davidaulloa/AmericanStories huggingface dataset:
The Plymouth tribune. (Plymouth, Ind.) 1901-1911, 1906-12-13

CHAPTER IX.-(Continued)
There we're present Madame Midas,
Selma, Mcintosh and Vandeloup, and
they were all gathered round the table
looking at the famous nugget. There It
Law in the center of the table. virgin
mass of gold. all water-worn and polished,
followed out like honeycomb. and dot
ted over with white pebbles like currants
In a plum pudding
81 think I'll send it to Melbourne for
exhibition" said Mrs. Villiers. touching
the nugget very lightly with her fingers
deed. mum, and It's worth it, re-
p,;ed Mcintosh. whose severe face was
relaxed in a grimly pleasant manner.
whats the timer" asked Madame,
rather Irrslevantly-
Mr.. Mcintosh drew out the large silver
watch. which was part and parcel OF
himself. and answered gravely that it was
two o'clock.
saThen III tell you what" said Mrs
yiiliers, rising, I'll take it in with me to
baIiarat and show it to Mr.. Marchurst.'
Mcintosh drew down the corners of his
mouth, for, as rigid Presbyterian, ne
By no means approved of Marchurst's
heretical opinions, but of course said moth
ing as Madame wished it.
Can come with you, Madame:" SAID
vnndeloup eagerly. for he never lost ar
opportunity of seeing Kitty If ne couit
help it.
Certainly replied Madame gracious
IL: we will start at once.
yandeloup was going away to get ready
when Mcintosh stopped him.
THAT friend o. yours is going away {
the town the dav," he said. touching Van
Aesoup lightly ce the shoulder.
what forY asked the Frenchman care
iessly.
~Tis to see the play ac.o-s, I'm think
in" returned Archie dryly. He want
n stop all night i the town, so I've lie
him 90, an have told him to put up at tn
Waffle Tree Hotel. the landlord o. which
h friend O. mine.'
VERY kind of you, I'm sure, said Van
deioup, with a pleasant smile.
The great nugget was carefully packe'
In a stout wooden box by Archie, an
placed in the trap by him with such eau
lion that Madame. who was already seat
ed in il, asked him if be was afraid sn
would be robbed.
It's always DeSt 10 De on INC fisn
side, men," said Archie, handing her tn
reins: I'VE never know what may haT
pen"
why. no one knows am taking thi
to Ballarat to-day" said Madame, draw
ing on her gloves
Don't thsyY thought NJ. VandelouI
~ be took his seat beside her. "Sh
doesn't know that I've told Pierre.
And without a single thought for tn
woman whose confidence he was betray
ing, and of whose bread and sail he ha
partaken, vandeloup shook the reins, an
the horse started down the road in tn
direction of Ballarat, carrying Madam
Midas and her nugget.
-You carry Caesar and his fortunes. n
Yandeloup," she said, with smile.
Il do better" he answered gaily:
carry Madame Midas and her luck"
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12

The means for buttressing the fabric
of our credits and relieving dangerous
strain near the breaking point could
come hither freely and amply only for
profit on the basis OF security. The
worlds surplus gold moves now to
this country and now to that as there
lie local emergency and demand, caus-
ing profit to it's owners in the transfer,
provided inexorably that the country
needing It is on sound monetary
and business basis, rendering such use.
which is practically a loan. safe to the
lender. The world does not part with
its good money. no matter what the
local need, save for its full worth or
on the certainty OF getting it back with
interest.
Nothing could more forcefully dem
onstrate the solidity of our general
financial and industrial position than
the instant response which the custodi-
ians of the worlds hard money surplus
have just made to so prodigious an
emergency draft.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
NEBRASKA BANKERS on ASSET
CIrRRENCT.

