davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

priations made by congress. It Is clear
that, if you give to the government
complete authority to issue legal ten
ders at pleasure, it cannot expand the
currency when and where it is needed.
An even greater difficulty confronts it
in the matter of retirement.
At another. season of, the year. in
midwinter or in midsummer, business
slackens and the demand for money
drops off The deposits Of the banks
increase, their reserves are bursting
and business is actually disturbed by
plethora of money. How, now, can
these same banks get the greenbacks
back into the treasury in order that
they may be retired? What will the
treasury give in place of them? What
can the banks get in exchange for
them? Obviously, it will not affect the
money volume to swap one form OF
currency for another, and we cannot
have a revenue act so adjusted IS TO
produce a, surplus at some particular
season of the year whereWith legal
tenders may be redeemed.
Whatever one may think Of other
aspects OF the currency question. he
must see at a glance that the function
of elasticity does not reside in the
greenbacks A currency that shall re-
spond to the f1uctuating demands of
trade must issue from and return TO a
source directly responsive to those de-
mands. That source is the local bank.
Leaving out of consideration the
question whether we ought to have an
elastic currency or not, it is perfectly
plain that, If such a thing is desirable,
it can be realized only through bills
issued by the local banks everywhere
when the demand for credit and mon
ely is active, and called in and retired
by them when their borrowers come
up and pay their debts With the bank s
own notes. To talk about elasticity in
connection with legal tender issues is
moonShine.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
SUPREME OFFICERS VISIT.
The Local Maccabees Greet Supreme
Commander Markey.


An event of considerable Importance
in the annals of the local lodges Of
the Order of the Maccabees was the
first official visit last evening, by the
supreme commander, Hon. D. p
Marley, of Port Huron, Mich, and
the great record keeper. c.. j. Siegel
of New York
These gentlemen have been making
a tour OF the Western states, fnclud-
ing Iowa, Colorado. Utah. Nebraska.
the Dakotas and Minnesota, and are
now on their way East. Their coming
TO st. Paul was announced In sufficient
season to enable the local tents. UNITY
No. and st. Paul No. "a. to arrange
an lmpromptu reception in honor Of
their distinguished guests. which was
held at their hall last evening. Aside
from the knights in this city, a dele
cation of about fifty came over from
Minneapolis in special interurban
car.
The meeting opened with an exem-
plification Of tie secret work by the
degree team of st. Paul tent. and the
impressive rites were carried out in
perfect manner, such as to win the
applause of the visitors. social ses-
sion then followed, in which short ad-
dresses were made by Sir Knights
Marley and Siegel, and also by Rev.
Pherris, Judge SchOonmaker, Thomas
w. Score and others. Sir J. II. Ire
ghgas, past commander of St Paul
tent. presided. and the programme
was pleasantly interspersed with must
cal numbers. Cigars were distributed
ana the evening closed with a cor
dial handshake and fraternal greet
ing.
Commander Markey, in his address,
referred briefly to the rapid growth
and present excellent financial cOndf-
ton of the order. 1t is now but six
teen years old and yet has a mem
bership of over 100000, of which 10000
were added during the past year The
order is especially strong in the East;
Michigan, the state In which it start
ed, has a membership of $4,000. and
New York furnishes 00O0 1t is com
paratively new in Minnesota, yet
there are 5000 members here. Over
S9OOO,OOO has been paid out in bene-
fits. The Ladies of the Macca bees is
ship of $4,000. Sir Markey referred to
the fact that, though he had been
the supreme commander for ten years.
this was the first official visit he had
ever paid to st. Paul, and the work
1ngS and enthusiasm of the tents here
surprised and greatly pleased him
He also paid a high compliment to
the degree team for its excellent work.
Sir Knight Siegel spoke briefly on
the advantages Of the order furnish
ing, as 1t does, protection and frater-
nal1sm, and in a few words he ex-
planned the management Of the
finances, stating that the reserve fund
was invested In government bonds
Messrs. Marley and Siegel leave this
evening for Faribault to Visit the t.uf
in that city.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
THE STATES REVENUE FUND.

