davidaulloa/AmericanStories huggingface dataset:
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-11
C0NYLNCING STATERENT.
Continued from First Page.)

ana equltably considered in their re-
spectlve relations to the treasury"
Before proceeding to respond to the
resolution specifically. Secretary Gage
gives a general review Of his whole
course In the branch Of public finances
concerned with the national bank de-
posltories as follows:
he notes the provisions Of the sta
tutes which makes "all national bank
ing associations designated for thatpur-
pose by the secretary Of the treasury,
repositories Of public money except re-
ceipts from customs, under such regu-
latlons as may be prescribed by the
secretary" That statute became law
June srd, 1854, and It's first marked rec
ognitlon was in the refundlng opera
lions Of 1879. when Secretary Sherman
thought it necessary to place with ma
tIonal bank repositories sums Of money
which reached as high as $279, 544, ei5.
Secretary Fairchild in 1888, during a
period Of abnormal receipts Of revenue,
increased the number Of depository
banks, and allowed such banks to ac-
cumulate balances reaching Ssl.546,OOO.
on March /. 1897, there were 1863 ma
tional bank repositories, holding a total
OF S16,1SS,4lO. With few exceptions.
these institutions received deposits
from internal revenue collectors and re-
mitted to the sub-treasurers any sur
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-11
Feels Just Pride.

II will be readily recognized that the
absorption Of $200.0OO,0OO within the
space of a few weeks could not fail to
disturb most seriously the general
business Of the country. The secretary
OF the treasury feels some measure OF
lust pride that the financing OF the war
loan of 1898 was accomplished without
the slightest interruption to that re-
yival OF commerce and the industries OF
the country which has made the pres
emf q period OF unexampled prosperity.
BY the end Of 1898 the number OF ma
tional bank repositories had been IN
creased to SIG, located in forty three
states and territories, and holding $S4,r
$50 900. The New York banks were able
to control more bonds and qualify
themselves in larger proportions than
the banks in the interior cities. with q
view to securing a more equitable dis
tribution Of the funds, the secretary.
early in 1899 designated forty or hfty
additional repositories and, while thus
Increasing the deposits outside Of New
York City, he Mt the same time drew
down tile balances now in the New
York CITY banks.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-11

A splendid supper will be served in
the basement OF st. Matthew'S p. F..
church this evening by the senior and
JUNIOR circles OF the Kings Daughters
Of the church, and It will be followed
by reception to the new rector. Rev.
David A. Howard. The AFFAIR viii
likely be largely attended. and the la
dies have prepared toothsome menu.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-11
Iendinp to the Panic.

With the DeBtnnlnB OIL lhe PIeSeHH
fiscal year the treasury was feeling the
influence OF the revival OF commerce.
For the six months ending with Decem-
Der II, 1899, the excess OF receipts over
expenditures aggregated $2l,O26,0O0.
This absorption of money from an acs
tive use Into the treasury, where 1t
could serve no present useful purpose,
was a source OF apprehension 10 the
public and Of anxiety to the depart
ment, The situation was intensified
by the fact that the fail movement: OF
currency to the interior for the move"
ment Of crops, operated to reduce the
cash reserves ut all commercial CEN
ters. The secretary was indisposed to
increase deposits in public repositories,
and, in order to avoid that, he onered
to anticipate interest on the PUBLIC
debt and later offered to buy $4,000
900 Of bonds. The movement toward
stringency in the money market had
assumed too great momentum to be
ayerted by such means. December is
financial panic occurred. Prices Of In
yestment securities fell ruinOusly. In
terest rates rose to fabulous rates, and
a general construction OF the money
market was apparent. While this state
of affairs found its most violent ex-
preston in the security market, 1t ex-
cited a state of anxiety and alarm
through our industrial and commercial
communities The situation was be-
lieved to be 80 grave as to justify the
utmost interference. The receipts Of
the treasury for December, 1t was per-
ceived. would exceed the expenditures
by seven or eight millions. Under these
conditions n peculiar responsibility was
thrown upon the treasury. The stat
utes conferred authority to place pub
lie money, except customs, IN deslEna-
ted repositories, and gave power to re-
lleve the situation without possible pre-
judIce to the treasury's needs. 1t was.
therefore, announced December is, that
the secretary would deposit internal
revenue collections with depository
banks TO the amount of thirty or forty
millions, should so much be applied for.
A Direct Answer.
From this point on the secretary
makes direct answer TO the congress
slonnl Inquiry. His principle of action
has been to so manage the receipts and
expenditures MS to produce the least
disturbance in that part Of the money
supply which must be ut the service OF
the commercial and Industrial use.
Since June !, 1898. the receipts Of the
treasury have amounted to eleven hum
dred millions. BY the aid Of dcposItor-
les the amount In the treasury at the
close OF any quarterly period during
thnt time never rose more than S29, 600.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-11
Tho Hanover National

