Logansport Pharos-Tribune from Logansport, Indiana on April 23, 1895 · Page 4
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Logansport Pharos-Tribune from Logansport, Indiana · Page 4

Logansport, Indiana
Issue Date:
Tuesday, April 23, 1895
Page 4
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John Gray's CORNER ON Chenille Covers unr! at the lowest possible figures. Every lady wants * new cover for her stand when iipririg bouse cleaning is O'-er und John Gray's is the place to pet one. p. g. —Another case of those bargains* bed spread* are on the way •nd will be in thin week. These are positively the best bargains ever •flared. Go and look even if you do not intend to buy. State National Bank, Logansport, Indiana. CAPITAL $200,000 ...AF. JOHHUON, PKKS.LJ S. W. CLLKHT, H. T. HKITBKINK, CASOHKH. —miascroiw.— :..*. W. Johnson S. w. Cilery, J. T. Elliott, W. M. Elliott, W. H, Snider. Bay and sell Government Bond*. •Loan money on personal security and collaterals. Issue special oer- MfloateH of deposit bearing 8 per oenl when left one year: 2 p*r cent per •nnam \»b«»n deposited C month*. BOIOB in Sufety Deposit Vaults of ifalB bank for the deposit of deeds. .Insurance policies, mortgages and «ther valuables, rented at from $f •to $15 per year HOYT'S Sure CureiTor Piles._ LuiKiiiT CKNTKU.O., Feb. 15,189-1. , To whom It mtur concern: , . • ImostlKMtrtliy rcc-omninnd "Hoyt s Snre Cnro f»r Pllt'S" to itll who xiintir from this iinnojlnK «*rji««, [ sulfcreu with Flics for lenm, find tried '. ''wrlOUii MinPille.f, none of wnlcli nfTord«l moro •''than temporary relief. Aiiont six months ago I :-'!Bfocurei)onoHib«or Hojt'sS'Te Curfi for Piles '•'• Hd oscd It nccimlli'C to dlrcctluns two weeks, nt , ; U« end ot which tmm th« ulcers illsui peuml nnu • line not sines returned. 1 b«llev» the cure '« :..»oinplete. D. S. illBJsa. For Sale by Ben Fisher. : lake Erie & Western, Peru Union SUtlon, ThronKh tickets sold to points In^the United .-•talei and Canada. : SOUTH.; Arrive.! ".Ife. 21 Indlnnapolls Ex.. D " i. 23 Mill I A KxprmsS ll£8nm H 25 Toledo Express, S i>. 29 Evening Express S..._ 8:10 p m »161 local i'reuhitt <•* P m SOUTH. Arrive." i. aoMnlt ft Express S 10:12 a m — _ d.22Mlulil<»n CltyD* -t:30pm 4:4opra »O34 DetroitExprciwS U:66pm • •ife 1M Accommodation 6^., , :00 am • . D. Dally, S, Daily except Snnday, •No. '12 does not run north ot Peru Sundays. fHuns Montlm*. Wnducsduju Fitdajs and Sun- •Itttton* Monday, Tuesday, Thursday find Satur'• Million depot connections nt Bloomlncton nnd .'. Itorla lor pi Ints west, noutbwi'st fiTid northwest. -'IBMct connection* made, lit Lima, ioslorla, • fTMnont or ttincni-k) lor fill points enst. ttmietlinte connect Ions nt Tlpton with twins ,« Maini Linoimdl. AM. C. Plv,, for all points liftmth. South. >"ust »nii West. Depart. 7:1)0 urn 11:45 am 326pm Depart. 10:22 am OOAAINO DOWN! Art' the prices on bicycles, 'so low nr» they now, that they aie within letch of nil, old anrt young, rich and poor am enjoy themselves alike. High Worries lor *45 At tho i BURGMAN EYCLE CO. r r fe, : Kl and *«* for yourself. !t-lh»dQunrters or the Bicycle Messenger Service. . *J1 MARKET ST. PHONES). W ANTED. •25 00 Old°RrtIiib]fl"'piater. "Every ...~.- f *f rusty, vorn knlvrs, forks, spoons, etc Quick rnlaWd ImtlpUnc In melted i> elal. J-o exper ws or Kara work; a tw\ Jltsfitlon. Address P, Harrison dt Co. Clerk U. Colnmbus, Ohio. ray constant employment. Writs KUwan- r "" A Barry, ill. Hope Sonerles, Bocaestsr, I. ORSALE-A stocK ot .groceries also a rnwit market In connection. Loccwd on one of tne ftclpft! suwts in an arUtocratlc nBlEhborhooa a cur » short distance from public square. Ion or addr*»« 2M Delphi AT*. Marlon, lid. |1N h Hi and dry; n* : wod W»KM. pay weekly; no cap- ittady work. OL1N BBC&, Roehntet. OAIIY JOURNAL Published every dar In t&e we*" (except Monday) by tbe LoeAjaPom 1 JOURNAL Co. frXOOBPORATID. W. S WEIGHT A. HABHY C. W. GRAVES S. B. BOYER Plt» OE VICK PHI na - 3KCH, 1*8 Price pep Annum Price per Month S6.OO SO THE OmciAi. PAPKR OK THE CITT. [Entered a» second-elfins matter at tLe Logani port rout Office, J-ebrnarrB, 18S8.1 TUESDAY MORNING. APRIL 23. COLLIS P. BUNTING-TON, the railroad magnate, has come to grief on account of issuing a free pase over the Southern Paoiflc railroad in violation of the Interstate commerce law. He was arrested on the charge in New York yesterday. Now COMK3 the report that the North pole has been found. It is to be hoped that it will prove true and thus prevent sacrifice of life in polar expeditions. A Norwegian scientist