davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1899-05-07

DANGER or RECKLESS SPECULATION.
The return Of uncNampled prosperity
has brought i'm its train tidal wave of
reckless speculation that If unchecked
will threaten the country with disaster
Every student Of economic history con-
ccdes that the financial cyclones that
have swept this and other countries
have had their origin in over-capitaliza-
tion, stock watering and unbridlcd spec
ulatioG. This was as true of the crash
of 1851 and the panic of 1913 as 1t was
Of the collapse of 1898. Each Of these
financial cloudbursts was preceded by
wildcat banking, stock jobbing and real
estate booming, with their ruinous con-
sequences.
But the fortune-makers and fortune
breakers of the seventies ana eighties
are being eclipsed by the sky
scraping schemes and ballooniug
operations of 1899. Instead of
promoting projects involving the
investment of few hundred thou.
sand dollars, the modern promoters
touch nothing short of the millions.
Scarcely n day passes that does not
chronicle the organization of new com.
bin2s or syndicates proposing TO float
stocks and bonds running all the way
from S5,OOO,OO0 to S5O,OOO,0J0. Sccurl-
ties representing inventions that have
scarcely been tested are thrown upon
the market and franchises with no
proved earning capacity are capitalized
at figures that overshadow the national
debts of many Of the smaller countries.
The fact that railway earnings have
enormously increased in volume has
sent their watered stocks sky high and
the impetus has been communicated to
other securities with less basis for in
veStment value.
This era of boundless imitation calls
for thoughtful attention. Prudent bus
mess men cannot but deplore the alb
normal activity on the stock exchanges
which can be viewed only as symptoms
of eventual disturbance, If not the fore
runners of disaster. This does not nee
essarily imply that the prosperity due
to bountiful harvests and heavy exports
of American factory products will be
transitory nor does it foreshadow any
material shrinkage in property values
1t is simply dangerous manifestation
tent with reasonable profits but seeks
to amass millions by trading in fcti-
tious futures.
Omaha daily bee., 1899-05-07
Personal AND OTHERWISE.

Okum Snivvy and Charley Pfnipney are
business hustlers at Lake Wa-Wa, Wis,
| and have succeeded in living down their
inheritance.
The movement for phonetic spelling in
Chicago smacks of treason. 1t is contraction
in disguise. Awake, imperialists, and smite
it in the solar plexus.
A judicial Solomon at Brooklyn opines
that husband is not justified in thrashing
his wife because she visits his mother in
law. Divorce granted.
The gaety of the nation is substantially
increased by the assumption that Atkinson's s
pamphlets might provoke Admiral Dewey
and General Otis to mutiny.
The price of gas in New York City has
tumbled from $l.10 to 60 cents. The quality
OF gas New York is furnishing the country
gratis is dear even at that price.
Schlatter, the divine healer" who pre-
tends to be the real article from Denver,
is disgusted with Boston. The Hub would
not heel" him or take him seriously.
Mssourians are tickled exceedingly by the
decision of the court of appeals that a trust
cannot collect a debt in that state 1t beats
bankruptcy court in getting rid of pressing
obligations.
Havana appreciates the blessings of civ
ilization sufficiently to indulge in riot
over the decisions of a base ball umpire.
But the Cubans have not reached the stand
ard of Birmingham, Ala, where an UNI
pire was clubbed to death last Monday.
The fool killer occasionally bestirs himself
and gets in his work At Niles, Mlcu., the
other day man who was buried in bright
red coffin left this inscription for his head
stone: Here lies the body of William
Decker, who always paid 100 cents on the
dollar"
Miss Julia Dent Grant, daughter of Brlga-
der General Fred d. Grant, is engaged to
marry Prince Cantacu2ine of Russia whom
she met at Rome some time ago. The ex-
perience of another member of the Grant
family in going abroad for husband has
no bearing in this instance. prince can
do 40 wrong-in theory.
In his instructions to the grand iury re-
specting gambling Louisville Judge said.
Il want you to make no distinction between
church lotteries conducted for charitable
purposes and the lottery man who is out
| for the money there is in it," As the IL
| lusive oyster has retired for the season pro-
| moters Of church fairs in Louisville are
| reasonably safe.
Omaha daily bee., 1899-05-07
TREND OF CUBAN AFFAIRS.

