davidaulloa/AmericanStories huggingface dataset:
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

he has certain deferred payments COM
ing in the first of the month.
Thus the endless chain: D. will have
to wait for his money indefinitely be-
cause A, who owes money to b.,
and B. to c., will not
pay up so that c., DIS debtor, can
pay D. The we'll known principle OF
the physical world, that with each
transformation of energy from high
err to lower form the amount avail
able for work becomes less and less,
can be applied here. The more pay
ments that are withheld, the longer
payments are deferred and the money
is kept out of circulation, the greater
the drain on the community.
Everyone will admit that the evil in
this city is great one, and that the
introduction of system of cash or
short time business in every line OF
trade would help Ell Paso wonderfully.
There are seve. al ways in which this
very desirable end might be accom-
plished. We give the following for
what it is worth: At Cald we'll, Texas,
nearly every merchant has signed an
agreement not to do any credit business
between now and January 1, after
which they will be at liberty to sell on
credit again. This is done as test to
see how 1t will work.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11
THE ABUSE OF CREDIT.

If there is one drawback to the
fullest enjoyment in this town OF the
business activity that 10 90 noticeable
all over the country, it Is the curse OF
deferred payments. Talk to any
merchant, large or small, and get him
to tell about the course of his business.
In most cases he will say that business
Is very good and increasing. He will
saw that the town is growing, and that
the merchants are sure to reap much
of the benefit that comes from this
great and steady growth. Ask him II
he is making money, and the reply is
quite different. He will shrug his
shoulders, and his answer Is not so
reassuring. What is the trouble?
There is lots of business, but few seem
very sure that they are making money.
Business, simply stated, consists OF
barter or exchange Of goods for goods.
Civilization has introduced the device
of money, which does not fulfil it's funo-
lions IL it be boarded, or II 1t lie idle,
or in any way unless it is in circulation.
Credit, to go further, has been intro
duced as Q convenience, simply because,
In the nature OF modern business, the
inflow and .outgo of money In mercan-
tile business is not regular like the
transactions of q bank. On the contra
~, payments and receipts are generally
irregular, and at any rate the monthly
and weekly periods are sharply defn-
ed. Large stocks of goods must be
bought and carried, large fixed pay
ments must be met at regular intervals,
while returns are intermittent and
hard to estimate In advance. All these
Things necessitate the use of credit.
But the abuse of credit is not q con-
venienoe but a curse. The abuse of
credit means q heavy drain on both
seller and buyer. See how 1t works
right here In this town. The merchant
puts q good round price on his goods
because he knows he will have to wait
for his money. He must include in his
price not only first cost, handling ex::
penses, and profit, but also enough to
pay interest, always usurious, upon
the money he has invested In the goods
which he has loaned-not sold, in the
true sense-to his customer.
The customer gets in the habit of
buying on credit, and when he orders
goods he has In most cases not the re-
hottest intention Of paying for them
until he has to. He is inclined to
think that he is doing the merchant q
favor when he condescends to buy
anything from him, and he is often Of
Tended sorely il he is asked to settle his
account. He pleads inability because
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11
The Crisis In North Carolina

The Crisis In North Carolina.
Richmond Times.
The specials which we have printed
from our staff correspondent at Will
mington, N. O., reveal q most deplor-
able and most alarming state of af-
fairs, and the surprise to us Ia that the
whites have for SO long time endured
1t.
The whole community is negro-rid-
den. The mayor of the city is appoint
ed by the fusion governor, as also an
equal number of the board of alder
men. In a wealthy city where the
the management of their fiscal affairs
has been put in the hands of negroes,
or men elected to Office by negro votes,
and that sort of thing cannot endure
for long in any southern community.
If the white men of Wilmington are
not able to meet the emergency, they
can have help from any state in the
south at q moments notice.
Readers of the Times will bear US out
in the statement that this paper has al
ways stood for law and order. We do
not believe in mob law. We do not
believe in lynching. We do not be-
are emergencies every now and then
which the existing law may not meet,
and then necessity Is law.
We believe that such an emergency
arose in Danville in 1888, when that
brave little city was negro-ridden. 1t
was necessary that there should be q
supreme test between the whites and
the blacks. Things had gone from
bad to worse, and the time came
when the question of white rule or
negro rule had to be determined. The
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11
ADVERTISING RATES.

