davidaulloa/AmericanStories huggingface dataset:
The advocate., 1895-08-28
Digest of National Bank Act.
BY J,P. STEPHENS,

Flrst-Five or more persons shall
form articles of confederation, pre-
sent their purpose to the comptroller
of currency, recommended by con-
gressman, or some person of standing.
Second They must have $4,000
capital, OF more, in places whose popu-
latlon does not exceed 5000 inhabit-
ants; 100000 or more where popula-
tlOn does not exceed $4,000; 100000
or more where the population exceeds
$1,000.
Third-When the stock is raised and
report accepted the parties are to make
d deposit Of registered United States
bonds, drawing interest, as follows:
Fourth--Banks with capital of $780,
600, or less, one.fourth of their capital,
In bonds, must be deposited with the
treasurer Of the United States.
Fifth-Banks with capital in excess
Of Sl50,OOO must deposit at least $780,
600 in bonds.
SlXth-When bonds are deposited
with the treasurer the comptroller of
the currency delivers the corporation
blank bills to the amount of 80 per
cent. Of the bonds deposited by them
with the treasurer.
Seventh These notes, when signed,
ere money, and "the same shall be re-
csiYed at par In all places in the United
States In payment of taxes, excises,
public lands, and all other dues to the
United States, except duties on Inn
ports, and also for all salaries and other
debts and demands owing by the
United States to individuals, corpora.
tlons and associations within the
United States, except interest upon
the public debt and in redemption Of
the national currency" (ReVised Stat
utes, article 5, 1927 From this we see
national bank notes have four legal
disabilities. They will not pay ~ sin
terest on the public debit" ~ "duties
on IMPORTS" (3) redemption Of
United States notes." and (4) "debts
between individuals"
Eighth-These notes the bankers
have the privilege of loaning at what
ever rate they can get, for twenty
years.
Ninth-These banks may increase
heir circulation in relation to capital
AZ follows: ~ To each association
whose capital does not exceeds $780,
600, 80 per cent. of such capital. ~ To
each association whose capital exceeds
$500, 600, but does not exceed million
dollars, so per cent, Of capital. (S) To
each association whose capital exceeds
I million dollars but not exceed 8
nilNap dCllaESl ~ per cent Oe capitsh
The advocate., 1895-08-28
Brother, Where Do You Stands ?

Do you calmly and philOsphics
consider the Importance to you of an
honest stable American financis l
system, regulated with a controlling
desire to serve the great industrial
classes of our own country or do you
swallow such catch phrases as "hOnest
money" "sound money" "mOney
that's good abroad ETC., without ever
thinking who's paid for fooling the
people on these lines. We quote from
the National Watchmsn what Secre-
tsry Carlisle said in a recent speech:
"There never was a time in the history
of the world when the Workingmsn's
dollar would buy as much Of the nec-
essaries and comforts of life as 1t will
buy now. ''I can buy more with one
dollar to-day than l ever could"
or ~ can buy more with days work
than ever before" are also expressions
familiar to almost everyone. These
misleading and thoroughly vicious
statements have contributed more
toward bringing about and fastening
upon the people that blighting ignor-
snce which now stands in the way Of
financial reform than all the argu-
ments ever produced in favor Of less
money and lower prices. The me-
chanic seems delighted that he can
buy six pounds of butter for 81, where
he could buy but four pounds for
the same money a few years previous.
And the farmers wife is pleased be-
yond measure to buy twenty yards of
muslin for 81, when a few years before
she could buy only ten. Both seem
satisfied with the situation and really
believe that times are improving. The
man with his 81 a day can buy as much
cloth, flour and other necesssries as he
formerly could when his wages were
nearly, if not, double. He seems con-
tent with the situation and unthink-
ingly keeps on his way. Just so with
the farmer; he exchanges his crops for
as much of the products of the mills
and factories as ever, and he thinks
the exchange about even and goes on
tolling and sweating and wondering
sometimes why things don't come
around as they use to.
Somehow the interest on the mort
gage gets heavier, and the payments
become more difficult to meet, the
days work becomes less and less In
demand, and no matter how cheap
the necessities of life are, 1t becomes
yearly more difficult to earn them.
Bye and bye, as is the case now, the
mortgage Is fOreclosed in spite Of
harder work, more rigid economy, qld
The advocate., 1895-08-28
ears given was as follows:

1t will be seen that from 1874 the
currency diminished, so that in 1891 it
amounted to Sl7l, ,978,67S, a loss to the
money volume Of $l76,SO7, ,2SS, more
than half of the national bank circuls.
ton. In 1892 and 1893 it increased to
S2OS, ,7Ol,1
This we believe to be as fair q state.
melt Of the condition ps psEtpnal
The advocate., 1895-08-28
ALLIANCE DEPARTMENT..