Taking mp the history Of the govern
ment's connection with the Hanover
National and the National city banks,
specifically Inquired into by the rcsolu-
tion, the secretary shows that the Ma
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
Opportunities FOR YOUNG MEN.

Mr. Croker's solicitude for the welfare Of
young men continues to be extreme. He had
bis convention at Saratoga assure them that
under existing governmental policies they have
no chance, outlook which promises that at
the end of their lives they may be better off
than they to-day. The hope Of former
days" the platform says has departed from
''the young men Of the land. Turn where they
~msy 10 improve their condition. they encounter
'the crushing rivalry Of aggregated Millions
etc. This is the kind OF talk in which Croker
has been indulging frequently of late: but
against any disinterested impulse which he may
profess in favor of young men must be set off
the vitiating example of his life Of selfish greed
and the curse of the system Of corruption of
which be is the guide and mentor. 1t cannot be
doubted that during the years of his dictator
ship in Tammany Hall hundreds perhaps thou
sands, of young men. lured by hope of imitat-
ing his successes have in the beginning of their
contact with affairs stripped themselves of
moral computations, quieting their consciences
with speciOus arguments. excuses and vain
sophistries. and embarked upon enterprises
whose issue could only be the loss of self
respect. inevitable degradation and failure
Unfortunately the charge that opportunities
for young men are diminishing is not confined
10 the lips Of Croker or TO Demo Populist plat
forms. But it does not square with the facts
Looking back say, forty or fifty years we find
no record. naturally enough. of the men who
were waiting for legislation or something else
10 help them. They left no record but that
does not mean that there were no such persons
OF course there We're. The men of whom there
is record were those who raised themselves
above their earlier conditions by dint of work
and self-help. They did not wait for some one
or the Legislature or Congress TO act for them.
they assumed the burden and the responsibility
Of their own advancement. They worked b,,
day and studied by night; they mastered their
surroundings. however discouraging. however
difficult They toiled and struggled undaunted
by failure, using each partial success as a stem
ping stone toward yet higher achievements
They were faithful and they were not afraid
of work.
These are the men whose lives seen in the
distance. make 1t appear 10 the careless or the
thoughtless that opportunities a generation or
Two ago were greater than they are now. Yet
men Ike these toiling and advancing all
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
PERSONAL.

