davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1896-11-20
SECRETARY or THE TREASURY.

There is a statute which forbids the
secretary of the treasury who is di-
rectly or indirectly interested in any
business affected by the revenue laws
This prevented the appointment, some
years ago, Of A. Il. Stewart, the great
dry goods merchant of New York. to
the treasury portfolio, although. if we
remember rightly. he was ready to
transfer the management of his bust
ness to other hands.
1t appears that this statute has been
cited in connection with the mention of
Mr.. Bliss of New York and Mr.. Hanna
as possible heads Of the Treasury do
partmpnt under the next adminiStra-
ton, both of these gentlemen being in
terested in business affected by the rev
cnue laws Mr.. Bliss is n member of
a wholesale dry goods house and Mir.
Hanna is interested in the production
gested, however, that in the one case
retirement from business would satisfy
the law, while as TO the other it is. said
that the statute does not apply TO in
tcrnal commerce.
1t is to be hoped that President-elcct
Mckinley. in selecting his secretary of
the treasury. will not make any mis-
take in this matter, and in order that
he shall not the obviously safe course
Is to appoint man respecting whom
the question of statutory prohibition
cannot be raised. There is very gen
eraI sentiment that the next secretary
of the treasury should be western
man and it is certainly possible to find
one who has no business relations that
would make him ineligible.
Omaha daily bee., 1896-11-20

There is one cheering thing, which is that
we hear no noisy demand for a general re.
vival of tariff agitation of the old fashioned
sort. 1t is commonly agreed that if we have
a revision of import duties 1t Is to be made
solely with reference to the national income
and not with reference to protection. But
we are in no position to say that the Wilson
tariff under the more favorable trade con
litions that are to be looked for will not
bring revenue sufficient fer the treasury 5
needs That tariff has never had a test
Now that there is no political contest to
warp the judgment it is likely that every
body will admit that the Wilson bill was
not the cause of the hard times, and that
the repeal or modification of it will not
bring back good times.
Omaha daily bee., 1896-11-20
Compromise on Beer Tax.

As a means Of immediate revenue, without
added cost OF collection, without renewal
OF tariff disputation and without disturb
ance of trade, detrimCnt to morals or op-
preston to any special interest, the beer tax
offers means Of armistce between parties
calling for no surrender of opinion A beer
tax collected for two or three years would
have the treble advantage of giving to the
Mckinley administration the opportunity
for painstaking tariff revision; of giving to
the treasury uLquestiOned suliciency of rev
enue; of giving to the present tariff act a
fair trial of its quality during a season of
unusual commercial activity. To counter
vail these advantages the objections should
be of great weight and sufTiciency.
Omaha daily bee., 1896-11-20
BRIGHT OUTLOOK FOR NEBRASKA
GOV. HoIcomb's Assurance Warmly
Commended.
rbicoun Times IIaraIJ


Governor elect HolcOmb of Nebraska
comes to the front in an interview with
reference to his policy as chief executive
of that state that viii be invested with
more than ordinary significance to eastern
investors and capitalists.
The election in Nebraska was a populst
victory. The record of popuism in Kansas
has not been of such a character as to in
3pire capitalists with a desire to invest their
money in the development of the resources
of that commonwealth. The popular notion
has been that the Kansas populists regard
capital as a pestience. They have covered
the statute books OF the Sunfower state
with all sorts of enactments that are hostile
to railways aud other corporations that have
sought profitable investment in that com
monwealth,
But Governor Holcomb Is determined that
Nebraska shall escape this opprobrium If
he has his way the legislature of Nebraska
will not be permitted to drive capital out
OF the state with unfrendly legislation.
To an interviewer Mr.. Holcomb said:
you ask me whether any laws will be
passed against railroads and corporations;
whether stay law VIII be passed; legal
interest lowered or hostility to foreign capl-
tai shown. / do not expect any radical
legislation such as seems to be anticipated
by the nature OF your inquiry j never have
heard discussed the subject OF amending or
modifying our stay laws, and am OF the
impression that the laws relative to enforce
ment and collection of debts through the
channels OF the courts have been fairly
satisfactory to all concerned, borrower as
well as lender"
This declaration from the new executive
means great deal for the future Of Ne
braska. 1t means that Nebraska under his
administration will welcome commercial
intercourse with other states; that II viii
maintain a friendly attitude toward outside
capital and that investors Will not be re-
garded as hostile invaders Mr.. Holcomb
reads the signs OF the times He makes a
correct Interpretation OF the national YER
diet recorded on November 8. The doctrine
OF hostility to classes Is not popular In
this country
Omaha daily bee., 1896-11-20