named Fridtz who Bulled from Chrlstinna June 24, 1893, is re ported to have made the discovery JOHN L. SULLIVAN, the pugilist, at last appears ID print in a creditable connection. Ho extinguished the flumes that wore burning a woman whoae clothing had ignited and burn od his hands severely In doing the brave deed. The woman although badly burned will recover. TOE Georgia Medical association has by unanimous vote expelled a physi cian because he advertised in a 'news paper. The liberal sentiment that has made progress in some parts of the country evidently has not reached Georgia. There ie no good reason why a physician should not announce his name and profession in print. IT Is thought that Secretary Gresh am will persuade the President to give him a seat on the supreme bench before the close of the present administration. Justice Field will retire BOOE on account of ago, and it Is probable that Gresham will get his eeat. The change would make no difference in the political complexion of the bench. WITH the purchase of the Times- Herald by H. H. Kohlsaat, Chicago Is without a single Democratic morning newspaper printed in English. The Evening Poet is also Included in the purchase. These papers which have previously been Democratic have be come Republican under Mr. Kohlsaat's ownership. He was until last summer the principal owner of the Inter- Ocoan. ALL the cranks are not dead. The press dispatches state that J. A. White, of Columbus, Ga., who has been an unsuccessful candidate foi Mayor of thai city and who also made a losing canvass for sheriff of hie county has announced himself AS a candidate for the presidency. Mr. White's 111 success In politics has evidently made him a maniac on running for office. THE usurious pawn brokerage sye- tam in New York City has been crippled by the Provident Loan Society, which operates in that city as a branch of the charity Organization Society. The latter opened a pawn-shop In New York sever il months ago and charged only the low monthly rate of one per cent for loans, As a result several of the pawn shops have just announced a reduction from two and one-half and three per cent a month to one per cent. In Pennsylvania there is an agitation now going con for a charitable pawn- brokerage system countenanced by the legislature. It is right to protect the poor of the large cities from the out rageous preoentage often charged by pawn brokers. HAVING reached the age of 64 years, Major Gen. Alexander McDowell McCook was yesterday retired from ,he army after forty-three years of service. General McCook belonged 10 a family of fighters. His father and all his brothers wt-re in the field with him fighting for the country at one time, and four of them attained the •ank of general. The Secretary of War after reviewing the career of the gallant General who retired yesterday from active military service, from the time that he entered the service in 1852 M a lieutenant, aaid in closing: •'He is the last survivor but one of _ gallant family, which gave a father and every eon to the military service ,n defente ot the country, and loat /our dead upon the battle field. A FLAT FAILURE. The Dlssrawfal financial 'Kecord of the Clcvlttml AtltniiiirtLrHtlon, The Congressional Record of the FifK-third congress contains on the first'pas-e Congressman Dockery's remarkable statement, in which he eulogizes President Cleveland's payment •>Ahe public debt under the revenue .-cceivecl from the republican tariff, but omits to make any refuvcucc to his increase of the public debt by a democratic- tariff, lie states that the bonds purchased during President Cleveland's iirst term amounted to $388,07-1.850, while those purchased under President Harrison amounted to fiDO,093,U30. And there he stops, lie does not make any reference to what President Cleveland has done since a democratic tariff was in force, either actual or prospective, for it is a conceded fact that a prospect of a democratic tariff began to makp its effect apparent upon the receipts of the treasury within a very short time after the election of 1302. The election of a democratic con-, press and president in November, 1892, was followed by a rapid reduction in the receipts of the treasury, the receipts of the year following falling 530,000,000 below those of the year just preceding that election, while those of the year in which the tariff law was actually enacted fell $05,000,000 below those of the year prior to the election of a democratic congress and president. If Mr. Dockery had made his statement absolutely fair