The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1904-02-10
NOW ALMOST $|OO,OOO,OOO,
CASH RESOURCES OF THE
INDIANA NATIONAL BANKS
Summary of Statements Made to
the Controller of the Cur
rency on Jan. p.
INCREASE. IN SURPLUS
Hemenway to Make an Effort to
Extend Life of II. II. Hanna's
Commission.
INCREASE IN SURPLUS
Special to the indianapolis Journal.

sources of the Indiana national banks, ex-
elusive of Indianapolis, now aggregate
nearly $1O0O00,000. This fact is shown in the
statement of the controller of the currency,
giving the returns Of the banks at the
close of business Jan. p. A year ago the
cash resources of the Indiana national
banks were 1866 $50 They have increased
to $99, 1854. Loans and discounts have in
creased from S4951s.5S5 to $52. O35, 1872, and in
dividual deposits have increased about
100000 iii the year, now aggregating 1884,
O49,4 S4- The issuance of national bank notes
has increased from $7,0159O0 to $3.50, $50.
The surplus fund has been strengthened
an increase OF about $225, 600 being reported,
as well as an increase of about $4,000 in
the holdings of gold coin The surplus fund
of gold coin $2,675.5l4. The legal reserve
amounts to 1885 per cent.
An interesting debate is expected in the
House when efforts are resumed to secure
appropriations to extend the life of the
monetary commission. of which Hugh H
Hanna, of Indianapolis is chairman. AS
the matter now stands the commission
would be without support on July l, and on
that date would go out of existence But
Representative Hemenway and other men,
bers interested in the work sought to be
accomplished by Mr.. Hanna and his asso-
ciateS will continue the fight for additional
appropriations. Representative Hill. of
Connecticut, is most active in opposing the
plans of the commission 1t is charged
that the commissioners went beyond their
instructions in dealing with the foreign
governments, and that as a result of agree
ments made by them, if followed by this
government, We would be compelled to
make large purchases of silver for several
years to come. The matter will be thor
oughly aired when Representative Hemen-
way brings 1T up again in the House.
A. A. Young, of Indianapolis, collector of
customs, was presented to President Roose-
welt to-day.
A. w. Wishard, of Indianapolis. arrived in
Washington to-day. He is here to urge IA
claim of the State Board of Agriculture.
based on injuries to the buildings in In
dianapOlis at the time of their occupancy
by state troops during the Spanish war. This
measure, which directs the secretary of war
to make an investigation to determine the
should be paid by the government in reim-
burSement, has already passed in the
House. 1t is now pending before the COM
mittee on claims of the Senate.
L. A. Boyd. of Richmond, arrived here to-
day. He is at the Shoreham
Thomas Shipp, secretary to Senator Bev-
eridge, left for indianapolis this afternoon.
The salary of Melville w. Miller, of La
fayette, will doubtless be increased from
$1,000 to 5000 year. Senator Fairbanks to-
day appeared before the Senate to urge IA
vorable consideration of his amendment for
this purpose.
One of the hottest fights to be put up in
the present session will be over the Hep
burn bill for placing liquor sent into a State
Immediately under the laws of such State,
regardless of the originaI-package decision
of the United States Supreme Court. This
measure passed the House in the last Con-
gress but failed in the Senate. The Indiana
brewers and diStillerS are fighting this
measure, John T.. Lamb, of Terre Haute
and Captain Bieler of indianapolis having
recently appeared before the House COM
mittee in opposition to it, Temperance So
cieties in Indiana are active in pouring in
urgent requests for the passage of the BILL
S. p. Sheerin, of Indianapolis, left for
home this afternoon. He has been in fire.
quent conference with the prominent Demo-
cratic leaders here during the past week
To-day he took luncheon with Senator Cor
man. Mr. Sheerin admitted that politics
was discussed. He is among the Democrats
who believe that Bryan must be laid on
achieved. While he did not say so, Mr.
Sheerin doubtless discovered that Senator
German agrees with him.
There are two members of the Indiana
delegation who stand high in the estima-
ton of the colored population of the District
of Columbia. Both OF them are in de-
mand in the negro churches here Repre-
sentative (srumOapker is regarded as the
savior of the race. Representative James
T.. Watson has a reputation as an exhorter
which extends even into the South. Wat
son is an orator of the strenuous type,
and throws a great deal of feeling and
sentiment into his public addresses. Judge
Crumpacker is argumentative, business
like ia his delivery, and convincing. He
was formerly the choice of negro church
congregations here when they desired a
little novelty injected into their worship.
Now, however, Mr. Watson is beginning TO
get in his work. There is no jealousy on
the part of either of the members in this
connection.
81 believe the government should proceed
with great care before permanent CAMPS
of military instruction are adopted on TIE
comprehensive large scale proposed by Mr..
Root, former secretary of war" said Rep
resentative Holiday, who is member of
the. House committee on military affairs.
II believe that the government should first
MAKE al experiment. BtlOIG
upon such a costly enterprise. One camp
should be authorized, and the results
awaited No particular section should be
designated in the legislation. A particular
zone could be indicated, thus preventing the
government from being held up by land
sharks"
Representative Charles b. Lands is hav-
ing difficulty in securing a man TO take
the postmastershlp at Alesworth, Foun-
tain county. This office pays a salary of
SIS a year Mr.. Lands recently recon-
mended the appointment of Hiram Jones.
Hiram refused TO give bond. said Mr..
Lands land / am now trying TO find
someone who will take the job
Albert c. Brooks has been appointed
regular carrier, and ROLAND NJ. Brooks
substitute in the rural free delivery service
at Peru.
The National Bank of Commerce of New
York has been approved a reserve agent
for the old National Bank Of Evansville.
The Senate committee has reported favor
ably on pension bills introduced by Mr..
! Reveridge. granting Major John Is. Glover,
Of indianapolis. $50 a month. and Mrs.
Elizabeth NJ. Banta, of Martinsville, $40 a
month.
Miss Anna Binger. Of Evansville, is here
visiting relatives.