The state treasurer'S statement Of the
condition of the treasury at the close
of November discloses a singular con-
dition of the revenue fund. 1t has en-
tirely disappeared, and there is de-
ficiency of $50, 1864. While the report
shows that that amount is In the rev.
enue fund the amount is deducted
from the total amount on hand credited
to all the funds, $542, 1885. leaving the
amount on hand $488,20 II The reve-
nue. fund is overdrawn 500, O0O other
funds have been drawn upon to put
that amount to the credit of that fund.
The revenue fund contains the in
come derived from the direct taxes on
real and personal estate, the gross
earnings tax Of railways, insurance
and other companies, and miscellaneous
special taxes and fees. The auditors
report for 1895 estimates the income,
including the cash on hand at the end
of that fiscal year, at So, 2S0 053, and
the disbursements at $2,9S4,47 leav-
ing surplus of $295,574.- These dis
bursements are those made to meet the
appropriations of the legislature and
interest on the public debt Neither re-
ceipts nor disbursements Include the
account of the ether special funds
which have their own sources of in
come and means of expenditure. The
state tax levy for 1897 for the revenue
fund was 1.5 mills, estimated to yield
$500 and the gross earnings tax was
estimated at $1,000, 900. '5''
The fiscal year Of the state ends with
July 81 each year. The condition of
the revenue fund at that date for sew
eral years past will throw some light
on it's present condition and suggest
an inquiry as to what is the matter
with it now. There was on hand to
the credit of this fund at the dates
mentioned the following amounts:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
Sitting WEBER'S THEORY.
Sheriff Wagener stin Working on
the Lambert Lake Mystery.

Sheriff Wagner and Assistant County At
torney Zollman have consulted with Supt.
Weber, of the Pinkerton agency. regarding
the information claimed to be possessed by
the latter tending TO show the famous Lam
bert lake mystery hoax. 1t is understood
that Supt. Weber has enlightened the au-
thorities as to the foundation Of his theory.
and informed them who the persons are that
are under suspicion of having perpetrated the
alleged Joke" AS result Of the cOnsulta-
ton the authorities will investigate along
the lines suggested by Supt. Weber. with
view to either proving his position right or
without grounds. From no source can the
names exchanged at the discussion be learned.
Supt Weber's change of base from an Il
can lay my hand on the party in thirty min
utes' position to merely a plausible theory
which must be thoroughly sifted like every
other clue that has been run down does not
throw much additional light upon the az
fair as yet, as the authorities refuse to give
out any information until the investigation
is completed. Coroner Nelson win hold an
inquest over the remains next week. and 1t
Is thought that some developments may trans
pire at this inquiry
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
ASSEMBLY MEETS TONIGHT.
Lighting Bids and Other Matters to
Come In.

The meeting of the assembly this evening
promises to be an interesting one. Bids will
for lighting the city with gas and electric
lights. While there will be but one bid for
the gas and electric lighting, IL is expected
three bids will be submitted for the gasoline
lighting. The company represented by J. J.
Parker is record as agreeing to bid I'M
der n cents per lamp per month. The Car
bon Light and Power company. who bid II
cents the former advertisement will sub
NIT another proposal. as Will also the Amer
lean Development company. which firm now
has the contract.
The assembly will also take up the ques-
ton of awarding the contracts for the col
lection and disposal of garbage. as recon-
mended by the joint committee on garbage.
Mayor Dorsn will. in this matter lay before
the council a raft of statistics to the effect
that the work cannot be done at the prices
bid by the contractors.
Assemblyman Albrechts ordinance forfeit
Ing the cable line franchise viii come up
for passage.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
TALK ABOUT BOND rss, r..
The Committee Discusses the PROMO
sItiOn without Result

The committee on Legislation frauI tho
board of aldermen held its first me ing Stnc5
the present council was elect. yasterd6 ~
The matter before the commit was the
resolutions passed b. the conference COM
mittee in October requesting the council to-
take such action would enable the v0t-
ers at the next election to vote on the urou-
osition for the issuance Of 500 600 iu bonds
for school purposes. Aid DOnahower uuss-
toned whether. under the law, the money SEE
cured from the bonds, II issued could be
used for maintaining the schools or IL il
could only be used for erecting and equip
ping new buildings. The committee was OF
the opinion that there was no particular ned
Of haste in the matter. and. IN order to have
for two weeks. At the next meeting the
president of the board of school inspectors
and the city comptroller will be invited to
be present.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
HURT BY A STREET CAR.
Three Men Thrown From a Buggy
on Univeraity Avenue.