Rates of advertising In the Daily or Weekly
HERALD will be made known upon applfca-
,ion mt the business Office. Those who pre-
fer can have a representative of the business
departments call upon them, who will quote
prices and make contracts for space. Gall
telephone No. 115-
Classified Advertisements or locals, ten
lo)cents per line for first insertion and five
81 cents for each additional insertion.
Special rates upon five hundred 900 or one
thousand QOOO) lines of local, to be used In
one month, will be furnished upon applica-
ton.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

A BURGLAR in the city of Buffalo
robbed house in broad daylight and
then carried of the watch dog that
had been set to guard the property.
Wouldn't that fellow be q useful
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

A WHOLE Minnesota regiment ran
for the legislature on their war rec
ords. They boosted of their honorable
scars. Upon investigation it turned
out that the only scars they had were
those resulting from the compulsory
vaccination they had to undergo.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

A NEW YORK girl had a man arrest
ed because she kissed me six times
and then stopped" The magistrate,
on the ground that the man was a fool
to stop, fined the heartless wretch.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

THE election in many states was SO
close that the vote of the soldiers, in
camp, in Cuba, in Honolulu and the
Philippines, may change the result
materially.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

PHILADELPHIA held a peace jubilee
Truly, the war must be over. VIII
does Spain procrastinate?
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

AS SOON as the gas company finds
out that you are using gas stove, the
meter gets delirious and gas is worth
more than its weight in gold.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11
BY CARRIER.

The Daily HERALD is delivered by carrier
n Ell Paso, Texas Juarez, Mexico. and at the
Ell .Paso smelling works. at fifteen cents d5cI
per week, or sixty cents (6oc) per month.
Subscribers failing to get the HERALD re-
gularly or promptly should call at the office
or telephone No. IFS. All complaints will re-
ceive prompt attention.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

A MAN was assassinated at q New
York flower show the other night be-
cause he referred to the chrysanthe-
NUNS as cold slaw. Served him right.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

ROOSEVELT will be closely watched
as presidential possibility.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

CONTINUED on Seventh Page
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11

Entered at the p Nstoffice at Ell Paso, Texas
for transmission through the mails at second
class rates.
El Paso daily herald. (El Paso, Tex.) 1881-1901, 1898-11-11


Southern and Texas Pacific routes
Bee.
Mr.. w. G. Baker of this city, who
this season is buying cotton in Bren-
ham, was in the city this morning, says
Corsicana dispatch to the Dallas
News, and in conversation with The
News correspondent stated that to-
bacco culture was interesting the Ger
man farmers in Washington county,
and that arrangements were being
made to put in considerable acreage
next season. "One farmer conversed
with" said Mr.. Baker, ''stated to me
that he intended to put in twenty
acres in tobacco next season, he hav-
ing already secured the seed
of the finest Cuban variety and that he
had secured the services of q Cuban ex-
perienced in tobacco culture on the
island to superintend the crop. This
is not the only man who will put in to
bacco in Washington county, but prob.
ably no others will devote so large an
acreage to the plant as the one have
referred to. 1t is claimed that all con-
ditions in Washington county are fav-
orable to tobacco, and those who will
engage in 1t believe the returns from
the crop will be better than cotton will
give.
The daily morning journal and courier., 1898-12-13
NORTH HAVEN.

Dec. 13-The Woman's Christian Temperance union will meet with Mrs. F. c. Bradley in her home on Wednes- day afternoon at o'clock.
 The church prayer meeting will be omitted this week and a meeting in the interest of the Mt. Carmel home hell on that evening, Wednesday, December IA, in the Congregational church.
 On Sunday evening F. c. Bradley was chosen delegate to the church council in Madison.
 Mrs Thomas Barnes writes from Par adise, Cal, of a fearful sand storm of a day and night, the worst one in seven years. Mrs. Barnes thinks she would prefer snow. We agree with her.
 New Haven County Pomona grange will hold a special session on the last Thursday in January for the installa- tion of officers. The meeting will prob ably be held in North Haven.
 Several from the Congregational church attended service at St. Johns church last Sunday morning to heal the Rev. MT. Parsons of New Haven church MT. Parsons is grandson of the late Prof. William Ives, formerly of North Haven, and son of Profes- sor F. A. Parsons of New Ha- ven. Among those who went were MT. and Mrs. F. H. Todd Mrs Todd is a cousin of the ministers mother Mrs c. w. Turner, an inti- mate friend of Mrs. Parsons, was also among those who went.
 w. M. Stevens accepted the position as superintendent of the Congregation al Sunday school last Sunday and will be inducted into office the first Sunday in January.
The daily morning journal and courier., 1898-12-13

