Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1906-10-24
Part of Treasury Architect
Force Hard at Work De-
signing Building.
ANDREWS URGED SPEED IN
GETTING WORK ADVANCED
Other Things of Vital Interest
Which the People of New Mex
leo Should Know.

Washington, Oct. 19.-The super
yising architect of the treasury mas
part of his force hard at work on the
Dlans for the public building at Albu-
uueruue. N. NJ. He has decided that
it shall be of the Spanish style OF
architecture. That has caused some
little delay because it took some
time to find persons that understood
that kind of work. But now that ne
has the work well under way he will
push the building plans as fast as
possible and hopes to soon get to the
point of advertising for the bulldlnS
He will place the advertisement III
several local papers and other papers
in different parts of the country. he
says Delegate Andrews is very much
in earnest about the matter, for ne
has received numerous letters from
all urging that he push the work rap
idly Las Vegas and Ration will proD-
ablv come in for public buildings
next winter, and Roswell the first
session of the Sixtieth congress, pro-
vided Delegate Andrews is re-elect-
ed: for it takes influence like the two
senators and thirty-two representa-
tives of Pennsylvania To fight Tor
public buildings
But if Larrazolo is elected good
bye to public buildings in New Mex
ico for five, possibly ten. years to
come. And even the building at AL
buquerque might drag for several
years till the people returned to their
sanity.
A statement just issued from the
census office shows the indebtedness
of New Mexico, 1902, at s99S,923 (;
Arizona, S3,099,393; and, per capita
New Mexico, S22.64; Arizona. $50.75-
the latter more than double. 1t also
shows the sinking fund for New Mex
leo, 1902, to be $123,277. of Arizona
$1,000; and per capita, less sinking
fund, New Mexico $i94, Arizona
$23.S5. These last figures show near
ly five to one against Arizona. 1t also
shows that while the debt of New
Mexico from 1890 to 1902 increased
only 81 per capita, that of Arizona in
creased over $40 per capita. 1t is
learned by a late report of the aud
itor of New Mexico that the debt OF
New Mexico has been reduced tC
s250.000 less than that given above
1t is also learned that the governor ol
New Mexico is considering the ques-
ton of calling in to exchange at a
lower rate of interest or for redemp-
tion about 100000 to 100000 more
If this is done the interest charge OF
New Mexico would be only nominal
The commissioner of pensions re-
ports deaths last year nearly 41,OOO
and 9,2OS old soldiers; added to list
34974 The amount paid out fol
pensions has started on the de
crease. the amount being $12470 less
this year than last, and from now or
for the future will decrease quite rap
idly. Yet there are 666,455 old sol
diers still on the pension rolls.
The constant decline in the value
of gold and the constant rise in sill
yer is quite a puzzle. The big mel
of finance said: Demonetize silve
and gold will answer all demands o
bsuiness and go up, up, up; while sill
yer will go down, down, down. Ii die
not do SO Then they said: Have al
the countries OF the world go on th'
gold basis and that will fix it, AL
the leading countries except China
and parts of India have adopted th'
gold standard: yet gold has contin
ued to gD down, down, down; while
silver and other commodities geneT
ally have gone up, up, up. Since th'
coming of the silver dollar has ceased
the demand for silver dimes, quarteri
and half dollars can not be supplied
Silver has steadily increased in price
from 45 to 20 and over; and if the
general business aud great prosperit!
continues 1t may go TO 80 cents or 81
Mexico has reduced the number o
grains in the silver dollar to preven
expectation to China The new Unit
ed States mint at Denver and tn
mints al Philadelphia and New Orle
ans are very busy turning out silye
dimes. quarters and half dollars, an
il seems impossible to supply the de
mand The government has decidet
TO purchase 100000 every other day
making $500 600 week Great Brit
ain must have its certain number O
millions each month; Mexico has Ell
tered the market 10 buy millions O
silver each month; China and som
other countries must have million
more. and if the demand in the ives
and south for dimes, quarters an
half dollars keeps up it may fore
silver up 10 par and result in open
ing many mines in the southWes
that have been closed for some years
The president is in earnest in tn
hope that Arizona will vote for joint
ure. and freely expresses his opinion
when called to do so. The presiden
will divide his attention on the nigh
of election in the cWint of the vot
in New York and arizona. He hope
tor victory.