davidaulloa/AmericanStories huggingface dataset:
The National tribune., 1906-08-16
TO BUY SILVER.

For the first time in 13 years the
Government has entered the market TO
purchase silver. Though demonetiza-
ton has been going on steadily all over
the world. the price of silver has, to the
surprise of the 16 to / advocates, stead
lily advanced. The lowest price that
silver reached was Dec. 8, 1902. when
Since then it has been slowly advanc-
ing until this year. when it went up
with still more activity, and for the
month of July the average price was &C
cents an ounce.
When silver first began to go down
on account of the enormous output of
the Nevada mines in 1872 the Govern
ment tried to bolster up its price by
heavy purchases. 1t began in January,
1875, and bought steadily up to 1878,
taking in the aggregate 31,603.905
ounces at an average price OF s1.1SS
per ounce. In 1873 1t began purchas-
ing under the Bland-Allison act at
s1.21 5-16 per ounce. buying altogether
2S1,272,018 ounces at an average price
of s1.05S. This great amount taken
was not sufficient to hold the price up,
and in July. 1890, the Sherman act was
passed which provided for the Govern
ment taking 100000 ounces per
month. Under this law 16S,674,6S2
ounces were bought at an average of
s1.924 per ounce. The last purchase
under the Sherman act was made Oct
80, 1893, at 72 cents an ounce. Since
then the only purchases have been
13,500.O00 ounces for the Philippines
at an average price of 54k cents an
ounce.
The Treasury now asks bids for the
delivery of silver at Philadelphia, New
Orleans or Denver of what it may need
for subsidiary coinage, which will prob
ably not exceed 100000 ounces a week
The Treasury has obtained control of
considerable amounts for future deliv-
cry, SO that 1t will not be at the mercy
of spectators. For the past few years
the Treasury has relied upon the re-
coinage of old and uncurrent subsidiary
coins to supply It with silver, and in
1900 it obtained permission from Con-
gress to coin into small pieces the bull
lion which remained over after the
coinage of silver dollars was stopped.
All this bullion was exhausted about a
year ago, and there has risen in the
country a strong demand for small
coins, particularly dimes. which the
Treasury has to meet
According to the Treasury's state
ment for the month of July, there were
in the vaults of the Treasury All, ,63T
silver dollars held in trust for the silver
certificates in circulation and 1922 OF
the silver dollars Of 1890. There were
also in the general fund 6,266,200 silver
! dollars. The only way in which this
vast amount of bullion could be made
available for other purposes would be
to make the silver certificates redeem
able in gold or greenbacks.
The National tribune., 1906-08-16
WRECK OF THE MILWAUKEE, AVE.
STATE BANK.

In spite of the deservedly severe pun
ishment which has been meted out to
recreant bank officials. particularly
distressing failure has been caused in
Chicago by the criminal misuse of a
banks funds. 1t was the Milwaukee
Ave. State Bank. of Chicago, an institu-
ton which has been in high favor with
the laboring classes, and received of
their hard earnings deposits to the
amount of $4.000,000. The President,
Paul o. Stensland. has been using the
banks funds for his own private specu-
lations, aggregating probably $1,000. 900.
Stensland fled when he saw that dis
covery was inevitable. but the cashier.
Henry w. Herring, has been arrested
and made full confession. Other Off
GERS of the bank will probably be ar
rested. 1t is now hoped that the loss
will not be as severe as was first feared,
and an immediate dividend of 25 per
cent will be declared. with another divi-
dend to follow shortly. The bank has
$4,000 depostors, most of them with
considerable amounts, representing the
savings of lifetimes of industry and fru-
gality. Much of the blame is put upon
the directors, who were of the usual
dummy variety, and allowed the Presi-
dent and cashier to manage the bank as
they pleased, and accepted from them
any sort of a showing of the liabilities
and assets. AS the bank was a State
institution the incident will probably
lead to more stringent laws in Illinois
as to the responsibility of directors. 1t
would seem that an effective way would
be to mete out to the directors the same
heavy sentence of imprisonment that
the United States Courts have of recent
years been administering to Presidents
and cashiers. Certainly poor people who
put their little all in the care of bank
ers. being induced thereto by the very
respectable names in the Board of Di-
rectors, should have every safeguard
thrown about the security of their
money.
The National tribune., 1906-08-16

