davidaulloa/AmericanStories huggingface dataset:
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08

parity of value. Evidently. the people
have understood, as they are justified in
doing, that this statute authorizes tho
redemption of silver and silver certifl-
Gates in gold whenever necessary for
the maintenance Of parity. Nothing
short of this assurance would have car
ried us through the period to which
have referred.
One well recognized weakness, how
ever. has been strongly emphasized
our currency system Is nonelastic. II
does not respond 10 the varying needs
Of seasons. or Of localities, or of chang
ing conditions of business. This admit
ted defect should be remedied- But in
remedying il no measure should be con-
sidered that viii in anywise weaken that
which is now stable, and no element
should be injected that will cause dis,
trust or doubt. Fortunately. at the
present time no recipient of any of our
several forms Of money stops TO exam
Inc its character. 1t is all known to
be as good as gold, for the credit Of
the Government is pledged 10 maintain
its parity with gold. No act should be
passed authorizing the issuance Of any.
thing less safe and secure
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
Secretary Shaw IN Annual
Report Shows Monetary
Regulations Do Not Re
spond to CountrY's Needs.
IN VIEW OF CONDITIONS
SHOULD CHANGE LAWS
Estimated That Revenue VIII
Be Sufficient for Fiscal
Year, But Deficit Promised
for 1905.

In spite OF the severe tests to which
the country's currency system has been
subjected in the past fiscal year, the
crisis is now past, and no occasion for
alarm exists, according to the views Of
Secretary L NJ. Shaw Of the Treasury
Department, as expressed in his annual
report TO Congress made public today.
At the same time, the need Of remedy
ing the non-elsstic nature of the cur
rency system is strongly emphasized.
This remedy, 1t is held, should be so
conservative as in no way to impair
stability.
Secretary Shaw estimates the Govern
ment VIII have a surplus of S14.OOO.OOO
for the current fiscal year. but a deficit
of over s23 900. 900 for the fiscal year of
1905. The total estimated revenues for
the fiscal year now current are 1914. 767.-
6e4. and the total estimated expenditures
$500. 7s7, es4
1t is explained that upon the basis of
existing laws the estimated revenues of
the Government for the fiscal year 1906
viii be 500, AZ, O6O72. The total esti-
mated appropriations, exclusive Of sink
ing fund for that fiscal year. are
s727. 474. 2G6.79. One Of the items in
the miscellaneous list for the fiscal
year 1905 is S1s,O17, 5Sf for the District OF
Columbia
The total receipts Of the Government
from all sources for the fiscal year end
ed June 80. 1903, were S694. 621. 117.e4. and
the expenditures for the same period
were 500. s2s. 45O.2S. showing a surplus OF
So. 297, 667. So
Compared with the fiscal year 1902. the
receipts for 1898 Increased $1O.29 .S3T.17,
but there was an increase Of $47. 2s4. 545. IS
in expenditures. Items of this increase
in expenses were $16145. 2e5.7S for the
civil establishment. ST. O.147.O6 for the
military. and $16se4. 1886 for the naval
establishment. Salaries and expenses of
the District OF Columbia decreased S779.-
7oI
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
CURRENCY SYSTEM IS.
PUT TO HARD TESTS
BONDED DEBT
REDUCED BY Sl,279,3OO
Purchase of Bonds and RedempOnS Since Close Last Fiscal Year
Amount to S58,75O-The Outstanding Obligations on
This Account Now Aggregate $l2858, 500

The net expenditures on account of
the District of Columbia, as given in
Secretary Shaw's report. for the fiscal
year 1903. were SS.534, O37. %. The net
revenues deposited in the Treasury on
this account for the same period were
S. 16S. OBS. IS.
In the fiscal year $50 per cent bonds
for $500 were issued and sold, and the
proceeds applied to the payment OF a
judgment against the District. The
amount Of debt retired. including the
bonds called for redemption on which
interest has ceased. amounted to
81. 2S2, 500, resulting in a net reduction Of
$1.279. 800 in principal and SIS. 441-40 in the
annual interest charge of the bonded
debt.
Since the close of the fiscal year the
debt has been further reduced by the
purchase of 3.65 per cent bonds for
$45, $50, and by the redemption of $4,000
in per cent water stock bonds matur-
ing July 1, 1903. The total bonded debt
now outstanding is S12,s5s, 500, consist
ing entirely of $50 per cent bonds.
The total issue of 3.65 per cent bonds
is limited by law to $4,000. 600. and Of
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08