If the senate at this short session should
rise above the lines that divided it at the
long session and pass the Dingey bill or
some measure of like import, and that
added to the revival Of business Low in
progress, should tone up the general stua-
tion, the need of an extra session of the
next congress would be greatly modified. IL
it did not entirely disappear But if the
senate still halts at a revenue measure
putting again the interests of party ard
faction above those of the country, and aG-
journs, with no provision made for the
proper support Of the government then the
new congress should be, and probably will
be, called together at an early day.
Omaha daily bee., 1896-11-20
CHANGING THE COLLECTIO.

CHANGING THE COLLECTION Law.
The proposed enactment of n law that
would prevent the creditor from secur-
ing n deficiency Judgment after fore
closure sale of mortgagcd property
should receive no encouragement from
the incoming legislature. 1t is an at
tempt to lock the barn after the horse
has been stolen. The bulk of the
mOrtgaged property on which borrow
ers have failed to pay interest and
taxes has already been sold by sheritfs
or master commissioners. All renewed
loans and all new loans will be made
only on present real estate values.
which are certainly as low as they are
likely ever to be. There is, therefore,
no probability of any deficiency judg-
ments on renewed or new mortgage
loans. But any change in our collection
laws that would prevent the investor
in Nebraska mortgage securities from
collecting the full amount of his invest
mCnt would either drive out and keep
out foreign capital or else compel bOr
rowerS to pay higher rates of interest
anu nlSlfE COMMISSIONS. j HIS MbNlt
prove serious obstacle in the way OF
the development of the state, and also
would force the payment and with
drawal of loans already made. 1t is
also a question whether the proposed
change in the collection laws would
operate for the relief Of borrowers whose
mortgages were contracted before the
change was made in the law. The
courts would probably hold that the
conditions under which the mortgage
was contracted cannot b. changed by
legislation, state or national. Under
the federal and state constitutions no
law can vitiate any condition of legal
contract.
If nobody can be relieved by the pro
posed change, nobody can be benefited.
1t stands to reason that if Nebraska
should stand out among the states as the
one exception in the matter of debt col
lection its chances of securing capital
for local development would be
lessened, while the burdens already in
Cured by its people would not be light
Cned.
Omaha daily bee., 1896-11-20

Let it be understood plainly that if there
Is to be an extra session 1t will not be for
revenue, hut for protective purposes. Ii
VIII be to redeem pledges made to the steel
barons and the other Industrial potentates
who have demanded an increase of their
profits by lcvying toll upon the pockets OF
all the people There could he no surCr
way to elect democratic congress in 1893
and a democratic president in 1900 than the
adoption of this policy. We do lot believe
that the republican party and its presi-
dent-clect will do it If they are free to act.
Are they? Or are they pledged and delivered
to the lords of protection? We shall pres
entity see.
Omaha daily bee., 1896-11-20
sweeping advantages be appreciated, though
nlrrnhN u nnrnn of thrm are fclI

sweeping advantages be appreciated, though
already some OF them are felt.
baltimore sun: The outlook is cheer.ul
enough The season OF the year is tho
season for active business. The factories
which employ so large a portion OF the
people. show every disposition to resume
work. and, in point OF fact, many factories
all over the country which have been
closed are now opening their doors, the
fires once more are lighted and the wheels
are beginning to turn. The Increased prices
Of wheat and cotton have chocred the
farmer and given him a brighter outlook !,
than has been prescribed to him for many
years. The great export Of grain now go-
ing on has revived commerce and will bring
back to the country all the gold which Will
be required for business, swelling tho
amount OF money In circulation Just as
oircctually as could the open mints working
night and day and with a currency equally
good in England or amidst the wilds OF
Africa Not only this but the present
export Is giving employment to shipping
end relieving markets OF great surplus
OF wheat to confront the farmers next year.
II is a time, therefore, for the people to
look forward with hope aud confidence, and
not to look backward with useless regrets
and rcpnlngs, Let the people all pull to-
gether for the public welfare and let not
him who putteth his hand to the plow loof
IA,
Omaha daily bee., 1896-11-20

