The Elbert County tribune., 1899-05-18

Ing large sum 10 depositors. II wns
discovered that much OF the paper held
ns collateral security for loans was
worthless II was also discovered thnt
much of this worthless paper had been
transferred to the Swings bank by the
Peoples National Bank. whose officers
managed both Institutions. In other
words. the dcpositors Of the Swings
bnnk Ind been deliberately skinned by
seems In n fair way TO be rightcd.
The law TO compel the railroads TO
: carry bicycles as baggage Is inopcrn-
tive. The fact wns discovered when
complaint was made TO the officers Of
the Lenguc OF American whcclmcn
that railroads nbout Cripple Greek
were disregardlng It's provisions. II
has been ON the statute books for over
two years and had been observed by
nearly every railroad In the state. The
defect is that 1t provides no penalty
for lnfractlons. II seems strange, In
vIew OF the number of legal lights who
| have looked II over. TINT the def ct was
not discovered until this late date. II
Is generally believed that most Of tho
railroads VIII continue to obey the law.
as II is for their own interest to do so.
Statements will have TO be submit
ted at once TO the State Board of
Equalization by the railroads of the
stnte IN accordance with resolution
adopted mt Wednesdays meeting. MS
| follows: 'rhe railroads OF Colorado
shall without delay return to the Board
OF Equalization an estimate OF the cost
OF reproducing their said lines of rail-
wny In their condition on the 31st of
December. 1898. bnsing such esti-
mates ON the average cost for the year
preceding OF rails. ties. labor and 9th
er elements going Into construction.
together with costs OF right of way.
1 grading. real estate for station houses,
etc" The railroads protest that their
assessments are too high when com
pared with those on real estate or any
other valuable property. the values of
which are fixed by the county assess
ors The board will. however. not walt
upon the county assessors. but will
| proceed to fix the valuations as soon
ms tho statements of the railroads are
received. The roads will also be re-
! quired to make n statement OF their
earnings and expenses for 1893.
No private postofiicc box scheme can
be worked In Denver. The postofiice
authorities have declared that II such
nn office were opened II would refuse
/ TO deliver letters to the conductors. II
Is hut n few weeks since fight oc-
| Cured between the officials OF the
postofiice in New York and the private
| letter box men and the postofiice won.
| In that city the custom has grown into
n gigantic evil. The boxes We're In the
rear OF drug stores, In stationery stores
and other places where many young
people would find their way. II was
| OF lebnucliing young people. The post.
Office inspectors were detailed TO watch
the boxes. and found NIL charges sub
stnntiatcd. The postmaster then Sc
cured n list OF NIL the places where
boxes were kept and instructed the
mail carriers not to deliver finy mail al
the places except for the proprietors
All the letters were held at hcadduai.
tiers md word sent that those claiming
them could get them by proving thelr
rights. An angry lot OF people did call
but the greater number of the letters
were left for the dead letter office. The
box proprietors appealed to the post.
master general nt Washington, and he
upheld the action of the postmaster
As result the city was purified The
Denver authorities saw an advertise.
ment OF someone who will attempt ia
put In n set of boxes here. Steps were
at once taken to get the location OF the
proposed boxes and stop the delivery
of letters.
The Colorado Fuel and Iron Com.
pany thinks 1t has found n way to
evade the new eight-hour law. Its idea
Is embodied in the following notice
Just issued TO Its employees:
Il. On and after May 10. 1880. the
| period OF employment of all persons
heretofore employed and paid by the
day. will be by the hour.
"2. Workingmen employed In under.
| ground mines or workings. or instltu-
tIons for the reduction of ores or met.
ais will be Mt liberty to work more
than eight hours per day, II they elect.
and VIII be paid for the number OF
hours of actual labor.
''3. Except In eases OF emergency.
where life or property may he In i'm
minent danger. no such worklngmen
shall be required TO labor more than
eight hours per day. A failure TO work
more than such number of hours shall
not be deemed cause justifying dis
charge from the service of the com
| pany.
~. This notice shall be the sole con
| tract OF employment for all working.
men SO far as relates 10 the period OF
employment. No superintendent or
agent shall have authority to change
or agree TO the violation OF any of the
above provisions
The smelters are considering the
eight-hour law and viii probably fol-
low the plan adopted by the Colorado
Fuel and Iron Company.
The Republican says there Is mild
| war already on between the American,
Smelling and Refining and the individ
ual smelters outside of II In the mat
ter OF securing the services of old, cx
| rerlenced employees. The resignation Of
| w W. Allen. general manager OF the
Puet-.o Smelling and Itenning Com
pany. was given out at the meeting OF
the western managers OF the new
combine early In the week, and the
fnct completely upset the program
mapped out for the local management
II was not stated why Mr.. Allen re-
signed the position which he had held
for so many years. Yesterday II crept
out thnt Mr.. Allen goes TO the Philn-
dclphia Smelling and Refining Com
pnny In n capacity similar to the one
lie now holds with the Pueblo concern
Mt n largely Increased salary. Tho
Guggenheims yesterday closed n con
tract with Mr.. Finney. head OF the ore
purchasing department of the Kansas
City Smelling and Refining Company
also OF the new smelter trust. to take
the same place with the Smelling and
Refining Company. With DR.. Malvern
w. lies. whose resignation ns chief OF
tho rpotnIIurrlenI tlcunrttueuf af tlta