this sum s14.s72SOO has now been is
sued.
Title to the new site for the proposed
hall of records, square 143, will soon
be perfected, says Secretary Shaw.
Relief from the crowded condition in
which the department buildings now
are, because of the accumulation of
records, is said to be urgently needed.
The installation of a pneumatic tube
system of a comprehensive kind, be-
tween the Treasury Department and its
widely scattered branches and bureaus
and the several departments whose ac-
counts are audited in the Treasury De
partment is recommended.
As to the National Bureau of Stand
ards Buildings, the report says:
Pending completion of its two new
buildings, the work of this bureau has
been carried on in temporary quarters
in the Coast Survey and Butler Build
ings. and at 2S5 New Jersey Avenue
southeast. The new mechanical labor
atory Will be occupied in a few months,
and the construction of the physical
laboratory. begun in March, is well
under way"
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
SUBCOMMITTEE At WORK
ON APPROPRIATIONS
Legislative, Executive, and Judicial Bill
Now Being capitalization
Measure Next in Turn.

The legislative subcommittee of the
House Committee on Appropriations
held its first meeting this morning, and
began the work OF preparing the new
legislative, executive and judicial an
propriation bill, which will be the first
Of the big appropriation measures to
be reported to the House.
The pension appropriation bill Will
next be taken w, and It is expected
that both these measures will get be-
fore the House and probably be acted
upon before the holiday recess. The
committee has perfected organization
and chosen as clerk Jane. c. Courts.
who has filed the position for many
years. BY his efficient service and
thorough understanding of the work
Of the committee Mr.. Courts has made
himself invaluable to that body. The
following assignments have been made
to the various subcommittee:
Sundry Civil-Hemenway, GrIlett.
Gardner, Benton. and Pierce
egislative-Bfngham. Littauer, Gil
lett. Livingston, and Taylor.
District of Columbia-McCleary. Bur
kett, Gardner. Pierce, and Benton.
Pensions-Van Voorhis, Brownlov
Marsh. Underwood, and Brundidge.
observation-disclosures. Marsh. Smith
Taylor, and Brundidge.
Defcien cies-H Van Voo--
his, BErkett, Livingston, and Under
wood.
Permanent Appropriations-Bro
Smith, Bingham, Brundidge, and Taylor
lor.
For several terms Mr.. Benton Of
Missouri has been the Democratic con.
fierce on the District appropriation bill.
but he has now been advanced and will
be the minority conferee on the sun
dry civil bill. Mr.. Pierce OF Tennessee
will this session be the minority con,
fierce on the District bill. The Repub-
Iican conferees viii be Mr.. McCleary and
Mr.. Burkett. as in the last session.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
is 1T CURABLEP
A Question Often Asked by Those At
hicted With Piles.

~-~-~s " I'll U.s.
Is a strained joint durable? Is local
Inflammation durable? OF course. If
properly treated. So is piles.
People often become afflicted with piles
and ask some old chronic" who has
always persisted in the wrong treat
ment, and naturally he discourages them
by telling them that their case is hope
less.
They in turn discourage others. and
thus a disease that can in every ca
be cured by careful and skillful handling
is allowed TO sap the energ! of thou
sands who might free themselves OF
the trouble in a few days.
Pyramid Pile Cure will cure the most
aggravated case Of hemorrhoids in an
astonishingly short time. 1t relieves
the congested parts. reduces the tumors
instantly, no matter how large: allavs
the Inflammation, and stops the aching
or itching at once.
Thousands who had resorted to OK
pensiVe surgical treatment have been
cured by the Pyramid Pile Cure-in a
number Of instances persons who had
spent months in a hospital under a pile
specialist.
II is a remedy that none need fear 10
apply even TO the most aggravated
swollen, and infiamed hemOrrhoidal tn
mOrs.
If you are afflicted with this stub
born disease you can master Il and
master it quickly.
This remedy Is no longer an expert
ment. but a medical certainty and fs
sold by druggists everywhere for 80
cents a package.
Write Pyramid Drug Co. Marshall
Mich, for their free book on the cause
and cure OF piles.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
STOCK MARKET AFFECTS
THE MONETARY SYSTEM