5171.)
Tenth-These banks may initiate
their currency anywhere between the
first limit given (sec. 8, and that Of
Revised Statutes 5171, sec. 81.
EleVenth-Nstional bank notes are
redeemsble in United States notes, or
lawful money. "Shsll at all times keep
and have on deposit in the treasury of
the United States, in lawful money of
the United States, sum equal to 5 per
cent. of circulation, to be held and
used for the redemption Of Circuls-
tion." (See Acts and Amendments to
Bank LsWs.)
TWelfth-In addition to the currency
given to them by the government they
have the privilege Of receiving on de-
posit all money they can secure from
individuals OF corporations on such
terms as they can agree upon, without
giving them any guarantee that it will
ever be returned, more than the word
and honor of the institution. Many
of the depositors in 1873 national banks
that failed last year have found this an
empty honor.
Thirteenth National banks In AL
bany, Baltimore, Boston, Cincinnati,
Chicago, Cleveland, Detroit, Louis
vile, Milwaukee, New Orleans, New
York, Philadelphia, Pittsburg, st.
Louis, San Francisco and Washington
and banks of national deposit shall
keep on reserve 25 per cent. of their
deposits. All other banks shall keep
on deposit Is per cent. of deposits.
The per cent. kept for redemption
purposes is taken out Of the reserve,
or rather counted as part of it. Three
ffths Of the reserve fund may be de-
posted with banks specified and be
made to produce them a small rate Of
interest. Thus the ordinary banker
loans all the money Of his depOsitor
but 6 per cent; IS per cent. he loans to
the public; per cent. to city banks;
per cent. Is virtually kept unused.
This is put in bonds, as shown by
comptroller of currency'S report, on
page 4. Banks of deposit must keep
25 per cent Of their deposits with the
treasurer Of the United States.
On October 3, 1893, there were S,781
national banks. Total assets or re-
sources, SO, lO9, $50, ,284.36; liabilities of
national banks, SO, 100, $50, ,284.8 March
1, 1893, national banks claimed: Capt.
tai stock, 1851, ,8O9,673; surplus. $685.
122, ,908.02; capital and surplus, $685.
932, ,58l, ,O2; gross earning, $74, 1927 1894. II;
net earnings, $6,O30,774.07; as these
reports are for only six months the
surplus and earnings should be doubled
to find the annual earnings.
The comptroller's report for October
3, 1893, gives total banks as above;
amount of deposits, $1l, ,573, 700, 900; re.
serve required, $Sl6,6OO,OO reserve
held, S5l3, 100000; lawful money in
bank, $346, 100000.
The national bank currency for the
years given was as follows:
1873. S84S,S47 674
S4S, 1885, 9O6
lS84....... S32,4529I4
1889. 2Ol,744OS9
1890. l75,44095S
l71,97S67S
1898. 20S,7 lS9
1t will be seen that from 1874 the
The advocate., 1895-08-28
Southern Land & immigration Co.

Does General Real Estate Business and
Makes a Speciality Of immigration Work
and Colonization.
Omaha daily bee., 1895-09-22
ANCESTOR OF THE HORSE.

plete series of skeletons of this remarkable
animal.
Omaha daily bee., 1895-09-22

kingdom which Mr.. Perrine has created and
over which he presides with all the rights
Of a feudal lord. Never have l looked upon
a more tranquil scene than that afforded me
on the occasion Of this visit. The lakes,
while small in area, are many feet deep, the
crushed muscle shells that ycover the bottom
adding their rich blie-white color to the
deep blue of the water, giving a cobalt tone to
the picture which remains with me, a mas
terpiece In a gem-adorned flame. The waters
are perfectly placid and still, cool
in the quiet deeps where myriads of brook and
rainbow trout are TO be seen any summer
day, and where they fight for a feathe:ed fly
with the voraciousness peculiar to their kind,
the good angler very often being able to land
three speckled beauties at a time. Trout
fishing here is hardly to be called a sport,
although but a stones throw away from these
lakes a turbulent little stream holds out an
irresistible invitation to the angler to come
and enjoy the deep delights of trouting within
its singing waters as they rush on to join
the Snake river.
FRUITS OF IRRIGATION.
Here, in the midst of this semi-clrcular
amphitheatei, hundreds of feet below the
plains on either side, Perrine has irrigated
hundreds of acres of virgin soil. Thousands
of peach trees are yielding annually the most
luscious fruit 1t has ever been my delight to
taste, the prunes are beyond competition,
large and juicy and almost endless in va
riety, while the pears and grapes have the
bouquet ana naVor associated with so rlch a
soil and so glorious a climate. Every fruit
is grown here in this walled-in home OF a
representative citizen Of Idaho and it is a
perfect object lesson to the sightseer. The
perfection in fruit and cereal to be obtained
through irrigation is here best exemplified,
and the wonderful results to be had from
these desert places when touched with
water will alike serve to interest and in
struct the tourist who visits these beautiful
lakes that give so rich a coloring to the land
scape which once suggestive of death itself
is now vibrant with the resurrection.
70 q SNYDER
Omaha daily bee., 1895-09-22