Buffalo Express: General Brooke has for
bidden the importation of firearms into
Cuba, and La Lucha sensibly remarks that
the Cubans need plows, not guns. The
settlement Of affairs in Cuba will be easy
when the idle population makes up its mind
to go TO work.
Detroit Journal: The Cubans have at last
secured-or the United States authorities
have for them-cbanges in the criminal law
OF the island Hereafter IL will not be
possible for judge to deny a prisoner the
privilege of seeing his friends at once after
his arrest, and he can be brought into court
on a writ Of habeas corpus, as in this coun-
try The change should have been made
long ago.
Philadelphia Record Some protestatons
have been made in Havana against the order
of Collector of Customs Bliss forbidding the
importation into that city of firearms; but
the Havana newspaper La Lucha C"The
LightD, whose name reflects the cearness
OF It's common sense, presented an un-
answerable argument in favor OF the pro-
hibitiye order when 1t declared: "We
need plows, not guns!"
Boston Globe: At first 1t looked as Il
Cuba might be fatally stranded in the line
OF sugar export through the close compe.
tltion of other sections. But II the better,
ment already begun continues she will no
be long in fully recuperating, her norma
tobacco crop being in itself fortune. The
late war already begins to look like a bless
ing, alike TO us and the Cubans, and tn,
latter are growing more and more pro
| nounced in this view OF things.
Omaha daily bee., 1899-05-07

Favorite Prescription is designed for the
one purpose of curing all diseases, or dis
orders OF the feminine system, except can
GER 1t stops debilitating drains, soothes
inflammation, promotes regularity of the
monthly function and puts the whole fe.
male organism into state of strong, vig-
orous health.
Taken during the period of CESSATION il
Tobs Childbirth of its pain and danger
Over $1,000 grateful women have written
OF the wonderful help of the "Favorite Pre-
seription." Among others Mrs. Cordelia
Henson, of Coalton, Boyd Co., KY, writes
" In October 1889 gave birth TO a baby and
the treatment received at the hands of the mid
wile lett me with pvolapsus. | had no health to
speak OF Tor three years had another baby
which was the third child My heafth began 10
IAN and then had three miscarriages aud found
myself completely worn out had so mauy
pains and aches my life was burden 10 me
and also to all tho family, for was nervous and
cross and could uot sleep Had four doctors.
They said l had liver, lung md uterine
trouble was in bed for months and when I
aia get up, was q sight to behold / looked
iike corpse walking about. commenced tak-
ing Dr. Fieroe's Favorite Prescription and in a
few weeks / became a well woman. Before 1
began the use Of DR.. PieTces medicine suf-
ieTed all woman could suffer at my monthly
periods, but now / have no pain The dark
circles around my eyes are gone and feel better
in every way My cheeks are red and my face is
"hi'ei before my face was as yellow as sadroa.a
Omaha daily bee., 1899-05-07
CRY OF THE DREAMER.
John Boyle O'Reilly.

I am tired of planning and toiling
In the crowded hives of men:
Heart-weary of building and spelling
And spelling and building again,
And | long for the dear old river
Where ! dreamed my youth away
For dreamer lives forever,
And a toller dies in a day.
/ am sick of the SNOWY seeming
OF a life that is ha,f a lie,
OF the faces lined with scheming
In the throng that hurres by.
From the sleepless thoughts endeavor
| would go where the children play
For a dreamer lives forever,
And a thinker dies in a day.
/ can feel no pride, but pity
Far the burdens the rich endure:
There is nothing sweet in the city
But the patient lives of the poor.
Oh. the little hands too skillful,
And the child-mind Choked with weeds
The daughters heart grown wi.lful,
And the fathers heart that bleeds
No, no: from the streets S rude hustle,
From trophies from mart and stage,
] would fly to the woods low rustic
And the meadows kindly page.
Let us dream as of yore by the river,
And be loved for the dream alway-
Fo" the dreamer lives forever,
But the toiler dies in a day.
Omaha daily bee., 1899-05-07
their people. Thcra is nothing in the
public record of President Mckinley to
warrant such apprehension.
4 SPECLAL SESSION OF CONGRESS.

