davidaulloa/AmericanStories huggingface dataset:
Omaha daily bee., 1902-02-23
]. L. & SONS
PLANNING TOSAVE INTEREST
Legal Obstacles in Way of School Board
Economical Scheme,
WILL TRY TO ARRANGE WITH BANKS
Employees VIII Find 1T Difficult, How
ever, to Observe Recommendation
that warrants BE Cashed
at Particular Places.

There was a meeting of the finance COM
mittee OF the Board OF Education Friday
night to consider the proposed reduction OF
interest on warrants. It was suggested by
one of the members that the amount OF
money due on salaries be issued in one
warrant, that warrant to be issued to a
bank which would allow a rebate of 2 per
cent on the 2 per cent interest allowed by
law and the employees to be paid their
salaries by checks upon hat bank. This
proposition was submitted to the attorney
Of the board for an opinion and he replied
that the plan could not be legally operated,
as the law requires a warrant for each ac-
count low
1t was then suggested that the treasurer
pay the warrants from any funds on hand
and turn the paid warrants over to the
bank. which will advance money to re-
plenlsh the funds from which the warrants
were originally paid, the warrants to be
redeemed and cancelled when the specific
funds for the purpose are available. The
attorney vetoed this plan. saying that ac-
cording to law when the treasurer had
once paid a warrant it was ipse facto can
ceIled and could not be deposited as coll
lateral.
These two plans having been declared
impossible under the law the committee
decided TO make an agreement with the
banks to recommend tina: al employees sell
their warrants TO the banks which agree
to accept less than z per cent interest.
Plan Not Exactly Clear,
There is one difRculty with this plan,''
said a member of the board, land that is
that many OF the employees discount their
warrants before the salary is earned. II
seems impossible for them to live from
month to month on the money they receive.
They get behind and seem to make no eff
fort TO catch up. The result is that they
patronize the salary loan companies, sell
their warrants at a heavy discount early
in the month and when the warrants are
paid the money goes TO the loan companies.
The banks cannot do this kind Of business.
and many Of the employees Will find It dih-
cult 70 respond to the recommendation OF
the board in this respect.
1T would be a good thing for these en-
ployes In the long run II the board should
adopt stringent measures in this respect.
They now lose a large part OF their salary
by discounts. / have seriously thought OF
introducing a resolution to the effect that
no assignment OF salary by employees would
be recognized by the board and that con-
tinued attempts to assign salaries would be
cause FOR dismissal. Such a resolution
might appear hard upon some deserving
people at first, but II would simply mean
that the employees are TO be protected from
themselves and from the ShylOcks who
profit by their desire for money before II
10 earned.
"If such q resolution were adopted we
sopld hsDprobah1 ATThnge-Eith b s-bAnkS
Omaha daily bee., 1902-02-23
CLUB FEAST
CONTINUED from First Page.)

pious examples. George Washington was
human. We can learn hat he bet on horse
races and at cards. that he loved to dance,
that he delighted TO bask In the smiles of
charming women, also that he had a violent
temper. Others may prefer to hear the
story of the cherry tree.
"All this may be true, but neither side
OF him should be made the groundwork Of
the history of the true George Washington.
II we are to be hero worshipers we must
be careful not to be idolaters. In canon
izing our heroes for virtues they do not
possess We endeanger their name and
fame.
George Washington was not a student,
a great reader nor a scholar, but he was
a soldier, a statesman and a patriot. His
pen was not facile nor Of lyric grace,
yet he could entwine the Stars and Stripes
with the lilies of France over Yorktown.
Excessive devotion to science. literature
and art sometimes tends to the develop
ment Of acumen rather than breadth.
Washington was natural and, therefore,
not ~outrageously virtuous. There have been
wiser men. and yet he shut out OF his heart
grief. fear, malice. covetousuess and effem-
macy, and. therefore, he had virtue that
we can not only admire. but can initiate.
N0 uUuA0 UO LulnhA0 vi II NE4O
George Washington. with mortal loves and
passions. not only worthy Of limitations.
but also Irritable. Through all the track
less years he wore the white flower of a
blameless life. His heart was never the
seat OF factional disputes, OF personal ambi-
tions. of petty strife"
Destiny of the Flag.
W. H. Gurley was the third speaker. His
subject was the Destiny OF the Flag"
General Henderson then announced that in
asmuch as the hour was early and General
Macarthur had been set to speak on a theme
OF intense interest to all, he had requested
four gentlemen present to discuss the same
topic in nve-minute speeches. II was Our
Interests In the East Gilbert NJ. Hitch
cock opened the informal debate. He said;
'In the acquisition OF these eastern in
terests we have suffered a tremendous loss
OF long cherished ideals. In securing the
islands for material gain we have sacrificed
the principles OF our forefathers. The only
way TO regain that high moral plane is TO
cast them away. Let US abandon the Phil
ippine islands before we lose anything
else"
F. A. Brogan followed, saying: rs Il
true hat We are wrong in our policy re-
garding the Philippines? / consider that
the Interests OF nations are identical with
the duties of nations. just as the interest OF
individuals are the same as the duties OF
individuals, SO the interests OF this nation
in the Philippines are a fulhllment Of its
duties there. An individual who lives a
hermit is not fulfilling his duty. Neither is
a nation. Better nifty years Of the American
nAss schools mechanics hEentora and etE-
Omaha daily bee., 1902-02-23
PICKS OUT WESTERN AS EASY
Harry Quinn Says the League Il
Doomed to Financial
Failure.

