davidaulloa/AmericanStories huggingface dataset:
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
AN EMERGENCY CURRENCY.

The call for an asset bank currency plan
Association of Bankers. at its last meeting,
refused TO go on record in favor Of that
proposition for relieving a temporary strin-
gency such as now exists in New York.
Holland a well-known New York cor
respondent, attributes the present strin-
gency to the prosperity. which requires
more money; nevertheless, the opinion is
very general that if millions of money
were not locked up in transactions in spec
ulative stocks the stringency would not be
as severe as is now reported. Stock gam
bling is a kind of speculation that does
not deeply interest the country at large.
and if the tightness of the money market
only affected the stock SPECTATORS the
public generally would not care. But any
stringency must affect legitimate business,
and for that reason there is a general de-
sire to relieve 1t. The relief is needed in
New York and not far beyond that locality.
but IL the stringency should continue it
would probably affect other portions of the
country sooner or later.
When relief of this nature is needed the
remedy must be prompt, consequently any
measure which requires so much time to
put it into operation as the Fowler PROPOSE
ton would be inadequate. The correspond
ent referred to recalls the method employed
by the New York banks in 1893 and several
times before that year. The clearing house
received the bonds and STOCKS hold NV the
banks. placed a value upon them and is
sued an emergency or clearing house cur
rency to an aggregate amount deemed to
be necessary and prudent. All of the banks
agreed to take this currency while the
stringency lasted. and no bank would per-
NIT its emergency currency to be outstand-
ing unless it could earn more than the 6
per cent. tax imposed upon the clearing
per cent. tax imposed upon the clearing
house itself. During the stringency in 1898
S5O000.000 of such currency was issued and
redeemed without the loss of cent and
without law to legalize such a transac-
ton.
1t is said prominent bankers In New York
and elsewhere believe that If such cur
rency, based upon the securities held by
banks could be issued under prudent regu-
lations by the government, any temporary
stringency could be averted In that event
the emergency currency would be returned
and redeemed by the banks to which it was
issued IN order to escape the tax upon such
circulation which the government would
impose. The secretary of the treasury
would be the Judge of the emergency for
the issuing of such currency. If this plan
could be carried out by an association of
bankers without any law making its con-
tracts binding or it's currency in any sense
legal. why could it not be made successful
under an act of Congress and under the
supervision of the controller of the cur
rency? A temporary circulating medium
based upon the stocks and bonds of a ma
tional bank would obviate the objection to
an asset currency.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Senator Frye has prepared and will in
troduce bill to increase the revenue cutter
service. His bill will provide for about
twenty additional vessels. 80 officers and
LOCO men. The increase is said to be called
for by conditions in Porto Rico. Hawaii, the
Philippines and other new island posses
sions. The revenue marine corps was es-
tablished in 1890. eight years before the
United States navy was. 1t was originally
designed exclusively for peace purposes, to
be used in patrolling the coast, in collect
ing revenue. etc, but it has borne an
active and honorable part in every war in
which the United States has been engaged.
1t has also been very serviceable on the
great lakes.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
Denial that the Business of Congress
Has Been Expedited.


