Sterling Standard from Sterling, Illinois on April 1, 1897 · Page 13
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Sterling Standard from Sterling, Illinois · Page 13

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Sterling, Illinois
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Thursday, April 1, 1897
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I AMONG OUR SCHOOLS S Bj Our Regular CerrtspsreJentt. m Wallace School. Miss Montrose presented ft very able discussion on Expression in Beading At the last teachers' meeting. Hiss Esterly will lead the discussion on Draw- Ing at the next meeting.. The pupils of Boom 1 hire becotae much interested in an article which appeared In a copy of St. Nicholas for 1896. The article tells of the-beginning of the artistic career of Charles Dana Gibson, who has gained ouch eminence In the last few years. He began by cutting from paper pictures of animals and his efforts were eo successful that his boyish work was exhibited at many art exhibitions. In the century appear reproductions of many of his first attempts at paper cutting, and it is easy to see in his scissors' silhouettes, the power he possesses in a great degree of giving a picture in a few. clear, telling strokes. As the pupils hare been practicing paper cutting this has been doubly interesting to them. The following program was given by the Literary Society this afternoon: A Tribute to Spring, Song by Society . ' Secretary's Report; -..Mable Facey JJssay..... ; .The "Weather Fred Facey Essay Sterling as a Summer Kesort Ross Heed Piano Solo.- . ...The Musical Clock Josephine Elliott Medley Birds and Poets Corlnna Crowl • . Bending Nature - Agnes Culver Vocal Duet The Return of the Swallows Nellie Elsele, Lena Gaulrapp Essay.... The Flowers that Bloom In the Spring Edith Sheldon Heading The Flower Song ' Florence Rell — Piano Ductr.-^ .... „ „,...,... „ vot* the mt of tho year to the of Grecian history, and this wiil be more interesting on account of the prominence of European affairs at the present time. The different grades of the school would appreciate slides, should they be provided by the Board of Education, for many times lessons are made much plainer if cbowh on the canvas, and these would probably add more interest to their studies. Program of the U. A. P. Society for Aprils. '•What Is so rare as a day In-—April?" Song'by Society. __... Asa'tOrltlcs'Report. News of the Week John LIntner Hennepln Canal to Date Wayne Scott April Jokes... Timothy Bnckley Music, . Spring Roads.. .....Roy Evans InTectlve on Spring Maude Crnse Sketch: Pleasant Influences of April Nellie Johnson Music. Reading .....Alice McGInnls Great Names and Events Belonging to April '. Martha DIetorle Recitation WInnllred Hoyt Original Story: "One April Fools'Day" ....GusPnelps Critic's Report. " , :-^_ , The members of the high school are indebted to E. N. Clark for the slides which were used in the stereopticon views on Tuesday. ~ Miss Parmelee was absent on account of sickness on Wednesday . afternoon. Mary GaglD, Fannie O'Halr JK eadlng From "My Sum mer In a Garden" Julia Leahy Piano Solo The Flower Song Bopha Frank Critic's Report Song by Society Tonight the Teachers' Reading Circle will meet at the residence of Mr. Hursh and continue the study of the idylls of the King. Balin and Balan will be read at this meeting. The'Sterling School. The visitors this week were Mrs. Johnson, Arvilla Shirley, Mr. Kirk and Mr. Brown. The following were promoted from the B to A Class of Boom 4:. Milliard Haskell, Charley Frankeand Martin Overholser. On the boards of No. 7 are some fine .Drawings of different articles, such as Wrda, Circes, keys, etc., drawn hy the pupils. ''. . : . No. 9 and 1 were entertained by Misses Stoddard and Pratt in the Physical labratory Monday afternoon with atereopticon views. There were over '•'-. 100 pictures of the World's Fair and some of this vicinity weie taken or prepared by the ladies. The pupile enjoyed the treat. , The pupils of No. 9 have been making tests on their eyesight. The pupils of. No. 8 are enjoying "Beautiful Joe" very much. They are bringing in many instances of kindness to animals. , ~ Words are things; ana a small drop of Ink, : —Falling-like dew Bpona~thoughtrproduces~~~ That which makes thousands, perhaps mil' lions, think. —Byron. In studying "The American Citizen,'' the pupils of No. 12 write down whatever question they happen to think of at the time. These questions are then answered in class by the pupils. The following are some of Thursday's questions: 1. Is it right for a man to take An office just for the honor that will be given him? 2. Is it right to put an officer out of office whenever a new party comes into power, provided he has done his duty ? 