The section of the Nebraska Bank
ers association which has been In ses-
sion at Hastings in its resolutions
makes the same expression as other
sections have made of disapproval Of
the system of asset currency in the
various forms in which It has been
proposed. and it is noteworthy that the
meeting in the same connection en-
phasized fits allegiance to conservative
principles in all lines of banking" In
thus speaking Nebraska bankers voice
the prevailing and growing sentiment,
not only of western bankers, but also
of substantial western business men
generally.
Aside from other objections to the
scheme Of asset-backed notes in the
existing conditions Of this country, it
is significant that the demand for
more elastic" or rather a more Eek
pansive" currency comes mainly from
eastern quarters where banking inter
ests have for years VIGOROUSLY become
complicated, and often embarrassed, in
speculation. Whatever may be the OPP
GRAFTON of an asset basis of circulating
notes in the form and under the con-
sentative restraints of the Scotch sys-
tenn, it's tendency in this country could
not be good. Conservative western in
terests can not regard without suspic-
ion clamor for bank notes based on
commercial credits. instead of national
credit in the form of national bonds,
when it originates in the same quarters
whence forever arises clamor for the
government to come with treasury sur
plus deposits to the aid of eastern
financial institutions that have over
dabbled and overloaned to spectators,
promoters, manufacturers of securities
and manipulators of stock markets.
Our Nebraska and western bankers
are becoming every day the custodians
Of a greater loan fund, which repre-
sents the net surplus savings of the
legitimate, prosperous industry of a
rich agricultural region and not mere
lucky turns of hazardous speculation
nor the results of financial legerde-
main and overreaching promotion. The
spirit Of honest saving is inherently
conservative, and it is a re9ssuring fact
Of national significance that western
bankers are more and more rejecting
that spirit, and so becoming a eorrec-
tive influence and safeguard against
we'll defined unsound tendencies in
eastern banking
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
No Question of Superiority.


The announcement OF the candidacy of
Edward Rosewater for United States sena-
tor from Nebraska will have the effect OF
taking very much of the wind out OF the
sails Of the Norris Brown boom. Mr.. Rose
water and Mr.. Brown stand practically
upon the same platform and for the same
principles. The difference comes in the
fact that, where Mr.. Brown has been ad-
vocating these principles for merely few
moons, Mr.. Rosewater has been hammerins
away tirelessly and effectively for the past
thirty years. and where Mr. Brown has
practically never been heard OF until the
past few years and now only IN the state OF
Nebraska, Mr.. Rosewater's acquaintance
extends to all portions OF the United States
as well as throughout Nebraska, and he
has done things before, not only In the
service OF his state, but also for the United
States. There can be no question as to
the superiority Of Mr.. Rosewater, and the
Brown boomers have a very justifsble at
tack Of the blues az a result of the Omaha
editors announcement
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
POLITICAL DRIFT.

After an experience Of a year the New
York legislature repealed the mortgage tax
law. substituting for Il a recording fee
The republican congressional campaign
committee is to adopt as It's slogan for this
fairs congressional elections. stand by
ROOSEVELT
Attorney General Wade Ellis OF Ohio is
going to give the Standard oil people
run for their money in that state Bucking
combines is a fsvorite form OF exercise for
Mr.. Ellis
Elections for state omesrs occur in
twenty-nine states this year. and the terms
Of thirty United States senators expire on
March T. 1897.
A Brooklyn councilman. who persistenuy
refused to take an interest in public con-
tracts, is said by his associates to be ahilty
Of "a breach of ethics" Evidently he is
very lonesome.
Graft exposures in Cincinnati are held
responsible for increased consumption Of
liquor on both sides Of the Rhine As a
means Of drowning trouble booze has not
yet achieved a reputation for success.
City employees OF Pittsburg won't get free
passes to anything while George wilkins
Guthrie is mayor of that town. He has
issued an order cutting on free circus
tickets, which must have been regarded as
graft
The attorney general Of Illinois COM
putes that the Illinois Central Railroad
company owes the state back taxes on
s1O5,0OO,OOO OF stocks and bonds and has
politely invited the company to come in
and settle
Governor Pattison, democratic executive
of Ohio, urged the Legislature to practice
economy in appropriatins public funds
The republican assembly respected his APP
peals. but the democratic senate increased
the appropriations to the extent OF 81. 25O. Oo0
above any previous legislative record.
Under the provisions Of the anti-lobby law
passed by the New York legislature re-
Gently all lobbyists must be registered with
the secretary of state The first to comply
with the enactment was Rev. a. S. Gregg,
representative Of the international reform
bureau. DR. Gregg certified that he is paid
to promote legislation for the suppression
of gambling and other forms of vice
General Sickles, who has been a member
of the New York Board or Aldermen, pooh
poohs the proposed doubling OF the SAL
aries OF the aldermen. In fact. he says
that $1,000 a year was more than generous
payment, but now that the board has been
stripped of the Misunderstanding power
which means practically the only power Il
ever had-I can't for the life of me soc
where it is entitled 10 any pay at all"
General sickles is away behind the times.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12