piete series OF skeletons or this remarkable
animal.
ANCESTOR OF THE HORSE.
another find" said the professor. "and
one in which the general public may be in
terested, was the skeleton Of what Is known
as the little horse. This horse was the an
cestor Of the present species. 1t may per-
haps surprise you II | say that this animal
was no larger than a shepherd dog. Instead
of a single toe he had no less than four toes
on each of his four feet, and three on his
hind feet. The story of the evolution of
the horse is one of the most con-
vincing proofs of the doctrine Of evolution.
We now have materials TO demonstrate to tho
most casual observer the evolution of this re-
markable animal from its primitive Begin
ming, away back In the commencement of the
eocene period, at least / 500, 900 years ago, up
to the present moment.
"Of not less interest is the story of the
development Of the rhinOceros and tapir,
whose history we can also trace, by means Of
bones found In the region of the Rocky noun
tatns and elsewhere, almost as accurately as
the history of the horse. We also found some
excellent specimens of cats or fellnes which
will assist largely in advancing our knowl-
edge Of those animals."
Speaking of elephants the professor said
fossil remains indicate that the true elephant
dl not originally inhablt the American conti-
ncnt. The elephant reached this continent
from Europe or Asia, arriving in America
about the beginning of the pliocene period.
From recent researches in South America,
the professor is of the belief that the elephant
had its origin in South America or possibly
in the southern part Of the African continent.
The camel tribe received the attention OF
the inquisitive students from Columbia col
lege during the summer. "The camel" said
Prof. Workman, was originally an inhabitant
Of the North American continent. He had a
beginning similar to that Of the horse In lit
te creatures no larger than n spaniel dog
and we find the remains in the lake basins of
the Rocky Mountain region. During the
miocene and pliocene times the camel gradu-
ally increased in size until he reached his
present form"
CROWDED OUT BY COLD.
what caused the disappearance Of the
camel and the horse in American was asked.
'That is a study Of considerable interest
to students of paleontology. The answer is
found in a study of the glacial period. Up
to the time of the glacial period the camel,
horse, elephant, rhinocerOs and tapir were
found In great abundance on this continent.
The glaciers either pushed them southwark
or the intense cold killed them"
The professor explained in a most Interest,"
ing way the methods pursued by the party
in making the researches in the mountains.
Knowledge Of geology taught that nature
could be depended upon to reveal her secrets
to those who knew whore to look for them.
The party dug no tunnels and they made few
excavations. Like prospectors they went
forth, travelling through the deep cuts and
canons which are found in the great basins
Of the ancient fresh water lakes. The bones
were found at the bottom Of the gulehes or
in the sides OF the cliffs.
Omaha daily bee., 1895-09-22
MEN.
Some Nebraska Men Considered Too
Tender for a HaEsh world.

A choice bit Of humor comes 10 us, says
the Chicago Post. in the form Of a dispatch
from O'Nelll, Neb. Some time ago a num-
Der of pleasant, mild hammered men gathered
together, and, in their genial off-hand way,
lynched a man named Barrett Scott. 1t was
intended merely as a Peasant little divertise-
ment, Of course, to help them pass away
the time, but 1t appears to have been taken
seriously by some OF the other people living
in the neighborhood. They have teen dis
cussing the affair, and Incidentally they have
hurt the feelings Of the worthy gentlemen
who took part in 1t. The latter, as they have
shown by their actions, are men OF tender
susceptibilities, who feel deepy any criticism.
Anything harsh CRATES upon their gentle ma
lures. Consequently they have very naturally
taken steps TO protect themselves from fur
Their annoyance, and to that end have re-
quested their critics TO seek new homes, lest
there should be another ~lynching bee in the
neighborhood.
We extend our sympathy 10 these courteous
gentlemen in the hour Of their affection. 1t
Is hard, very hard, for a man OF delieacy and
refinement to be criticised merely because in
a moment Of mental exhilsration he has
taken the life of a human being. At the
same time we submit that a man at all given
to levity must hnd something extremely lu-
dicrous In the protest.
Omaha daily bee., 1895-09-22
Public Baths in England.

