davidaulloa/AmericanStories huggingface dataset:
The Saint Paul globe., 1899-07-17
TAXATION OF BANKS.
Its Effect in Cutting OFF Needed
Currency.


Currency.
Municipal Affairs.
The taxation Of banks is one of the
strongest features Of the laws for the
taxation Of personal property, in most of
the states, and in consequence it has
probably done the country more harm
than the attempt to tax any other item
Of personal property. 1t is now q mat
ter Of history that there is very wide
spread feeling that the supply Of currency
is inadequate for business needs. This
feeling is strongest where the taxation
or personal property Is most effectual. If
banks are virtually prohibited, there
never will and never can be currency
enough to effect exchanges. If the pro-
hlb1tton against branch banks and the
taxation of banks were abolished there
are thousands of small places where
branch banks could do a profitable bust
ness, and set free an amount of currency
which it is impossible to estimate. In
many Of these places the country store is
performing the functions of bank by
making exchanges possible, but doing it
IN a most clumsy and costly fashion In
most OF such places there is a great deal
more currency than the volume Of busi-
ness Justifes and yet it is frequently in
adequate. In the large cities there ap-
pears to be a plentiful supply Of banks,
out the enormous taxes they are re-
quired to pay must be earned, and, of
course, they can only be earned by an
increase in their charges. These charges
are paid by the business community, and
the tax finally falls on the consumers Of
goods.
Closely related to the tax upon banks
IS the tax upon money. First, banks are
taxed so as to render necessary a larger
supply of money; more money is demand
ed and at the same time, tax Is laid
upon money which, If it could be actually
assessed and collected would drive money
out of circulation. 1t is like forcing a
man to do more work, and then opening
ms veins and taking away his blood in
proportion to the extra work he IS re-
quired to perform
The Saint Paul globe., 1899-07-17
ORGANIZING AN ARMY.

There is grim humor attaching to all
new Philippine army which gives the
undertaking certain features which were
never before identified with the organiza-
ton of an army. When a nation is at
war, and especially when it is being as
sailed in the rear by traitors, it proceeds
to gather all the men and materials it
thinks necessary as speedily as possible,
and pushes them on to the front Speed
is always Of the essence of the under
taking. No such old-fashioned notions
apply to the efforts prevailing to get our
new army together Reading the ac-
counts in the imperialist press, one Is
disposed to think the whole affair a sort
Of dress parade, prolonged to the last
hour TO arouse the admiration of all be-
holders.
A few days ago one of the officers as
signed to do recruiting for the new army
gave. as the results of many weeks of
labor, the enlistment of one man. He
explained the circumstance by saying
that it was not quite so easy to find
patriots ready to go to the front when
there was actual fighting in progress as
some people supposed. His explanation
may or may not be correct. If we are
to accept the view of the Washington
correspondent of the Pioneer Press, there
is something which that recruiting off,
Ger did not explain. The observant cor
respondent of our contemporary. in the
course of a two-column dispatch on this
general subject, says in explanation of
what we can expect when the work of
recruiting gets hot: ut is believed at
the department that when the officers
are appointed and assigned more rapid
progress will be made. 1t is supposed
that the men desire to know something
about who are to be field officers and
company commanders of the new regi-
ments before enlisting. The work of ap-
pointing and assigning is progressing
very slowly"
powder except on the Fourth of July and
when we have been taken to see the
fireworks, have no very clear understand
ing Of the horrors Of war. Not so these
thoughtful warriors whom the Pioneer
Press makes us acquainted with If they
are to be killed they propose at least
to be killed with all the honors. as well
as amidst all the horrors, of war. If
they are to yield up their precious lives
| they propose to do 1t in the company and
under the command at least of men as
| thoughtful and heroic as themselves.
No wonder, indeed, that the work of
appointing and assigning officers
| should progress slowly under such cir
cumstances Even Gov. CIough himself
could hardly find Republicans of a suf-
ficiently high order of patriotism to off,
Ger the new regiments, if the task were
| assigned to him.
Meanwhile, however. the work of re-
| cruiting proceeds, and we have entered
| on a new era of death-deaIing invention.
According to the dispatches the recruit
ing of the new army will be distin-
guished by the introduction of new
field piece into the work of civilizing the
Tagals. This new field piece can fire ff-
| teen shots minute. 1t can be taken to
| pieces in thirteen seconds and put on the
back of a mule and sent anywhere in
| creation to which the mule will consent
The Saint Paul globe., 1899-07-17

never had the occasion because every one
knew just what the consequences would
be. Mr.. Cleveland had his faults, but
lack of backbone was not one of them;
siveness is not among them.
The Saint Paul globe., 1899-07-17

poverty of mind and soEl,-h.s:ft not of
heart. For 1t is Id their emotional ma
tprss that such women are far above
their strong-minded, clever and cultured
sisters, and this, I take 1t, is the reason
they endure patiently so much, with no
clamor for their rights; for a woman
with rights must need forego the sweet
old right to sacrifice herself. Beth.
The Saint Paul globe., 1899-07-17
DEATHS OF. A DAY.