All this talk about trying to evade
the result of the recent municipal
election is foolish talk The Bee sup
ported Mr.. Benson for mayor, but he
was beaten by a decisive majority.
The people of Omaha expressed them
selves as favoring the transfer of the
city hall from the present republican
incumbents to the democratic officials
elect, and that expression should be
respected, even IL there we're loop
holes in the law by which it could be
nullified.
When James E. Boyd was elected
governor of Nebraska, on the face of
the returns, The Bee took issue with
those who advised Governor Thayer
to hold onto the Office, notwithstand-
ing the fact that he had not been a
candidate and had not been voted for,
and this precipitated the only serious
difference between The Bee and the
late Governor Thayer. In the present
instance, no one-repdblican or
democrat--could afford to take any
city Office to which some one else was
chosen by the people and to which
he would be entitled to a commission
had the election been held strictly
according to the specific provisions of
a valid law
So far as the voting machine is
concerned, it has been used here in
two successive elections without dues-
ton, and may as we'll be considered
as an established precedent. If the
law should be contested and declared
void, it would only pave the way for
its re-enactment with the faults cor
rected. Any one stirring up resistance
to the edict registered by the people
on the voting machine will be stirring
up only fruitless trouble.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
stands with the People.
Holdreee Progress CRkpD.


Mr.. Rosewater is one OF the most strik-
ing characters in the political and indus
trial history of Nebraska. AS the editor OF
The Omaha Daily Bee he has been promi-
nent in all Of its political activity for the
past quarter Of century. While staunch
and consistent republican he has always
been a strong anti-monopolist, held him
self independent Of the corruptienst ele-
ment of the party and has stood with the
people.
The Progress. while IL Vas formerly pub
lished as populist paper, has even been an
admirer Of Mr.. Rosewater for his indomit-
able courage and absolute fearlessness and
the Progress believes that today Mr.. Rose
water is the logical republican candidate
for senatorship and It believes that Il The
next legislature should choose Mr.. Rose
water that the state will be more creditably
and more ably represented in the national
congress than by any who have gone
there. with the possible exception of ex-Sen-
ator w. V. Allen. Mr.. Rosewater has had
an experience which peculiarly qualities
him for the office OF United States sena-
tor and, too. as we view him, he would
take a personal pride in representing his
state in the halls of congress in a manner
which should elicit the hearty commends-
ton and endorsement of the people OF Ne
braska regardless Of partisan bias. Mr..
Rosewater may not be fluent orator. but
few men are more resourceful or familiar
with public questions. II is equally true
that no man in Nebraska has so thorough
a knowledge Of the needs OF the state. with
whose development he has been so promi-
nently identified
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12

The testimony of E. P. Ripley, pres
ident of the Santa Fe. before the Inter
state Commerce commission in the oil
investigation, opens up broad vistas of
pertinent practical information, par
ticularly showing how railroad rates
and pipe lines are the two halves of
the monopoly scissors that cuts compe-
tition into shreds.
First Mr.. Ripley testifies that his
company granted for a ridiculous pit
lance the use of its right-of-way in
Kansas. and from Kansas City to Chi
cago, for . pipe line TO the Standard
Oil company. Curious that a great
railroad company should donate it's
right-of-way virtually as canal
through which every barrel of oil is a
subtraction from the freight of that
railroad.
Then this question was put to Mr.
Ripley Did you raise the oil rate in
Kansas when the pipe line was put in?"
1--WE did" replied Mr.. Ripley. Ger
tainly, Independent oil companies, not
having pipe lines, we're thereupon re-
CURED to pay higher rate on oil in
barrels and tanks. 1t Is no wonder the
road has since carried no OIL" Com
petition could not go against such a
sure-thing game.
But gasoline and other by-products
in the process of refining petroleum,
which are an. extensive and enor-
mOusly profitable part of Standard
Oil business, cannot be pumped
through the oil pipe line. So this
question was put to Mr.. Ripley: when
the crude oil was piped the railroad
rate was raised, but the rate on gas
oil was lowered, it being shipped;
isn't that so?" Mr.. Ripley's answer
was, Yes"
In short, between pipe line and rail-
road rate manipulation every hole was
plugged against competition with
Standard Oil, and against producers Of
crude oil on one hand and consumers
on the other. And to triple-lock the
monopoly trap Mr.. Ripley's testimony
further discloses that his company is
at the same time bound by contract
with the Standard Oil for the lubricat-
ing oils of which every great railroad
is an immense user.
The lead pipe cinch" in the light of
this oil investigation now only starting
begins to appear stale and improbable
in comparison with the pipeline cinch.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
Ideal Mental equipment.
Tcka NAH journal ORepD,