Louis Iloraines living on Fenton street
near Kentucky, were severely injured
last, night in "a collision with a Ham
lire car. The trio had been to Coon
lake in Anoka county on hunting
expedition, and were driving on Uni
versity avenue toward the city. Just
east of Lexington avenue Hamline
car ran into the rear of the rig and
wrecked the wagon, throwing the men
out. The horses ran away. The men
were brought to Seventh and Waba-
sha street in the street car.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
ToDAY,S WEATHER.

WASHINGTON, Dec. forecast for Thurs
day NJ nnesota-Fair; westerly winds.
Wisconsin-Fair; light westerly winds
North Dakota-Fair, followed by threatening
weather and snow furries Thursday after
noon or night: warmer; variable winds.
South notwithstanding weather and
snow: probably warmer; southeasterly winds.
Iowa-Threatening weather and snow; north
easterly winds.
= Montana-Snow; warmer; Easterly winds.
GENERAL OBSERVATIONS.
United States Department of Agriculture,
Weather Bureau. Washington, Dec. l, Gas
.. m. Local Time. p. m. 10Th Meridian
observations taken at the same mo-
ment OF time at all stations.
TEMPERATURES.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
MAY CHANGE THE NAME.
Civil Engineers Society May Alter
It's Bylaws.

ia.
At the meeting of the Civil Engineers So
ciety, of St. Paul Monday evening the ques-
ton of changing the name of the organization
will come up ON report from the committee
appointed to consider this matter The com
mittee was directed to consider the advisa-
bility of having classified members and the
advantage Of having a less restricted name
consisting of Edwin E. Woodman, oliver
Crosby and W, L.. Darling, recommended
that the conditions of membership be changed
SO as to allow any. CIVIL mechanical or m Ii
tary engineer and any architect. geeiogist,
metallurgist, assy re, or surveyor holding
or uniyersitysor United States military acad-
envy, who has practiced his profession for one
year or, who, not holding such degree, has
practiced his profession for FIVE years, shall
be eligible for membership. Students who
intend to adopt one CT more Of the branches
Of the profession mentioned may be chosen
as Junior members of the society. The report
also recommends that the word civil be
dropped and that the name be Engineers So
ciety of ST. Paul AT the meeting Monday
night the changes mentioned will be dis
cusSed.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
MARTINELLI IS EXPECTED.
PapaI Delegate to BE a Guest Christ
mas Week

Mgr lFartinelli, papal delegate, will
probably be the guest of Archbishop
ireland during Christmas week While
the convocation of bishops was in pro-
gress at the Catholic university in
Washington several weeks ago, Arch
bishop ireland extended an Invitation
to Mgr. MartineHbrto visit him and it
was aceepted9I rs
The. delegate is expected to offieiate
at high masss at y the Cathedral on
Christmas day and in the afternoon
will dine with Archbishop Ireland and
other Catholic prrfates. He will also
visit Minneapolis during his stay in
the Northwest. ~
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

Of Mr.. and Mrs. White, OF Twelfth street.
has returned to Amery, Wis.
Mrs. W. H. McCoole OF St Peter street,
left yesterday afternoon for Los Angeles.
Cal, where she will spend the winter
Mr.. and Mrs. G. H. Grannis. of Lake City.
are spending the winter with their son, C.
W. Grannis, and family Of Pleasant avenue
Mrs. F. L. Robarge. of the Buckingham
has returned from Barre. Vt.
Miss Brown. of Barre Vt, will spend the
winter in this city.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
"IN GOD WE TRUST"