The council is again sitting us board
of equalization. Under the present
system the board ought to be styled Il
board of favorization. The whole
machinery of assessment and rcadjust-
ment is n farce us well as an imposi-
ton. The men and concerns who derive
the greatest benefit from municipal
government bear the least of its burdens
ana those who have the greatest share
of wealth get off with the smallest
proportion of taxes.
Omaha daily bee., 1896-11-20
CALLS on MRS. JEFFERSON DAVIS.
of The INTO CnnfrhcrnrN.

of the Late COnfederacy.
ST. LOUIS, Nov. 19.-CoOnel Frederick
Grant, sen of General Grant, who is here
in attendance on the convention of the
Society of the Army of the Tennessee,
called on Mrs. jefferson Davis and Miss
Winnie Davis at their home today. He was
accompanied by General Guy V. Henry Of
Jefferson Barracks. He met the ladies in
the main parlor of the Planters hotel, whore
they We're entertaining a number of the
daughters Of the confederacy and held an
informal interview with them which lasted
about fifteen minutes. The widow of the
confederate president expressed herself as
greatly pleased to meet Colonel Grant and
General Henry. The latter received his
warrant of commission at West Point from
Jefferson Davis.
Omaha daily bee., 1896-11-20

He wants all railroad property taxed
the same as other property, which is
so manifcstly right that II must be pre-
sumed 1t will encounter no opposition,
except from the railroads If railroad
property I'm Michigan is not now being
taxed as other property an injustice Is
being done TO the taxpayers of that
state which they should no longer toll
crate. He should also be able to secure
legislation to suppress trusts and mo-
nopolics within the state. The supreme
court of the United States has pointed
out that the states have great power in
this dircction-greatCr even than con-
gress-and Michigan legislators will
hardly hesitate to apply this power in
the interest of the people when made
aware that they possess it. 1t seems
that Michigan needs Il law to prevent
the coercion of voters and Mr.. PinGrec
very properly urges that ii shall be sup
piled. Coercion of voters is not an easy
matter where the secret ballot exists,
but it Is none the less well to have anti
coercion legislation. An important re-
form which Mr.. Pingrec wants is law
TO prevent the acceptance of passes by
public officials. and probably he is more
likely to fail in obtaining this than any
other of the reforms he contemplatcS
The acceptance of passes by public of
ficials is admittedly an evil, but it
seems to be incradcablc, and if Mr..
pingree shall succeed in getting legis
lation against it he will do more than
has been done in any state. so far as
we know, in which an effort has been
made to do away with the evil. Pin
gree is an aggressive man and he has
ii large majority of the people with him,
so that the success of much of his pro-
gram of reforms is highly probable.
Omaha daily bee., 1896-11-20
TnriR Agitation Injurious.

INlCNgu NCC0rd UnI)
What the people want just now is to be let
alone. They have suffered from the tariff
juggling and when the essential principle
concerning that legislation had been settled
one way they resolved that they wanted no
more patching. They have survived the
agitatlons and alarms of perllous political
campaign which has also been brought to
definite result. and until 1t comes time for
definite action on the money question they
want no more troublesome finance agita-
tion. The prayer of the people just now
is to be let alone until they can get upon
their feet and feel that they are again
well started on the road to prosperity.
Omaha daily bee., 1896-11-20


If the present congress does not take
steps to provide revenues for the support
of the government at the coming session II
will be necessary, perhaps for President
elect Mckinley to call a special session of
the Fifty-iifth congress soon after his in
auguraton in March next. The daily
deficits must be stopped. What would be the
effect of a special session of the new con
gTess? Certainly i. would disturb bust
which ought to be avoided if possible.
Omaha daily bee., 1896-11-20
value OF Sound Money Democracy.