New York Evening Post.
Nor does the later record OF Congress.
under the Reed rules" satisfactorily tear
out the exaggerated claims made I'm his be-
half He himself, in characteristic but dam
gerously sarcastic phrase. thanked God
that the House of Representatives had
ceased to be a deliberative assembly,"
What he meant was that a weapon had
been forged TO force Congress to vastly
greater expedition in a vastly greater
amount of business. But en- inspection OF
the Congressional Record will put quietus
on the pretension. AS a matter OF fact,
the House sees as many bills sink into the
grave as before; wastes as much time. and
has as meager product to show for the
labors Of a session. We have always to
bear in mind the simple truth that Con-
gress is one OF those things Of which IL can
be said that, the more you change it. the
more it remains the same thing. 1t is not
in the rules of the House, but In it's in
herent nature. that the obstacles to rapid
and inconsiderate legislation lie.
"You think, said Congressman Cannon
once. in a burst OF angry candor. that
because i am chairman OF the committee
on appropriations Ii Is my business to make
APPROPRIATIONS. But my duty really is to
what the same may be said OF the House
as a whole. Perhaps its most important
function Is to put hook in the nose OF
impetuous Legislators III every heady and
hurrying representative could drop a crude
bill In the slot and draw out an enacted
law. there would be an end of stable
social order Congress has to deliberate I'm
spite OF itself. IL has TO compel individ-
ual or sectional interests TO submit 10 the
consensus Of the whole country. That is a
thing which could not be done by con-
gressional machine turning out statutes as
a press throws off printed sheets. Speaker
Reed did not really create such machine.
despite the loud assertions OF the time: and
il is just as well that he did not. No doubt
he facilitated the majority's having its way
sharply and decisively when IL knows what
IL really wants; but I'm the matter Of sheer
efficiency" judged by the amount OF work
lone and the time consumed in doing IL,
he left the House very much where he
found n
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

unquestioned merit. thanks to the reflected
glamour of the story, but no competent
critic would say that 1t possesses any dra-
pnatic merit whatever. Yet the people gave
il their Endorsement by the thousands, week
after week. as they sometimes do by buy
ing books by the thousands which the critics
condemn. These experiences seem to con-
firm the old adage that 1.-The proof of the
pudding is the eating thereof" They GER
tainly show that the plain people have
minds and tastes OF their own.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Postmasters' Advocate.
Most people think that Postmaster Cen
eral Wilson is the father of rural free de-
livery. This is erroneous. as the idea was
first started by John Wanamaker when he
was postmaster general. He induced Con-
gress to appropriate $4,000 to try the
scheme. but this amount was not available
until Mr.. Bissell his successor, came into
office. with the change OF administration
General Bissen was opposed to General
wanamaker's idea, and so did not touch
the appropriation. Then General Bissel
was succeeded by the late William l.. VIII
son. who obtained appropriation of a
IKE sum and started the experiment
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

New York Sun.
The papers read at the Council of Jewish
Women, held at Baltimore last week, were
notable for the very considerable intellec-
tual ability displayed in them. but, more
especially, for the profound sense of duty
to their race. which has been awakened
in these feminine breasts by the great and
rapid increase in Jewish immigration to
the United States. Since 1880 about 1000 900
Jews. or one-tenth of the whole number
TO our population, and the immigration,
which is almost wholly from Russia and
from eastern Europe, continues to be
larger. with the prospect that, if unchecked,
il will result in making this country the
home of the majority of the Jewish people.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
Toasting America.

New York Press.
The late Prof. John Fiske liked TO tell the
story of three patriotic Americans who
toasted their native land as follows: The
first-"Heres 10 the United States. bound
ed on the north by British America. on the
south by the Gulf of Mexico. on the east by
the Atlantic and on the west by the Pa
cific." The second-"Here's 10 the United
States. bounded on the north by the north
pole on the south by the south pole. on the
east by the rising and on the west by the
setting sun" The third-"Here's TO the
United States. bounded on the north by the
aurora borealis. on the south by the pre-
cession OF the equnoxes. the east by
primeval chaos and on the west By the dag
OF Judgment
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Bon Bellamy Storer. our minister to
Spain. has done gracious act in entering
Ia public 1snial Of nefarious stories about
the young King of Spain and the Queen
Mother. and he supplements this with some
very friendly statements concerning the
present Cabinet and government. His
statement viii tend to strengthen the good
relations between the two countries.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Pf the West take exceptions to President
Hilrs opinion that the country has reached
he summit o. prosperity and decline may
be looked fer With labor fully employed
IT the high st wages ever paid. with de-
nand for merchandise in excess OF the sup
ply, there can be no immediate danger OF
Pverprcduetion. Mr.. Hill has been in Wall
treet. where the artificial prices of stocks
have been declining. Fortunately, Wall
ttreet is net the country
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