Ex-Secretary John Sherman has sold his property
in Mansfield, Ohio. and this week will leave there
with his daughter; Mrs. J. |. McCaium, Tor WASH
ington. in which city he will make his home
Dean Farrar Will deliver the address at the dedi-
cation of the John Bunyan window in the Col
lesiate Church of St Mary, Southwark, London,
on Mchaelmas Day This memorial -, mas oee IN
erected by money contributed by, In beha1 OF or IN
memory of young folk.
President Gilman of Johns Hopkins University
studies sociology not from books alone. He be-
Heves in seeing actual conditions. and is thus no
whittier he goes often with notebook. open purse
and many Kind word.
DR. A. c. HamIin Of Bangor says THE Ken
nebec Journal rs to erect a memorial to Peol
Toma. for years chief of the Passamaquoddy tribe
Of Indians In the shape of a dark green syenite
slab He died In 1890 and his grave has never been
Tomas He named the togue for iona. calling it
salmo toma and this name was accepted by AgaS-
inscribed follows: 'Peol Toma, Chief Hunter,
Nobeman. D. June, 1890 10 years. A g H
1T is ar assured thing" says 1.-The Kennebec
Cde) Journal that Buckheld is to have public
library through the generosity of Secretary Long
and his nephews. the White brothers. It is to be
a memorial to the Secretary's father. Zadoc Long.
Mr. stevens Of Portland is the architect 1t will
bridge It will be an ornament to the place and en-
time and Its dement's cannot be confined to the
town limits. 1t goes without saving that Bqckfeld
erous townsman and his kindred"
Cecil Rhodes once fitted up a beautiful cemetery
near Kimberley. but for some reason it remained
untenanted. Seeing this Mr.. Rhodes offered
bonus to widows who would bring their husbands
be buried in his cemetery but without avail
Eventually one poor woman allowed her husband
to be buried there. and handsome marble stone
was erected over his grave. But even then the
scheme hung fire; the inhabitants. passing the
gates OF the beautiful cemetery, would look
through the ratings and the man lying
there in solitary state. and go away shaking their
heads and thinking how lonely II must be. Mr..
bOde 90 so eNaSDerated that he increased the
bonus until il a large Then the In
habitants gradually began to weaken one after
the other, bringing their dead TO the lonely ceme
terry. which became as popular as such a place can
properly he.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

glass panels a long procession Of passengers,
who have sneaked through some other door
under false pretences, going directly to the
train and getting the desirable seats. And when
finally they do get through they find that by
complying with the rule they have gained moth
ing but annoyance and discomfort.
1t is believed to be pretty well demonstrated
by experience elsewhere. in stations as complex
as the Grand Central that the interests of the
company are as well served and the convenience
of the public is far better served by the absence
of any such system. There are other great
metropolitan railroad stations in which there
is no ticket inspection. Passengers walk freely
through TO the platforms at any time. The
places reached by the various trains are clearly
and conspicuously indicated on signboards, so
that he who runs may read, and for those who
cannot read there are uniformed servants OF
the company in attendance TO answer questions
and to give directions. 1t is believed that under
such a system there are no more mistakes than
under that of ticket punching One thing is GER
tain-that If the ticket punching system is re-
tanned it should be rigidly enforced But as a
general principle it is probably the preferable
policy 10 treat the average passenger under the
assumption that he is intelligent and honest,
that he knows where he wants to 60 and how
to get there and means to pay for his trans
portatiOn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

about us to-day Not one of them means 10
remain what he is; not one fears for moment
that he will fail Faithful 70 interests con
fded to their care, loyal TO immediate superlolS'
they are fitting themselves day by DAY LOT
larger responsibilities and larger opportuhlties
which are sure TO come. These men VIII sue
coed lust as their fathers and their grand
fathers succeeded. Young men do not read by
pine knots now. It is true for better lights are
cheap and available; they do not usually walk
long miles after a days work TO borrow books,
for the untold blessing Of the free library has
rendered such journeys for the most part IN
necessary But the fitting process whatever its
form, is going on to-day as 1t went on years
ago. and ITS rewards are as certain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