3. vVhat law was passed in England that banished pat. ronage? 4. Why should not the United States own the railroads and telegraphs? 5. Can art 'educated Indian vote? 6. Does the Pope have power to sell church offices? 7. For how long do the officers of Sterling hold their offices. How is the world ever made better? Not by mean little schemes which some men fondly call practical, hot by setting one evil thing to counteract another, but by the introduction of those principles of action which were looked upoo at.iirst M theories, but which are at last acknowledged and acted upon as-common truths. The men who first introduce these principles are practical men, though the practices which euch principles create may not come Into being in the lifetime of the founders.— Artnur Phelps. Mies Stoddard entertained the members of the High School on Tuesday, with some stereopticon views obtained from the Eastman Kodak Company, through R, N. Clark. Most of them were vJews of the different buildings of the World's Fair,; others were sketches by A, R. Hager. Noah Byers, of the college at EvaiiBton and Ezra Keeney of-Cham- jJStigB viatted the Higii School. Th.eC clftsu of the High School took |h«lr $as! axsmiaatiofi lu English His- imy &n 'fitfttday w} tbi* eii»a» will d»- • _ _ Lincoln School. Over 200,000,000 Ib0. of chickle were imported last last year into United States. Therefore our LV Congress will place it on the dutiable list. What is chickle? . : • The G class history had its first section test this week. This class and the B physiology are entering this new line of test work with energy. * Mrs. Scott will attend the birthday renolon of "Grandma" Carolus at the homelaT Jerry x/aroiua"0n~the twenty^ sixth. The good old lady will be ninety-one on that date 'and is enjoying perfect health" and activity. Such a spirit of industry has seized the young ladles of the 'third and fourth rooms that they are not only improving every moment of study hours at regular school work, but also have brought in something in the line of manual training for recess work. The variegated pieces of alike, etc.,, that go toward building the blocks that will compose the quilts, that are now in perspective, will gladden the heart of the most critical connoisseur. Robbie Moore was overcome with a dizzy spell Thursday morning and fell to the floor; He, however, soon recovered. Naomi Maxon is again absent because of sickness. "Strong reasons make strong actions." . ...s : "What's gone and what's past help Bhould be past grief." .._: " They that ~8tand~higlr<rhaTB-maDy- blasts to shake them." '* The Watson Brothers made their old school a pleasant visit this week. The pleasant days of Spring will be hailed with delight by the pupils. Marbles, the engrossing game of but a few days ago, has gone into neglect; too much snow. When the higher authorities set examples of right living much should be expected in these lines from those in the lower walks of life. The prece- _dent_established by President McKinley is a good one: No wine nerved in the White House. Opportunity: Master ol human destinies am I; Fame, love and fortune on my footsteps wait, Cities and fields I walk; I penetrate Deserts and seas remote, and, passing by Hovel and mart and palace, soon or lato I knock' unbidden, once on every gate. If sleeping wake; If feasting rise before > I turn away; It Is the hour of fate, •* And they wbo follow me reach every state Mortals desire, and conquer every foe, Save death; but those who doubt or hesitate, Condemned to failure, penury and woe, Seek me In vain and uselessly Implore I answer not, and return no more. Harry Werlo, of ih( j Advanced Class in Reporting, is assisting the Adams Express Co. for » few days L. D. Cannon gave his usual talk to the pupils of the Commercial Department Wednesday. Miss Mame Long, who is employed as stenographer in the North-Western Railroad Company's office in Chicago, is home on o short vacation. Miss Long called at the, college