Plans for restoring to the Missouri
River some of its old Importance as a
traffic carrier are being matured, and
a Missouri River Improvement Associa-
ton is to be organized, one of the first
objects of which will be to get the Gov
foot channel from the mouth of the riv-
er to Kansas City and also improve the
navigation above that point. 1t is ex-
pscted that all the commercial associa-
tions in the Kansas City territory will
join actively in the work and bring in
fluence to bear upon Congress to secure
the desired legislation.
The National tribune., 1906-08-16

Incredible as it may seem, a low
salaried clerk or two secured large al
lotments of the Panama Canal bonds,
and then made several thousands of
dollars by selling their awards to bank
ers. This was very cheap and easy
gambling, as all that the clerks invested
beside their not oyervaluable time was
a two-cent stamp each. They incurred
no responsibility. but simply made out
bids to the Secretary of the Treasury
which happened to be accepted. II
seems strange that the Government did
not protect itself by requiring a deposit.
and 1t is announced that this will be
done in the future. and all bidders for
the Philippine bonds will have to make
deposits with their bids before they will
be considered.
The National tribune., 1906-08-16
CcMa!ANDER-IN- TANNER.

The year OF Commander-in-Chi
Tanners administration of the affairs of
the Grand Army of the Republic is now
drawing to a close, and it is one upon
which every one can look back with
unmxed satisfaction. Comrade Tanner
has met in every way the highest ex-
leave the Order, when he lays down
the gavel, stronger in the esteem of the
public than at any time in its history.
He has contributed very much enhance
ment of the Order in the eyes of the
people, for wherever he has gone he
have been of the highest order. and
adequately represented the aspirations
and aims. the hopes. the desires and
needs of his comrades.
Wherever he has gone-and he has
gone everywhere-he has awakened a
much stronger interest in the Order,
both inside and outside its lines. Civil
ians have been impressed with higher
appreciation and respect for the veter-
ans, and look with a kindlier eye than
ever upon them.
Unquestionably much of this marked
increase in warmth of feeling for the
veterans is due to themselves. to the
unfiinchingly high character they as a
body and as individuals have maintain
ed since the war. to the subsistence of
the passions engendered by the war, to
a fuller recognition of the tremendous
ness of the struggle they maintained.
and of the immensity of the results won
by their valor and fortitude. These
kindlier sentiments, like many other
meritorious feelings. might have re-
manned dormant and voiceless had they
not been brought to expression by the
magic of Jim" Tanners eloquence. He
was a fitting representative. a highly
talented spokesman for the veterans at
precisely the right time. and under his
words "men's feelings were to fullness
wrought"
Comrade Tanner has grown immeas-
urably in the affection and esteem of
all veterans and their friends in the
year that he has been Commander-in-
Chief.
The National tribune., 1906-08-16

tellectual stratum than the Lutherans
and Calvinists. whor were dominant in
their communities. and speedily came
into bloody collision with them. They
were grevously perseeu,ed by their
neighbors. and in the end they nearly
all immigrated to Pennsylvania. Mary
land. Virginia. Ohio and Indiana, where
their descendants are known to this
day for their excellent farms. their la
borious habits. strict morality, infiexi-
BILE thrift and peculiar costumes for
both men and women. AS they settled
far from the great ocenters of popuia-
ton. in order to live their lives as they
felt God would have them. they were
of the greatest value in developing the
remoter parts of the country. They are
the true pennsylvania Dutch" the
marked characteristics of which are
well known all over the country Their
stubborn adherence to their religious
ideas. even in this day, when church
bonds seem looSening everywhere. is
shown by the census of 1900, which
gave the various sects of Dunkers 3,25S
ministers and LIPS churches. with the
various sects of Mennonites having
1900 ministers and 757 churches. This
does not begin to show their full
strength. for many of the later genera
tions have united with the Baptist
churches and are counted among the
millions of Baptists in the United
States
The latest great immigration of Ger
mans was that which followed the po-
Iitical troubles in 1s4S. usually called
the Revolution. Into this premature
struggle for a united Germany went all
the enthusiastic, idealistic. educated
young Germans, and when the mon
archical armies suppressed the insur-
rection they fed to this country by the
tens of thousands bringing hfther not
only an invaluable accession of educat-
ed young manhood of high ideals. but
a wealth of skill In various industries
which was to the highest profit Of the
United States. They also brought with
them a great deal of military training
by which the Government was to be
benefited in the war of the rebellion.
The young men made the best of mill
tary drill masters and instructors, and
such commanding officers as Osterhaus,
SigeI, Hecker and Steinwehr illustrated
the natural military capacity Of the
Germans for warfare. AS we have said
in beginning. we have heard great
deal about what the English, Scotch,
Scotch-Irish and Irish have done for
the development of this country. but
the story has not yet been adequately
told, or even told at all. of the immens-
ity Of the service, fof the Germans in
every capacity that has made for the
greatness Of America. They have
marched alongside of the rest Of their
fellow-citizens In every department of
effort, as pioneers. as farmers, as manu-
facturers. as scientific men, as soldiers
and as statesmen. In whatever capacity
they have appeared their character and
achievements have redounded to the
higher luster Of the German name.
The National tribune., 1906-08-16

