOLLAR

An esteemed correspondent a few days
since made some inquiries in regard to
an honest dollar" He probably can re-
member when the country was COM
PEELED to use representative dollars-le-
gal-tender paper-which did not have
the. purchase power of the coin which
upon the face of the note was promised
the bearer. Those were not honest
dollars at home until the resumption of
specie payments. AT the present time
there are no deprecated dollars in the
country because the really gold basis
and the limited coinage of silver hold
up the purchase power of the silver dol
lar to that of the gold. If there were
free coinage of silver in this country
alone no more gold would be coined in
our minis and the volume Of gold money
in the country would leave us or COM
mand a premium, because 1t would be
worth more elsewhere. This is because
when, say, 65 cents worth of silver bull
lion can be changed into legal-tender
dollar without cost to the bullion owner,
the person who has gold bullion worth
$40 willsnot take it to an American mint
to be coined. but will purchase in the
markets of the world silver bullion and
|. have it coined at great profit. This is
a matter of experience, since for years
after the discovery of gold in California,
European nations, except Great Britain,
coined gold and silver on equal terms in
the ratio of 1914 to l. Very few silver
dollars were coined in our minis on the
| ratio of 10 to / because the bullion in
| the silver dollar in the markets of the
world was worth more than the coined
silver or gold dollar.
If, by a change in our coinage laws,
the silver dollar with which the labor
of the country should be paid would not
| purchase as much wheat, sugar o. cloth
as the gold dollar. and wages paid in
silver were not raised so as to maks up
| the difference between the purchase
| power of the gold and the silver dollar
I that silver dollar while it might be
honest" would not be a full-value dol
| lar. When labor and service of all kinds
| is paid in dollars, one of which would
/ purchase but fifteen pounds of sugar.
while the gold dollar in which the values
of the commercial world are measured
/ would purchase twenty pounds. II can
| fairly be said that such silver dollar
is light-value dollar and would work
an injustice to the masses. Again, upon
the present basis pensions are paid upon
| gold basis, but, should the country
| come to a silver" basis pensioners would
be paid in dollars which would have a
| smaller purchase power than the gold
which would be equivalent to reduc-
ton of pensions There are several bill
lions of dollars invested in life insur'
ance policies savings bank deposits and
| building and loan stuck which have issaI
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14


Surely the Democratic party, in Ten-
nessee is tired of life. and health and OF
happiness. 1t must have become disguised
with success, with the respect and cont.
dence of mankind with titles. honor anu
ing. blindly and laborously along the dis
creditable pathway of violence, fraud anu
usurpation, at the end OF which they hope
to find - his yS man GSo mar
not elected at all invested with the stolen
goods of power and authority.
1t is now evident that the Tennessee
Democrats have gone quite mad and. that
they intend to handicap the national al, De
which no political organization could nope
to carry. Evidently they are indinsrent
to every consideration, save that OF cif fse
time being, and incapable or contemptuous
Of any other thought. The managers are
stu busy, destroying Mr.. Evanss MAJOR
Ety. still holding the fraudulent Governor
in place while they, perfect their unno ply
hear of a new precinct robbed OF its iran
chise a new county divested or the pre-
rogative of self-government, new triciS
oian' It is hard work-this thing Of fabri-
caring precinctsLespeciaIly when the SENT
menf Of honest and reputable Democrats
is so strongly disappearing but, siow Slowly
nIishing IL Each week brings them nearer
r. the goal Each fortnight hardens
them to the lash of their own conscience &c;
Perhaps 1t Is case OF h ,ls le wi
Which brought on the deiuge OF 1894, was
the rushing torrent Of disaster ana rePu -
diation to which this Tennessee scanuai -
only a feeble, tributary rlli But dne spss-
tacle Is not pleasant please, , ons, ambition. 1t
SAFES one shudler with foreboding OF
the possibilities of party politics.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

3
general next year will be $1,000. while
that which Green Smith got out of fees
and salary the past two years was about
$50, 1000 The C.-J. adds that despite the
protests os Republicans like ex-Presi-
dent Harrison, it passed the most out
rageous gerrymander to insure the Offices
to Republicans in the future 1t is
that sort of gerrymander which would
have given both branches of the Legis-
Iature and seven congressman out of
thirteen to the Democrats in 1892 with
plurality of 200 Besides. neither ex-
President Harrison nor any other promi-
nent Republican has denounced the Re-
publican apportionment as gerryman-
der. There are other like falsehoods.
but these will suffice to show their char
acter
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

/. The Louisville Courier-Journal is tell
Indiana Legislature which has just ad-
journed. Here are Two or three sam
ples 1T tried even to strip the Lieu
tenant Governor of his right to preside
over the Senate and the Governor OF
all appointing power 1t did nothing OF
the kind. A Democratic Legislature, by
force and violence prevented Repub-
lican Lieutenant Governor not only from
presiding over the Senate, but would
not permit him to approach the presi-
dents chair. During the recent session
the Republicans found no fault with the
rulings of Lieutenant Governor Nye,
and he was deprived of none of his pow
ers; only one Of his rulings was ques-
toned, and that was done, not by Re-
publicans, but by Governor Matthews
The Republican Legislature associated
to appoint two prison boards. leav-
ing with him the power of appointing
all the officers on dozen boards
appointments restored to him by Re-
publican votes in the previous Demo-
cratic Legislature. The Courier-Journai
saws that where the Legislature could
not legislate Democrats entirely out of
Office it cut down their salaries, while
raising those of corresponding Repub-
iican officials AS a matter of fact the
compensation of the Republican State
officers was cut down from rs 60 % per
cent The compensation OF the Attorney
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

St. Louis Republic Dem>
The Republic has no hesitation In saying
that Governor Matthews should not nave
60 ranresentatiyes by any indirect means.
r. r such methods could be recognized as as
proper and legitimate the eosordinau99n OF,
ft;onsi government would lose It's meaning
The veto power is a Dangerous .one az n.e,
and one which should be exercised. "1 as.n
e eHgr duties and powers Of the legislative
branch. Such executive jIgghlin.s Wiz IS,an Nae
ye,o p o~ stands charged in ncnpartisan
nress dispatches can serye no Democratic
Past,, end or PURPOSE
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14
A GOVERNMENT THAT COMMANDS
RESPECT.

