Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-09-09
MOISTURE HINDERS WORK
Brick in WashingtOn's New Buildings Are
Thoroughly Saturated.
HUMIDITY GREATER THAN EVER KNOWN
impossible 20 Plaster ON the walls or
Put I'm the woodwork Until Dry
weather Comes-New In
surance Features.
fErom a star corresponden,O

WASHINGTON, Sept. s-(specisl.)-so
great has been the humidity in the wash
ington atmosphere during the present sum-
mer that building operations have been
greatly retarded. BY this Il Is not meant
that the rainfall has interfered with brick
laying and stone-setting, but the bricks Of
r.. -.'"Sfnes have absolutely become sat
urated with water TO such a degree that II
will take months of dry weather 70 evsp-
crate the contained moisture.
Never before in the history Of the capital
city has there been so many large gov
eminent buildings in course OF erection at
one and the same time. The superintendent
Of the capitol is erecting two new office
blocks, one for the senate. the other for
the house Of ntatives. The total
cost of both will be in the neighborhood
Of S5,OO0Oc0. new building for the Ma
tlonal museum, to cost g, 900. 600 Is in course
OF constructions; the new Department OF
Agriculture building. at an expense OF
Sl,5O0.000, is well under way while mu-
nicipal building at like cost is up to the
top OF the second story. In addition to this
are the buildings for the Daughters of the
American Revolution and the George
Washington university to say nothing OF
the magnificent structure being built for
the Union railway station and a dozen
other buildings OF less importance.
In all these structures hundreds OF thou
sands of bricks have already been used,
and these bricks have become so thor
oughly permeated with moisture that the
superintendent Of construction assert that
from three to six months will be required
to dry them out sufficiently to enable them
TO be plastered and the woodwork installed.
In the ninety days since June l there
have been less than fourteen when rain
has not fallen. and even during the total
of two weeks of clear weather the hui
nudity has been so great that little or none
of the surplus moisture was evaporated.
Washington's parks, lawns and gardens
were never so beautiful in August as they
were this year but building operations
have had a severe setback and many of the
structures in course of erection will not
be finished, in consequence, in time for the
next inauguration.
England Ahead on Insurance.
The insurance business in the United
States has not yet reached that stage of
development which 1t has attained in Eng
land. Up to the present time no company
here has been organized to guarantee an
insurer against loss through the death Of
J. Pierpont Morgan, Jim" HILL George
Gould, Jim" Keene, or any of the great
Wall street manipulators. whose demise
might affect the market. Such corpora lions
are in existence In England.
In the United States It is easily possible
to secure a policy upon ones life. Fire,
tornadoes and accidents can be guarded
against by means of an insurance policy.
There are companies which will guarantee
you against loss by tornadoes or burglars.
| There are other companies which will in
| sure your plate glass windows against
breakage and your live stock against death.
| II you are a ship owner you can by paying
| a moderate premium insure yourself
against loss through the wrath of God as
| exhibited through ocean storms II you
are a merchant II is possible to avoid loss
through making bad credits through taking
out a policy through credit insurance
company. The bankers OF the country have
an insurance company OF their own which
insures those who are members of the
organization against the bogus check oper-
ator. but UP to the present time the bank
depositor has been neglected by the under
| writer's
Some Bank Statistics.
There are 5000 banking institutions In
round numbers, in the United States OF
this number 1900 reported to the comp.
troller during the last fiscal year. These
reports showed that there we're on deposit
in round figures, $1,000 10000 during the
last year. The stock OF money in the
United States approximates $S,5oO.Ooo.0Oo II
will readily bo seen, therefore. that IL every
depositor In the country should demand
the amount due him less than one-third OF
the depositors could be paid. even assum
ing that the banks could control the en-.
tire stock OF money in the country. II II
obvious that a run on all the banks would
thus create financial chaos.
Last year the liabilities OF the bank,
which failed aggregated s22,Ooo,oO0, about
half Of which was owed to depositors by