and reports herself as very much pleased with her work. Martin Tyne, of the Commercial Department, loft for his home south of Bock Falls Friday. He intends to return and complete the course next winter. •• Frank'Coe, of the Shorthand Department,' says the roads from here to Emerson are anything but pleasant. But, in spite of the roads, Frank shows up promptly every morning. Harry Zugg, a former student of the Commercial Department, has returned from Galatia, 111,, to review and complete his work. Miss Majttie Ward, who was visiting friends ln~Morrison the latter part of last week, returned to the Shorthand Department Tuesday. Will Perry of the Commercial, Department, has finished his work there Mr. .Perry -was a very faithful, energetic student, and will, succeed in anything he undertakes. JUltllENCY ELASTICITY. :NFERIORITY OF OUR OWN AS COMPARED WITH SCOTCH AND CANADIAN CURRENCY SYSTEMS. FRANK WEAVER IS SURPRISED. Their Now Home the Scene of a Jolly . . Gathering. Mr. and Mrs. Frank Weaver, who have recently moved into their line new residence at Eighth avenue and East Fourth street, were most thor oughly surprised Thursday when,short ly after 8 o'clock, a party of forty or more of their friends from the.cJity-Qnd_ ^descended- upon them and gave them a great surprise, and at the same time dedicated the new residence with one of the jolliest house warmings that has taken place in this city for some time past. Shortly before ten o'clock, elegant refreshments were served. Which had been surreptitiously prepared by some of the ladies present. Theeveuing was wholly enjoyable and the participants will long remember the occasion withimuch pleasure. The party broke up ehortly after eleven o'clock and all departed to their several homes after wishing their involuntary, though happy, host and hostess many long years of happiness in their pleasant home. K*«d For More Money to More Crops Jg At One* . Supplied In Other Conntricn, but Kot Jn ThU-Red Tfepe, Cost and J>*l»r la ObtiMal^g Currency Make Our fiytt«m InelMtle and IncreMo Bate of Interest In An**"* and September—Better Banking and Currency gyitemi Alon« Cwi IMd tJ« of the Sllrer Qaectlon. Secretary of the Treasnry Windom eaid in his treasnry report for 1890: "In my judgment ihe gravest defect in our present financial system is its lack of elasticity. » • • Tho demand for money, in this country, is BO irregular that; an amotint of circulation which will be ample during ten months of the year will frequently prove ;so deficient during the other two months as to cause stringency and commercial disaster. The crops of tho country havo r. ::ched proportions BO immense that their movement to market, in August and September, annually causes a dangerous absorption of money. Tho lack of a sufil- cient supply to meet the increased demands during those months may entail heavy losses upon tho agricultural as well as upon other business interest." How hard and inelastic is our present' unscientific currency system, or lack of system, is apparent when a comparison is made with tho currency systems of other countries. In a pamphlet recently issued by tho sound currency committee of the Reform club Mr. L. Carroll Boot illustrates tho relative elasticity of 20 different banking systems in 10 different conntriea He says: "The data secured includes weekly or monthly statements of tho outstanding circulation of tho leading bank currency systems of tho world. Tho period covered in each caso is tho two years 1804 Mlu-r orrr.rs ono rnrmth r-rsrlior <!mn in •.Vf'Hrmrl TS'.o Crplnnntion willvdibont f>onlit. ho found in the Scotch prnctieo of making payments on mortgages, inter- •fst, annuities, etc., at those dates—a practice not followed so extensively in Oannda. "In general B single annual movement may be Said to characterize agricultural communities. This occurs in the fall, and is dao to what -we have come to call'moving the crops.' Its explanation tuny be found in the fact that fanners, as a class, are not accustomed to make nse of bank deposits, and consequently when payments arc made to them for their crops (largely at a single season of the year) the surplus over immediate payments is required by them in the form, of notes—it being tiaques- tionably trne that in any of our agricultural communities in this country the average farmer has in his possession during the sis