Within the past two years the city OF
Birmingham. England. has built and is now
conducting four large public bath houses
which have cost In all about $3.50. 900. They
are furnished with large swimming tanks
and also individual baths. with hot and cold
water at all seasons. Last year these baths
we're used by over 300, 900 people. For a
small fee-a penny or a half penny-a bath
may be had by any one. experience having
shown that II is better TO make a small
charge, though the fees do not pay the ex-
pense Of conducting the baths.
Omaha daily bee., 1895-09-22
photographing Flying Insects.

The French artists appear to have gotten
the art Of photography down TO a much finer
basis than those Of America and England.
They were first to photograph flying bullets.
race horses in motion and other rapidly NOV
ing objects. The latest triumph reported
from Paris is a photograph Of a flying dragon
fly by NJ. Marcy, in which the exposure was
but the 1-25 ,000th part Of a second. BY the
aid Of a small electric lamp inside Of the
mouth Of an assistant, Marcy also claims to
have photographed the moving ~globules OF
blood circulating in the veins, and 10 have
detected a difference in the motion Of the
colored and c~olorless eorpuscles.
Omaha daily bee., 1895-09-22

One OF the functionaries OF Japan who Ia
Invariably treated with great consideration
by the press OF the country Is known as the
jail editor. This important official edits the
papers whose managers are jagged by the
press censor.
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
WARDEN CHASE GArrER.

Gov. Morrill, Says II the Warden Shows
light He May Go to Prison.
TOPEKA, Kan, June 5.-Gov. Morrill,
last night signed an order removing S.
w. Chase from the wardenship of the
state penitentiary and this morning
sent I. w. Eckert, a member of the
board of directors of the prison, to
serve it. That done he will announce
the appointment of ]. b. Lynch to fill
the vacancy. Chase's attorney, j. G.
Waters, announced this morning that
his client would not give peaceable
possession of the prison, but would re-
sist with force If necessary any attempt
of the state or Lynch or the agent of
the governor to dispossess him.
Gov. Morrill, said this morning that
it was not the purpose of the state or
of the directors of the prison to resort
to fist fight in order to dispossess
Chase, but he had no doubt that Lynch
would be in possession of the institu-
ton and Chase turned out before the
close of the presentweek. ''Mr. Chase"
he continued, us in no position to throw
stones. He had better look out or he
may land in the penitentiary as pris-
oner The charges and findings against
him are serious and jury might say
are sufficient to give him term in the
nrison
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
FORCED TO SIGN A CHECK.
A Capitalist at Springfield, NO., Held Up In
His once.

A Capitalist at Springfield, NO., Held Up In
His once.
SPRINGFIELD, Mo-, June 5.-A little
before noon to-day A. IL Chitty, who
had been in charge OF the hotel at viii
low Springs, entered the Office Of Jo-
seph Fisher, capitalist, and locking the
door demanded $1,000. He made no
display of a weapon, but his manner
was menacing. Fisher wrote out
check for the amount demanded.
but before Chitty could secure
the money on it payment was stopped
and he was arrested. lie is in Jail in
default of bail. Gritty says be lost his
property by Fishers foreclosure and
that Mrs. Chitty's death was due to
worry caused by their financial re-
verses. all brought on b7 Fisher.
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
BOATS COLLIDE.

The Steamer Saratoga Nearly sinks a
FerrybOat-NO Lives Lost.
NEW YORK, June 5.-While the bay
was crowded with various vessels
yesterday afternoon the Ward line
steamer Saratoga ran down and nearly
sank the Thirty-ninth street ferry
boat West Brooklyn. The ferryboat
was just rounding the end of Gov
ernor's island when the prov of the
steamer crashed into her side tearing
away the guard rail and ripping a rag
ged hole in her hull between the main
deck and the water line. The ferry
boat carried about 100 passengers,
among whom the widest excitement
prevailed The boat, badly damaged,
managed to reach her pier in safety,
without any loss of life.
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
woRK1No roR A CROWD.
Coming Tennessee silver Convention WIN
BE n big One.

coming tennessee silver Convention VIII
BE n big One.
MEMPHIS, Tenn, June Sit is esti-
mated that at least 1900 delegates
have already been appointed to attend
the silver convention which will meet
here June IL, and county and town
ship mass meetings in large numbers
are being held daily for the selection
of delegates. With this outpouring of
the advocates of the free coinage of
silver the gathering is expected to
eclipse the recent sound money demon
stration in this city in point of num-
bers
kilograms were sent last night to
the chairman of the democratic state
convention at Springfield, ILL.,, and the
republican state convention at Louis
vile, KY, inviting them to appoint
delegates to the convention.
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
rELEaRApHIo pREYITIEs.