1t IL said the secretary of war will take
|up the question of negro colonization in
Hawaii and the Philippines. and If the con-
|ditions are found to be favorable will en-
courage an emigration movement OF col
pred people. No doubt the secretary's in
kentions are good. but the movement seems
20 be uncalied for. There is no reason why
|Rny class OF native-born American citizens
bhould be particularly encouraged to emf
grafe unless they wish to.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The st. Louis Globe-Democrat thinks that
The Monroe doctrine should be broadened TO
>p extent that the United States should as
south and Central American republics.
fhat would do IL these governments would
lake our advice and avoid revolutions and
breaking international laws. While there
IS little doubt that protectorate would be
he best thing for them. there can be no
Dom for doubt that II would be most un-
ortunate responsibility for this govern
pent 10 assume. Thus far all our efforts
assist them by pan-American con-
presses have resulted In fresh jealousies
Ind indignities.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The foreign steamship companies appear
TO be the most strenuous opponents of any
measure which will restrict the tide of i'm
migration. AS Mr.. Sargent, commissioner
|of immigration. says. there is plenty of Ia
Dor In the country now. and manufacturers
and other employers are not opposing the
restrictions imposed by the bill under con-
|aIderation
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
A Respect for Figures.
Washington Star.

Washington Star.
what do you consider the most important
branch of educator?''
Arithmetic" answered Mr.. Cumrox; give
boy plenty of arithmetic. What blights the ca
reers OF so many young men is the failure to
realize that you can't subtract five-thousand-
dollar expense account from one-thousand-
dollar income"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

A London correspondent says that local
wits compare the war between Great Brit
ain and Germany on one side and venezu-
Ella on the other to fight between two
whales and q wildcat. AS two Of the COM
batants are sea powers and the other a
land power, how are they going to get at
each other?
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The address OF Mr.. Foss, of Boston, be-
fore the Detroit reciprocity convention af-
fords free -traders much satisfaction. Mr..
Foss is a manufacturer who demands free
trade In all the materials he purchases. but
insists upon a protective duty on his own
products. Upon that platform Mr.. Foss
ran for Congress in Republican district
as q Republican and was beaten.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
Subtle.
Philadelphia Press.

Philadelphia Press.
Mrs. Bragg-I gave quite a nice little luncheon
the other day Didn't she tell you?
Mrs. Sly-No.
Mrs. Bragg-Strange! Why, she was one of
my guests.
Mrs. Sly-Yes. she told me that.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The testimony brought out before the
anthracite coal commission more than con-
firms all previous statements regarding the
hard lot and cruel treatment of miners and
fustifying the strike
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The Baltimore American sees in Senator
German a more than Democratic possibility
for the Democratic nomination for Pres
ident He would scarcely be a possibility
outside OF Maryland. To the Cleveland
people Mr.. German would be nearly as OBJ
1ectfonable as Mr. Bryan
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
A New Theory.

Kansas City Journal
"Podkins insists that the Garden Of Eden was
a roof garden"
Absurd! How does he make that out?'
He says that's the only way to account for the
disastrous character of the fall-that they fell
of the roof"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
Human Debris.

Baltimore American.
Mrs. Hornihand-Mrs. Scroggins tells me that
since that litry son o. theirn was throwed over
b. that Goldsby girl he's ben all broke up.
Farmer Hornihand-Yes, ben SEEM his pieces
in tn paper.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
A sympathetic Thought.

Cleveland Plain Dealer.
II see that they have closed UP the matrimonial
agencies in Chicago"
Isn't that too bad? Why, what on earth VIII
become of all those lovely women with large for
tunes in their own names who so anxious to
secure kind and loving husbands?"
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
THE HUMORISTS.
A Philosopher.