An especially hard blow at the meat
trusts has been delivered by the devel-
1t is alleged. with much evidence to
support it, that the meat furnished un-
der contract by the beef trusts is of
very inferior quality and much of It
actually unfit for human food. The
testimony of the stewards and cooks as
to the meat is very damaging, and it
looks as if a thorough investigation
will have to be made.
The National tribune., 1906-08-16

President Peter w. Reitz, of the In
ternational Teamsters' Union, has tai
ents which should make him a con-
spicuous public parsonage. In fact. he
has positive genius which was evinced
at recent picnic of the International
Teamsters' Union, near Chicago, where
the drivers of the department store
wagons were guests. Mr.. Reitz, who. In
spite of his German name, possibly be-
cause of IL. since the Germans are walk
ing up to the evils Of beer. decided that
there should be no beer served at the
picnic, and instead of the drugging and
stupefying schooner he substituted a
very appetlZing miIkshake made artisti-
cally. and which proved more accept
able to the guests, male and female,
than a stein of beer with a collar an
inch high. Everybody was voluble in
praise of Mr.. Reitz's excellent fnnova-
ton. 1t was so highly praised, in fact,
that there was boom started at once
for him for the Presidency of the Inter
national body. Seriously, this is one of
the most hopeful signs Of recent years.
If such a body of men as the teamsters
of great city can be made to highly
approve the substitution of milkshake
for beer at their outings a great step
has been made in Temperance reform.
1t has all the elements of surprising
invention. for we are certain that none
of the men and women who are so in
terminably voluble as Temperance re-
formers have ever suggested such a
pleasing and agreeable substitute for
beer as a milkshake. The main trouble
that we see to the universal adoption of
this substitute Is that milkshakes will
not be made as artistically and appe-
tiZingly as those produced by Mr. Reitz.
Temperance reformers are notoriously
bad cooks and. sad to say, Temperance
hotels have usually been the places that
men and women who wanted good
cooking carefully avoided. If the milk
shake is to become a really popular
substitute for beer Mr. Reitz ought to
take steps to see that it is only made
by skilled hands who know how to give
it the proper effervescence and agree
ableness. Nothing will kill the reform
so quickly as to have the concoction
made by any of the bunglers who will
undertake the work.
The National tribune., 1906-08-16

The Elmira Daily Gazette, one of the
leading papers of New York State, has
this just and feeling editorial:
"There is no reason for rejoicing be-
cause the pension roll at last IS de-
creasing. Would that this were moi
true: VINO would not gladly have the
pension budget twice as large if we
could keep with US the men who saved
the Union? 1t will be sad day, indeed
when in place of the pension roll only
white stones in our cemeteries will re-
mind US of the heroes who gave W
life, health. wealth and everything t6
night for the privileges we now enjoy"
The National tribune., 1906-08-16

