The Algona Republican from Algona, Iowa on April 10, 1895 · Page 6
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The Algona Republican from Algona, Iowa · Page 6

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Algona, Iowa
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Wednesday, April 10, 1895
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Page 6
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Tilt; HEl'UBUCAX. AUgjK A IOWA, IXCOME TAX DECISION CHICAGO SUPREME PAPER COURT GIVES THE RULING. in will be held by .^ Stated *hcf*, » rofrtion ot It Wilt Be Declared tlnconstttutlonat - Rents, State and Municipal Bonds tlnta*ftb1e. Court fctrenlfr Divided. CHICAGO April 8.—A special dispatch to The TrSmne from Washington, says: The United States supreme court in the income ta* case, has reversed the decision oE the lower court, but them, come tax law as a whole is upheld, but only by a divided court. Two important portions of the law, however,have been decided to be unconstitutional, andthey are so serious as to effect ma- ferially not only the revenues of the government, but the estimation which the income ta: the people. Rents, State and City Bonds Under the decision to be handed by the court, all incomes derived from r JJs ire exempted from taxation by the JedSal government, and all .incomes derived from state nftd municipa bonds are SUnrly exempted. Bother respects the income tax law stands as it was passed last August, but the result of the consultations in the supreme cour shows very conclusively that Selaw can be easily picked to pieces provided suits are brought to contest each particular point that cornea up. A Curious Fact. It is a curious fact, but none the less true, that the law which was passed at the dictation of the Populistic wing of a Democratic congress has been dis- tor ted by the decision of tie Uiiitea StatU stipreme court, clearly on constitutional grounds, in such a way that it wil1 absolutely protect the class of cap- SSsts most offensive to the Populistic filGlUGllt;. M -i The landlords of the country will pay no income tax. The owners of bonds of almost any kind, either federal stite county or municipal, will also be free, while the business man, the manufacturer and the salaried em- clove will for the present, at least, toe compelled to contribute to the treasury of the United State government Z per cent of all income in excess of $4,000 FAVORABLE W FEDERATION. ficlte*ett ft Contention tit Central American States Wilt Be field Soon. WASHINGTON, April 6.—A convention some time this year of the several countries of Central America with a view of forming a confederation of union simi* lar to the United States is regarded as a probability by Central American diplomats. These diplomats state that the subject is under discussion in their countries, and that a time and place for the convention probably will be fixed soon. Two such conventions have been held in Guatemala and Costa Rica, but they failed to effect definite results, although showing a favorable feeling among the influential classes towards such a union. Recent events, particularly the threatened war between Mexico and Guatemala, has more forcibly directed the attention of the Central American states to the desirability of a federal nation, and Great Britain s demands on Nicaragua have tended in the direction. A diplomat of extended experience in Central America said that the leading public men, and the people at large are so strongly favorable to a federation that in his opinion it is sure to come. BVVtOT WAS ELECTED REPUBLICAN CANDIDAtE OP CHICAGO GOES MAV6R IN. TOO MUCH SUGAR. The first meeting of the supreme court was held March 10, two days after the conclusion of the arguments but no decision was reached, and it was not until Match 30 that they succeeded in agreeing upon the outlines of a de- tision, covering the opinion of the lower \Vost India Committee of London Issues a Circular About It. WASHINGTON, April 8.—Sir Julian Pauncefote, the British ambassador, has furnished to the department of state a copy of a circular issued by the West India committee of London concerning sugar production. The ambassador explains that it is not to be regarded as an expression of opinion by his government. The circular calls attention to the fact that the sugar industry, beet as well as cnue, is passing through a crisis of the most serious description and expresses the hope that in attempting to provide a remedy the various governments should avoid any steps which may Aggravate the Case iustead of relieving it. It is shown that while the production is increasing at the rate of a million tons per annum the consumption grows slowly at the rate of only 250,000 tons per annum. Naturally prices are depressed and the bounty system is ascribed as the cause of this state of affairs. Therefore, it advises the entire abolition of the bounty and the stimulation of consumption by the reduction of the duties levied on sugar, which are excessive in Europe, and prevent the people as a whole from using sugar. tie Is Elected Municipal Elections tteld 1ft ft Nntntoer of Nofrth*e»tertt States—S6W6 bt the Results. CHICAGO, April 4.