New York Times.
'He's philosopher, isn't he?'
Yes That is. he has found out how to be
happy in every other condition but the one he
happens to be in
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

With the announcement that Mr.. Rookie
feller has given away lot of money for
educational purposes the price Of oil has
been advanced 31a cents a barrel. Thus fan
this year the Standard Oil Company has
paid Is per cent dividends to its few share
holders
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

zation- In an age of general progress the
people of these republics are in no better
condition than when they broke away from
Spanish domination.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

sented by the Journal, not for the pur-
pose of indorsing them as a whole, but as
showing the trend of original and indie
pendent thought on great economic ques-
tiop
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

1t will be seen by Washington dispatches
that Mr.. Overstreet is losing no time In
presenting the interests Of this district in
relation to the army post.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Minister Bowen might have remained in
Persia a long time without becoming the
conspicuous and potential parsonage he is
now at Venezuela.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
ew York Mail and Express

Senator Clarks grandson gets 100000
lust because he is a boy. Those who regard
this as unfair TO the opposite sex should re-
member that a little girl Is going to be
born pretty soon somewhere who will get
all the benefit OF that million.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
College of Dialect.

Atlanta Constitution.
Young from universities who have only
classical educations taught Dialect in from
two to six weeks, Those who intend to become
gazine writer's would do well to take a term
with Any quantity Of professors and all
sorts Of Dialect
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

The fact that the play "Ben-Hur'' ran
readily for three weeks in this city and
PAS Witnessed by $500 persons is newrproof
hat the critics and the people often dlsa-
res- AZ . spectacular play the piece has
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Persons sending the Journal through the mails
IN the United States should put on an eght-page
a twelve-page paper 1-cent stamp; on six
teen. twenty or twenty four-page paper. 2-cent
stamp. Foreign postage Is usually double these
rates
All communications intended for publica ton In
this paper must, in order 10 receive attention, De
accompanied by the name and address OF the
writer.
Rejected manuscripts viii not be returned I'M
less postage Is inclosed for that purpose.
Entered second-class matter at Indianapolis,
Ind. postoffice.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
r. Hawley Co. Arcade.

LOUIsvILLE-C. T. Deering. northwest corner
of Third and Jefferson streets: Louisville Book
Co. "a Fourth avenue, and Blaufeld Bros, 44z
West Market street.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

WASHINGTON, d. C.-Rggs House, Ebbett
House. Fairfax Hotel. Willard Hotel.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

street
COLUMBUS. O.-viaduct News Stand. sSi High
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

Can be found at the following places:
NEW YORK-Astor House.
CHICAGO-Palmer House, p. o. News Co, 2l7
Dearborn street; Auditorium Annex Hotel,
Dearborn Station News Stand.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

DENVER. COL--Louthain & Jackson. Fifteenth
and Lawrence streets.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

ST. LoUIs-Union News Company. Union Depot.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15


in the guardhouse He commanded that in
future no man. while in a drunken con-
dition, he punished in like manner. In
stead of undoing the cords from his
thumbs, they were cut away and Dunn
fell heavily upon the ground. not even
awakening from the deep stupor his
head came in contact with the hard ground.
He was then dragged bodily into the guard
house. where he remained until retreat
The officer of the day came down to in
spect the guard. and looking around. failed
to find Dunn. Inquiring of the sergeant
where he was. he was told he was in the
guardhouse. The officer ordered that he be
taken out and made to carry a ball and lift,
the sergeant to execute his order. Dunn
was brought out, and, from the fortunes
already practiced upon him, was unable to
clasp the ball. it constantly slipping from
his grasp. He essayed TO balance IL upon
his shoulders. TO comply with the orders,
in his intoxicated condition. In his en-
deavorto do so he fell swice. once the AZ
pound cannon ball falling directly upon his
chest. as he fell backward. and again as
he plunged forward. the weight OF the ball
giving impetus to his fall he horribly mu-
tilated the entire left side OF his face as II
plowed through the coral sands.
The sergeant. 10 execute the orders re-
ceived. strapped the ball upon his back I'm a
knapsack. bat Dunn. staggering here and
there. caused the material TO give way,
which again. when relieved from the weight
upon his back. caused him TO fall forward
upon his face. At this point the officer ar
rived. and. seeing the mans lacerated face,
ordered him back TO the guardhouse. there
to remain until 5 o'clock. then TO be taken
out and made to carry the ball. This scene
was Witnessed by many persons on the
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
TERMS OF SUBSCRIPTION.