and accurate it would have stood about as follows: Cleveland's reduction of public debt under a republican tariff, $338,042,830. Cleveland's increase of public debt under democratic tariff, §104,2-17,301. If he had carried out the statement further he would have shown that Mr. Cleveland's present term had been a constant violation of an apparently mandatory law with reference to the sinking fund. The act of February 23, 18C2, establishing the sinking- fund, and which stands without modification upon the statute books, says: That all duties on Imported Roods shall bo paid It; coin or In notes payable on demand hero-torero authorized to bo Issued and by law receivable In payment ol tho public duties, and ihn coin so paid shall bo sot apart as a special Ttmcl, nnd shall 1)0 applied as follows: (I) To tho payment In cola of tho interest on tho bonds and notes or tho United States. (-J) TO tho, purchase or payment of OQO per coin, of tho entire debt ot tho United States to bo mado within each llsoul year after July, 1802, which is to bo set apart as a sinking fund, and tho Interest of which shall la like manner bo applied to the purchase or payment of tho public debt, as the secretary of tho treasury shall from time to time direct. (3) Tho residue thereof shall bo paid la the treasury of tho United States. So it appears from the reading of this law that a duty of the secretary of tho treasury is to first deduct from tho customs receipts enough money to pay interest on the outstanding debt, and then to take from that fund enough to pay into the sinking fund 1 per cent, of the outstanding debt and the full rate of interest upon the bonds purchased for a sinking fund, thus paying to itself interest upon the bonds which, have been, from year to year purchased for a sinking fund. Duder this law, the government has to set apart about 847,0*00.000 each year for this purpose. During President Harrison's term there was set aside much more than an average of $47,000,000 a year. Under President Cleveland's present term, however, the amount of bonds purchased for the sinking fund do not amount to a single million of dollars, while, on the other hand, he has added 3164,000,000 to the public debt. The statement of the secretary of the treasury showing the purchase and redemption of bonds on account of .sinking fund gives the amount, for the fiscal year ending June 29, 1804, at less than 5250,000 and for tho preceding year a little more than §300,000. On these subjects Mr. Dockery is silent, lie shows that Mr. Cleveland's additions to the sinking fund, through the receipts coming from the republican tariff, were extremely large; that the addition to the sinking fund during President Harrison's term was far more than the law would have required during the four years; but he does not state the additional fact that President Cleveland has deliberately ig-norcd the law which makes it his first duty after paying the interest of the public debt, to set aside S47,- 000,000, per annum, for the sinking- fund, or that in addition to thus ignoring the law he has added 5163,000,000 to the interest-bearing debt, while the new democratic tariff law, in its first six months, fell nearly 550,000,000 short of producing sufficient receipts to meet the current ex], jnses, aside from its failure to add anything- to the sinking fund. That is the measure of democratic incompetence to handle the national finances properly.— Toledo Blade. What Republicans Will Do. In a recent speech Senator Frye said: -Give us republican rule for a single decade, unlimited, uncrippled power, and we will show the people the beneficence of republican legislation." That is exactly what the people are going to do. They are going to give the republican party power for more than a decade, for three decades, or -until the memory of these democratic hard times has vanished again and the people are foolish enough to give another trial to the destructive policies of the democratic. Senator Fryc went on to predict that ten years of republican power would give work to every man who wants it and that at wages which pre- •ailcd in ls.92. It would restore tho Before We Pull Up Stakes! f And remove to our New Store now rapidly approaching completion, and we propose to make them (the 6 days) memorable ones in the history of Logansport Clothing Trade. A Rebate of 2O per cent Will be given on all Suits and Furnishings. Now is the time and Harry Frank's is the place. No better opportunity was ever offered. No mercy will be shown on Heavy Weight Suits and Overcoats. Cost