Il, ,LEX1ING5ToN, Va. July 16.-Col. VII,
lane university, New Orleans, died at tbe
rome of his son-in-law, Hon. Harry st.
George Tucker. today
SPRINGFIELD, Ill, july 1s-Titus
Sudduth, president of the Farmers Ma
tional bank Of this city, and one Of the
largest land owners and stock raisers in
illinois, died today, aged seventy years.
The Saint Paul globe., 1899-07-17
Give Them Time

Rock County News
The war in the Philippines is being de-
layed until the arrival of more troops.
Perhaps this is a good thing, as it will
give the powers-to-be more time to hunt
up an excuse for the continuance of tbo
struggle.
The Saint Paul globe., 1899-07-17
WORKING FOR WHITE.
Mr.. Troy Believes the Senator Can
DefeRt Mr.. Bryan.

LOS ANGELES, Cal, July 16.-Robert
P Troy, formerly of San Francisco and
more recently of Washington, D. c., ar
rived from the East today over the Santa
Fe. Mr.. Troy was formerly secretary Of
the Democratic state central committee
He is working up a boom for Senator
Stephen N White for the Democratic
nomination for the presidency. He said:
1.-The senator could, in my opinion, cas-
lily secure the Democratic presidential
nomination. He is looked upon in the
East as one of the national leaders OF
the party, and he is the single man who
could give William ]. Bryan serious trou-
BILE in the next years convention
The Saint Paul globe., 1899-07-17
STORY UNTRUE.
Mr.. Bryan VIII Not Speak at Scott
dale, Pa.

dale, Pa.
PITTSBURG. Pa, July 16-NationaI
Committeeman J. M. Guffey denies the
story that William J. Bryan had been
engaged to speak at Scottdale, Pa, Aug.
TO- for a consideration of 5000. Mr.. Cuff
fey's statement was:
''Mr. Bryan is not coming to Scottdale,
and the $500 story is not true. Ex-Rep-
resentative Porter, Of Westmoreland
county, chairman of the quarter-centen-
NAL committee, by authority of his COM
mittee, requested me to communicate
with Mr. Bryan and invite him to at
tend their centennial celebration, which
1 did, and his reply was that his present
engagements would not permit his doing
so. The question of pecuniary considera-
ton was not discussed"
The Saint Paul globe., 1899-07-17
LAND GRABBING BARRED.

OA'AcI"ls satisfied With the PrOvis-
ions of the New Law.
WASHINGTON, July 1s Reno,ts
reaching the interior department ~ +ba
threatened monopolization, at a number
OF points, of the lands acquirable under
the law relating to reservoirs for water
ing live stock, create no apprehension on
the part of the authorities. They sav
that the rules and regulations recentIv
put In force for the execution of the law
nave been so carefully framed that there
IS no danger of individuals getting more
than their share of the public don,ot,1
or the infliction of any possible injury
to the common use of the areas con.
Cerned. 80 N0H-
The Saint Paul globe., 1899-07-17
SILVER MEETING.

Chicago Platform Democrats Ar
range for One in New York.
NEW YORK, July 16.-The Chicago
platform Democrats, at a meeting held
Saturday, adopted a resolution providing
for big silver meeting to be held in this
city or at one of the nearby summer re-
sorts on Labor day. At this meeting, If
the wishes Of the local silverites are car
ried out, addresses will be made by Will
lam Jennings Bryan, ex-Gov. John P. Alt
geld, George Fred Williams and Judge
Tarvin, of Kentucky Mr.. Williams has
already announced his willingness to be
present, and the strongest possible efforts
will be made to secure the other speak
erS named.
The Saint Paul globe., 1899-07-17