The republican newspaper fraternity to a
large extent are DESTROYS of having Ne
braska ably represented in the United
States senate. They feel that Mr.. Rose
water carries with him a force and in
fiuence whose strength will count for Ne
braska. He has been so independent and
fearless in his attitude on public questions
that the people are DESTROYS OF having him
where he can do still greater good. He
is not a radical. neither does he possess a
mind Eighty or erratic. Possessed of solid
mature judgment and thoroughly capable
of exercising that Judgment on public mat
ters, he can not help being considered a
candidate OF ideal mental equipment and
temperament
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12

Where are YOU going this summer
mo place. I've absolutely nothinE to
Wen, YOU could stay on the beach all
day and 20 to dances every night, couldn't
you"'-Cleveland Lender.
I'm quite taken with the new governess."
said Gaymans wife. she certainty does
"she isl indeed" exclaimed Gayman.
dreamily.- Philadelphia Ledger.
"Dere amt nobody dat can't brag a little
bit about something" said Mesndering
Mike.
Oats right" answered Flooding Pete
Take you an me. fur instance. We never
get mixed UP in no labor riots. do We. 90
Washington star.
I'm told that the little boy that Jennie
picked up in the streets turns out to be
the kidnapped heir Of large estate. Is that
SOP
Yes"
Mercy me- And did he give Jenny any.
Nothing but the measles. cleveland
your father objects 20 that young man
of yours" said the willful girls mother.
That's too bad" replied the girl, be
cause like father and ! want TO con-
tinue to do so.'-Phiiadelphia Press
Redd-Hov does your new automobils
Greene--well, l broke a record today,
Indeed"
Yes. / was under Il for three hours
and eighteen minutes, trying to set the
blame thing to gor'--Yonkers states
man
Tess-May Brghtley's novel is out
JessEYes. BY the way, May is IS years
old. Did you know that betore2
Tess-no; how do YOU know IL?
Jess--That's the age of her heroine
Philadelphia Press.
you ask me II / ever failed in any role
1 attempted" repeated the great actor
Yes, once, when | tried 10 look like
sober nan
why" exclaimed his friend you're al
you?" ~
mo. but on this occasion I was taking
two drunken friends home. Philadelphia
Catholic Standard.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
WESTERN FARM MORTGAGES.
Prosperity MOdifeE the Exactions Of
the Money Lenders.
Review of Revieurs

Review OF Reviews
Western farmers have grown rather par
ticular about their indebtedness one Of
the common requirements of the modern
mortgage Is that the mortgage shall &C
cept any portion Of the principal at the
time of any interest payment. This means
that the harvesting of a good wheat crop
or the fortunate sale of a bunch Of cattle
may wipe out the debt, and the loan agent
must find another borrower. However one
insurance company has $4,000, 600 in western
farm mortgage loans. and the interest
thereon is sufficient to pay all it's death
losses. Another company has 500, 100000 in
these loans, scattered over the Mississippi
valley. The larger sums are in Illinois.
with about $4,000, 600; Minnesota, with $40,
OoO.OOO Missouri. f1l,OOOOoO; Iowa, 10000
900; Ohio, 100000, and lesser amounts in
dozen other states 1t places approx
mately 1900 farm mortgage loans every
year, and has in it's history loaned $780,
10000 in this way, with practically no loss
report in the Annals OF the American
Academy of Science gives the amount OF
mortgages held by the life insurance COM
panies at 1890, 632,5OS, or 27.7 per cent OF
the companies assets. This, however, in
cudes loans of city property as well as
those on farms. The percentage is second
only to that invested in bonds, indicating
the Partially for this form of investment
by the most conservative Of investors.
The insurance company loan is safe
guarded in every possible way. The inter-
rogatories Of the application cover four
large pages and include everything from
the size of the borrowers family to the
use he proposes TO make of the money
They even inquire into his habits and his
standing in the community, for the we'll
Informed investor realizes that the best
part of his security is the personality of
tho borrower
Thus It happens that the insurance COM
panies have few foreclosures and prac-
tlcally no losses on this class Of invest
ments. OF recent years the value of land
has increased so rapidly that every loan
made, these investments are, on a basis
of 10 per cent of real value-became gilt
edged" and was the best possible security
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
GOLD DRAFT ON THE WORLD.