4 Special SESSION or CONGRESS-.
President Mckinley and his cabinet
are discussing the question whether
congress should be convened in special
session before the regular time for ITS
assembling in December. 1t is urged
that many important problems must be
solved by the coming congress which
require action at the earliest possible
moment. Foremost among these is the
determination of the policy to be pur-
sued with regard to our new posses.
sions, while EeXt in Importance comes
legislation to meet the demands of the
treasury, arising out of the extraordi-
nary expenses incident to our military
and naval operations.
Whether the United States shall or
shall not enter upon diStinctivcly co.
lonial policy modelled after European
colonial establishments can be decided
only by congress. Assuming that the
Filipinos will within a short time he
forced to submit to American military
authority, it becomes a serious question
what their future relations to the gov
ernmcnt of the United States shall be.
Are they to be treated as citizens of
II territory acquired by purchase, the
same as that acquired from Mexico or
are they to be treated as subjects with
out any voice or hope of voice in their
own government? Are they to he given
Il government like that proposed for
Hawaii by the Cullom commission, in
which color and race lines are drawn,
or are all to be denied participation
regardless of color or other conditions?
The sooner these questions are met
and answered the sooner will tran
quillity be restored both in the Philip
pines and in the United States. The
sooner the policy of the government
with regard to its tropical possessions
is defined the better for all concerned.
The opponents of special session of
congress appear to have no argument
to advance except their fear that the
commercial interests of the country may
suffer from the usual disturbance and
uncertainty that always accompany in
greater or lesser degree every session
of the national legislature. This argu-
ment should have no weight with the
president or his advisers.
There is no danger that congress will
do anything rash to jeopardZe the bust
ness interests. On the contrary, the
enunciation by the president and con-
gress of a policy designed to meet the
eXigencies of the case confronting them
will go far to settle business uncertainty
and make legitimate business more sta
bic. rational policy that would guar
antee to the Filipinos independence as
soon as they demonstrate their capacity
for government with all its respon-
sibilities toward other nations would
moreover remove the Filipino question
out of the domain of political contention
and force the opponents of the re-
publican administration to find some
other issue upon which to fight out the
battle of 1900.
Omaha daily bee., 1899-05-07

Philadelphia Bulletin: Jones got broke
of walking in his s.eep'
His wife made him carry the baby"
indianapolis Journal: "I hardly know"
said the Cornfed Philosopher whether it
be better for a man to remain single and
disappoint several women for time or
| marry and disappoint one woman for life"
Detroit Journals: 1t is doubtful II man
ever strictly. makes a good husband;
man merely furnishes the raw material for
a GOOD husband.
Somerville Journal: Jggers-There goes
a man that always envy.
Jaggers-Why so?
Jiggers-He proposed to my wife once
Philadelphia North American: 'Do you
know that you talk in your sleep, Henry?"
well, do you begrudge me those few
words, also?" he snapped back.
Cleveland Plain Dealer: "Yes, that's the
br!da."
Very young isn't she?"
Nineteen, | believe"
who are those middle-aged women with
her?"
,"Those are her unmarried sisters. She's
chaperoning them"
Chicago Post: He quoted the old chest
., In the spring a young mans fancy
lightly turns to thoughts of love" he said.
She sighed and shook her head.
That's the trouble" she replied. "They
turn lightly instead of seriously"
For she was a girl who had been through
several spring engagements.
Harper's Bazaar: Now 1 propose" be-
gan Mr. Dnkey.
He was interrupted at this point by his
auditor, Miss Beacon of Boston, who spoke
substantially as follows:
Mr.. Dnkey, accuracy of language de-
mands an explanation at this point Do
you the word propose as a synonym
of purpose or in its matrimonial sense?"
Later developments showed that Mr..
Dinkey used the word in its matrimonial
sense.
Omaha daily bee., 1899-05-07