At Roub2ix, France, an attempt was
made to pull off a finish fight between a
Spanish bull and an Abyssinian lion. Of
course it failed, for the lion refused to
continue the contest. BloodIess duels in
France are not confined exclusively to
the men.
No one than Admiral Dewey will re-
joice more heartily over the admitted
failure Of the subscription to buy him
home. The gallant sailor is not a fresh
air fund that he should be subscribed to.
The present administration might ap-
propriately be known as the 'Icono-
clast." 1t has smashed the declaration
of independence, the Monroe doctrine,
civil service and the constitution
Mr.. Ralph Dean, a resident of South
Boston, has a hobby for collecting the
wrecks of vessels. One might naturally
suppose that he could obtain permanent
employment from Spain.
The Boston Journal terms the explo-
sion incident to the squabble between
Senators Gallinger and Chandler a
volcano" Judging from the amount Of
mud thrown it was simply a geyser.
Does Mckinley fear that, If he should
send Miles to the Philippines and the
latter should end the war in a month.
Miles and not Mckinley would be the
next president?
The New York newspapers are having
no trouble whatever in selling all the
railways of the Northwest The trouble
is that they never get them to an actual
transfer.
A Minneapolis boy dropped thirty feet
and wasn't hurt And yet we occasional
ly note in the Minneapolis papers that
Minneapolis people are not hard nuts.
How depressing some newspapers are
A Minneapolis young man bought copy
Of the Times and went out to Lake Har-
riet and killed himself
Dollars must look big in the eyes Of
Chauncey M. Depew. He says he would
rather sacrifice 100000 American lives
than give up $500.
Russell Sage's declaration that the
story of his proposed retirement Is a.
malicious fabrication sounds decidedly
Algeresque
The cars disarmament arrangements
appear to have been shot to death with
the dum-dum bullet.
New York has a man named Hacl,
luke. Now will Chicago and Hinky Dink
be good2
A Kentucky well has suddenly changed
its supply from water to oil Fusel oil?
If this lockjaw business keeps up we'II
have to quit having Fourths of July.
So far no kissing bug has been found
frozen to the lips Of Boston girl
Why do not Kentucky and Texas get
together and compare feudaf
The Saint Paul globe., 1899-07-17
snundron In Port.

BOOTH BAY, Me, July 16-The North
Atlantic squadron steamed into the har-
Dor just before dark tonight, dropping
anchor off Squirrel island The squad
ron, it is expected, will remain L.-rs
day or So
The Saint Paul globe., 1899-07-17
MR., BRYAN WILL SPEAK.
expects to Take Part in the Chicago
Platform Meeting.

expects to Take Part in the Chicoo.o
Platform Meeting.
CHICAGO, July 16-John P. Altga1d baa
received message from William n
Bryan' in which Mr. Bryan saws he viii
speak at the Chicago platform mass
n!eetlnS' which will be held at the An.
ulloflum on July 20, the date of the meet.
ing in Chicago of the Democratic ma
tlohal committee. According to the Trib-
une the supporters of Mayor Harrison
mad strongly hoped Mr.. Bryan would re-
Iuse Mr.. Altgeld's invitation and even
wrote 10 MI. Bryan setting forth reasons
from the view point of the Harrison side
"hV MI Bryan should rot speak at the
meeting. Mayor Harrison has been il1o ino
Vlted to deliver an address of welcome
lie is invited as the mayor of Chicago
and not as Democrat.
Mr.. Harrison is mayor of our cftv .,
SAID MIR. Altgeld, 'and it is only proner
that we should invite him to welcome the
visiting Democrats"
CLEVELAND, o., July 16.-Vincent n.
Perkins, of Chicago who has been mem
toned as the successor of Carter II. Har-
rlsOn for the mayOraIty of that city. is
visiting in Cleveland. In an interview to-
day he said that Mayor Harrison was
loyal to William Jennings Bryan. and
would support him for the presidency
next year.
Mayor Harrison" he said, will be a
candidate for governor of Illinois to sue
ceed Gov Tanner, and in 1904 he will be a
candidate for the presidency and will be
nominated"
Mr.. Perkins expressed the opinion that
eX-GoV. Altgeld had had his day in poll
tics.
The Saint Paul globe., 1899-07-17
WEATHER FOR TODAY.