An interesting feature of the Secre-
tary's report is given over 10 observa-
tons of q brief nature on Our None
tary System" Mr.. Shaw says:
-'Our currency system has been sub
5ected during the year TO some very
severe tests. Unprecedented prosperity
encouraged the natural optimism of our
yeople TO such an extent that property
OF all kinds found ready and eager buy
ers at figures phenomenally high. A
condition. therefore, existed which Of
necessity could not last. Within a year
the market value of stocks and bonds.
slle proper and legitimate holdings of
the people. has deprecated IN an amount
estimated far in excess Of the cost of
four years devastating clvH war.
Notwithstanding this enormous and
4nconceivable shrinkage It has not af-
fecEed in noticeable degree other classes
of property. Banking institutions have
exhibited no suggestion Of weakness.
few business failures have occurred.
there has been but a slight curtailment
IN commercial enterprises very little
apparent hardship. and absolutely no
fear Of any depreciation IN any form Of
currency. To all appearances the crisis
is passed There now exists scant rea-
Hp-A AOk AbAA Nl4EAASADil- no OCCa-
sion for alarm.
To Redeem Notes.
by the provisions OF a very wise act
OF Congress approved March Il. 1900. II
was the duty Of the Secretary OF the
Treasury TO redeem United States notes
and Treasury notes In gold on demand
and 20 maintain all forms OF money is.
sued or coined by the Government at a
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
ON FOOD
&c Right Foundation Of Health.


Proper food IS the foundation Of
health. People can eat improper food
for a time and not feel any IL. results
until there is a sudden collapse Of the
digestive organs and then all kinds Of
trouble follows
The proper way out Of the difficulty
IS 20 shift to the pure, scientific food.
Grape-Nuts, for II rebuilds from the
foundation up. New Hampshire wo-
man says: Last summer I was sud
denly taken with indigestion and severe
stomach trouble. and could not eat
food without great pain; my stomach
was so sore / could hardly move about
This kept up until 1 was so miserable
life was not worth living.
Then a friend finally after much ar
gument. induced me 10 try Grape
Nuts food and quit my regular food.
Although 1 had but little faith l com
mencec 70 use II. and great was my sur
prise 10 find that ] could eat IL with
out the usual pain and distress in my
stomach. So I kept on using Grape
was shown, Tor my stomach was per-
way without pain or distress.
very soon the yellow coating disaD-
peared from my tongue the duh heavy
feeling IN my head disappeared. and my
mind felt light and clear; the languid
tired feeling left. and altogether. I felt
as II had been rebuilt. Strength and
weight came back rapidly. and ] went
back 70 my work with renewed am
bition. Today ] am a new woman IN
10 this natural food Grape-Nuts'
Name given by Postum Co, Battle
Creek, Mich.
Look IN each package for a copy of
the famous little book, The Road to
Wellville."
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
MhYOR-ELECT MCCLELLAN
THE GUEST OF HONOR
New York Democrats About
Festal Board.
SIGNIFICANCE OF ELECTION
Representative Sulzer Says It Makes
State Safe IN the Next Ma
tional Contest.

The Democrats of the New York dele
cation in the House gave a testimonial
dinner in honor Of Mayor-elect McClel-
Ian last night at the Raleigh DR.. VIII
son, OF Brooklyn. presided. The only
absentees were Representative Hearst,
who has gone to California. and Repre-
sentative Bassett, who is i'll.
Representative John Sharp Williams,
the minority leader. was the only
outsider present. He occupied a seat at
the left of the toastmaster, while the
guest Of honOr-Colonel McCellan-sat at
his right The dinner was served in
one OF the private dining rooms Of the
hotel Palms and cut flowers formed tne
~ COTatlOns and a string orchestra pro-
Vided the music. Each man IN the as
semblage contributed TO the supply OF
oratory and Democratic prospects were
painted in glowing cOlOrs.
Harbinger Of Victory.
The recent election in New York was
hailed as a harbinger Of Democratic vic
tory I'm the nation. Representative Sui
ger, dean Of the Democratic delegation
from the Empire State. was the first
speaker, and he was asked 10 tell OF
the significance of the victory in
&C than. Mr.. Sulzer predicted that Col
onel Mcclellan would make one of the
best mayors New York city ever had
He declared that New York would not
be a wide open town, neither would
II be a PuTiJanical town, but CITY
whose administration would be honest.
fearless, bGsiness-like. based on com
mon sense IDEAS and under Colonel Nc
C!ellan. successful The victory of last
NOvem Der, Seid Mr.. Sulzer, was but the
slzirmish battle of 1905; II made New
York surely Democratic in the next
campaign and would make the election
of a Democratic Pres ident possible
McClellan's Reply.
Colonel Mcclellan responded in hap
py manner. returning thanks for tn"
pleasant things said about him and the
loyal support which had been given him
by each OF mis- colleagues. for whom he
had many good words TO say. Colonel
Mcclellan reviewed briefly his career in
Congress. and said IL would be his aim
10 rive up to the expectations OF his
friends in the administration OF the az
fairs of New York city and thus to aid
in bringing about national success next
year.
REPRESENTATIVE Williams. in a ringing
speech, now and then interspersed with
humor, told the New Workers how sue
Of 1904 Mr. Ryan Of Buffalo, the only
Democrat from New York State outside
the city OF Greater New York was the
next speaker. He told what the Demcc-
racy Of Buffalo would do toward carry
ing New York next year
Representative Tim" Sullivan made
a hit by telling his colleagues how well
he liked Congress and Washington and
said It was his ambition 10 make Tor
himself a record which would equal
that of Daniel Webster"
Speeches were also made by Messrs-
GOldfogle. -Scudder, Rider. Fitzgerald.
and the remaining members OF the dele
cation.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
Foreign Competition.
MAYORALTY CANDIDATE
FACES SERIOUS CHARGE