weeks following the sale of his crop a much larger amount of currency than during tho rest of the year. The result in the aggregate is an extraordinary demand, snch as that which leads in Canada to ah annnal expansion of SO per cent in the bank circulation." , Oregon Fruit am Farm Homes Colony. An Illinois colony is'beirjg to settle on Grain, Fruit and Dairy farms in the famed Wilamette Valley of Oregon. Fruit Orchard Tracts "from fire* acres np. ;f Grain and Dairy Farms, sizes to suit. ; Lands gently rolling, soil very rich. Timber and water abundant- Winters so mild grass is green and flowers'' bloom every month in {he year. Within sixty miles of Portland,. with 100,000 inhabitants, and the best market on the Pacific Coast, MORTGAGE ON HEAVEN. Weldons Give n Trust Deed to an " Reildent~On~lt;— — • The last person in the world one would think could get a mortgage on 'heaven would be-an Elgin man, but nevertheless,;'ateeident'of that city has thlfTaTatinction. Yesterday a trust deed given by the Weldons on the Schweinfurth heaven was filed for rec,- ord. The amount is 812,000 to run ten years, and it is, held by Henry J. Bosworth, of Elgin. ;'.'•'• Builneai College. Miss Ella Kadel, the latest graduate of the Shorthand Department, left for Chicago Monday morning, to accept; a position in a publishing house in that city. A large delegation from the College were at the train to see her off. Miss Kadel was a general favorite at the College, and we wish her success. Mies Daisy Harpham has finished her work la the Shorthand Department and will now practice her art in her father's store in this city. Mr. E. J. Walton is back at College after a successful duck hunt of a few daya. ~ . Jos. L. MoCttbe and H. W. Brown, of the Second Class in Reporting, commenced taking bookkeeping, on Thursday. They will work from 3 to 4, taking this work in addition to their shorthand. , Mrs. Charles Randall called at the College, Wednesday. Miss Nellie Fitzgerald was noticed looking at her work through a pair of new glasses yesterday. Mies Fitzgerald's "speed" is now nearly two hundred words a minute and she wears the glasses to watch the "pot hooks" fly. Several pupils of the Shorthand Department, while engaged in a snow balling contest during a recent QOOQ hour, were "shot" by Mias Ely; the wsapo« was a kodak. Mal'vern. ' The children of Lee Horning are all out of school this week on account of the mumps.. . ' • The road north of the creek is so badly washed that it cannot be used and Mr. Apple's pasture is now. used as-a thoroughfare. •''• . > The Dunkards will begiu Sunday Scho61 the first Sunday in April. John Horning says there were twenty-one callers at his house Sund.ay. Many came to see the destruction caused by the high water last week;•.- Mrs. Scribner, who has been assisting In the care of her sister's bady, has returned home. She reports the little sufferer to be improving. / Willard Murray had a bad spell Friday. He was all alone, his wife being called to attend a sick neighbor. Mr. and Mrs. Samuel McCuen and Mr. and Mrs. Mitt King are each happy over the arrival of a little daughter at their homes. ..••'•' . 1 A portion of the apron of the dam was taken away by a big cake of ice last week. - • The school bell has been fixed and its clear tones are listened to with pleasure, again, Last Friday and Saturday the mail carrier failed to get through with the mail oh account of the bad roads. One day he got nearly to Falrhaven, but the water was so deep that he could see no bridge, so he turned around and came back. ~~~~.~7; Como. Frank Heath, of -Sterling, is visiting his grandparents, Mr. and Mra.' E. Olds. Miss Kate Hermes left for Chicago one day last week. George Anspatch and family, and Will Hunt j and family, of the Bend, spent Sunday at Mr. P. Gohenour'e. Alfred Talbot, of Uoclc ..Falls, spent the latter part of the week at the home of his mother, Mrs. A. Talbot. Those on the sick list are Miss C. Currier, Mra. W. Hart, Mr. John O'Brien and Mrs. T.Watson. Alex. Moatesi who has been sick all winter, is slowly improving.^. Miss J, M, Webster, who has been ill for the last two weeks, |s slowly convalescing. hoTbecn to mum circulation of the period as a base lino and to reduce tho amounts on other dates to percentages of this. In this way a common measure has been secured, and comparison of one diagram with another is facilitated." We reproduce below three of Mr. Root's diagrams -which show in a striking way tho groat difference in elasticity of currencies in Scotland, Canada and the United States. . BANKS OB 1 SCOTLAND—TZN BANES. , " Circulation. 