davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

ledge which feeds these diggings can be
found not far off
The new camp is only two and 4 half
miles from the railroad and is easily
accessible. Water is plentiful and wood
and timber abounds in the mountains
with which the new camp is environed.
and rs there is still plenty of good
ground subject to location. Mr. Street
is of the opinion that as soon as the
merits of the district become more gen
orally known there will be quite an
exodus of mining men to the new gold
and copper fields.
Mr.. Street has examined this country
from one end to the other. and while
he does not wish to be classed as an
enthusiast, he is free to say that in this
new district there is the best surface
showing he ever saw in any camp.
In speaking of Lemhi county. Idaho.
Mr. Street says that he was we'll ac-
quainted with the Italian mine, now
owned by a Salt Lake company. and
he stated that he was satisfied that it
WAS the making of 4 heavy gold pro-
Queer, and he Furthermore said that it
was one of the best mines TO be found
in that country.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

The Petro has been noted as a rich
lead producer. In fact. st is probably
the largest strictly lead mine that IS
opened up in Utah today. but 1t wss
never believed until lately that it
would in time also make a reputation
as a, producer of The yellow metal, and
yet 1T begins to look as IL it was des-
tined to make an enviable record in
this line
The ledge, on winch a shaft is NOW
being sunk, is strictly gold bearing,
and the ore assays from $40 to $500 IN
this install, and if the deposit proves
TO be permanent with depth the COM
pany WIFI be able 10 make heavy ship
ments of the yellow metal as wen as
of lead ores. in fact, a shipment Of
gold ore is now being prepared for the
market, and is likely to arrive within
a, short time. Consignmerts of lead
ores will also be made. and 1T is ex-
pected that the company will ship
quite heavily this fail and winter
II is learned that the company has
abandon Eae idea Of building a
wagon road to the mine from the Cot
tonWood side and that it will continue
TO use the cid Carr Fork trail.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
eKING' cARvER's DISCOVERY.
Ledge of High Grade Copper in
Reaver Lake District.

Frisco, Utah, Oct 26.-Colonel Miner
is having a building erected upon the
Crete group for the accommodation of
the men engaged in working uDon the
property. Three men have been sent
down from Mercur and it is undsrzl1od
q working shaft VIII be sunk as fast
as labor can put it down several hun
dred feet.
Mesers. MeAfee, Hanson and Carver
have made location during the last
week that shows some splendid ore. y
sample tested showed the presence of
81 per cent copper, 10 ounces silver and
Sc gold. The sample was quite large,
Weighing several pounds, and King
Carver is authority for the assertion
that there are two feet CT this ore
showing. The calm is in thu SOUTH
east end Of the district and is assure
in granite.
The Copper Mountain holds its own,
and three feet of red oxide of co2Oer
is said 80 be showing in THE bottom of
the shaft.
The within on the Beaver Lake Cop
per is not yet quite ready. owing to the
absence of several parts that have
failed TO arrive,
While work has been sus,> pended on
the Beaver Lake Copper until the
whim was put UP, NIessTs. NIcAfee and
Hanson made q lead-Stlver location
and extracted about half ton OF ore,
which is being shippSd to sGlls.ter.
The boys reckon this shipment Will
make them wages for the time they
have put in extra citing the ore.
While doing assessment work on siae
Blamcihe claim. the west eNtension of
the Copper NIuuE1aln, 2 fair streak of
peacock copper was found.
Martin Anderson. who IS working a
claim east Of the Copper Mountain. is
said 10 have 4 nice showing of ore.
The incline belrg sunk my the Ben
Harrison company shows the vein in
increasing extern and the ore as good
as ever.
There are no new developments in
the SIiylargS. The tunnel is being run
on the iedse struck las. week, an6 III
80 feet more 1t Is expected VIII encoun-
ter tlle main ledge.
Mr.. Flewellyng Of Ogden looked over
the district last week and secured
Sone exceSdlngIy fine specimens Of
gray copper from the Groupings of the
SRyfarl1 ledge. AIR. Flewellyng is of
the opinion chat q min placed at tho
mouth OF tunnel 10 be daeven' on she
ledge from the east side of the range
will make the SlCyiark a paying in
yestIent from the s,apt- The present
tunnel Is being run from the west side
The Galena shaft is still in a loose
ledge matter very Favorable for ore.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
NEW GOLD AND COPPER CAMP
A Montana District Which Is to BE a
Rival of Butte City.