The standard dollar bears on it's Sc
rene face the reassuring statement
that I'm God we trust" However pi-
Gus may have been the motive for this
inscription it has since come to have
another and less sentimental signifi-
canoe, and is now taken to mean that
the trust is for the forty odd cents of
value that is not in the coin. The
legend on the dollar may well be
transferred to the condition of the
treasury as shown in it's monthly and
annual reports We have had apollo
gies and explanations galore for the
excess of spending over income as the
monthly reports have come out 1t
was the work of the wicked importers
who had forestalled the markets. 1t
was vanishing and would disappear
entirely by the end Of the calendar
year. And now comes the statement
that the annual report, which the sec
rotary of the treasury is to submit
to congress next Monday will express.
his hope that the deficit in the treas
ury at the end of the fiscal year next
June will not exceed $25, ZOO, 600. Eleven
months and seven days of the work.
ing of the Dingley bill, that was
framed ito provide adequate revenue"
will leave the treasury $25OOO,OOO Gin
the hole" is the best that the secre-
tary of the treasury can expect of It.
We cannot understand the apologize
attitude of the Dingleyite press for
their measure and its work 1t was
enacted to restore McKinleyism and it
was built on the lines of it's prede-
cessor 1t is doing it's work precisely
as that act did, and, as that was
praised as "the bravest and best tariff
ever devised" it would seem as if this
one should be lauded instead of ex-
cused A comparison of the two as
revenue producers will fully demon
strate this. The Mckinley bill went
into effect in October, 1890, and con-
tinued until Aug. 49, 1894. The re-
ceipts and expenditures during that
O
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
CRAVING FOR OFFICE.
Mai. woIcott Lay, of Washington,
Grows Reminiscent.

Public life seems to possess glitter
ing fascination for everybody. and yet
to be an office holder is one of the
greatest misfortunes which can befall
a young man."
, The speaker was Maj. Wolcott Lay,
of Washington, D &C., at the Merchants
last evening. He is one of the three eX-
aminers employed in the internal rev.
enue department and is here for few
days on visit of inspection to the To-
Cal office. Incidentally it may be men
toned that when he was last here,
four years ago, it was to install Capt.
Harries in his office as collector, but he
says that his present visit here has
no particular ignificance-that if any
change was to be made in the office,
the outside publioi would hear of it be-
fore he would The major has himself
grown gray in the SerYiee,i and being in
q reminiscent; mood last evening, told
of it, .# a., -.
After l came out of the army in 1864
I had position offered me in the de-
partment. and against the advice of
rela tiVes-who / now know were wiser
than II accepted it, not intending to
remain for any great length of time.
But [ did stay; though, and several
years later was promoted to my present
position, which L have continued to
hold down steadily with the exception
of two short intervals, during the two.
terms Of President Cleveland. when
some good Democrat filled my place.
My duties call me all over the country;
that might sound pleasant to those
who think they like to travel-but it
isn't.
Zone of the saddest and yet a very
peculiar sight is the invasion of Wash
iington by the army of off1ce-seekers
after the Inauguration of every presi-
dent. They crowd everywhere and
struggle to get the ear of everyone
whom they think has little influence.
Some Of them go to Washington with
g few hundred dollars and most all of
them go away broke and disguised;
they didn't get the office they coveted
but they are better off if they only
knew it,
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
HIS watch stolen.

August Thal. a tailor doing business at
36S East Seventh street. reported to the po-
lice. yesterday afternoon. that he had been
shop He exhibited a chain dangling from
his vest and claimed the time2iece had been
'n,pped" while he was standing at the bar.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
ELks' SOCIAL SESSION.
Programme Arranged for the De-
light Of minneapolis Brethren.

The st. Paul lodge of Elks will hold social
session. tonight About fifty members from
Minneapolis lodge are expected over and
programme for their special enjoyment has
been arranged. There will also be number
of members from Saltwater lodge present.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
stin Making Citizens.