Tom Taggart, of Indiana, who is the
quarry at which William r. Hearst fires
his double-leaded columns, is not alone
in his troubles. Mr.. Bryan wrote a let
ter from Scotland to Judge Owen p.
Thompson, of Jacksonville, Ill. re-
questing him to call upon Roger Sulli-
van, the Chairman of the Illinois Gen.
tral Committee, and urge him to resign
in the best interests of the party. He
also sent message to the Illinois Dem
ocrats in which he accused Mr.. SulIi-
van Of being one of the principals in
the high crimes and mlsdemeanors
committed against the Democracy of
Illinois" This was a very heavy jar
upon Mr.. Sullivan. but he met 1t firm
~. and replied to Mr.. Bryan that he
didn't propose to do anything OF the
kind. He informed the Democratic
leader that Il was his misfortune that
he jumped at conclusions entirely too
readily. He had been deceived by false
leaders two years ago and was now de-
ceived again. Mr.. Sullivan continued
by saying that he held his seat on the
Democratic National Committee by a
vote of 40 TO 5, and that he did not
propose TO get off the Committee TO
please Judge Thompson, Mr.. Dunlap
and others who had "lied, slandered and
viliified not himself alone, but a ma
jority of the delegates in the Illinois
Convention" He put a stinger to all
this by reminding Mr.. Bryan that "the
fundamental principles of Democracy
did not include political czarlsnl: that
leaders could not be autocrats, nor fol-
lowers serfs.' So there you are. and
the next move from Mr.. Bryan will be
awaited with interest
The National tribune., 1906-08-16

The Scotsman of Edinburg is the
leading weekly paper in Scotland, and
it has recently occupied a magnificent
new building built expressly for It's use
The erection took six and a half years
and it is one of the finest printing Of
fees in the world. The Scotsman de-
class, progressive paper devoted to the
upbuilding of the people and the de-
velopment of all that make for higher
civilization.
The National tribune., 1906-08-16

remains were buried in Arlingtc1 Aug.
9. The funeral was attended by uelcga-
tions from the Loyal Legion. the 9th In
fantry Veterans Association and the To-
cal Garrisons of the Army and Navy
Union. Col. Regain entered the service
as a musician in the 2d u. s. in 1883.
and became a Second Lieutenant in the
18th L. 8 in 1866. He rose to the rank
of Colonel in 1902.
The National tribune., 1906-08-16

The latest report is that ex-Lieut--
Gov. Timothy L. Woodruff will rally his
forces to the support of Gov. Higgins,
and in return will be supported by the
Higgins faction for United States Sena-
tor. 1t is also on the slate to make Mr..
Woodruff Chairman of the Republican
State Committee if his business engage
ments will permi. his serving as such.
The National tribune., 1906-08-16
who Knew Comrade Faurot.

Editor National Tribune: Comrade A.
W. Faurot, a subscriber to your paper.
was given burial here May Is. Is there
any way his relatives may be traced:
His body was held more than three
days but TO relatives were found. Any
assistance that comrades can render in
this matter Will be greatly appreciat.
cd.-Charlcs Quy. New Castle. Colo.
The National tribune., 1906-08-16
THE FREE SILVER ISSUE.

The Louisville Courier-Journal would
lay no gentle hand on w ]. Bryan's ex-
uberant mouth in the free silver matter.
1t says:
mo great party should ever have
been divided on a question in fiscal
economy, and especially upon n money
ratio. Except that Democratic discipline
had grown lax under inefficient leader
ship. no such issue could have divided
US. Yet in proportion that the masses
of the party were ignorant of the sub
ject. they became the more heated and
intolerant.
Free silverism got to be a craze. pure
and simple. 1t Is over now, and we are
well out OF 1t. Let the dead past bury
it's dead. Precisely as the Democratic
Party. having split wide open in 1860
upon our rights in the Territories
came together in 1868, should Demo-
Gratis in 1908 forget ali about the IS
toll fetch of 1895. In each instance
the issue cost us ruin. the loss of our
place In the Government and the popu-
lar confidence, and recurrence to the
one were as foolish as to the other. We
might as well discuss the institution of
African slavery as the issue of free sill
yer. Each is as dead as Julius Cesar.
From the ashes of both. Phenix-like.
the party must rise again. and take
wing. soaring with the eagle and the
Flag, through the blue empyrean."
This is hard common sense mingled
with fine rhetoric. in Henry Waiter
sons best manner. Mr.. Bryan will be
wise II he let's the good advice sink into
his very soul. There are plenty of liv-
ing issues which the Democrats can line
up on, and which the Republicans have
good reason to fear they will. Nothing
would please the Republicans better
than to have Mr.. Bryan give the 10
to-1" idea the utmost prominence.
1t would be like his fathers trying to
make the Governments right to coerce
a State a leading issue In 1884, when a
very brilliant and successful coercer of
the Southern States was running as the
Democratic candidate for President.
The National tribune., 1906-08-16