or value will cut no figure. Prices will be ripped and torn into shreds. They must go and will go if Half Price is an object. This is a bona-fide CASH SALE. No goods will be charged and no orders accepted at this Money Losing Sale. The public is invited. Hf\ NK New York, Logansport, Delphi, Flora. stars and stripes to all trie seas. then he added: "Wo will annex tho Hawaiian Islands, fortify Pearl hnrsor, build tho Nicaragua canal find marry two oceans. We will show people a foreign policy taut Is American in every UDcr. and hoist tho American 1 liar on whatever Island we think best, and no baud shall ever pull it down." All these are objects which are worthy of your assistance. The making great of this nation is a work that lies with the republican party, in the future "S in the past.—Iowa State Register. THE SUPREME COURT DECISION Republican Opinion! on the Income Tax Verdict. The income tax law, or at least a part .'of it, has been decided to be unconstitutional. Will this mean bond sales .to provide funds for current expenditures, or will congress be called together to provide for an adequate revenue?-—Boston Record. This practically defeats . and overthrows the law. If the income from the landlord class, from the Astors, the Sharon estate, the Luning estate and the like cannot bo reached, the people will not consent to allow the law to stand.—Sau Francisco Chronicle. The law is likely to become more unpopular on account of this decision than it was before, and the chances of its repeal by the next congress will be correspondingly increased, particularly in view of the fact that the revenue from other sources promises soon to be sufficient for all the necessities of the government.—St. Louis Globe-Democrat. The income tax measure did not commend itself to the judgment of the wiser leaders in the democratic congress. It was a weak concession to the populists. It is greatly to be regretted, notwithstanding the crippled condition of the treasury, that the court could not have thrust the whole body of the law out of the statute book.—Baltimore Record. The decision of the supreme court will bring the income tax question prominently before the next congress. The demand will be for a repeal of the remaining portions of the income tax schedule, with the possible exception of the tax on corporate investments, and the substitution therefor of either increased import duties or new internal revenue taxes.—Omaha Bee. • • The queer decision of the supreme court only amplifies the already existing objections to the income-tax principle. It is hardly wortk while to mourn over one more addition to its inequalities and injustices, as the best informed persons have always said, as the. experience of this and other governments has proved, the income tax is -itnjust and unequal.—St. Paul Pioneer- Press. The supreme court has not done itself credit by its failure to decide as to I the constitutionality of the income tax, and yet has practically taken the life out ."of that offensive law. It is the crowning- disgrace of the party now in power and of the president, who permitted the income tax to become a law that every democratic justice present held parts of the measure and two of the three held the whole of it uacon- stitntionaL—>". Y. Tribune. We cannot affirm that the conclusion reached by the court is a surprise, but it is certainly a defeat of the object Highest of all in Leavening Powo.—Latest U. S. Gov't Report ABSOLUTELY PURE had in'vicw when the income tax was injected into the Wilson tariff bill. The business of tho country, already staggering- under the pressure of constantly depressing 1 values, falling prices and constricted markets, must shoulder this additional load and carry it as best it can, while tho coupon clipper and the rack renter g-o scot free.—Detroit Tribune. The public was prepared for a general condemnation of the law or for the maintenance of its constitutionality, but very few anticipated that the income from rents would be exempted from taxation so long- as incomes from other sources were allowed to be taxed. Incomes derived from property other than lands represent the labor, skill and enterprise of their holders quite as much as do rents, and the latter are much better protected by their nature from the numerous dangers which beset capital.—Baltimore American. CURRENT COMMENT. C§f"The democrats are afraid of McKinley. They have reason to be afraid of any man who carried Ohio by more th?n eighty thousand majority.—Toledo Blade. J5g?