WATER COLOR PICTURES. A choice and valuable collection by artists of the highest standing, at
 CUTLER'S ART STORE.
The daily morning journal and courier., 1898-12-13
EtmaMca,.
------------'-----
 The Stock Market,

New York. Dec. 12-Stocks made very material progress to-day in the present upward movement and left off buoyant with advances in standard stocks rang ing from 1 to 3 points, while this rise was exceeded in many less prominent issues, notably Pullman. Third Avenue and Edison Illuminating. The transac- tions for the day in stocks and bonds were on an enormous scale, immense blocks of securities changing hands at rising figures. Early quarters were strong in sympathy with London where there was a scramble for stocks even after the closing there for the new ac- count which opens tomorrow. Commits sion houses were in receipt of many or ders to buy at the market and the vol ume of this offset frequent efforts to depress values. Reports of traffic earn ings for the first week in December were almost uniformly favorable as were several belated November state ments of gross earnings. An incident exerting a favorable effect was the re- ceipt of over three millions in gold from France and London. The immense de- mand for bonds in which the transac- tions to-day reached over sS.000,000 ex- erted favorable Influence in stocks, as did a tendency to discount January div idend disbursements. Atchison pfd. on transactions of 150,000 shares, went up 3 3S. Heavy purchases were made by brokers identified with prominent inter- ests active in other properties. The drift of speculative activity in the grangers was interpreted favorably. High priced investment stocks like the grangers 'pfd., Great Northern pfd., Pullman, New Haven and Hartford and Albany & Susquehanna rose sharply. Excepting Sugar the irdustrials ten1ed upward, New York Centrals price crossed that of Pennsylvania. The coal conspicuous for advances. General Electric responded to reports of sales of 1 it's product abroad. The Pacific's were strong with the rest of tho market, Northern Pacific overcoming the early heaviness due to the reports that the company favored extensions into Ore gon Navigation company's territory. | The market for bonds was one of the strongest and most active of the year, there being many advances of a point | or more. A renewal of foreign buying on a considerable scale was noticeable Atchison issues expanded, and a great many other noteworthy gains were chronicled in leading mortgages.
 l Total sealea $S,460,000
 U. s. new fours, the old fours' coupon and the lives registered advanced Is in i the bid price.
 AEU FORK STOCK TiERKT.
The daily morning journal and courier., 1898-12-13

Active Quotations of Bonds. Reported by Boody. Mcclellan & Co.,, Bankers and Brokers. 57 Broadway. New York, and 87 Orange Street, New Haven.
 Rid Asked
The daily morning journal and courier., 1898-12-13
SAYS ONE BOARD IS ENOUGH
MA TOR Fd TORS PROPOSED AMEND
 MENT TO CITY CHARTER.

Would Have Only Board of Nineteen Aldermcn-DisapprOv of Time ser- vice Pensions Thinks Present Charter Is Working We'll.
The daily morning journal and courier., 1898-12-13
cT1TLER,s ART STORE.


 This store which for many years has been conspicuous for the display of art goods that appeal to the taste of in- telligent people and to the purses of both the well to do and those of more moderate means, is this season unusu- ally attractive to all who wish to select holiday presents. No enumeration of goods in a flaming advertisement will give an adequate idea of the resources of this store. The collection must be seen to be appreciated, and cordial in- vitation is hereby extended to the pub lie to visit us freely and frequently and compare our stock with those that may be seen elsewhere. Remembering that aside from our large and choice collec- tion of pictures we keep cut glass, hne China choice colored glass, lamps, most artistic plaster statuary and many other lines that will repay inspection. our store will be open evenings till Christ mas. EVARTS CUTLER CO,
 S27 Chapel street.
The daily morning journal and courier., 1898-12-13
AAW FORK STOCK MAEKKr.