culotte equality of the French Revolution never
found any sympathetic response n this coun-
try Whether or not all men are created equal.
TO use the phraseOlogy of the Declaration OF
Independence, they almost at once cease to he
equal after birth. In environment in oppor-
tunity and, most of all, in physical and mental
endowment one man is superior to another. or.
it may be. one family superior to another;
and that superiority will manifest itself in the
battle of life, whether the government be an
autocracy or a democracy The man who in
herits an honored name may rightly take pride
in the fact that he bears il. But by just so
much as his family name lifts him above his
fellows is he under greater obligations TO do
his fellow men a service worthy of his name
The question of honorary titles is too large
to be discussed in this place, but it is a fact.
curious sad. according one looks at IT.
that considerable proportion Of the American
people, who, priori, ought TO Contemm all
titles. are exceedingly fond of them The most
volUble champion of equality is not unlikely TO
be avaricious of artificial distinctions. Intelli
gent persons keep close track of the various
most coveted titles of honor fraternal, aca-
demic social or political. and IT never occurs
to any one that to accept and display such titles
is essentially undemocratic. Nor. In fact, are
titles contrary to the spirit of our institutions.
Those which imply merit or dlStlnctloh may De
worthily worn. But many have come to be
almost meaningless because of their indiscrimi-
nate use. 1t a proud day for Smith. for
example, when he Joined the Association of
Select Seers. and made Jones and Brown green
with envy by writing A. s. S. after his name.
But what distinction there for Smith when
Jones and Brown Joined the same august so
ciety, and were thus able to display the same
title? When nObodeS employ titles in the
hope that they will thereby become some
bodies they not only make themselves ridicu-
lous. but help to bring discredit upon all titles.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
NAMES AND THEIR MEANING.

Our neighbor The Times" prints a letter
from correspondent who is indignant because
a puglist Of this city whose own name is
"plebeian' assumed the royal cognoInen of
Mccoy" thereby disgracing the name and the
race to which it belongs. The question here
opened up has many ramifcations. Doubtless
the reputable members Of the Mccoy family
have good reason to resent the cold bloadad
theft Of their name by this pugilist Yet after
all, such an exploitation of their name cannot
really hurt them, any more than the fact that
some one actually entitled to bear the name
might conceivably he found in States prison
As everybody knows the most hOnored names
are occasionally borne by unworthy persons
There are numerous George WashingtOns work
ing in chain gangs in the South. and not long
ago Abraham Lincoln was sent to jail in a
Western town for being drunk and disorderly
There are black sheep in every family. and of
the large number of persons who bear the
more common family names il Is inevitable that
a certain number either through hereditary
faint or environment should turn out badly. Sc
It does not to us that the Mccoy family
need be al all worried because a pugilist an
propriated their name
Moreover in this country there is no hard
and fast distinction between names. 50 that we
may call one royal and another plebeian An
oStenSlbIy plebelan name may be glorif1ed by
the great achievements of some who bears
it. But. as we have intimated. ii does not
follow that name is furnished by the evil
deeds of one or more persons who bear It, Men
are judged for what they aIe, rather than for
their names. And yet on the other hand we
must not run away with the idea that there is
no pride of race or family in democratic Amer
lea The very opposite is the case. Not even
IN England. We venture to say. are honorable
family traditions and achievements more
deeply cherished than in the United States
And it is well that it should be So The sans
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
ANOTHER NEW WILSON LINER.

The new steel screw British steamer Aieppo
command of Captain Forth, arrived here EeS'''c, cha
from Newcastle. England. her maiden UP -.
the most recent addition TO the wilson LIZ
fleet. -
The Aleppo is a vessel Of 1855 tons net H ~
principal dimensions are as follows: Lengtn,
feet; BREADTH At feet and depth % feet ~ nv me
moulded. She was launched June - IbL,TIrn-on-
yards of Robert Stephenson * Co. az r.. ~ a set
Tyne. The propeiling machinery conSSSSS snnplisd
Of triple expansion engines. and steam, me third
from two single ended boilers. ms Il .-1-es be-
new vessel placed In the Wilson Line ssi ,nonthS
tween thts port and Hull in the last three h''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Relief measures for Galveston have been
prompt and generous. and the extent Of the
suffering and need which they are TO assist in
alternating makes it necessary that they should
be actively continued for some time to come. AS
the greatest calamity Of it's kind which has
visited the country. II calls for the greatest
efforts at assistance. and will not send forth
its summons in vain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

The DAILY and SUNDAY TRIBUNE, BY mail,
$1.O0 month, except TO a city or foreign
address.
Readers are fnUited TO complain to this
office, If they cannot find TRIBUNEs at a
nslUs stand. The Presidential campaign
has caused an increase in sales.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Maryland revives the Honest Money Demo-
cratic League. which did such good service In
1896. There are enough Gold Democrats In the
State to carry it for National honor and pros
perity if they throw their united weight in that
apd do
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
Business \ oIlers.