The New Voice of Chicago. the lead
Ing Temperance paper in the United
States. publishes The National Trib-
une's article on the Beer Octopus in full
and highly commends 1t.
The National tribune., 1906-08-16

those who intrude against the law. SO
far Japan has not made any representa-
tions in the matter, and probably ac-
cepts the fact that the men who were
slain received their Just deserts.
The National tribune., 1906-08-16

1t may be consolation to disappoint-
ed politicians to know that the rabbit
hunting promises to be very fine this
Winter
The National tribune., 1906-08-16

For long time there has been strife
inside the Roman Catholic Church be-
tween the Engli5h-speaking and the
n-Ea glisa-s2eaking elements. The lat
ter .2ayo claimed that the English
spsakl:3 members of the Church, large
The National tribune., 1906-08-16

Maxim Gorky talks like a tramp
whom the missus has threatened to set
the dogs on if he don't leave the yard.
The National tribune., 1906-08-16

Office: sss PENNSYLVANIA Avenue n. ".
Daily press. [volume] (Newport News, Va.) 1896-current, 1906-01-06
STOCKS AND BONDS
Market OeVe|opes Strength Follow.
ing Lower Money Rates.
sCH|fF's REMARKS DISCOUNTED
Union Pacific Continues to Be Lead.
or and ite Close Is Higher--h!oncy
Coming to Nsw York From the
irtericr.
tBy Associated press.>

10Y iSSSOtldLtN EEtS=.t
NEW YORK, Jan. i.--Thc strength
OF The stock market today showed
less restraint than at any time this
week. The relaxation in the moucy
market vas moro pronounced than
since the turn Of The year.
There was Il much calmer view OF
the remarks made yesterday by
Jacob H. Schin, foreteling the
greatest panic in history unless
changes were effected in the prevail
ing currency system There seened
10 be considerable demand to coyer
shorts on the part Of bear operators
who sold tie market hastily on yes
terday's break.
The active and vigorous support
OF Union Pacific was Of special sig
niiicance ns reelection OF the mar
kel attitude Of the banking interests
from which yesterdays warning
came. The copper stocks rebounded
violentl? from the fierce raid made
upon them yesterday and SO relieved
the market from one of It's principal
factors of depression. The forecasts
OF the cash changes of the week
showed Il large movement oc currency
to New York from the interior. Mon
ey was offered for loans on call
much more freely aud from the early
high rate of 8 per cent. the rate
was forced. down after tho active
demand OF the day had been satisfied
TO belo" . per cert. The easing of
the money rate was followed by an
advance in foreign exchange.
Pending meetings for the consider
atoms OF dividend action were the
grounds for some OF the special move
mehis i'll prices, notably in Union Pa
cific, Ainalgamated Copper and Amer
lean Locomotive. The sharp rise in
, the hansas City Southern stocks was
In CONNECTION With rumors Of absorb.
ton for control il tbs interests in
ST. Paul.
Light selling TO take profits dur.
iAG; the last hour Nas absorbed easily
Daily press. [volume] (Newport News, Va.) 1896-current, 1906-01-06

may not suliy by the commission OF
an unworthy deed or the indulgence
Of an Impure thought The veriest
;ri0e thus becomes of Importance III
influencing the characters Of men.
Fowler BUXTON. when occupying
an Influential position in life, wrote
TO his mother: ~ constantly feel.
especially In action and e1ortion 70.
others, tue effects OF principles early
implanted by YOU IN my mind"
Lord Largsdaie. looking back upon
the admirable example in life set
by bis mother, declared if the whole
world were put in one scale and his
mother in the other, the world would
kick the beam. Mrs Pinviclr IL
her old age would recall the inliu.
ence exercised by htt mother upon
The society in which she moved.
When she entered the room IL had
the effect Of Immediately purifying
the moral atmosphere and raising
;ha tone OF the conversation. nj.
seeming 20 breathe moro freely ana
staud mora erectly in her presence.
Nheu We see the example Of the
High Pops CT Philistia, whose laws
are likes the Modes and Persians.
never changing. 1t has strong re
sem5lance TO what Paddy said OF
his drum, when he kicked the head
ct ia big fuss. but nothing in
IT, and the atmosphere IS imme
diately changed 20 Z nectar com
Elexion A. 3. c.
Blooddeld. Jcn. ., 1868