—The returns from the municipal election indicate that the Republicans have obtained a complete victory, electing George B. Swift, their candidate for niayot, by a plurality of over 40,000. In addition to the mayor, the Republicans have, the returns indicate, elected their candidates for assessor, collector, supervisor and town clerk in all the towtts, making a clean sweep of all the town offices. Of the aldermen, the Republicans have certainly elected 20 out of the total of 84. Frank Lawler, the ex-con- grcssnian, who ran as an independent in the Nineteenth ward, is elected by a good majority. The proposition to put the police and all other city officials under civil service rules and extend the mayoralty term to four years, was carried by a majority larger than that obtained by Swift. At the last mayoralty election, when Mayor Hopkins was elected to fill the xinexpired term of Mayor Harrison, the Democratic plurality was 1,290. At the last state election, in the same wards, the plurality of Wulff, Republican candidate for Btnte treasurer, was 44,003. CONTEST VERY CLOSE. DOLE WAS SNUBBED. nut Court Evenly Divided. The court was evenly divided, Justice Jackson being too ill to take part. Justice Fuller, Justices Field, Gray and Brewer were opposed to the law. Justices Har- Hi Brown, Shiras and White voted to sustain the law. The expectation among members of the court is that the decision will be rendered on Monday in open court, but there is a bare possibility that the court may again be split up into irreconcilable sections, and hold up the decision. B the next congress does not repeal the law wih the sanction of the president there will be a sudden rise in the price of all local public securities, as well of all real estate, for, as they mil be exempted from taxation, they ought to get the benefit of the 2 per cent which other income producers are obliged to account lO- 1 , ' ' SAYS IT'S CORRECT. A Supreme Jud K e Practically Admits the Truth of the Report. CHICAGO, April S.-The Tribune has the following from Washington: One of the justices of the supreme court practically admitted after the consultation Saturday afternoon that the abstract and the decision in the income tax case printed in The Tribune was absolutely correct and tallied with the printed copies furnished the judges early Friday evening. He alleged, however, that The Tribune's article W as simply the work ofa clever observer who had successfully put two and two together and arrived ataresult practically correct. Whether the judges had done anything to change the decision of their meeting Saturday after noon he would not say, of course, fur ther than to admit the publication of the decision had become known to the judges. Willis Gives a Brilliant Reception, Fails to Invite the President. WASHINGTON, April 6.—The last mail from Hawaii brings an interesting budget of general information. An account is published of the brilliant reception given by Minister Willis to Admiral Beardslee, to which President Dole was not invited. It was attended by all the American officers 'from the highest down to the cadets, wearing their gorgeous uniforms. The band of the Philadelphia was stationed in the house and played for two hours. The reception was attandad by the elite of the city and is said to have been a success in every raspeot. HARRISON WILLING. Hon. J. S. Clarkson Declares the Ex-President Is a Candidate for Nomination. CHICAGO, April 5. -General J. S. Clarksou, who is in Chicago, stated positively that ex-President Harrison is a candidate for the presidency. "General Harrison," he said, "is not an active candidate perhaps, but he certainly is a 'receptive candidate.' Indeed he is, I think, one of the most prominent, if not the most prominent presidential candidate now before the public. As to who willba the party's choice in 1890, I am, of course, unable to say, but it is very certain that General Harrison will accept the nomination if it is tendered him." OtHclal Count May Be Required to Settle the Wisconsin Judicial Contest. MILWAUKEE, April 4.—The vote between the candidates for the supreme court judgeship—Clemeutson and Winslow—will probably be very close, and it may require the official ballot to determine the result. Forty-nine counties out of 70 in the state give estimated returns of 19,091 for Clementson and 19,579 for Winslow. The returns are in many cases estimated, although some are complete. Estimates of the state made at'1:30 o'clock give majorities for Winslow amounting to 24,471 and for_ Clementson of 22,404, or a net majority ior Winslow of 2,367. WinsloTv's Majority 8,500. MILWAUKEE, April 6.