BOSTON, Dec Sowing TO the al
legged defalcation revealed yesterday in
the poor debtors court of DR.. George
y Calvin. Socialist mayoralty candi-
date, a serious split threatens the party
In this city.
Dr. Calvin. who is at the head Of the
emergency hospital, is charged with
defalcation in a suit brought by L F.
Pagani. A warrant is out for his ar
rest.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
GERMANY GRowING FAsr.

BERLIN, Dec. S.-The population Of
Germany in 1902 increased more rapidly
than in any previous year. amounting
TO 9023 12 or 1851 per 1000 The average
for the last ten years was 1855. The
death rate diminished from 2. IS TO 2o.56
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
Gentlenen: So

ntenen:S yaTsag run strength appetite ndaId
Sometime haedas tpughn b break D two after STOPPING had
six bot ties o the is remedy
whe man is n Q
cine t one Up a
Thew emf mot too mt II praise ct gre
The mpanyhB o he rod
haec accomplish
err
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08

per cent of the banks capital. an in
crease Of 13 per cent for the year. and
a greater ratio of circulation 10 capital
than at any time since 1885.
OF the total money in the country
July l. 1903. national bank notes. Sc
cured by bonds and lawful money. con-
stituted 15.2 per cent In 1873 national
bank notes outstanding were nearly
5:45 per cent Of the cOuntry's monetary
stock. but in 1891 the percentage had
fallen to 10H per cent. Reaction from
that point has been slow. and il was
not until 1900 that II per cent was
reached.
On the subject OF mint service. il is
recommended that as the new mint at
Denver will be ready for equipment
the coming year. provision should be
made for the officers. clerks. workmen,
and supplies required to operate a coin
age mint.
The inadequacy of the New York
assay office building is pointed out the
business having increased so greatly.
II is recommended that Congress make
provision for the purchase Of another
site and for the construction OF a new
fire-proof building.
Mint at New Orleans.
The closing Of the mint at New Or
l'ans. or its reduction to an assay office
after June 30. 1904. is recommended. il
is said the deposits of gold at New
Orleans are not sufficient to justify any
other course.
The value Of gold bullion in the mints
and assay offices on June 30. 1903. was
S157, 511,571, and Of the gold coin in the
country, $l,0s2. 01, 1S5. making a total Of
81 ,Z49. 552, 756.
Treating OF loans and currency, the
report says the amount of the interest
bearing debt outstanding July l. 1902
was 1891 ,07O, $40 The amount July l. 1903
was S9i4, 541 40, a reduction OF SIC. 52S. $50
The interest-bearing debt outstanding
November !, 1903, was 1906, n. $50, and the
annual interest charge thereon was sz4. -
$50. ISL 80.
The per capita circulation November l
OF this year was 1883. the population
being estimated at S0946.OOO.
Under the head Of public moneys, It is
said 1i3 repositories were designated in
the fiscal year and discontinued No
vember /, 1903. the number of deposit
tories was SAC and the amount of public
money held by them was $1C7, 329. s41.12.
Treasury Operations
In speaking Of Treasury operations.
Secretary Shaw says the most notIcea bic
features in the condition Of the Treasury
are the increased available cash balance
and the increased holdings Of gold.
Since 1890, the available cash balance
including the reserve. has more than
doubled. rising from $179. 259 S37.ls to
1855 6S6,l HAP The cash In the general
fund increased during the year by
SO. 81. and the liabilities increase
1896, 1850 Thus. the available cash
balance at the end of 1903 exceeded that
of 1902 by SIG, 1875. 753.O7.
"A new record was made in the re-
ceipt Of ali kinds OF money for redemp-
ton and exchange during the year. The
amount paid for was 1864 sos. SCI, an in
crease Of sl4 .22S,315 over the preceding
year.
THE sum of sS5.5O4 $50 was sent TO the
Philippines from May, 1898, TO August 16.
1909 %
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08