e. a Street. the retired telegraph
operator who has made name as well
as barrel or two Of money in the min
ms line during the past few years, and
who is well known throughout the min
ing camps Of this inter mountain re-
gion. is in the city from Montana.
While Nj. Street has met With IN
qualified success IN several mining
CAMPS in the west, he is hetter 1noWn
for his operations in the Salmon river
country, in Idaho. than for anything
else that he mas done in the mining
way, as il vas largely through his I'M
tiring and intelligent efforts that this
section is so well and faYorably known
at the present time; and his successes
there have been the means OF attract
ing a great deal OF attention to that
locality. which, he states, IS a natural
gold country. and one which will make
a splendid reputation for iteself dur.
ing fhA course OF few years
Mr.. Street has found a new FL Do
RADIO. however: d GoIconda which he
believes will soon become formidable
rival Of She great gold and copper camp
of Sutte Mont, which is famed the
world over as being something a little
larger in it's production of copper than
has as yet been discovered in this
western country
This new district IS located about 80
miles east Of Helena. not far from
Mitchell, and while Mir. Street was
rather reticent in speaking of it, he
stated that The lodges there were very
strong and well defined. and at the sur
face measure 100 feet and over in width.
while the veins can he traced by sur
face croppiass for q distance of. six
miles AID more. The formation Is a
contact between granite and slate. with
sheets Of porphyry, while the ore is Z
gray copper going "a per cent in this
metal and from $40 TO $50 in sold to the
ton
In the same locality and in the imne-
date vicinity of the group OF claims
owned by Mr. Street there are placer
diggings from which from $50 to $40
have been taken out a day to the man.
and Mr.. Street is confident that the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
CHICAGO WHEAT.
Trading Chiefly in December-Net
Gain Of Ic ct Close.

Chicago, Oct 2G-Wheat was weak for
about ten minutes after the opening and
then the local speculation became firm ard
it advanced IL cents from the lowest
point The trading was chiefly IN DeceIn-
Der and to that future was confined the
advance. The opening weakness WIS be-
cause of q further Esd decline at Liverpool
and plentiful rains in Nebraska and Kan
sas- On the other hand receipts were
light.
one feature of the days trading which
had Il marked effect on final figures was
caused by a disposition of shorts in wheat
TO cover and 10 put them out for May and
as . result of this u-le spread between
those two months widened to 29s-
A Weakening feature during the fore
noon was a reported decline at continental
markets. but when the public cableSrams
giving the close at Paris and Antwerp
came to hand. it was found that the re
privately reported. The rain in Kansas
and elsewhere of the day before was said
to be spreading III this direction. but it
was to be accompanied or Immediately sue
ceeded by much colder weather. This
augured no good to the beiated crop and
caused some buying. The receipts at
primary markets were very close 70 the
quantity on the same date of the year BE-
fore. TodsW they were 1,61S,O00 bushels,
| last year 1.I730QQ bushels BradSteetS' re-
port OF the worlds visible made an in
crease since last week of 4,131 900 bushels.
1.9l3.C00 bushels of it on this side and 2. 4O0
COO bushels in and aflSlt for Europe. That
caused one OF the weak spots in the I--% 5;
market. but the bedriSh impression due TO
| it was of short duration.
The. market grey quite strong toward
| the close st. Louis reported that all the
contract wheat there, about threo-duar-
tiers of q. million bushels, had been ordered
out. The local crowd had gotten short
and when it ATTEMPTED to cover there was
very little for sale. December opened
about unchanged at from 931z to 939s, and
declined to 49, 1t rose afterward 10 9i1s,
| fell back to 93A, and near the close sold
up again to 941z, closing ut 947sM941S. May
ranged from 902i to 9lH, and closed at
g134. Net gains for the day in December
was l cent and in May only = point
Corn was very dun and the slight fiuc-
tuations of the day were caused Drin-
ctpally by the movements in the wheat
market. December ranged from 257s9a6
to 252s and closed at ISIS.
Oats were firm partially through SYM
patty with wheat and corn, but mostly on
account of the excellent cash demand.
! December ranged from 1875 to 1885, closed
about 14c higher at 1S9s.
Provisions were heavy from the same
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
LION HILL FAVoRITES.
Sales of Northern Light and Chlor-
ide Point on the Exchange.