INDIANAPOLIS, Feb. % Presidert
Harry Quinn OF the Milwaukee Base Baii
club was here today with Manager Wat
kins. He says there Is no chance for the
Western league to make money. He said:
Monday morning / will begin to spend
$4,000 on a new stand in Milwaukee,. NV
partner has a little cash up his sleeve. He
Is Charley Clark, and a few thousand is
nothing TO aim. He would not want any
start a base ball war In Milwaukee,
Omaha daily bee., 1902-02-23

Figures taken from a table compiled by
the New York Spectator, the leading in
surance publication Of the country, show
that the year 1901 was one OF general pros
perity for the IRE insurance companies.
The table is made up from sworn state
ments fled with the New York Insurance
department, and. while issued in advance OF
any state report, must be accepted as &C
eurate. In the compilation 10 American
and thirty-eight foreign fire insurance COM
panies are concerned, and the totals given
are the totals Of their business In the
United States. All the principal and
nearly all the minor companies are con-
cerned in the report, but none of mutuals.
During the year 1901 the 40 American com
panies reporting paid dividends to stock
holders amounting to $6.SOs. 762. on a capi-
tai stock OF $54. sos, s75. an increase Of
s21, $3.50 in dividends on a capitalization de-
creased by S2,55O, 900 from 1900. The divi-
dend rate for these companies according TO
these figures is a little more than 1l.57 per
cent.
The total assets Of the 14s companies on
January 1. 1902. Is reported as 1922. 14S, ITO.
OF this amount ST.. 1s5. 6O7 is credited TO the
thirty eight foreign companies. leaving
$247 .007, 563 for the 10 American com
panies. The net surplus OF all the COM
panies on January 1, 1902. was 500, O12, 2s7.
and on January /. 1901. IL was S106, 9s4,4lS,
an apparent decrease for the year OF S972,-
ISL. AS a matter OF fact, the surplus OF
the American companies increased during
the year. On January 1. 1901, the surplus
OF the American companies was S75. 072. SIT,
and one year later they reported surplus
Of SIS, SIS, 1856. an increase for the year of
$447, l19. On January l. 1901. the surplus
reported by the foreign companies was
ts1. s11 .641, and one year later it was re-
ported as 1904 .27i. a decrease OF 81, 4l9.-
go. This makes the net decrease In net
surplus for the year 1911. ISL. in spite Of
the healthy increase shown by the Ameri-
can companies.
-
During the year 1901 the premium income
Of all the companies was s165 .292. 375, While
for 1900 It was but t14s, AS, $50, an increase
fe9 thu yeAx * aIs,e4e.e66. ina total
Omaha daily bee., 1902-02-23
J. L. BRANDEIS & SONS

The republican practice of protection is
based on the right 70 use the powers of
soXernment TOT lhdlyloual purposes.
we believe in hard money-the money of
the constitution, and are unalterably op-
posed to irredeemable paper currency.
New York will be the great battle-ground
Of the campaign of 1904. Mr.. Roosevelt will
be nominated for president. 1t is true that
with unseemly haste and before the burial
Of the late president he publicly announced
that he would not be a candidate, but soon
thereafter he retracted the statement.
Omaha daily bee., 1902-02-23