The substantial good it did so far as the
late campaign was concerned, is not to be
measured by the smallavote cast for it, ard
had only nominal connection with IT,.
For it enabled leading democrats in every
state TO take the stump upon purely dem
ocratic platform in favor of sound money,
to expose the revolutionary and destruc-
tive heresies of the Chicago platform, and
make plain the ruinous consequences that
would result from the election of Bryan.
Another servicu they performed was to pre-
serve a provisional nucleus for the rcOr-
ganiZation of the democratic party on a
basis consistent with the best traditions OF
the party.
Omaha daily bee., 1896-11-20
Lumber Men want n Tariff.

MEMPHIS, Tenn. Nov. 19.-The Southern
Lumber Manufacturers association, in ses-
sion here today, instructed its secretary to
enter into correspondence with other lumber
associations of the United States with a
view to concerted action TO secure tariff
legislation on the part of the next congress
to fix n duty on Canadian lumber
MEMPHIS, Tenn, Nov. i9.-The Southern
Lumberman's association. in called session
today, adopted price list advancing yellow
pine 80 cents per 1000 feet. A committee
was appointed to prepare resolutions mem
orlallzlng congress TO increase the tariff.
Omaha daily bee., 1896-11-20

Henry G. Payne of Wisconsin is said
TO be slated for the next postmaster
generalshlp Mr.. Payne is emf
nently qualified for the position. lie
possesses executive ability of the high
est order, IS endowed with keen per
reptlon and unrufied temper and excel
lent Judgment. He knows how to hew
to the line, and would enforce business
methods in every branch Of the depart
ment
Omaha daily bee., 1896-11-20
TIE OMAHA BEE FRIDAY, NOVEMBER co.

granger organization which at one time
counteE several millions Of members,
but kdisbandcd years and years ago.
The msan who now constitute the Ma
tional 5pRgc are political parasites and
barnaclck Aho hang around the halls
Of conla9s3 as lobbyists under prctcnsC
that they Gun WELD an influence upon
the American farmer which they are
willing to. swing at n reasonable price
in cash or its equivalent
Omaha daily bee., 1896-11-20
Go GIoNy.
Boston Globe 1dem)

I''ETVT
The new administrator would do well
to go slow in recommending radical tariff
changes, The tariff was not the issue
in the last campaign, and many tarin
reformers, and even many free traders,
voted for Mckinley The last election
was so far from furnishing sanction for
high tariff legislation that few anticipate
that any violent tariff changes will be
attempted
Omaha daily bee., 1896-11-20

In Nebraska. Mckinley carried every
county containing a town with more than
. 800 population. 1t was the purely rural
backwOods counties that gave the state to
Bryan. 1t YVES only in the towns there, as
elsewhere. that the money question could
be fully debated with both sides fairly rep
The result in Nebraska Is an eX-
ample OF the result in all the Bryan states.
Omaha daily bee., 1896-11-20

Colonel Guy V. Henry like the late
General Brisbin. never misses an op.
portunity to get his name into the news
papers. His latest bid for military
fame In times of peace is his compli-
mentary unofficial call on the widow
and daughter of Jeff Davis, who are be-
Ing entertained at st. Louis by the
Daughters of the Confederacy.
Omaha daily bee., 1896-11-20

Sooner or later the people of the west
will recognize as their benefactors, not
the self-constituted leaders who CON
tinue to predict disaster as the result
of their personal defeat, but those who
point the way to true prosperity along
the lines of permanent and substantial
Omaha daily bee., 1896-11-20

The adventurous explorer who started
to walk from New York to Paris en-
countered the same obstacle at Bering
Straits which has hindered all expert
mentcrs along this line for the last
eighteen centuries.
Omaha daily bee., 1896-11-20

The people OF Omaha are happy because
$365, ,000 worth aof stock to their Exposition
company has been subscribed for. The
appropriation by the government will swell
the amount available and it ought to I've
known now soon whether or not the Exposi-
tion is to be 2 fact and what its nature
and extent will be-
Omaha daily bee., 1896-11-20

In opposing a general revision of the
tarirf the Dispatch does not oppose the pro-
toctive feature. On the contrary, it recog-
nizes the unmistakabe will OF the majority
which demands that this essential principle
shall be maintained The Dispatch does be-
lieve, however, that the people. having made
their desires regarding the tarff plain. want
the subject removed from politics and placed
upOn a purely business basis
Omaha daily bee., 1896-11-20