Opening, Highest, Lowest Quotations On the New York Stock Exchange, reported by Prince & Whitely, Brokers, 15 Center
 street, New Haven
The daily morning journal and courier., 1898-12-13
ANNUAL MEETING
OfEccIesiasticalS Society ofDyight Place
 Church.


 The regular annual meeting of the ecclesiastical society of Dwight Place church was held in the Sunday school rooms of the church last night. The most important business transacted was the election of the society's com mittee as follows: D. A. Blakeslee, F. H. Belden, w. H. Elliott, Willis Camp bell, F. s. Andrew, D. H. Barnum, F. M. Ward, w. l.. Mix, and D. A. Alden. Heretofore the society's committee has been composed of seventeen members. F. H. Belden was elected treasurer, and F. c. Lum clerk Three tithing men were elected, F. Thompson, W. A. Ward and A. N. Beebe. A vote of thanks was rendered to E. Fl. Sperry for the splendid and capable manner in which he had performed the duties of chairman of the society's committee for the past eleven years. It was also voted to place the matter of fixing the salary of the pastor of the church in the hands of the society's committee. By motion it was decided to pay the Sum- day school $500 during the coming x,o T. It was incidentally stated that committee appointed to secure a rew pastor have received over sixty ap- plicationS.
The daily morning journal and courier., 1898-12-13

Continued on Eighth Page.)
The daily morning journal and courier., 1898-12-13

At, Top. X s. Fe gen 2 4s... 99A 99h At, Top. x s.. Fe adj. gen 4s. 711a 7s
 Brooklyn El. Tr. Go. cts 6s... 93M 941a Brooklyn Rapid IT, Co. z 5s. 10GN 10eN Central Ky of N J. g mtg 5s. .11S1a 1141a Chic, k. l. & Pacific ext 5s. .1Q61a 106A Chesa. x Ohio gen g 414s. ...... 90A 901a Erie 1st Con. prior lien g 4s.... 931a 94
 Manhattan Ry Con. mtg 4s... 96A 96% Mo. Kan. X Texas 1st mtg As 90A 907a Mo, Kan. X Texas 2d mtg 2 As 66 661@ Mobile X Ohio gen mtg As. S3 S3R N. Y, Ont X West. gen mtg 4s 104A 10414 N. r., Sus. X West gen mtg 5s 95 95lA Nor. Pacific prior gen mtg 5s. .102A 102A Northern Pacific gen lien g 3s.. 69M 69l2 oregon Short Line Con. 5s. .... .110 ...
 Phlla X Reading gen mtg 4s... SC s6A Rio Gr X West. 1st mtg 4s.... 91 911a Southern Ky list. Con, E 5s, .105 105A St. Louis X Southw 1st mtg 5s S4,A S5
 Texas < Pacific 1st mtg 5s. ... .10S 109
 Union Pacific 4s .............. .102A 103
 Wabash Ky Co. 1st mtg 2 5s.. .113 IA
 Wabash Ry Co.,, 2d mtg 5s.... 941a 95
The daily morning journal and courier., 1898-12-13
FIRE AT NEW BRITAIN.

New Britain, Dec. 12-The old home e+ead of Philip Seibert, in Beckle quarters, was burned to the ground about 9 o'clock last night. Since Sci bert built his new house the old one has bsen used fer barn purposes. The structure contained about ten tons of hay and considerable farming machin- ery. Some of the latter was saved, but the hay was destroyed. Loss about $500.
The daily morning journal and courier., 1898-12-13

