Omaha daily bee., 1905-08-29
PUTS BLAME ON RAILROADS
Asserts Grain Trust Would Be Impossible
Without Their Assistance.
GIVES ROYAL mGHLASOEaS A CLEAN BILL
state Insurance Department Finds All
the Funds of the order Properly
Accounted for by It's
omcers.
CFrom a STAFF Correspondent

CFrom a STAFF Correspondent)
LINCOLN, Aug. 2S-CspeciaL "A member
Of the Farmers Grain and Live Stock
Shipping association In commenting upon
the suit started by Attorney General Brown
against the alleged grain trust said that
while the attorney general was doing good
work and was on the right track he had
failed to include the principal offenders
against the laws Of the state, In his list of
defendants.
Before the grain trust is finally broken
up and the small shippers get an oppor-
tunity TO do business and the farmers get
an opportunity to sell their grain without
having to take for it prices named by
committee. proceedings will have to be
started against the railroads. II the rail-
roads could be reached the grain trust
would be smashed within month without
any legal proceedings II the farmers had
way to compel the railroads to furnish
them cars and to furnish them side-tracks
TO their elevator erected Off the right of
way or allow them to erect elevators on the
right Of way, then the grain trust would
cut no ice. But there is no way to compel
the railroads to do this. They absolutely
refuse and the reason is simple. Railroad
officials own stock in the line elevators
and the owners of the line elevators own
stock in the railroads. It will be necessary
to go after the railroads before the grain
trust is finally wiped out.
The railroads, you see, absolutely re-
fuse to furnish the farmers cars or to build
side-tracks to a farmers elevator so II is
up to our organization TO sell our grain to
the trust. You see IL Is all the fault OF the
railroads. I've talked with the railroad
people about this matter and OF course they
deny that they are interested in the line
elevators, but II they are not, why don't
they furnish the Farmers Shipping associa-
tion with transportation facilities7 They
are interested, that's why, and until they
are brought to time the grain trust will
continue to do business at the old stand"
Attorney General Brown has been con-
sidering the phase of the case and It is
very probable before the suit Is finally
settled the railroads will be brought into
the matter.
Royal HiEhlanders All Right.
The officials of the Royal Highlanders,
who have been undergoing an examination
by the insurance department as to their
conduct of the affairs of the order, have
been presented with clean bill by Spe-
cial Examiner Virgins, who says that
every cent OF money taken in by the Of
f1cers for all purposes, including interest
money, fees for making loans and receipts
from the sale of reRalla, has been ac-
counted Tor ana deposited IN tne general
fund Of the society. The report covers
period from June 1, 1901, to the present
time the first date being the time the last
examination OF the order was made.
The total income during these four years
as reported by Mr.. Virgins, including
fees, per capita tax, monthly payments,
interests. supplies. commissions on loans
and miscellaneous items, amounted to
$685. 1886. which, with the amount on hand
at the end OF the year 1901, makes the
total income S1,O6ssS2.47 There has been
disbursed during the four years total OF
s5O7 .64972, divided between these items:
Death claims paid. $s1o,sA; disability
claims paid, $6 300; expense, $3.50, ,925 70, leav-
ing a balance on hand of $5O7 7,549.72.
Examiner Virgins reports the following
assets and liabilities OF the order:
LEDGER ASSETS.
Real estate. home office build
Real estate, mortgages, first liens
in hands OF auditor .....;...;"... 4SI 500 90
Deposited in Aurora State bank. 1855 g.
Deposited First National bank. 1882, S
Total ledger assets. .S552, ,2s2. rs
NONLEDGER ASSETS.
Accrued interest on mortgages. IS 1880. 81
Total admitted assets. ......... .$564 619. 72
NONLEDGBR LIABILITIES
Losses reported in course of ad-
justment SSSS S KS KS
Losses resisted .......s'...........'.. 4VOOOO
Total ...................,....... Y, 1888. 80
Balance TO protect contracts. 1867, ,2SO. 80
Commenting on the financial statement,
Mr. virgins said the only real estate
owned by the order was the lot upon
which it's new building is being con-
structed and that when the building was
completed its total cost would be about
Ss5,O0o He said the loans on farms he
had carefully investigated and that the
loans were all well secured and none of
them, neither principal nor interest, was
past due. All money, he said. was de-
posted in the name OF the Royal High
landers and that all payments were made
20 the Royal Highlanders and that all
mortgages run to the Royal Highlanders
He takes occasion in his report to COM
pliment the oflcials of the order for their
conduct OF its affairs.
Lindsey to Move EyesOre.
Custodian Lindsey OF the federal build
ing has announced that the drays which
stand on the north side of the federal
square must hnd another location when
the new postofice building Is finally COM
pieted. These horses and wagons stand.
ing there, he says, have been an eyesore
20 him for a long time and now that the
Excise board has demanded the removal
Of saloons across the street from the new
building he intends to make the draymeu
move their horses ana wagons.
Back 90 the Woods.
Alexander Balaze Joe Balazs and Pau
wellman. three Omaha lads under l:
years old, were caught here this mornins
in a wild runaway to green pastures
where they expected to become their owI