The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1905-12-14

S~~Sohu-SldSS m1tter
plymouth, Ind, Dec. ID. 1905
Many obstacles will have TO BE-
overcome in the construction q
the fanama canal. That has beer
understood from the beginning
But a matter like that has no ter.
Tor Tor a man like Theodore
Roosevelt He delights in over.
coming difficulties and removing
obstacles.
The money volume of the
country was further increased by
S9,OO2,961 during November,
nearly all of which came from
bank notes, which again make a
new high ecord-$521 $40. 773.
The per capita circulation is
S5l,73, or the highest ever
known in this country.
Judging by a telegram sent to
the South Bend Tribune from
Washington Indiana congress
men depend entirely on their ap-
pointments for reelection. Judg-
ing from the fuss they make over
the late order of the department
they have no confidence in their
hold on the public for services
rendered. Maybe some of them
are right.
Secretary Shaw says: "The ne
cessity for an elastic currency has
received fresh emphasis in the f.
nancial conditions of the last few
months. Millions were loaned.
approximately at l per cent, in
midsummer, and call money
reached 25 per cent. in Novem-
Der. The exceedingly low rate
was about as dangerous as the
high rate, for the latter was the
logical result of the former. Such
extreme cases can and should be
rendered impossible.
The annual report of Leslie NJ.
Shaw, Secretary of the Treasury,
published Wednesday shows a
deficit for the fiscal year 1905 of
$23,004 ,22S.60. The total receipts
for the year were $685., 1O1, 269.95,
and the expenditures were $780,
105,49S.55. The postal service
cost $152, S26, 5S5. Compared
with the fiscal year 1904, the re-
ceipts for 1905 increased $12 1885,
500. There was a decrease of S.
S79,447 in expenditures in 1905.
1t is said that Senator Chauncy
M. Depew of New York, will
shortly act upon the suggestion
of a large number of his constitu-
ents and tender his resignation as
a member of the United States
senate. 1t is to be hoped that this
bit of news is true. No matter
how long he may remain in that
body, his work there would
amount to nothing, because his
connection with the insurance
scandals has forever put an end
to his influence.
Ii there had been any doubt OF
Speaker Cannon's attitude on the
rate question, it has been dissi-
pated by his remarks to the Re-
publican caucus of Saturday eve.
min. He stated quite emphatical-
ly, that he was in favor of legis.
lation providing better protection
against railroad abuses than now
exist. Mr.. Williams, the Demo.
cratic leader, at the same time
comes out strongly in support O
the presidents policy. So far a:
the House is concerned, Mr.
Roosevelt is assured of the sup
port of It least the nominal lead
ership on both sides of the cham
Der.
One of the prediction predic
tons in Ohio was that Governo
Herrick had every chance of re
election" He was defeated, new
ertheless. So we who feel tina
nothing can prevent Republican
success in Indiana at the nationa
election in 1908 should keep il
mind the fact that we have NJ
insurance policy on the future
The wise thing to assume is tina
there is to be a lively contest
keeping in mind the fact that it j
likely to be cast on lines some
what different from any cam
paign in the history of the coun
try. 1t is no time for folly o
any sort.
Farmers Institute Notes.
The Farmers Institute will b
held at the court house on De