1891. January 27... £0,220,623 Circulation, 1805. January 20.. .£0,847.434 March 24..... 7(3,080,075 •aprirai". 6,280,860 May 19....... 6,809;226 Juno 10 7,008,071 July 14 ...6,087,833 August 11....' 6,43*,085 Septembers. 8,425,071 October 0.... 0,428,808 November 8. e.'BOO.UOO December 1.. 7,280,749 December 28. 6,008,070 March 23..... 0,822,400 April 20 6,005,203 May 18. 7,135,552 Juno 15, 7,440,039 July 13....;.. 7,095,838 August 10.... 0,007,190 September?. 7,041,601 Octobers.... 7,05-1,107 November 2. 7,101,632 November 80. 7,704,501 December 28. 7,320,080 CANADIAN BANKS—TniliTY-EianT BANKS. '1894 ' /S lrt QdAH Circulation. Circulation. . 1694. ' 1806. January 81 ;.,.$30,671,875 $28,017,270 February 28- „. 80,603,'207 28,815,434 March 81,...' ;... 80.702,007 20,444,700 April 80 :.. 20.900,473 . 29,152,162 May 81.. 28,487,718' 28,429,184 June 80 , 30,254,159 80,100,578 July 81 29,801.773 29,788,115 August81...... 80,270,806 80,787,622 September 80... 83,855,160 82,771,442 October 81 , 84,616,051 84,671,028 November 80 88,OZO,868 84,882,740 December 81 82,876,620 82,665,179 UNITED STATES NATIONAL BANKS. in the United States change about as much as in Canada, but the cost of buying bonds at a high premium on which notes can be issued only to 00 per cent of their par value, the red tape necessary to obtain these notes from tho government and -the tax on circulation make a delay and cost in increasing the circulation which practically prohibit an increase until tho need for such increase is past. Therefore interest rates in this country run up rapidly in August and September without appreciably affecting the supply of currency. In Scotland and Canada tho machinery necessary to increase the supply of currency is simple and is entirely in the hands of the banks;, hence the cost and delay necessary are much less than with us. Thus in Canada a few big banks with numerous "branch banks" supply all parte of tho country.with currency. "When"more nioii6y^is~TuelBded"~in~any~ province — aa - in Maiiitobs==Tvfien=lho" wheat crop is being harvested—rates of interest begin to rise. Tho profits of supplying currency in this province are increased,and immediately additional supplies of currency ore sent from the big banks in Montreal, Quebec or Toronto to their brauch banks in Manitoba. Thus tho cost _of moving tho crops'is much lower in Canada than in the United States, where rates of interest go up and down without materially changing tho supply of currency. Of course tho farmers, through increased competition of bidders, who obtain plenty of money at low rates of interest and can afford to pay high prices, reap most of the benefit. There are other advantages connected with "branch banks" which it is unnecessary to explain here. It is sufficient to say that in Canada there is no silver question to disturb business and occupy tho time of politicians and legislatora It is not likely that wo will have financial peace until we greatly improve our banking-and-cnrrency systems. For full particular?, write Oregon Fruit and Farm Monies Colony, Qermanla Llfe.BIdg., St. Paul, Minn.,. Or Powell, Howorth & Dee, ^ McCoy, Oregon. Attorneys at Law. A. A. Wolfersperger, A TTORNEY AT LAW AND- SOLICITOR IN CHANCERY. Office over Sterling National Bank, Sterling, in.. DR. J. A. BISHOP, Nose and Throat. " • Scientific Optical Work- Dr. Gait Block, STEHLING, ILL. 80 YEARS' EXPERIENCE. TRAbB MARKS, DESIGNS, COPYRIGHTS &o. «, i n j, one »endlnsr a«ketch and description may •S^&^rtaAM'ee. whether an Invention I. Communications • - J SCIENTIFIC AMERICAN, lay 4. neat 1895. ijymiUQUg . EXCMJBIVB OF BARK'S ow» DOTES.ON BAND. „ ' Circulation.,. Percent. December, 1898... »204,681,180 102.8 February, 1894 201,882,883 101.6 May. 1804 200,614,419 100.7 July. 1804-. 108,084,684 100.0 October, 1894. -200,870,704 ; 100.0 December, 1B94 200,801,827 100.7 March, 1895 199,430,623 100.3 May, 1805 ,. 204,028,800 102.6 July, 1895 205,480,890 103.2 September, 1895 208,000,813 104.6 December, 1895 209,700.718 • 105.4 February, 1890........... 