The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1902-01-07
New Secretary Of Treasury
Wears Trousers Without Creases


across the way.
The officially estimated population of
the United States on January l, 1902, was
7S421.oO0 and the money circulation aver
aged $3.50 for each inhabitant. MANY men
with sixty-nine cents will wonder who
mas got MS twent-eight dollars, and then
he will reflect upon the delusive prin-
ciple of averages. The total stock of
money in the United States" is two bill
lion five hundred and forty-four million
four hundred and forty-six thousand
eight hundred and ninety-three dollars
1t sounds digger when you spell II out
without commas. This is more than three
times the sum In circulation January l.
1879, when Secretary of the Treasury
John Sherm an gave force and effect to his
own dictum, 'the way to resume specie
payment is to resume" The circulation
January 1, 1902 was seventy-seven mil
lions more than on January 1, 1901. of
course the Circulation" is not the gen
eral stock of money; there being q diff
erence of about seventy millions In favor
of stocks" But little over half the
gold Is in circulation as gold, and but
about two-thirds of 1t in any form The
total gold stock is nearly one billion two
hundred million, while the circulation in
coin and certificates is about eight hun
dred and fifty millions. of which six hun
dred and thirty-fye million is In coin.
Silver dollars in circulation are seventy
three million, or less than a dollar for
l,,4
gregate nearly four hundred and fifty
million. About thirty million silver dol
lars were coined in 1901, which is about
third of the amount of gold coined.
The national bank circulation is nearly
two millions less than a year ago.
Sometime in the last century many
idle persons accustomed themselves to
asking every person they met to ..remem-
Der the Maine" and making the request
without the usual form of civility 'ff
you please" If these idle ones had asked
everybody, remember the Maine. If you
plase" with a rising infection on the
word please, or please remember the
Maine" with the rising infection on the
name Maine, it would not have been so
bad; but to hold up as 1t were an IN
offending citizen and demand of him that
he remember the Maine" was CARRYING
things trife high-handedly and when
the transformers came around with a
play named Remember the Maine"
a great many honest Americans were
driven to contemplate justifable homo
eide.
But, however, that may have at a re-
mote period of the last century. we are
today assured that the new battleship
Maine is rs per cent completed and are
respectfully requested to hope that the
ship will be entirely completed and that
1t will be Commissioned on the ami
versary of the destruction of its name
sake. February 10. 1909" Let the shin
be completed as speedily as may be but
perish the hope that q most unhappy
international tragedy be celebrated by
any anniversary" unseemliness.
Honored be the dead who die in the SER
vice of their country whether by accident.
sickness or battle; but to cherish and
revive luminosity is to dishonor the brave.
The Rev. Joseph Parker of London
who figures conspicuously in the cable
grams because of his new years message
to the "President-King'' of the United
States, to King Edward, and to other
Industrious personages is the most noted
deadbeat of newspaper advertising in
England or out of 1t. He runs an indie
pendent church of his own called the
city Temple" within the limits of the
ancient city of London, the old munich
pality around which London as we know
or know of 1t has grown. 1.-THE CITY"
as everybody in England calls 1t, con-
tains less than 100000 inhabitants, while
the London Of which 1t is the business
and financial centre contains nearly five
millions OF people. Few persons take
Mr.. Parker seriously, except when he
shakes his long hair for money in small
provincial towns. His much-bounted
MONDAY services for business men, in
the City Temple" are chiefly remarkable
for the absence of business men. The
London and principal provincial newspa-
pers ignore him until he can stand It
no longer. and then he sends a letter
to the king or the German Emperor or
sends message to the President or "the
great American people, and In that
way gets advertising space in English
and American newspapers for nothing.
The worst deadbeating to which Amer
lean newspapers of today are subjected
is done by self-seeking place or money!
hunters who spout rubbish about them
selves. We are all fesaiiiar with this
class.
LUCIEN JULIEN WALKER.