To DR.. Kilmer & Co.
Binghamton, \.
oaoers Of the BLnghart0n. \. Y. P0lee Dspartment

If you sick feel badly" begin taking the IA
nous new discovery swamp-Root because
your kidneys they Will help al the
other organs % will convince
Weak and unhealthy kidneys responsible for
sickness and suffering any disease. therefore
whe neglect other kidney
permitted contine fatal results follow.
irritates the makes
irritable. Makes
the day obges you up many times during
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
SHIP SUBSIDY BILL
AGAIN TO BE URGED
Campaign of Education for
the Measure.
DEcADENCE OF OCEAN TRADE
Immense Sums Paid in FreightstO For
eign Subsidized Steamship Lines
by American Shippers.

Though Senator Hanna has evaded
making a positive statement concern
ing the proposal to introduce a ship
subsidy bill at he present session Of
Congress, and although in other quar-
tiers it is said that no such measure
will be considered. the friends of the
idea of upbuilding the merchant marine
Of the United States are leaving no
stone unturEed 10 force action.
1t is expected that a commission will
be appointed as recommended by the
President to consider the needs OF the
merchant marine and to make sugges-
lions upon which Congress will act at
the next session. Shippers and ship
owners. however. think there should be
no more delay, and their organization is
flooding the country with literature
showing the decadence of American
shipping.
Some Startling Figures.
In this literature is one pamphlet in
which figures are given, showing that
the loss is a national misfortune. This
pamphlet shows that the United States
at the present time owns only "A. ass yes
sells. with a tonnage of over 6.0s7, 900.
OF this amount only $4,000 is the ton
mage in the foreign trade. yet forty
years ago. or in 1861. the tonnage in
the foreign trade registered 2.49e. 600. In
the meantime the tonnage Of Great
Britain, which was about equal to the
American tonnage in 1861, has under its
system of subsidies grown TO 5000, 600
tons.
Foreign Competition.
The pamphlet also shows that the diff
ferent classes Of vessels making UP
at present American ocean tonnage are
sufficient to convey only 9.0l per cent
of American imports and exports Toe
remaining business is carried prin-
cipally by the ships OF Great Britain.
Germany. France. Norway, and Italy.
II is also shown that in each and
every case these nations are paying
heavy subsidies to all classes Of vessels.
and the United States is paying an
nualiy from 800, 0O0,O 900 TO 800, 100000 in
freights TO these same foreign owners
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
ASKS ARRANGEMENT
OF CUSTOMS DISTRICTS
Shows That in Forty-fve Districts It
Costs More Than a Dollar to Col
lect Same Amount.

Encouragement of the customs dis
triets is strongly urged by Secretary
Shaw in his annual report. He pre-
sents a table showing that IN forty
five districts of the country 1t costs
more than a dollar to collect a dollar,
and he says legislation 10 put all Gus
toms districts on a business basis is
Imperative. If no legislation Is enact
ed, then the Secretary should be given
authority to rearTange the districts.
At Galena, H.. the report shows il
costs $54o.07 to collect a single dollar.
Tie actual receipts Of the Galena Of
fee for the fiscal year were 70 cents.
and the expenses Of the Office were
s37S. %.
The Secretary especially urges the
correction of \ deplorable state of at
fairs IN the Puget Sound district. He
says there is not a single business rea-
son why Port Townsend should be con.
tinued as port of entry for so great
a custom district as that OF Puget
Sound, and he recommends legislation
authorizing the removal Of the records
to Seattle and making that city the
port of entry. leaving the necessary
force at Seattle to do the work OF a
SUPPORT.
Among other recommendation as to
customs is one that the chief port of
entry in the district Of Alaska, now
Sitka, should be transferred to Juneau,
with which place there is now telegraph
ic cOunr~rufcatfon
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1903-12-08
0f36.9oeolss.>Ae44
2@M mAl.z

night Unhealthy kidneys rheumatism, gravel
srrh Of the bladder. joints
muscles makes your ache ache. causes
digestion, trouble you get saow yell
low complexion makes feel though had
trouble plenty of ambition, strength:
get weak and away
SwampR is pleasant to take and used in the lead
hospitals by physicians private
practice and doctors themselves
recognize the greatest successful remedy
been discovered.
bladder remedy remarkably successful that
who already tried it may sample
kidney bladder troubles and containing
n cured by swamp Root. In writing. be
Times address to DR.