Sales of Northern Light and Chlor-
ide Point on the Exchange.
Lion Elm stocks were the favorites
on change yesterday and the transfer
of Northern Light and Chloride Point
shares comprised the dealings of the
can.
There was disposition on the part
of the brokers to bear Northern Light,
but it was firm at the closing quotation
of the previous call. With Chloride
Point. however, the bulls got in their
work and the stock changed hands very
near to the 10 cent mark. GeYserMa-
rion was weak and slumpy and drew
out but little inquiry. Mercur was sta
tionary while Mammoth lost a few
points in the bidding although it was
firm in the offerings at the figures Of
the day before
The unlisted stocks were extremely
dull and commanded scarcely any at
tention. Swansea was wanted at SIPS
with no sellers in the pit South Swan
sea was more in demand and buyer and
seller We're only 10 cents apart at the
close. Dexter was crowded to the wall
and the stock was offered at 40 seller
60 days. No change was noticeable in
Sacramento, which was quiet but firm
at the usual figure.
The transactions of the day were as
follows:
SALES OF STOCK,
400 Northern Light at 50 cents.
500 Chloride Point at SO cents
The closing quotations were as fol-
lows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Clements Klondike Lecture.

There was rather a small attendance
at Unity hall last night 80 listen TO j.
I. Clements lecture on Klontdfl1e, hut 1t
was an intensely interesting address
and was listened TO a,5.ertiYeIy by
those wEo are interested in the great
Alaskan gold fields, as the speaker de-
pieted most graphically the hardzhips,
dangers and experiences encountered
before reaching this land of gold while
the calcium light views of the scenes
along the route we're instructive as
weM as striking ard beautiful.
OF all the routes to the Klondike. Mr..
Clements says the Chilkoot Pass is the
best, by the way of Dyea, and he adj
vises that The start be made from thu
last named place by the middle of
March.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
THE GOLD RIDGE MINE
Promising Gold Proposition Up in
Oregon.
GREAT MINERAL SECTION
IN WHICH a NUMBER OF SALT
LAKERs ARE INTERESTED.

The Ledge Disclosed in the Virginia
Consolidated, Dave Keith's Mine
New Gold and Copper Camp
A Mountain District Which VIII
be a Rival of Butte City-Eighly
Impressed With the Italian-Lion
Hi Favorites-Sales Of Northern
Light and Chloride Point on the
E1change-Petro Gold ore-The
Company Preparing to Ship-ore
and Bullion-silver and Lead
Mining Notes and Personals.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Omaha Live Stock.

South Omaha. Oct -Cattie-Reeeipts.
300; market steady Native beef steers.
410aA9O; western steers, 3-70q4S0; Texas
steers. 3.OOd5.60: COWS and heifers. 1900
$50; Gamers, L75q2SO stockers and feed
ers. S5oG4S5: calves. S.50a5.5O; bulls, stays,
etc. 2.0063.60.
Hog8Reeeipts, 500; market 5 cents
lower. Heavy, 3. 321s6b 40; mixed S-35d3.40;
light, 3.4OQ355 bulk of sales. 3.35d345-
Sheep-Receipts. 5000: market steady.
Fair TO choice natives. 3.60d390; fair to
choice westerns S.40dS.S0: common and
stock sheep. 3.G0G565; lambs 9.75Q5.25,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Kansas CITY Live Stock.