211,889,760 100.4 These diagrams show that in Scotland there is about 20 per cent more of currency in circulation in November 'than in February. In Canada there is 22 per cent more currency in circulation ia October than in M$y.-In tho United States there was. only 0 per cent change in circulation during the two years 1894 and 1805, and tho most of this change is accounted for, not by the changing needs for currency at different periods of tho year, but by iho sales of United States bonds, which inado it convenient for banks to increase their circulation. Mr. Root thus explains the changes in Canada and Scotland^ "For instance, on comparing tho circulation of Canada aud Scotland, the first thing noticed is that in Scotland there are two upward movements, pue culminating iu May aud tho other iji November, ivbile iu Canada tho former uiovouiuit is entirely aud Ow I World. Mr. Bryan on Equality. In his speech at New York on Feb. 20 Mr. Bryan said: "If any person believes ~a~government~Hb.onld~Einglp-out a few people and-givo-therrr--advantagcs-over- others, he does not understand equality under tho law." This is very true. But, in demanding that silver mine owners be permitted to take 50 cents' worth of bullion to the treasury and have it stamped as $1, is not Mr. Bryan advocating the very inequality under tho lav,' winch he rebukes? Would not free coinage of silver at.a fictitious ratio bo to "single out a few people and give them advantages over others?" Tho owners of silver bullion in tins country are very few indeed.' Again Mr. Bryan says, ' 'No just gov- _ernment_ought, to enable or permit one citizen to injure another citizen." . True, But would not the government do this if it enabled one class of citizens, .the debtors, to discharge their obligations to another class, the creditors, in dollars worth only half as much as were the dollars loaned? If tho government were to moke wampum or conch shells legal tendor.^for tho payment of debt, would it not enable one class of citizens to injure another class? And would it not do the some in depreciating the currency of the country to a 60 cent basis? The people so decided last November. The Qnly Good Paper Currency. All propositions for the retirement of the legal tenders and the abolition of the treasury reserve as a feature of our currency system ta$ coupled with the demand for a banking system that would afford a largo note circulation, one more responsive to the fluctuating demands of business.and one whose reserve would be maintained by banks which would be compelled by the conditions of their existence and by law to protect their notes, and which, through their discount business, have tho necessary machinery' for increasing their reserves or decreasing their liabilities. Such a banking system would provide the paper currency which the American people would rather handle in their tiaily transactions and carry about as pocket money than specie,, —Iron Age. Afraid of 10 to 1 Fire. : The Democrats of Rhode Island will, jt is Baid, .ignore', the currenpy question in their coming'state convention. They will ignore it for tho same reason that a burnt child stops playing with fire. It is to be hoped that the Democrats will profit by past mistakes. It would boa pity not to have tho two great old parties in the field in 1900. Japan's Proi-resslvo Stop. Japan shows both its progressiveuess aud its financial honesty and sense in providing for gold and silver coinage at a ratio of 32^ to 1. This is the commercial ratio enforced' by Jefferson and sought by every succeeding admiuiatra- tiow uutil tho Bkuditea tried to rnuko u dollar out c£ -€G ctats.-~Kwv^ York MUNN & CO., J*81_Brott_d_wav, Now York. Elwood J. JPittman, Dates can b« procured, at this oflico or with me at my home.in Hjpjikinsjtowiiship. M fl • i • 'o Punting-a ffor ml Hindi ot Job Print go to the STANDARD ice. Orders by mall fat — Letter Hevls.NoteHoadd,. Statements, Enyelojea, So.,promptly execnteS. »tregular rattts, Addreaa Tint HTANDABD. Sterling,' 111. Feed Sheds —1 own the— . Feed U on Thiid Street, where I shall be glad to see all my friends. Don't let your Team Stand Out in the Cold, BUT PUT IT IN MY SHED and let it eat bay. It only costs youlOcenta, v MLJIUA STEELING, ILL. ___ * Bags, Beeswax, Iron. Hides, Tallow, Furs, and Metal ot all kinds, afc AUG MILLER'S WAREHOUSE (Buoeessor toWolt,) ttlff!»«»t Market Price Paid,

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