Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1906-12-25

The new currency committee OF the
American Banking Association, after
three days conference at Washington,
agreed to several propositions. One
is the establishment of the per cent
guarantee fund for the redemption of
the notes of failed banks, and the linn
itation of all issues Of currency by any
bank to that of its capital stock An
other plan favored by these banking
experts is tax on the emergency notes.
The bankers are anxious to beTc it
known that their effort to secure adj
tional currency is aot for making mon
ey, but with a view of accommodating
the public. The bank of commission
is composed of fifteen bankers from
different parts of the country.
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A statement has been given cut at
the White House reminding the public
that it is the practice never to attempt
to quote private conversation with
the President of the United States. The
ground is taken that a man who quotes
such a conversation usually misquotes,
whether consciously or unconsciously,
and that such an alleged conversation
is not to be held as calling for either
explanation or denial by the Presi-
dent, who is responsible only for what
be himself says in public, or what he
writes, or for what he authorizes Off
Gals to say. This is regarded as a
warning.
No manufacturer has been author
lied to place upon the labels which
he may attach to articles of food the
statement that the labels b. i been APP
proved by the government. Secretary
Wilson, who will have direct charge
Of the enforcement of the pure food
law, desires the purchasing public
should understand that any represen-
tation made that the government has
sanctioned a label is without warrant.
The manufacturer must accept the re-
sponsibility of arranging his label to
comply with the new law, and if he
does not he will be prosecuted.
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The War Department has adopted
system of Identification tags for sol
diers. Similar tags have been in use
in the British army for years. The
British tag contains simply a number
which corresponds TO a name on the
service books and the regimental rolls.
During the Boer war the tag numbers
of those killed and wounded were
often published before the department
had identified the numbers with the
names, and friends of a man who knew
his number scanned the cold figures,
so living to whoever could interpret
them.
An advance statement OF the finances
Of the postal service, given out by
Postmaster General Cortelyou, shows
a reduction Of the annual deficit from
S14,572,5S4 for 1905 to S10,516,995 for
1906-more than 100000, or 27.S3 per
cent. The total receipts for 1906 were
$167, 932, 1872, an increase over 1905 of
$15, 106,197, which is the greatest in
crease for any year in the history of
the service.
Surgeon General O'Reilly reports
that our army had 1912 men on the
sick list last year, which was a slight
decrease over previous years. The
British army ranks first in the death
rate, with 7.13 deaths per 1000 men,
the American army having the next
highest, 6.2S, the total per year being
36S deaths. The Prussian army has
the lowest rate, per 1000 men.
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The President has awarded the night
fourth medal of honor, authorized by
Congress for acts of bravery by train
men, to Edward Murray, a conductor
on the Pennsylvania Railroad, who
risked his life to save two children at
Pittsburg last January. He has pre-
viously received medal from the Car
negie hero fund
The annual report of the commits
sioner of the general land office shows
that the total receipts for the year end
ed June 80 were $7,5S5, 526, an increase
over the preceding year of $567,713. The
total area of the land disposed of was
19,314,187 acres, an increase of 2,374,-
$50 acres.
-
Figures given out by the census bu-
reau indicate that the total wealth of
the United States in 1904 was S106,SS1,-
415,009, as compared with $SS,52S, 34S,-
79S in 1900.
Debts of American Cities.
The reports Of Census Director North
shows that the aggregate debt of the
cities of the United States above 5000
inhabitants is IN excess of $1,600,000, or
greater than that of the combined debt
of the national and State governments
and of the counties. school districts and
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