Nearly three hundred residents of the Sec
ond ward received their naturalization papers
last night at the court house, while large
number from the Fourth ward received the
desired documents from the supreme court.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
EUTERPE QUARTETTE
ArranEes a Concert for Next Monday
Night,

The Euterpe Ladies quartette has arranged
to give a concert Monday Dec. 6. in Cam
bridge hail. in the Ryan building. It will
in fact, be the formal opening of this new
hall. The Euterpe quartette is composed OF
Mrs Harris Miss Baker. Miss Burdette and
Mrs. Yale all singers Of recognized ability.
The organization has appeared in concert sew
eral times IN different parts Of the state, and
has always received most favorable mention.
This is their first appearance as quartette
in st. Paul. They Will be assisted by other
local musical talent.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
Receipts. Expenditures Deficit.
Oct. 80. .$65 34S,12S 1872. 65S 374 $27, 80 246
Nov. g.. Y, 1884, 45 102,5S6,374 80, ,629
Nov. 2o...... S3,S7S635 11s,044S74 3t,17o,73s


be seen that the tendency of the Ding
ley act is exactly that of the McKin-
ley act; that under both the gap be-
tween income and outgo steadily in
creased, while the opposite tendency
characterized the German act The
Mckinley act turned a surplus of 49,
600, 900 into deficiency of $4,000, 900,
while the Dingley act is steadily aug
menting the discrepancy, and the best
the secretary of the treasury dare pre-
dict for it is a deficit of $25, 900, 900 in
its first year, and that, too, after the
receipts shall have been sweHed by
the proceeds of the sale of the Pa
cif1c roads. With this result of two
measures fathered by the Republican
party to provide revenue the propriety
of the adoption by the treasury of the
motto Of the standard dollar becomes
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

The committee on claims, of the board of
aldermen, will meet this afternoon at 3
o'clock. and the committee on streets. from
the same body, an hour later.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
SUBSCRIPTION RATES,
Payable In Advance.

Payable I'm Advance.
Daily and Sunday, Per montn 'oO
Daily and Sunday, Six Months $Z.7o
Daily and Sunday, One Year %o.Oo
Daily ONLY Per Month s7V
Daily Only, SIX Months $z'2o
Daily Only, One Year $4.oo
Sunday Only, One YeRr Y1.So
Weekly, One Year $1.oo
Address ell communications AID make all
Femittances payable to
THE GLOBE CO.. st. Paul. Min.
Complete files OF the G / o b 6 always kept
M hand for reference
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

obvious. Certainly trust cannot be
placed in the Dingley act to restore
that lamented surplus.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

The Dingley act went into effect July
"a, 1897, and is still working on it's
task of providing IAN adequate reve-
nue." while also providing an ample
protection that antagonizes customs
revenue. Beginning with Aug. /, we
note the following relations of income
and outgo from that date to each of
the dates named:
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

Here we have a shrinkage in this
fund of over so per cent since 1894 and
of nearly so per cent from the sum on
hand in 1893, the last year for which
the much berated legislature of 1891
made provision. To make the compari-
son more striking we append the con-
dition of the revenue fund at the close
of the months since the close of the
last fiscal year as compared with it's
state at the same dates last year:
On Hand -- 1896. 1897.
Sept 80 Observation-Disclosures 53. 14S $110,5S2
Oct. 81 OBSERVATION-DISCLOSURES. 315, 445 q, Sill
Nov. 80 NEUTRALITY-SUSPICIOUS.. 1873 1886
%Defcit.
Why this marked monthly contrast?
What has so depleted the revenue
fund? Are we again where we We're
some ten years ago when state audi
tor tried to cover up deficiency by
doctoring a public statement to show
a surplus of over 100000, when there
was an actual shortage of over 1910, 900,
for which the next legislature provid-
ed by authorizing an issue of revenue
bonds to the amount of $500, 900? Pos
sibly there is a good explanation to
be made. If there is, it should be forth
coming.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

"Deficit.
The German act went into operation
Aug. %, 1894, and continued until July
"a, 1897. It's effects appear in the an
nual reports for 1857. The receipts
and outgo during this time We're as
follows.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02
SOCIAL AND OTHERWISE.
Dancing Party In ProspectIye-Mrs.
GrigGs' Reception.

Mr. and Mrs. Boeckman, OF Marshall ave-
nue., will give a dancing party tomorrow
evening for their son Egil.
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

Sunday Only, One Year 1900 R1.so
The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-02

Mr.. and Mrs Charles CaspersOn celebrated
their thirty-third anniversary last evening
at their home, 511 Bancroft avenue.