Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1906-10-24
DRAWING PLANS
FOR STRUCTURE
sRcHITEcT or TREASURY HAS
FORCE AT WORK on aLBu-
cuERouE BUILDING
TO Be SPANISH STYLE


Washington. II. e., Get 90 The
supervising architect OF inc treasury
has part Ut his force hard at work On
the plans for the public building al
albuquerque. Sew Mexico. He has
decided thai IL shall be OF the Span
ish style OF architecture. That has
caused same delay. because II took
some time TO find persons that under
stood that Kind Of work. But now
that b. has the work well under way
h" will push the building plans a.
fast as possible and hopes to soon
get 10 the point Of advertising for
the building, He will place the ad.
serttsenient In several local npwspa.
pers and other papers of the country
He says Delegate Andrews IN very
nue. In earnest about the matter, for
be- has received numerous letters
from him. all urging that he push he
o rapidly. Las Vegas and Ration
viii probably come in for public
buildings next winter. aud Roswell
the first session of the Sixticth ron
gresS; provided. Delegate Andrew In
reelected: for II takes influence like
the Two senator's and t~hirty.two rep.
resentatises OF Pennsylvania To figh.
for public buildings. But II Larrazolp
Is elected good bye for public build.
ings for New Mexico for five possI.
Oily ten. years TO ONE And even
the building at Albuquerque misht
drag for several years. till the peopl,.
returned to their sanity.
4 statement just issued by the cen.
u office shows the Indebtedness OF
New Mexico. 1902. at sssS. s23; Ari.
IONA. $3.0ss. 1913; and per capita New
Mexico. s22.64: Arizona. $5O.1s; lat.
ter more than double. Also shows
the sinking fund for New Mexico
1909. at si23,271: of Arizona, 81 1000:
ana per capita, less sinking fund,
New Mexico. s49+; Arizona, so:S5.
These last figures show nearly fiyt
TO one against Arizona. 1t also shows
that while the debt of New Mexic.,
from 1890 I" 1902 increased only 81
per capita. that of Arizona increased
0ver ~" per capita. 1t Is learned
by a late report Of the auditor Of
New Mexico that the debt of New
Mexico has been reduced 10 $3.50, 900
less than that given above. II Is also
learned that the governor OF New,
Mexico IN considering the question Of
calling In to exchange at a lower rat 1.
OF interest for redemption about
500. 900 to $500. 900 more If this Is
done the interest charge of New Mex.
ico would be only nominal.
The commissioner Of pensions 70
ports deaths last year nearly $4,000.
and 9.20S old soldiers: added to list
34.91'. The amount paid ont for pen.
sionS has started down on the de-
crease. the amount being $3.50 less
this year than last. and from now on
for the future will increase quite rap
idly. Yet there are 666. i53 old SOL
diers still on the pension rolls.
The constant decline in the value
of gold and the constant rise in sill
@ is quite a puzzle. The big mcn
Of finance said ,lcm0netizc silver ami
gold will answer al demands Of husl
ness and 90 up, up, up: while silver
would go down. down. down. 1t did
not do 81. Then they said. have all
the countries OF the world 60 on q
silver basis and that will fin it. All
leading countries except China AMI
parts Of India have adopted the gold
standard: vet gold mas continued 10
go down, down. down; while silver.
and other commodities generally have
gone up. up, up. Since the coming
of the silver dollar has ceased the
demand for silver dimes. quarter,
and half dollars cannot be supplied.
Silver has steadily increased in price
from As TO 20 and over; and If the
general business and great prospc..
ity continues it might go TO 90 or
81. Mexico has reduced the numher
of grains in the silver dollar to pre-
vent expectation to China. The new
United States mint at Denver and III"
minis at Philadelphia and New o.
leans are very busy turning out sill
ver dimes. quarters and half dollars
and it seems impossible to supply
the demand The government has
decided to purchase 100000 every
other day, making 5000. 600 a week.
Great Britain must have its certain
number of millions each month: Mex.
leo has entered the market to buv
millions of silver each month; China
and some other countries must have
millions more: and If the demand in
the west and south for dimes. guar
tiers and half dollars keeps up il may
.orce silver up to par: and result in
opening many mines in the south
west that have been closed for some
years.
The president Is in earnest in the
hope that Arizona will vote for joint
IRE. and freely expresses his opinion