Would Have Only n Board of Nineteen
 Aidermen-DisapprO of Time ser- vice Pensions Thinks Present Charter Is Working We'll.
 Mayor Farnsworth made an address last evening in Pyramid hall before Pyramid lodge, A. o. U. w., on "Mu- nicipal Reform" In the course of his address the mayor reviewed at some length the workings of the various de- partments of the present city govern ment. On the whole he thought that then new charter is working we'll and this fact is shown because there has been but one important amendment suggest ed, namely, that of having but one board in the common council. This change the mayor thinks would be a good one and in the line of good busi- ness management. Under the present two board system measures are apt to be lost sight of in the pigeon holes of the various committees of the two boards. He thought that it was as fool fsh for the city to have two boards in the common council as it would be for the Consolidated railroad or the South ern New England Telephone company to have two boards of directors. Any business company managed by two boards of directors would soon find it. self bankrupt. He thought that the one board, if it was decided to have but one board should consist Of an alder man elected from each ward and four aldermen elected at large, nineteen in all.
 Of the twenty or more committees of the common council only five or six are of any special worth or transact any business. He praised the hard work of the board of finance and said, al- thought most of it's members serve without pay, that the board had never failed to secure a quorum at any of the seventy-six meetings which had been held the past year. Relative to the present tax rate, he thought it could be maintained in coming years inasmuch ss the equalization of tax assessments now being made on taxable property would increase the grand list of the city in the coming years.
 He said he was unalterably opposed to time of service pensions and thought it an imposition on any man who has to work for his living. By means of it men are often retired off on half pay while men not so fit for duty are put in the places made vacant. He thought that the new police board made some good changes and had dropped from the force some men who ought to have been dropped long ago.
 He also praised the department ot public works and charities and correc- tions and the board of education.
The daily morning journal and courier., 1898-12-13
nON,T RE DECEIVED.

From time to time there are fake sell CTS of pictures going about town offer ing pictures for sale, representing that they are agents for, or endorsed by Evarts Cutler Co. All such persons are frauds and their goods are of fraudu- lent character.
 EVARTs CUTLER co.
The daily morning journal and courier., 1898-12-13
Cover. meat HontIp,
Chicagn Market.

Reported over private wiro by II. c. Friedman & Co.,. Gankers and Brokers, 10 Wau Street, N. l.. and 763 Chapel Street, Room ? and B. New Haven. N. A. Tanner. Manager of Local Branch.
 Opening Highest Lowest Cloae
The daily morning journal and courier., 1898-12-13
',---,--------7--- WIIE AN.
Now Yorls cotton Exchr

New York Cotton Exchange. Reported over private wire by i. c. Fried. man X Co.,. bankers and brokers, 10 Wall Street. N. r., and t63 Chapel Street, New Haven. N. A. Tanner, manager local fanI
The daily morning journal and courier., 1898-12-13
FTND prcTrTRE FRAMING.

FINE PICTURE FRAMING. The most artistic designs, the best material, the post perfect work and the most reasonable prices at
 CUTLER'S ART STORE.
La correspondencia de Puerto Rico. (San Juan, P.R.) 1890-1943, 1898-05-14
Sc VENOEN

Dos her1nosas fncas, una de cafe de 200
cuerdas de terreno mas 6 menos, con cuarenta
de aquelfruto, entire nuevo de cosecho, pro-
duciendo actualmente 125 fanegas, pudiendose1n-
brarse mas producer mas, con la misma plan
taci6n CUE hoy posee tiene dos casas una de 20
varas cobij jada de zinc, dos maquinas de mano,
secadoras todo 10 de mas necesarlo para Ia
recollection acondicionamiento del fruto. La
otra de 800 cuerdas, llar1ada Mango, con mag
nificas vegas donde Sc cosecha de los mejores
tabacos de Puerto Rico, seg1n esta va acredi
tado, propas tambien para cana de azucar y
toda clase de frutos del pals, inclusO pasto ma
logillo Y buenos cercados para la crianza de ga
nado tiene ademas magGlfica vivenda,
con bajos para tienda, horno de pan, pesebre, va
rios alnacenes y ranches para la recollection
de frutos. E5ta situada en- ell camino que con-
duce GALES, Ia crcunda ell rio su mayor par
te la atravesara la carretera, que hasta aquel
pueblo Sc estia construyendo actualmente, 10
cual le dara mayor inportancia, toda vez que
Sc podra colnunicar con ambos pueblos, sin
dear ning1n paso de rio y el puente que sobre
este Sc ha de cOlOcar va en- la fnca. Es buen
punto de tienda tai garantiza, pues
esta situada Ell canno c6ntrico. A,nbas tincas
estan media hOra de esta pOblaci6n y Sc ven
den juntas por estar colindantes. En- elias podra
Ell comprador emplear todos sus gustos aticio-
nes de agrcultor, pues producen toda clase de
frutos del pals, sea de naestra riqueZa agrico-
la Para informes dirigirse a D. Juan d.
Antonio Simo. Manati.