BY Observation-Disclosures and SUBURBS.
Daily. Sunday Included. 80 cents per month
Daily. without Sunday. 40 cents per month
Sunday. without DAILY, $3.50 per year.
Single copies. Daily. cents Sunday, D cents
BY AGENTS EVERYWHERE.
Daily. per week. 10 cents.
Daily. Sunday included per week, Is cents.
Sunday per issue. cents
BY MAIL PREPAID.
Daily edition, one
Daily and Sunday. one year....-.............. 30
Sunday only. one 20
REDUCED RATES TO CLUBS.
Weekly Edition.
One copy go cents
Five cents per month for periods less than
year. No subscription taken for less than three
REDUCED RATES TO CLUBS.
Subscribe with any of our numerous agents or
send subscription to
JOURNAL NEWSPAPER COMPANY.
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15
THE +" REED RULES"

ITO be Continued Tomorrow
The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-12-15

JOURNAL NEWSPAPER COMPANY,
Indianapolis, Ind.

Subscribe with any Of our numerous agents oil
eend subscriptiOn to
The Lamar register., 1902-12-31
Water Power in South Africa.

1t is reported that the industrial
conditions in South Africa demand the
development of large amount OF
power and as a matter OF course, wa
ter power is preferred. This Will de-
velop electrical power which can be
transmitted to any point within the
range of possibilities. There are num-
erous large waterfalls on all the large
streams of Africa, particularly on the
Congo and its affluents and on the
Zambesi river. On the latter stream
the Victoria Falls is the largest in the
world-larger than Niagara. 1t is
about a mile wide and APO feet high.
Even in dry seasons the water is from
two to three feet deep at the crest of
the fall.
The Lamar register., 1902-12-31
A Faithful Friend,

At Albany, N. Y, there lived a
blacksmith whose particular pet is an
English mastiff. One day the black
smith was working at his forge, put
ting new steel in the point of a pick.
Tho steel was slightly burned in the
heating, and, instead OF welding, it
flew into half a dozen pieces. One
piece struck the blacksmith with such
force as to fusten itself firmly in
above the right eye. The blacksmith
staggered and fell backward. How
long he was unconscious he does not
know: but when he came to he saw
the nastiff in the middle of the shop.
The dog was crying almost like a
human being, and was rubbing his
jaws In the dust on the floor. The
piece of steel that had struck the
blacksmith was on the floor a few
inches from the dog. The faithful
animal had seized the hot steel with
his toeth. and had drawn it from his
masters forehead. The dogs mouth
was badly burned. AS for the black
smith, strange as it may seem, he is
in a fair way to recover.
The Lamar register., 1902-12-31
Walks on the Water,

After several years of patient labor
and experiment, Tenby, Pembroke
shire, seaman. named William Lew
eilyn, has invented an apparatus by
means of which he is able to walk on
the sea even in the roughest weather
Llewellyn gave a successful demon.
stration off the pier-head before a
crowd of several thousands people.
The apparatus consists of pair of
large wooden boots, connected in
front with steering gear. With
these boots, which are shaped like
the two parts of a catamaran. Lew
ellyn walked about the sea for nearly
half an hour. The water was rather
rough at the time, but the inventor
seemed to have no difficulty in keep
Ing his balance.