Internationally fair Monday and
Tuesday; variable winds.
The Dakotas - Generally fair Monday
and Tuesday; variable winds.
- rWisconsin-,Generally fair Monday and
Tuesday; light to fresh west to northwest
winds, becoming variable.
IOwa-Generally fair Monday and Tues
day; variable winds.
MOntana-Fair Monday and Tuesday;
westerly winds.
ST. PAUL.
{ Yesterdays observations, taken by the
United States weather bureau, st. Paul,
=. F. Lyons observer, for the twenty
four hours ended at o'clock last night.
Barometer corrected for temperature
and elevation.
Highest temperature ................... Y
Lowest temperature .................... 62
Average temperature ................... 70
Daily range Observation-Disclosures. Is
42oi cii!eISr '-''.s..s..... ~. 96
uiliIu4ly .-..'...-'s... .................. 40
Precipitation ............... ........... .Oi
Z p. m, temperature ......:............. 70
p; m, wind northwest; weather, partly
ClOudV
The Saint Paul globe., 1899-07-17
OIL ON TrOubIed water.

Danish lighthouses are supplied with
oil to pump on the waves during a storm.
The Saint Paul globe., 1899-07-17

So far no kissing bug has been found
frozen to the lips Of a. Boston girl.
The Saint Paul globe., 1899-07-17

Why do not Kentucky and Texas get
together and compare feudaf
The Saint Paul globe., 1899-07-17

If this lockjaw business keeps up well
have to quit having Fourths of July.
The Saint Paul globe., 1899-07-17

A Kentucky well has suddenly changed
its supply from water to oil F'usel oil?
The Saint Paul globe., 1899-07-17

New York has a man named Hacl,
Tuke. Now will Chicago and Hinky Dink
be good2
The Saint Paul globe., 1899-07-17

At Roubaix, France, an attempt was
made to pull off a finish fight between a
Spanish bull and an Abyssinian lion. Of
course it failed, for the lion refused to
continue the contest. BloodIess duels in
France are not confined exclusively to
the men.
The Saint Paul globe., 1899-07-17

No one than Admiral Dewey will re-
joice more heartily over the admitted
failure Of the subscription to buy him
home. The gallant sailor is not fresh
air fund that he should be subscribed to.
The Saint Paul globe., 1899-07-17

The present administration might ap-
be known as the 'Icono-
clast." 1t has smashed the declaration
of independence, the Monroe doctrine,
civil service and the constitution.
The Saint Paul globe., 1899-07-17

Mr.. Ralph Dean, a resident of South
Boston, has a hobby for collecting the
wrecks of vessels One might naturally
suppose that he could obtain permanent
employment from Spain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10
Nesu91ork DAILY Gribm,re
MONDAY, APRIL 10, 1899.
-z-7--z---------
THE NEWS THIS MORNING.

FOREIGN-The Filipinos attempted to oreaK
through the American line south OF Mania on
SATURDAY night but were repulsed; General
Lawton's expedition will adopt frontier 'actic'
An Nrhtine the enemy. - The offer OF New
zealand 10 send boat TO Samoa win troopS
has been accepted by the British Government
hut the troops will not be required. - Gen
eral Alger sailed from San Juan for w-NorK
on the transport ingalls,; he thinks the clvh
government in Porto Rico must come SLOWLY
and that the islanders must exercise patience;
- THE Danish steamer Nordfarer rescued
twenty-six men from a French nsnihg scnooteI
which foundered at sea. - The request Oh
Cuban Judge that General Ludlow be prose
euted for setting aside the incomunicado law
will probably be dsregarded by senior Lahuza
Cuban Secretary of Justice = In speech 10
his constituents in France. premier Dupuy re
ferred TO the Dreyfus agitation. saying that ths
judgment Of the Court would be acknowledged
by all and the guilty punished
DOMEsTIC.-StephenJ Field. retired Justice
Of the Supreme Court. died at his home. In
Washington. - War Department authorities
expect news OF the capture Of Santa Cruz TO-
day. - Vice President Hobart is said to be
improving though still seriously i'll - me
Governor favors keeping the Legislature In SEES
sion til the Mayor has acted on the Rapid
Transit bill. - The annual report OF STATE
Historian Hastings is made public - Dea-
cons and elders were ordained at the New-York
Methodist Conference in Newburg.
CITY-Frank Moss declared that he was we'll
pleased with the results Of the first days SEES,
sion Of the Mazet Investigation Committee. and
declared that Mrs. Richard Croker was not
subppnaed to appear before the committee
-= The funeral Of Mr.. and Mrs. Wallace C.
Andrews and Mrs. St John and her three chill
dren who lost their lives In the fire that de-
stroyed Mr.. Andrews's house at No. East Six
ty-seventh-st. on Friday morning, was held at
Mr. Andrewss Fifth-ave. house. and Professor
Felix Adler made address. - number
OF Republican legislators and other leaders con-
ferred with Senator Plat about police legisla-
ton - Governor Roosevelt granted and then
delayed service of extradition papers for n. A.
Hickman leading witness against Molineux;
the man is alleged to have escaped from Ten
nessee prison Hugh Mclaughlin the
Democratic Boss OF Kings County. returned
home from a trip 10 Florida.
THE Neutrality-suspicious. for to-day: Fair
and warmer. The temperature yesterday: High
est, 81 degrees lowest. IA; average. 46b.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10
HONEY AND BUSINESS.