Kansas City, Oct 26--Cattle-Receipts.
10000. Best grades steady. others slow.
Texas steers, 2.S5q415: Texas cows. 2.OO0
a.15: native steers. 40G9510; native cows
and heifers. 2.00f4.00; stockerS and feed
ers, 2.75aA40; bulls. 225G3-60-
HoSS-ReceiPts, 15OOO; market weak 70
: cents lower. Bulk of sales 3-40d3f0.
heaVies, 3.g0d3- 42i5. packers. 5.S0d245;
mixed, 3.35u34Ilz; lights. 3.5JG1.58; York
ers. 3.45d35O. pigs. 2S0d5.fiz.
Sheep-RecefptS 1000; market steady TO
strong Lambs. 3.65d5.40; muttons, 2.000
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Cash quaiStiioas were as follows.

Cash quotations were as follows:
FIour-Firm.
Whaat-No. ? spring. s7l@nS9ls: No. )
spring S0dS7: No ! red 951ad96lb
C,II'n-No- 2. 2l7s; NJ. , yellow 245s
Oats-No. 2. 1879: No. white. + o. b..
221a: No. 3 white 2Gih622
Rye-No. 2. 49, G452&
Barley-No. 2. Nominal; No. 8. f. .. b..
9Sd42; NJ. 4. f. .. b.. 27I37.
Flax Seed-No. ]. I.9I.
Timothy SAed-Prirna, 2.65.
Mess Pork-Per Dbl, lisa. so.
I1ard-Pe- 100 lbs %
Short Rtbs-Sides Goose) 4.35d4. 10
S.houlders-Dry salted (boxed) 42t65
Short Clear-Sides (5oxed). Sails
Wfhisly-DistfllerS' finished goods. per
giIi,01 1.22
sugar-Cut. loaf. unchanged.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

This week shows a falling off in the de
mand, although prices remain about the
same. The market for territory woods
9roIIs steady as regards prices asked, but
buyers are less ANXIOUS 10 secure supplies
az, tl4 quotations. QuotaEHOnG.
Territory Wools-Nontana fine medium
and medium fine l6@1Sc-; secured price,
4gG50; staple 52GIJJ
Utah. Wyoming etc.-Ftne medium.
AMI fine. 15u17. secured price. 1880.
staple. 52d55.
Australian Wools-Scoured basis. comb
iTlg. superfine. 70fI72; combinG. good. $50
IS; con1bdnG, average, eggs; Queensland,
cocnb;nS, 65.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Ore and Bullion.

The ore and bullion receipts yester-
day were as follows:
Mccormick & Co., bullion. $3.50; ores.
50, 000
T. R; Jones & Co, ores, $500; bull
lion, $4,000.
Bamberger & Mcmillan. ores. $751;
National Bank of the Republic, cya-
hides S131S
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
The Fissure Mining Company

The Fassure Mining company, whose
property is Situated in T4nGic mining
district, fled articles of Incorporation
yesterday with the county clerk. The
capital stock is placed al $500 900. d.
Vided into 81 shares, and the officers
and directors are: S. J. Lynn, presi-
dent; T. Il. Williams, vice president;
Henry Green, secretary and treasurer;
rectorS
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Petro Gold Ore.