etc .Ss
If this is not sufficient. take another
comparison:
Total premiums collected. ....... .S165, 2s2, s7b
Total disbursements, including
uiVloenus l64,4O3,O
Excess of premiums over all dis
Dursenents $500
1t may be argued that the amount paid
for dividends is not great when the total
assets OF the companies are taken into
consideration. The dividends paid are sim
ply calculated on the capital stock, which
In case OF the American companies in
volved in the present report is 1884, 500. SIS.
On this sum s6.Sos. 1872 was paid last year,
or a rate OF interest on stock holdings
amounting to a little more than 1l.57 per
cent. Total assets Of American companies
are $247, 0O7, 1858. Deduct from this the
amount Of capital stock Of the companies,
and We have a showing Of accumulated
earnings which amounted on January 1,
1902. to s1S2. 6O4. SIS. These assets are sup
posed to be a guaranty that the company
will pay its losses. As a matter of fact,
they are merely an accumulation Of excess
earnings, the premiums collected being
sufficient to pay all losses. the expenses OF
management and the dividend Of nearly Il
per cent on the capital stock.
II the assets Of the companies really
represented an investment on part OF the
stockholders, the income is still sufficient
to pay handsome returns. Here are the
figures on this point for the 14s companies
involved for 1901:
Total income for the ear.......... $lT7. 529. 1Si
Total disbursements for the year. l64, S,Os4
Excess Of income for the year. s -, 126, O51
Total assets OF all companies. ... 322, l43, no
Total net income, including divi-
dends paid by American COM
panleS 1StofsoAo
Per cent Of income on assets...... so
Six per cent net is usually considered a
good return on money invested. In this in
stance owners of American Fire Insurance
company stock are drawing 1857 per cent
on the face value OF their stock holdings,
and secure 6 per cent on the total assets
OF their companies. which amounts to al
mOstAHertimes the face OF their stook
Omaha daily bee., 1902-02-23
~ ''77" PREVENTS PNEUMONIA.

~ EFT" PREVENTS PNEUMONIA.
n seems 30 simple for anyone to risk
having the Grip or Pneumonia, with per-
haps . weakened constitution forever after.
when they can positively be avoided and
prevented by the use OF SEVENTY
SEVEN C'77'O. DR.. Humphreys Precious
Specific for the cure Of Grip and Colds.
The best results are obtained by keeping
'7T~ handy ut nts the vest pocket), ana
taking a dose at the nrst hill or shiver.
Taken early. it cuts It short promptly.
Taken during its prevalence. preoeeupies
the system and prevents it's invasion. Taken
while suffering. relief is speedily realized,
which is continued to an entire cure. Al
druggists. use. or mailed.
HgmphrsyS' Med Co. a John St. New
-
Omaha daily bee., 1902-02-23
BOSTON STORE

to take the warrants of the teachers. for
while some of them are financially able to
carry their warrants until there is cash on
hand to pay them, the majority need the
cash as fast as warrants are allowed"
The subcommittee appointed by the
finance committee of the Board Of Education
to make arrangements with the banks was
instructed to report to a meeting of the
noon.
Omaha daily bee., 1902-02-23

During the year 1901 the premium income
of all the companies was sl65 .2s2. SIS. while
for 1900 It was but tl4s, AS. $40. an increase
toE thu yeAx ~ sls.s4e.s66s ana totsl
Omaha daily bee., 1902-02-23

Excess OF premiums collected. 3 6s,2
Per cent Of premiums collected
returned to policy holders
Per sent OF premiums left to pay
cost OF management dtYoendas
Omaha daily bee., 1902-02-23
49, U--..@-~o D~ofs%~ How the Companies Pospaedl
Tire AIASIl dBASO III During the Year, 1901

premium income Of the American compa-
mics for the year was $114,O III and in
1900 It was but SOL, $50. 31s, IN increase for
1901 OF $12.69 799. During the year the
foreign companies collected in America
premiums amounting to $51, 244, 25s, while
during 1900 their income from premiums
was but 345. O92. 2O2, their share OF the in
creased collections during the year being
So, 152, 066. The total income of all the COM
panies for 1901 was SIT, 529, 1876. OF this
sum 1928, SOC, 406 was collected by American
and $685. 1872, 729 by foreign companies. This
shows that the American companies col
lected S9,75S.0ss from other sources than
premiums and the foreign companies
$2,47S,471.
Losses paid in 1901 by all the companies
are reported at 500. 900. 932, and for 1900 at
$s2,472,967 an increase FOR the year In
losses paid OF $4,52S.9 65. American compa-
mics report losses paid in 1901 at $6S, 1851. 991.
and for 1900 at $63, SIS, $40. an increase for
the year Of but $42s.1s1. while the foreign
companies show losses for 1901 OF s33, O3s.-
s41 and for 1900 OF S2s. 944. 157. an increase
OF &4,O94. 7S4 in losses paid for the year.
Total disbursements for the year by the
American companies are given at s11S, $685.
- 1A4 " - 90 Nr
O69. 226. a grand total Of S164. 4OS. Os4. This
leaves a balance OF total income to be car
ried over into 1902 Of s1s, 126, O51. American
companies carry $40. 472,54s Of this and for
eign companies s2,653,5O3.
Very little analytical examination OF
these figures will serve to show that the
emand for an increase In rates to meet
recent losses in the east is based more on
a desire TO continue earning large divi-
bends than the necessity Of raising money
TO meet losses. The present ratio between
losses paid and premiums collected is great
enough to meet the demand for indemnity,
as will be seen by these figures for the
year 1901;
Premiums collected ..........""..&6 1855
Losses paid W,S5o'Soz
Excess OF premiums collected. 3 &,25,4 Az
Per cent of premiums collected
returned to policy holders....o-.. b.1
Per cent OF premiums LETT 70 pay
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08
Resisting an Officer.