Near Fort Douglass, Wyo., Mrs. Elder
and Mrs. Powell, with their two babies,
were drowned in a swollen stream.
Citizens of Atlanta, Ca, are setting
to work to secure one of the big ma
tional political conventions in 1896.
Near Caddo, l. T.. two government
surveyors were killed by an Indian
who objected to them running line
through his yard.
In q fit of dependency Mrs Ella
Brainard, of osawatomie, Kan, COM
mitted suicide by hanging, She leaves
eight small children in destitute cir
cumstances.
1t has been discovered that H. S.
Cunningham, late receiver Of the
Destieguer bank at Guthrie, Ok, looted
the concern to the amount OF 50, COL. 81.
Cunningham is now at large.
At Evansville, Ind, Valentine Wiss-
man, In a at of jealousy, carved his
wife with razor In a'hOrrible manner,
inflicting fatal wounds He also in
flicted bruises on his 6-months-old
babe from which Il will die.
The republican convention Of Allen
county, Kan, nominated w. L. Decker
for county treasurer, James Wakefield
for clerk, c. c. Ausherman for sheriff,
]. c. Coffield for recorder OF deeds and
Lutte p. Slower for surveyor
Senator Cockrell addressed the BIZ
metallic league Of Liberty, Mo-, on the
9Th. There was large crowd present.
The senator took strong grounds In
favor OF free coinage, declaring IL to
be the vital point at issue with the
democratic party,
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1895-06-06
PORK INSPECTION.
A Denial That Infected Pork Is
Stamped as Good,
NEW EXAMINING BOARDS.
Twenty-Sour out of the sixty-three Have
Been Organized and VIII Be Com-
mIsslOned ut Once-The
TreaAurY Condition.


WASHINGTON. June SIT Is said at
the agricultural department that there
is no truth in the published reports
that pork examined microscopically for
Germany and France, and found to
contain trichin@, Is stamped by the in
spectors as free from disease, and so
transported and sold in interstate COM
merce trade. Early in February, Sec
rotary Morton ordered all pork ex-
amined and found to be infected with
trichinosis tanlSed, but later 1t
was decided that the present
law did not give the secretary
this authority. The enforcement Of
the order was, therefore, postponed
until July /, when the new law goes
into effect. It is doubtful, however,
whether the new law will give him
power to cause the destruction of pork
infected with trichine 1t only au-
thorizes the secretary to make such
regulations as he may deem necessary
to prevent the shipment of condemned
carcasses from one state to another,
and does not specifically give him juris-
diction over pork examined for tri-
chime and condemned to prevent its
sale in the local market Of the place
where it is examined. The local
authorities alone can effect this
unless they secure from Germany and
France (the countries requiring the
inspection for trichin@) voluntary
agreements, such as have been made
with shippers of beef, mutton, etc, by
which the latter agree to tank such
carcasses as do not pass federal inspec-
ton. If such a regulation is put in
force, however, it is feared that the
pork expectation to Germany and
France will cease. The percentage
of pork infected with trichinosis is 50
large" said Mr.. Salmon, "that If all
the carcasses found to be infected
went to the rendering yats the ship
pers profits would all disappear The
amount of pork exported to Germany
and France averages from 5,O00,0 900 to
1000, 900 pounds monthly.
The New Examining Boards.
WASHINGTON. June 5.-Twenty-fouT
out of the sixty-three new examining
boards made necessary by the classifi-
cation under the civil service rules OF
the internal revenue have been organ
lied and will be commissioned at once.
About half of the twenty-four are in
the south, having been organized by
G. b. Hoyt, who has just returned from
Florida. The remainder are in the
north, and were organized by George
w. Leadley. The remainder of the
sixty-three boards will not be organ
lied until next month.
Condition of the National Treasury.
WASHINGTON, June 5.-Yesterday's
statement Of the condition of the treas
ury shows available cash balance,
sls3. 1851 gold reserve, 800, 444, 1856