These show that until 1896 there was an
increase OF the mortgage debt, though the
bulk of the new mortgages filed were in
1892 and 1898. In 1896 there was an excess
of $4,000 900 in releases over the new mort
cages filed; in 1897 there was $1,000, 600 en-
cess, and last year there was S6,O0O,OoO In
other words the excess of payments over
the evidences Of debt was $l5000,000 in
three years This in a state which has been
so much affected by agricultural depression
is most gratifying exhibit.
There IS one observation to be made as
to farm mortgages that perhaps has never
occurred to the general reader. A vast
amount OF sympathy has been lavished
upon the debt-oppressed farmer until 1t has
come to pass that n man VINO owed money
secured by a land lien was regarded as a
victim of the hard hearted money power.
As a matter of fact, the farm mortgage is
the representative of the most satisfactory
and least burdensome of all debts, since II
stands for the acquisition of real property
and productive property. In most cases
mortgages are given in lieu of the payment
of the purchase money on land or else in
order to buy stock and tools so that money
can be made on the farm. The giver OF the
mortgage is thus usually in far better
fix than the man who has gone in debt foI
articles OF necessity or luxury which h
has bought or consumed. The land or the
stock or the other property to secure the
payment for which the mortgage was giver
still remain in the farmers possession
though it may be deprecated in value. Blu
for the mortgage, the farmer might neyel
have been the owner of the land, and tht
feeling that he may acquire after years o
peaceful propretorship that the mortgage il
| unjust and oppressive is unwarranted.
Omaha daily bee., 1899-05-07
CIVIL SERVICE IN DEPENDENCIES

CIVIL SERVICE IN DEPENDENCIES.
There is more or less apprehension
that when military government in our
dependencies shall give place to civil
administration the opportunity of the
spoils-seeking politicians will have come
and that incapable and dishonest men
will be given trusts which they will
abuse to the discredt of the govern
ment and the injury of the people whose
this fear that induced the civil service
commission to incorporate in its annual
report suggestions as to the policy that
should be observed in appointing Of
ticialS for the dependencies.
The commission says that Americans
sent to govern colonies should be Sc
lected because of special fitness; that
the officers charged with the collection
of revenue, both internal and customs.
be appointed to such positions after
faithful and satisfactory service in
minor grades; that the clerkships in
the customs and other services be filled
by open competitive examination and
that persons in the colonial service be
prohibited from engaging in business
enterprises in the colonies.
These are unquestlonably sound rec
concentrations and it is safe to assume
that they are quite in accord with the
purpose of the administra ton. prcsi-
dent Mckinley there is the best possible
reason in his record to believe, intends
to appoint to civil positions in the new
territory the best men he can secure.
We confidently believe that he will eX-
ercse in this matter the utmost care
selecting only men of approved char
acter and qualifications No one can
appreciate more fully than he the duty
of doing this. No one can desire more
earnestly than he that the adminlstra
| ton of affairs in the dependencies shall
be capable and honest, for if it IL no
the discredit will fall upon him. 1t /,
! quite possible, of course, that there vii
be some politicians lind their way into
! this saryice-men who Lhay fall shor
in the performance of duty and violate
! the confidence reposed in them. Per
! haps this is unavoidable, but we do no
think there is any good reason 10 feal
that the civil service in the depeIden
cies will be given over to the spoils
seekers and opportunity afforded inca
pable and dishonest men TO prey upol
Omaha daily bee., 1899-05-07
wrsrrnN MnN As SOLDIERS.
their Courage, Adnptabiiity and RE-
sourccfulucss.
sd. Lonls Globe- Domocrat.

St Louis Globe Democrat
A striking illustration of the general re-
sourcefulness. courage and adaptability OF
western men is found in the record Of the
past three months OF warfare in the Philip
pines. Practically all Of the volunteer
soldiers in the Philippines are western men.
All are from the sunset side OF the Alle-
ghenies except the regiment from Penn
sylvania All the rest are from the sunset
side Of the Mississippi except one regiment
from Tennessee.
in no other OF the country's wars was
an army so exclusively composed Of western
men as in this instance. Eastern men and
western men were mixed UP in all the
armies Of the union during the war of Sc
cession OF course in the Mexican war the
west was so far below the east in population
that 1t could not form any exclusive force
Of fighters in that conflict, although II con-
tributed more men than the east in proper
tion to inhabitants. At the time OF the war
OF 1912 there were only four states in the
union outside OF the Atlantic eeaboard re-
gion-Kentucky, Tennessee, Ohio and Louis
lana In that war, as in the conflict with
Mexico and in the civil struggle, the west
did great work, but in the case OF the war
in the philippines it has practically done
all the work which has been done by the
volunteers and the volunteers comprise
about three -fourths OF the force in the
islands.
There is fine tribute here to the west
orn states as nurseries of men. Practically
all of the men from the west who have been
fighting Aguinaldo have been taken from
civil life. None OF the officers of the vol
unteers, except a comparatively few, are
professional soldiers. Most OF tho volunteer
officers and all the privates have been
drawn from farms factories, or from pro-
fessional life. All of them, regular SOL
diers as well as the others, have been fight
ing under conditions which were entirely
new. They have been living In an alien
climate, have been confronted with physi-
cal circumstances which are strange, and
have had an entire environment which has
been unfriendly. Yet they have triumphed
over all these hostile conditions. The record
which the soldiers Of Macarthur, Wheaton
and Lawton have made is a triumph for
American manhood. 1t is revelation and
an Illustration Of the operation OF the social
torces which have made western men in
vincible in peace as well as in war.
Omaha daily bee., 1899-05-07
BEWARE OF THE MENDICANTS.