S. A. Judd and George Vallou,
recent arrivals from Seattle, are
under arrest on the charge of as
saulting and resisting an officer
while in the performance of his
duty. On Sunday morning Judd
assaulted his wife and she had him
arrested, but withdrew the charge
upon condition that he restored
her some property consisting of
whisky, wagons, teams and etc,
amounting to the value of $500.
This Judd did, and then began
looking for his wife with the evil
dent intention of assaulting her
again. She threw herself under
the protection of Hockersmith, at
the Idaho Feed Yard, where they
were camped, and Village Mar
shall H. G. johnson started
to arrest him, when Vallou in
terfered and held his arm while
Judd brutally assaulted the mar
shall. Both were arrested and
lodged in Jail, where they set fire
to the bedding and came near suf-
locating. but were finally extri-
Gated. What with the fumes of the
smoke and the whisky they had
drank the criminals were pretty
badly used up, SO much so that
their trial has been postponed be-
cause of the physical incapacity to
attend. I he date has been set for
today.
The parties arrived here from
Seattle en- route to Thunder Noun
tain with a stock of liquors. Mrs.
Judd found herself unable to en-
dure the hardships of the trip and
wished to forego the journey, which
enraged Judd so that he committed
the assault. The parties are said
to have been only recently divorc-
ed, but joined forces again for the
purpose of making the journey to
Thunder Mountain, the stock of
liquor having been purchased by
Mrs. Judd. The public is not
much interested in these details of
marital infelicity, but it is well
that a severe example should be
made of the ruflianly conduct of
these toughs in resisting and as
saulting an officer in the execution
of his duty, and it is the general
hope that they will be given the
maximum penalty.
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08
New Village Trustees.

The new city council met Satur-
day last with Fred White as chair
man.
After approving the minutes Of
the last meeting the board settled
down to filling the appointive Of
fees. There were five applicants
for the marshalship-W. G. Brown,
J. w. Hockersmith, Levi Castle,
H. G. Arbogast and b. E. Ham
rich. Mr.. Brown was unanimously
elected to the position.
There were four applicants for
night watch-C. w. Nickel, j. L.
Briscoe, A. Luellen and Chris
Keefer. Mr.. Hamrich was elected
he having received 3 votes, Hook
ersmith l and Briscoe /.
No appointment was made for
attorney and clerk. The appli
cants were: w. II. Casady, Clay
McNamee, 7. H. Bartlett, c. H.
Nugent and A. S. Hardy. A vote
being taken, it was found thai
Hardy had received 2 votes, Gas.
ady 2 and Nugent l. Thereupor
the board postponed further actor
until next meeting.
Messrs. Norwood and Wagner
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08

5000 feet of Cotton and Rubber
Hose to arrive next week at our
store. If you don't believe we
have some low prices just ask.
II. & III. Hardware Co.
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08

Messrs. Aime Kanaert, Louis
Venzac and Georges Lecoq, of Spo-
kane, old friends of r. Cote, ar
rived here Saturday and are out
fitting for Thunder Mountain,
where Mr.. Kanaert will open a
saloon. Their outfit cost over $1,000
exclusive of the IL horses which
they are taking by way Of the state
bridge.
The business men of Kooskia
(Stuart ?. 0. have organized q
Business Mems Association for the
purpose of promoting the best in
terests of the town and surround
ing country. They have fine
field to work in, and we trust they
will never weary of well-doing.
The Stuart Mountaineer reports
that a surveying party left Greer
last week to make surveys up the
Middle Fork of the Clearwater via
the Lolo pass and expect to be gone
dli buuutI Huu0ihS AOi - PioCViS0-
BILE railroad route for the contem-
plated Northern Pacific cutoff to
Missoula.
II. +. Heppner spent Sunday in
town from the III. E. p. placer
claims on Salmon river, and is very
much elated at the way these prop.
critics are turning out. He was ret
icent as to the amount of bullion
he brought out, but the smile on
his face was simply immense when
he was asked how much.
o. Chinn, Japanese drummer,
was doing business here last week
in the interest of a Japanese i'm
porting house which makes spe
cialty Of handling mating aud
Chinese and Japanese novelties
He took many orders and promised
to include Grangeville in his an
nual rounds.
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08
N. & M. Cash Store
LEVI MAcEE