No such draft upon the hard cash
resources of the world was ever be-
fore made within the same time by
this country as has been made the last
few weeks to meet an extraordinary
emergency in our money centers. In
Guiding $15,0O0,00O which the Bank of
France has just arranged TO release for
the purpose OF meeting the require
ments of New YoTy gold importers, the
aggregate engagements OF gold for inn
port from April ~ to May 10 mounts
up TO $50, 100000, large part having
been engaged since the San Francisco
disaster. The great stock and securities
markets of the east were already over
strained for funds to support credits
and prices, involving, OF course, the
supply for commercial and industrial
uses, when earthquake and fire caused
sudden and tremendous destruction
OF values which put corresponding ad-
ditional pressure on our financial in
situations for immediate relief.
How quickly available the great
masses of the worlds ready money has
been in this emergency is thus signally
shown by the record of gold import en-
gagements from London and Paris.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12


The disclosures in the Minnesota
insurance case trumps the assertion
OF Ralph w. Breckenridge in his adj
dress at Lincoln the other day that
most of the state insurance depart
ments have been engaged in holding
up the insurance companies. 1t is
reassuring, however, for MIR. Brecken-
ridge to say that so far as he knows
the Nebraska insurance department
as now conducted has not been i'm
plicated in these practices. Ne
braska insurance laws may need
strengthening, but the best laws will
miscarry under corrupt officials, while
poor laws may be made to work fairly
we'll under conscientious and honest
official supervision.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
Outspoken independence.
CIarkson Herald DEM.

NIdIheUU FIFIdIu IDtU,I,
There are few ADLER men in the state. and
We know Of no man who has done more for
the upbuildng Of Nebraska and the central
west The Bee editor Is not of our politi-
cal faith. His political creed and ours
would clash i'm the first line. but we do
admire the man and his fearless. outspoken
independents and II republican must rep
resent Nebraska in the United States sen
ate. nothing would please us more than TO
see Mr., Rosewater named for the place.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
SPRING FEVER.

1t il 10 o'clock
An no bait amt dug
An there aln't no JOY
In the old brown jug.
An there amt no tellin
How tired I be;
oh, hee-oh-heigh-oh-
My-oh-me.
An I'm noddin' here
With a derned oil book
When | ought to be
In a bayou-crook,
Where the shadows are,
An sun-fecks fall
Like blobs o. gold,
And the wild birds call.
1t. Is most too late
For to go out now, ...
An there amt no bait
Dug, anyhow;
An II 'twan't too late.
IL seems to me
I'm too derned lazy-oh-
My-oh--gee!
I'm goin' TO sprawl
Here on the floor,
An not give q thought
To the fish no more;
And sleep and dream,
Till the shadows fall,
That I'm fishin' out
Where the wild birds call.
Yes. 1t seems to me
That's the best way
For to spend a warm,
Old springtime day;
Just lyin' around
The house like me
Oh--hee-heigh-o-s
Oh, my-oh-gee.
oh, dern IL all.
I'm a weary duck!
] s'pose I'm missin
Some dandy luck,
Where the fishes bite
An the breezes blow.
But I'm goin' to sleep
Oh-hee--heigh--o!
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12

islncolu STAR NtNep.l
Evidently the announcement comes like a
thunderbolt to some Of the little fellows
who had thought there were going 20 be
no very heavy-welghts in the Arena. and
that therefore they had chance. Rose
water is a heavyweight and there are few
men Of his class among politicians in the
state. When he starts out for the nomina-
ton every one knows by the past what
kind OF a fight the man must make who
beats him. Therefore, the little "favorite
sons" Of different localities will quietly con-
clude to wait for a more suspicious season
to try for the senate. No man is better
known in Nebraska than Rosewater and
few Nebraska men are as well known
throughout the country.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-05-12
A new candidate for the flu

A new candidate for the fusion
nomination for governor is said to be
looming up on the horizon in the per-
son of DR.. P. L. Hall, formerly chair
man of the democratic state commit
tee. DR.. Hall is a full-fedged banker,
and the very fact that he is considered
within the range of possibilities for
the "allied reform forces" must mean
that the "crime of '7s" has been
eclipsed.