Carl II. Schultz's Carbonated Waters
e continually used in Of leading physicians
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

States citizenship is TO be excluded from SUI
frage The Democratic State Committee seems
to have devised plan by which Democrats only
are TO express their preferences AS for the
rest, their votes in Florida and other Common
wealths were never intended to count.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

1t is safe to say that the less the average man
knows about the merits Of the coal strike the
more violent will be his opinions about the
"rapacity of the coal barons' on the one hand
or the ''unreasonableness of labor agitators on
the other 1t is we'll to remember in such a
case that there are almost always two sides to
every story, and to be chary Of accepting the
ready and loud denunciations of politicians and
demagogues intent on turning every incident in
life to the promotion Of their own selfish pur-
poses.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Down in Florida five towns-including ITALIA
hassee, which now enjoys it-are struggling
over the possession Of the State Capitol
popular vote is to be taken to determine the
contest. and, as a timely exemplification of
Democratic devotion to the consent of the gov
erned" theory. a considerable fraction Of the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

When Colonel Bryan argues in his most i'm
pressive vein that no self-respecting government
should continue TO operate without the consent
OF the governed he does not realize. perhaps.
what a jar such reckless logic gives his friends
and followers in the Blue Grass Commonwealth
In consideration of her patriotic speech, Just
delivered In Brooklyn before the Medal of Honor
Legion, the anti-imperialists will no doubt pro-
coed to turn the portrait Of Julia Ward Howe
to the wall and walk backward from II with
averted faces. In their estimation she must be
a fragrant radical eXpansionist, ger to commit
the Republic whose Battle Hymn she so loftiIy
sang a generation ago 20 courses leading to its
destruction. They cannot read her out OF their
select and exclusive party. for she was never
in it. but there is discipline too severe to be
administered to her if they only had the power
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
NOTES OF THE CAMPAIGN

ANXIETY IN NORTH CAROLINA.-The Rrv..
ties In the Old North State are somewhat 49,,
that they may not capture all the Congress disrr,s
in that State despite their majority of sixty thou
sand at the State election last month In +b.
election the counties which compose the vTTT4L
Congress District which IS now represented IN,
Republican. gave Adams. the Republican candtJ..
for Governor, a small majority and did the Ty,S
District which is also represented By Republican
Both districts also gave majOrties against 81
constitutional amendment disfranchlsng colo--s
voters-the With majority of 1913 and the rv,s
of 1907. The Raleigh News and Obserys
has been Analysing the election returns ana =
reached the conclusion that good many 6a-,-.ss
Gratis voted against the amendment who yorsJ no
the Democratic candidate for Governor buf +L Ut
yields scant comfort in the face Of the fact tL a
Adams carried both districts, and the BrvaTii9.t
editor is compelled discard figures ana a-Lls
to claims of BTyanite gains in certain co1,1s1Gts
the rescue %
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Newark's disputes and litigation with the East
Jersey Water Company are another argument
in favor of complete municipal ownership and
management of urban water systems, and an
other argument against the rascally Ramapo
scheme.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Ackron, of Tivoli notoriety, seems to be about
a. truly perfect gentleman" as the female
habitues of his filthy dive We're perfect ladies' -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

Shutting out foreign actors as contract labor
ers would seem be in accord with the system
of making the stage a purely commercial insti-
tuition.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16
Nem71ork Dailp Gribmttk

SUNDAY. SEPTEMBER 16 1900.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-16

THE ONLY WAY.-"The St. Louis Globe-Dar.
GRAFT pertinently says;
The gold standard will be in danger Just as lon,
party aSsaiiS il and is strong enough - so -s
test the Presidency No law be passed ISs.
will permanently fetter the Presidents ans 90
crosses Of the future The way TO dispose ~ Al
based money schemes is to defeat the ia rtias ,S
adVOca te them. 'NaI