The representative. [volume] (St. Paul, Minn.) 1893-1901, 1899-01-04
CIRCULATE THE DAILIES.
And Stop This Threat-Cutting BusI-
ness

Some member of the state legislature
should introduce a bill to compel every
citizen who is in debt to take at least
three copies of different Republican daily
newspapers. Those excellent organs
prove conclusively, every day, that every
body is prosperous; that there is employ
ment for all; and more money in the
country than the people would know
what to do with-if they could get at it.
Evidently the banks and the people
who are failing, and the unemployed who
are hanging themselves are doing so
under Misrepresentation of the facts,
which little sound money literature
would speedily remove.
In the name of humanity circulate the
daily papers. Let us have no more of
items like these.
Washington, Dec. 29-The comptroller of
the currency has been advised of the eail.
ure of the Colebrook National Bank at Cole
brock, N. H. Bank Examiner f. H. Car
roll has been appointed temporary receiver.
bank official says the examination of the
books, which has been in progress since
ing q period of five years. The amount Of
the shortage Is placed at $4,000 On the
date OF the last report, Dec. ], 1873, the
capital of the bank was s750O0, surplus and
undivided profits $39, 744. due to banks $16,243.
due to depositors $152O7, due for borrowed
money S21, ass. and total resources $1S4523.
New York. Dec. pa meeting Of the
creditors of Allan MacNaughton, president
of the Wool Exchange, was held today be-
fore Referee in Bankruptcy Royal S. Crane.
Nine creditors were present or were repre-
scented. Russell Sage who is creditor for
$4,000 was represented by clerk who lie
not care to prove the claim, thus saving 81
filing fee. Three claims were proved, those
of the Chemical National Bank, Hamilton
Trust Company of Brooklyn and G Gorge
Moser.
Milwaukee, Wis, Dec. 2S-Wimot Saeger.
formerly of Duluth, Mimi, but now living
in this city, filed a petition in bankruptcy
in the United States court today, placing
his debts at $104, S2450 The amount of Sc
cured claims is placed at S3S,9SS.3S, and the
unsecured at 500 49l .0o. From the statement
accompanying the secured claims 1t Is hard-
ly likely the amounts will be realized
Aberdeen. S. D., Dec. 29.-Miss Sigma Let
terstrOn attempted to commit suicide yes
terday afternoon by taking large dose OF
laudanum and only by the most active eX-
ertion by physicians for several hours was
life saved. Miss Letterstrom was local ed
itor of the Daily Star for several months
and is bright young woman. She has been
out of employment some time and no doubt
attempted suicide in fit of despondency.
Pine Island Mimi, Dec. H.-Oscar
KuntZ, a stranger who came to Pine island
last spring and opened general merchan-
disc store. failed Thursday and the deputy
sheriff attached the stock to satisfy a Dill
held against Kuntz by Frederick & Kempe.
wholesale grocers of Redwing. The liabili-
ties, as near as can be learned, will be about
q I,y, a.
itors are Finch. Van Slyke & Co, st. Paul..
81, 800; Gotham & Co, St. Paul, $500; Hirch.
Elson & Co.. Chicago, $,4OO
Abilene Kan, Dec. 27.-Word has reached
Abilene that the Catlin Bros. bankers and
extensive stock feeders of Milwaukee, have
failed, with liabilities that will run from
100000 to $500 OOO Their bank closed its
doors Saturday. The Catlin Bros. have been
feeding Is, eco head of cattle and are said to
have lost heavily. The impossibility of Sc
curing extension on matured cattle paper Is
said to be responsible for their failure.
which is all straight 1t is a failure that
will cause heavy loss to several commission
houses of Kansas City, through whom they
f1oated much paper.
Allentown, Pa, Dec. 29-The Keystone
Mutual Benefit association, in corporated in
1878, made assignment today to Charles
o. Schantz for the benefit Of creditors. The
action was due to recent losses Of members
and large accumulation of the death loss.
The association had 1,lU policy holders,
only 600 of whom accepted it's proposition
Dec. 9. last. to consolidate with the Life
Assurance Company of America, of Indian
apelis. No statement to assets and liabil-
ties is available.
We could fill up this paper with SINH
lar abstracts.
The Fergus Falls Globe says:
With wheat at So cents bushel and cot
ton at cents pound it is no wonder that
times are good" Everybody is this region
knows that times are good, and every mer-
chant can testify that trade is simply
rushing.
There is hardly a merchant in town but
what he is at his wits end to meet his
bills. And still these idiots prate about
prosperity" Bosh!
In the presence of facts like these give
us by all means the daily papers. owned
by the money power.
Stuff cotton in the cracks and do not
let a Whit of the wind of truth reach
the God-forsaken people. l. D.