Mention was made in these columns
some time ago relative TO the discoY-
cry of a deposit OF gold ore on the
ground Of the Petro Mining company,
In Carr Fork, Bingham, but Il was NOT
until lately That the company has, be-
gun the development of the new find.
but The Herald is reliably informed
that sinking has been begun on the
ledge. which was three feet wide at
the surface. and that at a depth of 20
feet the showing is encouraging
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

Chicago, Oct. 26.-CattIe-Native beat
steers sold ait 4.O0G4.5O for dressed beef
lots, up TO 4-75dJ % for good TO prime
shipping and export caidtle. SrtockerS and
feeders. !. 00Il4. %. calves. G.50I6. 70 for
best; western range steers. 3.50d4. TO-
Good to prime ineifers brought 3.75G4.I0.
Western feeders. 3.50d4.10.
Hogs-Prices were at an extreme range
of 9.25Q3.90 for swine and 2.75q3.s5 for
pigs.
Sheeo-SaIes were made at 2.5Od4. so
Western range sheep. 3.OOd4. %; feeding
lots, 3.75Gl4 GO; lambs, 3.750t4 Is for poorest
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Silver and Lead.

The silver and lead quotations yes
terday- we're as follows:
Bar silver. IS cents.
Lead, brokers' $S.S71h
Copper, brokers', Sl1.O0; exchange,
5000; casting, S10.25.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
CALL or UNLISTED STOCKS.
~. E. HuRRARD & CO..
Is West Second South Street.

Real Estate. Houses For Rent.
10 Z 10 roas, corner southeast
front, First Street, close in-will sell
at a sacrifice.
Groom two-story house, hall, etc.,
GO x 125 feet, corner N. E. front,
4th &, 81, 600, best buy in the city.
Choice building sites 80 < lao feet,
East Waterloo, $3.50 to $500. Terms
to suit.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Bucklen,s Arn1ca salve.

The best saIye in the world for Cuts,
Bruises. Sores. Ulcers, Salt Rheum,
Fever Sores. letter. Chapped Hands,
ChiIblains, Corns and all Skin Erup-
tons, and positively cures Piles, or no
pay required. 1t is guaranteed to give
perfect satisfaction or money refunded.
Price 20 cents per box. For sale by 2.
c. Nj. I. Drug Dept.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
g5lIgI!g5 ], RE-. /

UP to 5.5Oa5.75 FOR bear. feeders bringing
4-50llt. 10
Recetpts-Cattle. 6.50O. hogs. $1,000;
sheen 10 O00
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
The y. S. Govt Reports
show Royal Baking Powder
superior TO aH Others.

We have standard extracts. but
would advise you TO use Hewlett Bros.
Three Crown triple havorings, you
will find them cheaper in the end.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
AMERICANS IN LONDON.
Ran a Dollar Above the Lowest With
a Good Tone,

New York, Oct. 26.-Eventng Posts Lon
don cableGran: The stock market opened
quite dollar above the lowest with a
good tone. Money was dear at the set
tlement because OF the general rise in in
terest but the account was really quite
moderate. American stocks weee
about III Per cent, though tenders
at one time tried TO exact more. In spite
of the lowness of money and a possible
rise IN the Bank of Englands discount
rate THIS week the outlook for the mar
ket IS not altogether unfavorahle.
The Paris and Berlin markets were dull
Silver In London
London, Oct 26-consois. III 7-16 Sill
yer. Zl1sd-
Boston Wool Market.
poston Oct qs-1,he vaol nnarkat a1ere
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
RoNp QUOTATIONs.

U. S. n. As T. .1271z n. Y. C. ls..u.,1lS
u S a. as c.. .12S12 y. J. G. 5s.....113
L. S. Is g.. .113A Nor. Pae. ls..,, ,l1911a
u. S. As coup. :. .114A Nor. Pac. 3s..... 59A
u. s. 2S.......... 80 Nor. Pac. 4s..... 90
L. S. 5s reS.,,...115 Nor. & w. Is 1919
9. S. IS coup. ,116A Nonaw- CON 1855
Can, South IS Jos Dgbeuture 5s. .11714
D. g. r. c.. 1s....ll194 Ore Nav. Is III %
D. & r. @. d. $50 Ore Nav. 4s..... 9li5
Il. & T. c. 5s. .1l194 O. S. l.. Is. L. ..11SA
H. & T c. 6s. 10i 0. S. L.. 5s. t. T.. 922s
X P. C. t. r.. 90 Ore Imp. Is t. r.103
X P LIST (Den. Ore Imp IS t. 7. 405s
Div) l. 10 Reading 4s....... ST
La new con- As. 97Iz X. G. ". 1sts,... A9S
L. & N U. 49,. s. Union Pacific Is. 1912
NJ. X. & T. Is. 6I1a U. P, D. & G. Is 4S94
M. 4, & T. As, Sc
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
San Francisco Wheat.