r. w. Thompson, Of Lucille, has
returned from an all-winter visit to
his several farms in the neighbor-
hood Of Pullman, WASH, and left
Monday for his placer mining claims
on Salmon river, wher he will spend
the summer doing development
work.
]. D. Boyer, the Elk City mining
man, is expected here daily from
San Francisco, where he has been
to purchase hoist for the Galena
properties he is developing in Elk
City district for New Jersey people.
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08

are applicants for the treasurer
ship, Mr.. Wagner volunteering to
do the work free OF charge to the
village.
Bills were allowed as follows:
John Briscoe, IA nights as
special police. 49,. ~. S2S 90
+. McBroom, printing ordi-
w. IL. Campbell, lumber so
ID. G.. Van Buren, electric
iiSutS.. DO w
Committees were appointed us
follows:
Health-Foster, Brown, Ingram.
Finance-Brown, Foster, In
gram.
Streets and Sidewalks Kicker
son, Brown, Foster.
Cemetery-Ingram, Hickerson.
Water, Fire and Light--Foster,
Hickerson, Brown.
The chair was instructed to no.
tify w. B. Trueblood to move the
fence SO as to fence the dump
ground out of Aram's field.
Adjourned to Saturday, May 10.
Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1902-05-08
THE FERRY WILL Be BUILT
Contract Let to P. c. BrOWn-To Be
Finished by June 1.
THE SOUTHERN ROUTE lMpASSABLE
Heavy Travel Going in by the
Crangeville Warren
Gateway,

A. L. Reynolds returned Tues
day from his trip up Salmon river
to the site of the state bridge for
the purpose of looking over the sit
uation with the view of putting in a
ferry at that point. He found
good ferry site at point about 600
yards above the bridge, and was so
well pleased with the outlook that
he has already contracted for the
lumber and timbers, and the work
will be undertaken by p. c. Brown,
who has the reputation of being the
best ferryboat builder in this coun-
try, and who has built all the
ferryboats now in use along the
lower Salmon. The boat will be a
pontoon, and the sawmill on Fall
creek will be called on to furnish
the lumber, while the big timbers
will be hewed up the mountain and
snaked down to the stream. The
cable which was formerly used in
the operation of the old Shearer
ferry is to be utilized, as it is al
ready at the bridge and in good
condition, and Mr.. Reynolds says
he will have the whole outfit in
shape to cross the travel by June !.
The approaches to the ferry on
both sides Of the stream will cost
about $500 to excavate. The boat
will be of such capacity as to cross
six-horse team without unhitch-
ing. Mr.. Reynolds is satisfied
with the site and the outlook in
general for doing good business
and is rushing the work as fast as
men and money can do it, The
citizens of Grangeville, with their
usual hberality, have subscribed
$500 toward the enterprise, and it
goes without saying that the money
will be well spent, as the bulk of
tie Thunder Mountain travel is
bound to follow the state wagon
road to Warren.
Mr.. Reynolds says there are
number of people coming that way
who started in over the muchly-
advertised Weiser-C Council route,
and who have been unsuccessfnlly
bucking snow on Secesh summit
for the past three weeks without
getting trail opened, and they are
now coming from Meadows down
the Little Salmon and up the main
stream to the bridge crossing.
What with the snow on Secesh
summit and the numerous fords
of the Payette river, with the high
water which prevails in that stream
from now until the middle of July,
the Weiser route may be consid-
cred impossible for the next sixty
days. The Weiser people have
made a big bluff for the Thunder
Mountain travel, and have made a
good fight under extremely disad-
vantageous circumstances, for the
best, the easiest and the shortest
route to Thunder Mountain is from
growing Grangeville over the old
state wagon road, which, as we
have once or twice before repeated,
has been travelled and packed over
for the past 40 years, and has old
established stations every few miles
where the travellers can get all the
accommodations and comforts of
civilized life.