The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1908-12-11

WASHINGTON Tho tur.alrp pf pr,.I.
.,.
N'"l h""a'''' "'' '''" J." "'.'
houses OF congress Tuesday In sub.
Glance the document WIS as follows.
=" NV S,"". ""' ,""a' vi i'p' ''",
NSt'Fcs. INC N"'N''N' stunning "I I"'
H'uoh ~ "' i.'s'h' "'''' !" 'N.''''.r
~" 'h' "h"I..A. u. ,.''"' i''"' "' '"' va
won '",'''..T IVY ''' t.'''"".'|l '''.
ahs lh' I',l N..'" 5'lI' nus SHOWN '.'
most sAI.''. TORY results. hIi our cur
reh'y '.H'I I'D .. '"p' l.'l' ana u ~ car
h"H'S T." %" ..1"N mat '"" currency
S''''I'.7. ''h VII. I" '''' u" I''l','
u"I"HHhIf goo 'NN'H, "hl'h VIII 90
H"AS VIII" 3D. 'N'''''A "'''''N
During ITO l.'iod from Juiy ]. I"I q"
S"p'"iu'"f 20. .'N. iH.f" was an IH.''As"
IN the amount OF money IN circulation ni
s''aH' ..' Tie Increase Ia tie pr capita
durlnE 'lia period "ia So" Ni'Hn lH'a
KIN" t'te were several Occasions "h'H
was he''a..'F lN' me |''.+Ih 4"
p"i0H'h' 7" .'l"' y" We i'''' 'I '"'
h'H'F HnTh'l nF pun, H'n'H or i'''"'P
Mons OF 'hll'1 7I'''" h"ii'. 10y h.'''"'
hf o'N"..'s IN n"Il'hhI banks, hf sum
u!hlhE "dlI'l'Hhl ISSUES "l national b"hh
notes. ana ~ I"'lilA'lhf h"p2I'a'I'n'
IRON abroad ~ E"IH Our imperfect cur
reh'y '>s''h mas mao" mos. p''''' .i'nEs
necessary ana fh'S were 'Ii"nN'c uh'l
thc monetary di''Hi"n'" IN NE IAN "l
isJ, Immensely increased IN" diUlrul'F "l
ordinary methods "i I'llri ny the ma
dc OF November 10" hVAllahl" ""iHinE
ohlhho' IN t'' 'r'asulS hhH "''n reduced
70 approximately '''"h.'N clearing
mouse associations Throughout me touh-
Try hha h',h "h"E'l l" resort 10 inc
@Npedient OF ISSUING clearing house Ger
tIhnnt'S' TO b" used as money In TINS
emergency "'. a. l,fin,nou To 'hN'.
SUBSCRIPTIONS Tor s''F'"l i"hhma rahh
bpHds. ana 3Ur"r"' thfc" per c'u'.
ceruhchics OF Indebtedness authorized hy
the act OF june ". l'N. II was proposed
10 redcposlt .h III" hhu"ihI b'htS IN"
ptocecdS OF ih'7e issues ana l" permit
,ntlr use avs u"s'H iot auI'''"i''' ''tru.
t""nE "u''s ~ n"'''iI'' nNI'hN. l"'
mlota' eH',t "l ''S P'o'''"'p was so
~, .n, ,5,"' ~ "'a w. sou W. ''aH, .,,N
$1,000 Sc "i 'h' n'i'h' n'h'1 nnI VIZ
N~o''' VI ''' '''''l JUS VI ''"'"''"''H7'
During the period from July l. 1901 ID"
heptemb'r ~, E'' me nhi'n'r between
inc net ordinary receipts ana To" net
oa,mIS i.,,, ' g F"a,r,''' ,,,s
1903, 1896 and 1901. and A drnrit In the
OF the fiscal year 1909 The not result
was n surplus ~ So. gSl 4I3 s. The nnan.
cIal operations uf the government during
This pcriod based upon these differences
between receipts and expenditures. re
suited in n net reduction of the interest
bearing debt Of the United States from
tgS7. I4I 0iO 10 500. 253 900. Notwithstanding
that there had been two sales " Panama
email bonds amounting I'm the aggregate
90 s54G3l. $50, and an issue Of three per
cent certificates OF Indebtedness under
the act of June l3 1898, amounting to
Sis 43s 800 Rcfunding operations of the
treasury department under the act Of
sion into two per cent consuls of 1890 OF
goo 3Og 400 bonds bcnrinE higher rates Of
interest A decrease Of 2s.GS7 $50 In the
annual Interest charge resulted from
these operations
In short during the seycp v,,rs and
tbrec months thcrc has hrru n NOT s,,
plus Of nearly one hundred mIlIions OF
receIpts over expenditures "A rrductinn
OF the cst-bcurlnp drht nv ninr,v
pnIIIIona +, snft. NJ no ,,tr,,r,li,,r, a.
nenso ~ tho ppnnrno rrnnt md , .a,.t,,,
Of nearly nine millions on tho annual
Interest charge.
cor.roi ~ co-aor,,;o,,
" S0' "''0''
As regards III" great corporations en-
RaEed IN interstate business ana eap'-
'sialiy the railroads can only repeat
what nave hifeany AGAIN ana again SAID
an my n'ss"G's 10 'ht CONGRESS. pc
neFe thht uhIer to inteiS'h'e 'ihuse OF
inc GonS''uti"n Wv ,n''cu states nus
.S""pl,'' ".' pN',s''''"', '.h"l W con-
gro, an "E'nC''S VI 'Ht''Sl .,i c""I''lcrCe'
mo S'"V'S 20. w 'a,t""a' h"'pt a.
Ht"t RUN 'om - 'H,.- ''e ''''' i'h.' WIN
WISDOM WI" - , ., 'u 10 Jun "
secure Jus''.u atuI,', '.'u ~ no justice 70.
t"' So t,, 49,, ni' 'Ii'
most h,'Pui ,nn, 49, :" ''uuvtn puSl-
ne. o,,a,, 20 ,rot,vi, 10, .',n"
.o"s a., a., ,,. 'na
oI'it 80 ., t., hS,n,,s.,' y,,,h -, ~
~ s - -. ,n,norfn,,r, a,,I 49,,
-, - o,,rnrcam.nt ,,',rLs 81
squ""', ~" - hrt,t,t, a 80
inos. on,,a,',,a 49, ins,ond 81 s, ,,,.
49, 49,, 20 nrohih,t Mi cnrh,natIons
Voc VS. hnn ". srrs,i,utc1 n i"yr ,,,rIcb
ahnn expressly permit combinations
,,htcb arc I'm tho interest Of the publlc.
49,, sboII q, tho same time give 10 acme
.ro,ry q, tho national government fulI
nower Of control and supervision over
,hem ono OF the chief features of this
cnntrol should he securing entire pub
i,c,,y 4, ali matters which fine public
has n right 10 know. and furthermore,