SAN Francisco, Oct 26-Wheat-Firm
December, 1.4S1s: May. LAG.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

Diseases often Turk in the blood be-
fore they openly manifest themselves
Therefore keep the blood pure with
Hoods SafSauariua.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
SALES OF STOCK.

CALL OF LISTED STOCKS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27

Boston. Oct. 25.-Uhe wool market here
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Now YORK MINING STOCKS.

SAN FRANCISCO MINING sTocKs.
San Francisco, Oct. 26.-The offic.aa
closing quotations for Tnsa.nS stocks to-
da-r Uara az fosIr1vs:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
MONEY MARKET
SALES OF STOCKS.

New York, Oct 26-Total sales of stocks
today were 246.700 shares. including: Atchi-
son preferred, $3.50; c. & O., AIS; c. B. &
4540: NJ X. & II. preferred. BIS; n Y. c.,
6111: Northern Pacific preferred 9.235;
Rock Island. 1895; st, Paul, IS 499; Union
Pacific. $3.50; Bay State Gas, AGO; Chi
cago Gas, 16,015; Sugar, Is, 701; Chicago
UYactarr1 S0n
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
MARKET STRONG
BOND DEALINGS.

Dealings in railroad bonds We're not
large but the tone was firm, with the ex-
ception of the Kansas Pacific bonds
above noted. Total sales, Sl,l50,0O0.
u. g. new IS We're advanced Is bid.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-10-27
Silver In London.
Boston Wool Market.

,uduu, Oct. 26.-consois. III 7-16. Sill
2Tlkd
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1897-01-14

When in Congress, 1 endeavored to Sc
cure the passage Of a law which would
place small tax upon national bank
deposits for the purpose of raising fund
to guarantee depositors against loss.
The bill was opposed at the timeon the
ground that the strong banks would
haYe no advantage over the newly es;
tabllshed ones, il all the depositOIs
were protected from losses.
"While this argument is based upon
the theory that the interests of the
large banks are more to be considered
than the interests Of the small ones, It
has been sufficient thus far to prevent
legislation needed for the protection Of
the depositors. / suggest that it pos.
Sible to apply this principle to the state
banks in the states where the silver
forces have control. A small tax col
leCted according to deposits, until a
sufficient fund is raised, would encour-
age the deposit of money in banks and
discourage boarding. Under such a
system depositOrs could be paid at once
out OF the guarantee fund and the bus
mess of the community would not be
embarrassed as it is now, when every
bank failure ties up a lot of money and
brings business to a standslill. II
state banks were thus made secure, ma
tiOnal banks would be compelled to join
in securing similar protection for their
depOsltors or suffer the consequences"
With such words from the foremost
man of America. in the reform forces,
it seems as if our legislature should at
least give this matter careful cOnsid-
Grafton,
Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1897-01-14

THE news comes that the Pacific
railroad funding bill was killed in the
House on a test vote, and IL will be
hailed az the first good deed done BY
the republican House. The bill would
have virtually continued the existing
conditions of the Pacific debt, which
amounts to nothing so far as the gov
eminent is concerned, except the priv
ilege of paying the interest on the
bonds. with almost no returns from the
railroad. However, there was one
very fair substitute which was also
voted down, and everything is at sea so
far as any immediate legislation is con-
cerned,