The final decision of the Hawaiian
government in regard to the disposition
of the convicted revolutionists gives the
lie to the stories as to it's bloodthirsty
and vindictive spirit. A few Of the lead
ers have been sentenced to exile and
furnished transportation out of the coun-
try. The convicted natives have been
sentenced to five years imprisonment,
while the ex-Queen, in addition to five
years Imprisonment, has to pay a fine
of S. 900. 1t is regarded as certain, how
ever that she will not be imprisoned,
and the dispatches say she will prob
ably be permitted to take up her resi-
dence on one of the smaller islands or
go to England. AS she has private
income of about $4,000 year she can
look forward to a very comfortable
future, and instead of mourning over
the loss of her title and crown she
should be thankful that she still has
her head.
The action of the Hawaiian govern
n1ent in this matter is in keeping with
the record it has made from the begin
ming for dignity, justice and moderation.
The public utterances of President Dole
are IHOSe Oh a COIlSclenlIOuS,
high-minded official, and the public acts
of the government are pervaded by the
same spirit a few weeks ago, when
wide circulation was given in this coun-
{ try to a story about the alleged horrible
cruelties inflicted by the authorities to
extract confessions from some of the
persons under arrest, those papers which
had defended Mr.. Clevelands Hawaiian
policy pointed to this as evidence that
the new government ought to be wiped
out, and that Mr.. Cleveland was right
in his purpose to restore the monarchy.
Now it turns out that the story referred
to was absolutely without foundation,
and that the governments treatment of
those arrested for treason. instead OF
being horribly cruel, has been eXcep-
tionally mild. In short. the new Ha-
waiian government is conquering the re-
spect of the world
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

The trash that has been sent out of
this city relative TO the disturbance
caused by the Governors conspiracy to
suppress the rights of the Legislature is
ridiculous and disgusting. In headlines
one paper declares that the elevator
was ..smeared with blood" and that
there were knock-downs on the floor of
the House The best evidence is that
it was only push-about inside the hall
of the House All the talk about mem
bers and participants being taken from
the hall SO injured that they could not
walk Is utterly false.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

to conviction. By making the rresence}in the
Der OF the saloon keepers family. az for-.
hidden hours. prima facie evidence of the
proprietor's guilt. 1t Is law for the pro-
and druggist who wish IL observe I he law
and only those will suffer who have, dehey
the statute now IN force. and who woutt
disregard any statute no matter how iioerai
which interfered in the acquisition OF
dime.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

The Atlanta Constitution is frantic
over the discovery that Republican
clubs with Democratic membership are
being formed in Georgia and other South
ern States. Thus far the Constitution
does not advocate actual violence. but
advises that water be thrown upon
xhem
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

Central Christian Advocate
The wolf is not more hideously cruel IN IN
,+s treatment OF it's prey than are certain
,awsnapers Ia dealing with their vttins-
Tears. heart-aches, disgrace, Sorrow
smirched families. open graves. me intsf-
Gets If the living, the reputation OF tne
dead-all these are as nothing when an op-
portunity is afforded TO serve up a uisn Oh
Scandal. Scribblers OF this oruer oush, 70
tSerynore. in the name OF honest journalism.
he Rooted out OF a profession which they
na,Safe upon the privacy OF the home ana
the properties of life.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

A treasury statement shows that dur
ing the first ten days of March the reve-a
nues of the government were $s,S25, 600
and the expenditures $11.S54,oo0. Re-
ceipts from customs and internal reve-
nue. are increasing. but, as the foregoing
figures show. will have to increase very
materially before they will equal ex-
penditureS
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

Clerks Oglesbee. of the Senate. and
Brown, of the House. with their asSo-
ciates, were as efficient and jealous off,
Gals as ever served a legislative body in
that capacity. The same can be said
of the doorkeepers and ali Of the en-
ployeS.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

Would it not be well for the Louis
Vile Courier-Journal to give little at
tention to the matter of securing DEM
ocratic Legislature for Kentucky which
will have the sense and honesty to raise
sufficient revenues to pay the current
expenses of that State instead OF de-
voting so much attention to misrepre-
senting the Legislature of Indiana, which
voted sinking fund to pay Demo-
cratic dehs2
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

The Democratic State Senate of 1891
paid $5,795 for aoorkeepers. In 1898 the
amount paid for that service was merged
with other Senate expenses. The Re-
publican Senate paid $3.50 for door
keepers. or $2.1O0 less than. the Demo-
ore 70 in 1901
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

With the British ambassador asking
for the protection of British subjects in
New Orleans and the Italian minister
urging the government to prevent the
killing of Italians in Colorado it really
looks as if somebody ought to see that
mob law is put down.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

The Democratic member of the House
who is reported to have been most vio-
lent in the push is the one who kicked
at a doorkeeper and struck one of his
own party who was trying to induce him
to obey the order of the Speaker, and
saved himself from expulsion by making
a humble apology.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-14

While senator Edmunds was making
his argument in the income tax case
before the Supreme Court one of the
Justices asked him TO give his definition
Of an excise tax. Mr.. Edmunds replied
that he would read one which he hoped
would not give offense. He then read
from Johnson's dictionary that IAN ex-
else Is hateful tax, imposed not 50