The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-03-09


heads:
Leans and discounts. ts............$3 So. .osO. .292
Due from national banks............ 51s4.4 .443
Due from state banks and bankers. 1890
Due from approved reserve agents. 2,loO, O60
Money in reserve I'm bank. specie, of
which $,l56360 Is In gGId .......... 5107, ,05J
United States certificates of deposit
for legal-tender notes. 6776. .937
The liabilities are as follows:
Capital stock paid in.................SH192 192, 600
Surplus fund ........................ 4560OS3
Undivided profits .................. 979,31S
Due to other national banks ..... Uses, ,527
Due from other state banks and
rStS, S'5iS 80
a. An average reserve held is reported at
DI2 per cent.
Ex-Representative S. j. Barrows, of
Massachusetts,, whose nomination as Ii
brarian of Congress failed of confirmation
by the Senate. has again been rendered
the place as n recess appointment. To-day
Mr.. Barrows presented a letter to the Presi-
dent declining the honor and stating: II
feel that II would be impossible for me to
meet your expectations or TO do justice to
your wise and enlightened policy concern
ing the library without the hearty support
which the Senate. by its failure to act on
my previous nomination. has not given"
report to the State Department from
Consul Covert. at Lyons, lays great stress
on the desirability of the United States be-
ing fully represented at the coming annual
fair at Nizhni Novgorod, Russia. which is
held during August and September. This is
the great annual gathering of buyers and
sellers who represent the commercial inter-
ests OF Russia and the buying public of all
eastern and Asi9tic Russia. 1t is a market
that has up TO the present time been Wis
tied only by tourists but France has been
studying the subject, and an official pub
lication issued by special of the govern
ment gives a mass of information concern
ing the annual fair and the immense popu-
lation that Is to be reached through repre-
sentation there. Russia is making great
efforts towards industrial expansion and the
development Of the immense mineral re-
sources OF the Ural mountains and all of
the country opened by the TransSiberian
Railroad. The imperial government has
granted free trade for the next ten years
of all articles entering for the use of the
Ural and Siberia mines. Specimens of the
machinery included in this ukase will be
largely exhibited at the Nizhni fair this
summsr. Everything pertaining to railroad
mining and agricultural interests will re-
ceive the attention Of the people who repre-
sent these interests now on the eve of de-
velopment. The Russian government real
ICES its need of assistance from the great
manufacturing countries Of the world in
prosecuting its commercial conquest of the
populous East, and is making every effort
just now to introduce modern machinery
or the kinds referred TO. which it is now in
position TO manufacture at home. All
agricultural implements, fertilizers, etc,
which may be exhibited at the great fair
Will be brought to the attention of every
farmer in Asiatic and European Russia
through the medium of the artels, or agri-
cultural societies, which, under the encour-
agement Of the Russian government, have
multiplied rapidly in the past decade.
Ex-Governor Merriam, OF Minnesota the
new director of the census, was busily en-
gagged at the temporary offices of the census
to-day going over preliminary matters. There
was a host of applicants for places, but
few Of these had personal interviews Many
applications have been filed, but it will be
impossible to give them consideration for
considerable period. Director Merriam fur
thermore made the announcement to-day
that these appointments must be preceded
by an examination. Assistant Director Fred
III. Wines is en- route TO Washington and to-
nor Mei. an oOH.rg to preliminary plans.
Referr.nE - TIE coming census work, Di-
rector Merriam said to-day: THE general
policy of the approaching census will be to
conduct the institution on the firm and
sound principles that underle business sue
cess. First, statisticians will be selected
from among the best men engaged in that
work in the country. This will be done only
after careful deliberation and consultation
with such men as Commissioner of Labor
Carroll d. Wright. Henry Gannett and other
eminent authorities. Then the heads of the
various bureaus will be selected after pains
taking consideration, and they will be men
CT recognized ability. All the appointees
in the office will be selected after rigid ex-
animation as to their fitness along the lines
OF work in which they will be engaged. The
employees will be appointed solely on the
basis of their capacity for work. The whole
plan is 10 accomplish the work as rapidly
and expeditiousy as possible. and not to
take on lines of inquiry which overburden
the task and make the census drag on for a
long period. Everything will be made sec
ondary to the general questions of popula-
ton, vital statistics and the mechanical and
agricultural schedules. and the general scope
Will De Hmlteu dS the Ndlue OI lHt unuer-
taking will permit"
Governor Merr rriam will leave in few days
for his home. i'm Minnesota. to close up his
private affairs there, and then will return
here assume active direction of the work.
II is said at the War Department that the
insular examiners as that body commonly
known as the Colonial Board is officially
designated will pursue their functions at
all points in Porto Rico until the attorney
generals opinion is obtained constituting the
Foraker resolution declaring against the be-
stowal of any franchise in Cuba or Porto
Rico. Ii is not intended that any action shall
be taken in the matter of franchises, but
the examiners will make a careful study OF
TIE conditions and propositions, and thus
the War Department will have at hand all
the information necessary for its guidance
should 1t be determined that the resolution
Is not actually prohibitive. But aside from
the examination Of questions relating TO
franchises the insular board has many other
functions. all of Importance. These relate
TO education. taxation and generally all eco
nomic and industrial matters that might
be properly regarded as subject 10 govern
mental regulation. so that the board will
have many fields Of work outside of fran
chises.
DR.. Bigelow. assistant chemist OF the
Agricultural Department. has accompanied
the beef inquiry board TO Chicago as a scien-
tific expert attached to the board. He will