Argument against the sugar bounty
which puts 1t on the same basis as n
supposititious "wheat bounty" is just
the kind of logic which might have
been expected from fake-mill both
ignorant and wilfully blind.
Omaha daily bee., 1896-11-20

If the living springs which formerly
existed on the block occupied by the
new postolice are still in full flow the
construction of twenty y-five-foot drain
age sewer surrounding the premises
needs no further explanation.
Omaha daily bee., 1896-11-20
BIaclllistcd by Kids.

The Nebraska populists are driving demo-
Gratis out of cllibs organized a quarter of
century ago ana approprating the party
name as they conduct the operation. 1t is
rather interesting to see a charter member
of an old democratic club compelled to
walk the plank by the pops, and all in the
name of regularity
Omaha daily bee., 1896-11-20


II is evident from the tone of tho leading
democratic newspapers of the south that the
people OF that region will not permit the
false prophets and charlatans of deprecated
currency to represent them in the next
national democratic convention. The same
is true also of the great middle west. The
democrats of that prOtiOn of the country
have no notion of being dragged into a
defeat in 1890 with the miserable cry of
16 to
Omaha daily bee., 1896-11-20

NpIIIIsIVTI VNII6a'I INVIWOWCNN WNuI
Thirty millions of extra revenue could
be had by simply doubling the domestic tex
on beer, which is at present lightly levied
upon as compared with other liquors. And.
although the beer tax would rob the re-
pubicans of any excuse to raise the tariff,
some of them are beginning to favor Il. No
simpler or easier way to provide more
revenue could be devised
Omaha daily bee., 1896-11-20
Attorney General Churchilrs conten-

Attorney General Churchill's conten-
ton in the sugar bounty mandamua
case, now before the state supreme
court, may not be original but il Ger
tainly has the merit of novelty. The
attorney general takes the position that
one Legislature has no right under the
constitution TO enact any law that
would obligate the state TO pay out
money beyond the term for which that
legislature is elected, because by so do
ing one Legislature might increase the
states Liabilities beyond the constitu-
tlOnal limit If this view was sound
then any act authorizing the state offi-
GERS to enter into any contract that
would in its practical operation extend
over n period of two years or more
would be void. Suppose this principle
had applied to the lease of the peni-
tentinry or to the contract for erecting
the capitol building, or any other state
building that might require more than
two years for its construction or that
was begun within only few months
before the opening of the legislative
session following the passage of the bill
money for the execution
of the contract?
Omaha daily bee., 1896-11-20

NIIWIUktc NINVlNSIn VtND
The passage OF the Dlngley bill and the
appointment of tariff commission would do
away with the unpleasant necessity Of an
extra session of congress. II would leave
President Mckinley free at the outset of his
administrator for the reorganization OF the
Departments. The commission could sit
from March to December, and when the
new congress meets it would be ready to
report.
Omaha daily bee., 1896-11-20

The French may be a proud nation, but
when a French ministry is saved from
overthrow and the Paris proes is prevented
from growing about Englands open ayowal
of her intention to remain in Egypt. both by
hint from Russia, the pride is not abso-
lutely unConquerable.
Omaha daily bee., 1896-11-20
OVER CONFIDENCE.
Cleveland Lender

Cleveland Leader.
A turkey sat on "A lofty fence
And he said to himself said he:
"Thc way they feed me is immense,
And they seem dead stuck on me
"I'm getting fat and I'm feeling gay,
And the world seems good and glad;
In n week or two I'll bet I'll weigh
About as much as dad"
And he hoped from his perch, and he
drummed the ground,
And he put on a lot of airs,
And he fiercely Fobblcd and pranced around
Nor thought of worldly cares
Ali the man who Is full of pride today,
And thinks himself so fine,
May, like that turkey-who shall say
BE standing on a mine.
Omaha daily bee., 1896-11-20

The struggle between the courts of
Kansas over the receivership of the
Santa Fe bids fair TO become as far
reaching in its consequences, if less
bloody in its methods, than the war
now raging in Cuba.