After toviaI debauch there sometimes comes
a reaction, for which no rolling wave can be
blamed Prior TO last week the stock market
had swallowed much more effervescent stun
than It's stomach could keep down. and the
lurch of the money market had less to do with
the unloading than the distressed victims i'm
agired II was on the whole an intelligent
market. 1t not only Disseminated between rail-
road and other stocks. but between good and
bad railroad stocks; between the old trusts
preferred. the value Of which had been shown
by successive dividends; the old common. OF
which part had the same advantage; the new
preferred trusts issued in part for property fur
nished. and the new common, largely given as
a bonus In consultations The sixty most &C
tive railroad stocks dropped from their highest
average this year, S75 o. to S11 43 at the low
est point on Friday. and recovered to SI3 AZ
at Saturdays close. The old trusts preferred
dropped from their highest average this year
S95 O3, to SOL So and recovered TO SOB H. Ten
old common trusts dropped from their highest
previous average. SIC o. to SCI "a. and re-
whose highest average had been 500 AZ, dropped
to SS5 ~ and recovered to $SI ~ and ten
new common stocks, whose highest average had
been S57 o. dropped to S44 Of. and recovered
TO S4S -. Taking the previous highest average
OF each class as the base or 100. the ratio OF
the averages at the lowest point on Friday and
at the close on Saturday was in each class:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10
PERSONAL.

The Queen OF Rumania has presented 10 tho
Church OF Curtea dArgesch. the Oldest In the
kingdom. a manuscript copy OF the Evangehum
used In the Eastern Church. written and illumi-
mated by herself on thirty sheets OF parchment.
Each sheet has n border OF massive silver dantiy
engraved and all bound together In gold
hinge Of curious workmanship. This gorgeous
document lies under glass dome, which Is sur
mounted by a golden and crown. and Is In
closed I'm q case Of carved wood designed by be-
comte de Nouy, the leading architect OF Vienna.
From tho corners OF this canopy danglo four lamps
OF gold set with precious stones An inscription
states that the gift was the work of Queen Eliza
bath's own hands. which were busy upon IL Tor
six years, and that II Is Intended as II rheuo,
TO her little daughter. Princess Marie who died IN
childhood.
The Rev DR. Handley Carr Glynn Moule, who
succeeds Canon Armitage Robinson as Norrisian
professor OF divinity ut Cambridge University has
made a mark a scholar and preacher.
The Supreme Court OF Massachusetts, has sus-
talned the will Of the lac Rev. DR.. A. A. Miner.
which some relatives contested. The will contains
tho following requests. which. under the decision
OF the court, will take effect: Two thousand dol
lars each TO the Second Society OF Universaliss, In
Boston: Universailst Publishing House; Massachu-
sets Convention OF Unversalists Goddard Semi
nary, Barre, Vt; Dean Academy, Franklin; West
brook Seminary. Deerng. Me-. and the Universalist
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10
BISHOP GILLESPIES VIEWS.

TRANsUBsTANTIATIoN NOT A PART OF THE
ENGLISH CHURCH TEACHING AND
CONFESSION VOLUNTARY :
To the Editor Of The Tribune.
Sir: In reply 10 the two inquiries addressed
TO me in yours OF March 30
% Is the doctrine of the so-caiied mass a.
held by the advanced Catholic party Of the
English Church." view Of the Real Pres
ence that can scarcely be distinguished from
the Romish Experimentation. and one that
includes Eucharstic alteration and the adminis-
tration Of the Holy Communion without recep-
ton?
answer. No
C9 THE attitude NJ the Episcopal Church
toward the doctrine OF auricuar confession Is
that II is voluntary and may not be en-
forced" under any circumstances.
GEO. n GILLESPIE,
Bishop Of Western Michigan
Grand Rapids April 6. 1899.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-10

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