Crawford avalanche., 1899-11-23

u putting ont contain facts or interest
not only to bankers but to the pubic as
well. The tables relating 70 the ac-
counts and business Of the several classes
of banks are especially instructive. BY
them it is shown that during the last ten
years the national banks have increased
in number from 1890 to 1855 and depos-
itors from 1,650.O44 to 2,744, ,459; savings
banks from $40 to 042 and depositors
from 3.S11 ,050 to 5,207 ,653; State and
private banks from 1896 to 4.94I and
depositors from 1,071, ,260 to 2,S3S,326;
loan and trust companies from 40 to 26O
and depositors from 77,601 to 624, 1913.
The total number of banks Of all kinds
increased 2,429. or "a per cent, while the
Increase in depositors was 40. per cent.
Loan and trust companies show the iarg-
est increase in point of percentage, and
also in percentage of business secured.
1t is in deposits, however, that the full
extent Of the financial growth of the
country is best reflected. Deposits in
national banks increased from 81, ,442,-
137,979 to 81, 2,522, 15z, 500 in ten years; in
savings banks from 81, ,444, ,391 ,325 to ST.
1S2 2,0O6, ,424; State and private banks
from $500, ,26S, 1919 to 81, ,22S, ,995 1854; loan
and trust companies from $299, ,612 800 to
$685., ,499, ,064; total increase from $3,-
776,41O, ,402 to So, 76S, ,65S, ,361, or $2,992,-
237,959. The total percentage Of increase
in deposits in the ten years was S3. Ma
tional banks increased 81 per cent, saw
ings banks 81 per cent, State and private
banks 100 per cent and trust companies
17S per cent.
Some idea Of the difficulties Uncle Sam
will encounter when he begins to educate
his new Spanish-American wards may be
obtained from the report of the Commits
sioner OF Education. This shows that
the enrolment of scholars Of all ages in
the United States is now 16,6S7 ,643, or
nearly 20 per cent Of the population. In
Cuba last year, with a population Of l.
4-5,171, the enrolment was only 67, Alb,
or only a trife over 5 per cent. and in
addition it must be remembered that
most Of the schools are such in name
only. In Porto Rico the figures show an
enrolment of only 27,936, with a popu-
lation Of about $4,000, showing that the
wretched schools Of the island are at
tended by only little over per cent Of
the total population. The percentage Of
illiteracy is about 81 per cent for both
whites and colored. Thus far, under
military rule, it has been possible only
to encourage and protect the native
schools. Hereafter it will be necessary
to inaugurate an American system in
Porto Rico and to lay the foundations
at least in Cuba.
Molasses for cavalry horses will in fu-
ture be one Of the items of expense for
the ..-...ltenance of the army in the Phil
ippines. Gen. Otis in a cable to the War
Department some months ago objected to
the department sending cavalry regi-
ments because the horses would not eat
the hay grown in the Philippines, and
the cost of shipping forage from the
United States was too great. Not only
did the horse decline to eat hay, but the
native grasses were too much for them.
Recently Gen. Otis said he would like to
mount Col Kennonis Thirty-fonrth vol
unteer infantry, and asked the War De-
partment to send him horses for this pur-
pose. Secretary Root became curious
and requested Otis to send him an ex-
PLANTATION as to how he intended feeding
the horses. A reply was received in
which Gen. Otis said cavalry men had
found that by sprinkling molasses over
the native hay and grasses the horses
were fond of it and ate 1t as readily as
that grown in the United States. In
future operations in the Philippines mo-
lasses for cavalry horses will be as much
a part of the ration as is tobacco for the
men.
President Mckinley is busy preparing
his annual message, and this requires
large share of his time. A great part Of
the message consists Of the summarizing
of official reports, and these portions the
President dictates to stenographer. But
whenever he comes to a place where he
wishes to express his own opinion or
ideas, he drops dictation and writes by
hand. As soon as he gets to such place
he leaves his stenographer and goes to
Mrs. McKinley's sitting room. All his
writing is done there, so that he may be
in her company every moment of the
time that the monotonous repetition Of
dictation and correction will not annoy
the invalid. 1t is said that in his mes
sage the President will urge retention of
Philippines, immediate stable territorial
government for Hawaii and Porto Rico.
The Cuban question will be left open.
-
! Secretary of the Treasury Gage issued
an order to purchase So, 5,OOOO worth
of bonds, the primary object of the pur-
chase being the immediate relief of the
New York money market There is a
plethora of cash in the treasury, and the
Secretary decided it was good time to
give the people an opportunity to sell
their bonds back to the Government. The
order for the bond purchase indicates
two things: That Uncle Sam has plenty
of cash in his strong box, and that the
business of the country Is remarkably
large and requires considerable cash in
its handling. The bonds that are asked
for are those maturing in 1904 and 1907.
-
A claim for bounty for Admiral Dewey
and his men growing out of the battle Of
Manila bay has been filed with the court
of claims by their attorneys. They de-
mand $500 for each man in the eHcny's
fleet on the ground that Americans at
tackled a superior force. II the court de-
cides that Dewey attacked an inferior
force, he and his men will get only 800
for each man on the enemy's feet. The
total claim Is $685., 800, of which Dewey's
share in case the full award is made will
be $19.194.
II is proposed to use monster search
lights in the military operations around
Manila, and a portable device of that
character will be shipped to the signal