The recent dispatch from General
Henry denying reports of starvation
and suffering among the people of Porto
Rico and asserting that more money is
being expended among the natives for
labor every month than they have had
for years calls attention to the impend-
ing raids upon philanthropic but credu-
lous Americans by professional mendi-
cants who will beg for money to allevi-
ate exaggerated distress in our new
possessions. The impostors who appeal
to the cause of humanity to live on
public and private bounty will not over
look the opportunities which are pre-
sented to them by Cuba and Porto
Rico.
While many deserving cases of in
capacitated and helpless dependents are
to be found among the people of those
islands, the indiscriminate distribution
of charity would threaten to pauperize
the recipients permanently by making
them believe that by becoming subjects
of the United States they will be as
sured the necessities of life without
working to earn their own living.
Whatever distress really calls for allevi-
alton should be attended to through
some responsible authorities and under
the control and supervision of the Of
ficers of government
To encourage societies and individu-
ais to launch out upon the different
American communities with all sorts of
Porto Rican, Philippine or Cuban relief
schemes designed chiefly to furnish soft
berths for the solicitors and managers
or provide money for deposit with
philanthropic banks or trust companies
would be one of the greatest mistakes
that could be made.
Omaha daily bee., 1899-05-07

A report of the receiver of the failed
Lincoln bank into which State Treas
urer Meserve poured public money in
consideration of the assistance rem
dered by the bank officers in securing
his official bond shows that the assets
of the bank and notes amounting to
$37 JOG We're sold for $110.75. 1t was
supposed that after the lesson of the
BARLEY shortage state officers would
exercise some discretion in accepting
bonds of depository banks and placing
state money on deposit in places from
which it could not be withdrawn. AS
an example of the shrewd business
management exhibited in this trans
action, it may be noted that among
these worthless assets was Il note for
$1,000 signed by one of the sureties on
depository bond against which the
state has just secured Judgment. II
the other sureties held on the bond are
equally good the chances for the state
getting back any of the money farmed
out by State Treasurer Meserve to this
bank will be exceedingly slim.
Omaha daily bee., 1899-05-07

Nebraska is proud of the fact that
the First regiment has earned the con
fidcnCe of the commanding officers in
the Philippines, 1t has been bought,
however, at Il great price and every
day of the fighting over there adds to
the list of men who will either never
return to their native land in life or
will return carrying scars which will
remain as long as they live. 1t has been
stated they were to he withdrawn from
the firing line, but indications are that
the firing line is likely to disappear b.
fore they are sent to the rear.
Omaha daily bee., 1899-05-07
What tho fnsIonists need in the SIKH

What the fusionists need in the Sixth
district is the practical application OF
the principle of home rule. If the popo
cratic machine, consisting of politicians
residing in other parts of the state, is
to usurp the privilege of naming TIL
candidate for congress us the successor
of the late w. L. Greene, why so to the
expense of holding nominating convcn
tions? The way for the people of the
Sixth district to get Il representative OF
their own choosing will be to elect the
republican candidate when the time
comes.
Omaha daily bee., 1899-05-07

Emperor William has ample reason to
believe that his grandmother is not so
slow, even if she is well advanced in
years. When he attempted to foreclose
in the South Pacific the old lady stepped
in, paid off the Judgment and took pos
session by virtue of Il second mortgage.
1t is Il colder day than usually visits
the tropics when England gets left on
u land rabbing deal.