~Thc official statement for March shows a net increase of over eighteen million dollars in the public debt. The national finances continue to "go democratic,"—Troy Times. ES'Tres idcnt Cleveland was gracious enough to tell a Methodist minister that he had need of all tho prayers the church could offer. But the administration needs more than prayers—it needs bruins.—Iowa State Register. UjgfThe treasury gold reserve is increasing again, and will continue to do so as long as the proceeds of the new bonds are being received; but there is no assurance that another depletion can then be prevented without nego- tio.ting another loan.—St. Louis Globe- Democrat. Eg?"If Prof. Wilson is permitted to put his pet economic ideas into practical operation when he succeeds Mr. Eissell a,s postmaster-general, he will probably see if he can't get the American postage stamps printed in Europe cheaper than he can in this country. There's nothing like being economical when the govcrment needs money so badly as it does now.—>'. Y. Tribune. £2?"The farmers of the United States should put on their thinking caps and study the following statistics: During the seven months ending with January, our exports of breadstuffs were valued at SGG,SOO,234. a decrease of forty-five millions. The value of our exports of wheat declined from $43.- 8G7.7CS to ?^0,997,43G, 'of our corn from glS,033,S07 to $5,210,501, and of our wheat flour from S43,9;;G,200 to $31,878.933. That is the way the democracy is carrying out its promise ta obtain "the markets of the world'' for our farmers.—Toledo Blade. ESfThe republican tidal wave has not subsided either in the manufacturing east or in the agricultural west. In the mill state of Rhode Island, which has suffered so much from the democratic tariff policy, the victory won at the recent state election is more, complete than that of last year. The democratic party there seems to be utterly demoralized. The elections in Michigan, in Illinois, in this city and in other parts of the. stat« and in the states west of the Mississippi show that the republicans hold their own as compared with last fall.—Chicago Tribmjc. HIS MEMORY HONORED. ImpreMlTe Fnner»l of * Correiponddant Shot, at the Storming: of fine l'» n C- One of the largest -funerals ever held in Japan, says a Tokio paper, was that of the war correspondent, Knmayosi Yamasita, in Hiroshima, the present residence of the mikado, a few weeks agx>. More than six thousand people, including representatives of the empire, ol the cahmet and scores. of high and powerful officials, attended it. It was a tribute of the nation to journalism. Yamasita was sent to the front by the Tschin-Kolcu of Hiroshima, At tho storming- of Ping-Yang, while in tho midst ot the fight, he was struck by a bullet and killed. But attendance at tho funeral was not the only honor paid to tho memory of tho first correspondent shot at tho front. On the day of tho burial the newspaper men, authors and politicians of Tokio met and adopted the following resolutions: "Tho duties of the correspondents •who are detailed because ot their education and great abilities to th* front to describe for the fatherland the incidents of the war do not differ in any way from the duties of the officers and troops. The law comes to tho aid of the warriors who fall in battle and provision is made for their widows and orphans. But no one cares for the correspondent, and, therefore, we have decided upon the following: First, if ono of our colleagues fall all newspaper proprietors of Japan are bound to print that fact in a prominent place in tho issue of their paper for three 'days. Tributes of i-egret may bo sent to tho editorial-rooms. Second, all newspapers arc obliged to contribute, in proportion to the fortune of their owners, to a pension for the dead man's family. Subscribers are also requested to contribute. If because of sickness or wounds the correspondent is obliged to submit to treatment for a considerable time the expenses are also to be borne by us." The proprietor of tho paper gave tho widow of Yamasita a larg-e sum of money. He was one of the most briJ- liant writers in the country. What Zoa Phora won't do for WOMANKIND no medicine will. Sold by B F Keesllng and John Coulson. D. W. TOMLINSON. REAL ESTATE bought and soldL- MOXET loaned ou reasonable terms. OFFICE 409 Broadway, 2d floor. Entrance on DR. F. M. BOZER'S DENTAL PARLORS. Over State National Bank, Logansport. Ind. J. M. McKlNSEY, General Fire, Life and Accident loanrmnee. Monej to Loan in Small Amount*. 412 BROADWAY.

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