—The official canvas made in many Wisconsin counties increases Wiuslow's net majority for the supreme justiceship to 7,832, and the probability is that the official count in the counties in which the vote is at present estimated will increase the vote to 8,500. NEARLY 60,000 PLURALITY. JAPAN'S PROfODAL *i* indepettd<sfl*e of korsa ant* Ceiiioti »* tinp. Mint fetriittfy. PAfeiS, Apfril 8. —It is stated on tell* able authority that Japan has proposed the following conditions fo* the con- dlusion of peace: The independence of Korea, the ce's* sion of Soiithefn Manchuria, including Pott At thufr, the cession of the Island of Formosa, the opening of (Chinese ports ani fivers to commerce, the payment of an indemnity of 400,000,000 yen and the occupation of a nttmbef of strategic points until the indemnity shall have been paid. TERMS SAtlSr-ACTORY. London Papers *hlnk Earopefttt PotfrerB Will Approve the Demands. LONDON, April 8.—The Times, in an editorial on the latest report of Japan s demands, says it considers that Japan is justified in imposing these conditions and adds that the British cattnot object to the occupation of the Liao Tung peninsula. The Daily News says it thinks that the proposals are likely to meet with the general approval of the European powers. Ll Hnng Chang's Wound Healed. SIMONESKI, April 8.—The wound in the lace of Li Hung Chang, the Chinese peace envoy shot March 24 by a patriotic fanatic, has now completely healed. The bandages were removed. Prince Komatsu, commander-in-chief of the Japanese army and navy will leave Hiroshima Wednesday next to establish his headquarters in China. Appointed Peace Envoy. SIMONESKI, April 8.—It is officially stated that Liu Chiang Fung has been appointed a Chinese peace plenipotentiary to assist Li Hung .Chang. Japan has formally accepted him as an envoy. AtnbrosfeA.Cftll, President, '1 THE FIRST NATIONAL SANK, IOWA -*$ dASH GAPMfAL-SSd.OOCMm AND Difftat dRS, A. B,Ciarke,.£re9, ( 0. 0. Chubb, Vice fres., Thos. H. TAntfy. Cashier, <>eo. L GalbCalth, Fred M. Miller, Myron Seheiick, Thos. KiOooke. Algotw, lo-tvft. GENERAL 1ANKING- Private Safety Deposit tftults. Interest Pfttrt for time Deposits. W, H, Iiighftttt, President. ChftsehiUes, Vice Pfesideht. Lewis H. Smith, Cashief. Kossuth County State Bank. *~« T . J CAPITAL $60,000, ALGON A, IOWA, Incorporated under general laws of Towa. domestic exchange bought and sold. Collect Jon . *..... t-j n^fHitrvn f \n\rr\t-a t-n Al* fl*nm t.Ilfl Deposits reuelvfid. „ . $60,000 8 . j reueivna. money loaned, foreign anil W. Wadaworth. Boniet Uevine. ft. M. Richmond. Pros, n. V. Smith Vice A. B. Richmond, Gas bier. 0. J. Leiiander, ! Ass't, Oas Farmers' & Traders' Savings Banl BANCROFT, t/.ed capital, ,. — r • business! transacted. Special attention tickets to and from Ktiropp. DIUEOTORS-R. M. Richmond. N. K. Mayne.C. E. Mallory, J. N. Sheridan. . IOWA. None 6. ? Inverted. Auth Sheridan, A. B. Richmond. B. F. Smith. Bam PLACED UNDER ARREST. Eight More Indicted Now York Officials Before the Courts. NEW YORK, April 8. -Eight men who were indicted by the .extraordinary grand jxiry of the court of oyer and ter- miner have been placed under arrest. George C. Clausen, formerly park commissioner, and at one time president of the department of public parks, and ex-Park Commissioner Nathan Straus, were the first to reach police headquarters. Police Captain Killilea arrived soon afterwards. The next to reach headquarters was ex-Park Commissioner Abraham B. Tappeu. He was followed shortly afterwards by the other indicted men, Patrolmen Hugh Cassidy, Edward F. Miley and John M. Thrall. The prisoners remained in the building but a few minutes and then left for the office of the district attorney. DON'T TAKE ANY CHANCES ON< Abstracts of Title. sure you got what you pay for and take no chances. ESTATE FOANS, FARMS AND WILD LANDS. Republican Candidates Have Votes to Spare in Michigan. DETROIT, April 5.—The Tribune says: Practically complete returiis from every county in the state indicate that Judge Moore's plurality will be nearly 60,000. The Republican candidates for regents may run 1,000 or so ahead of this. Incomplete returns on the amendment to increase salaries ol state officers show that it has been defeated by a decisive majority. In the Third district congressional contest practically official figures place Lieutenant Governor Milnes' majority over Todd at 1,628. Opera House Block. HAY & RICE Algona, Io\ Abstracts of Tit IN MINNESOTA. Result of the in a Number of Elections Cities. ST PAUL, April 5.—Municipal elections wero held in many of the cities throughout the state Tuesday. Party lines were drawn in but few instances, in several places independent tickets being successful. License was the main issue in many places. Those ROBBERS GET. AWAY. Surrounded hy a Hennessey Posse Escaped in the Night. HENNESSEY, O. T., April 8 robbers who were surrounded by a posse, made their escape during the night and going to a preacher's house robbed him of valuables and two horses and made their escape. The preacher pursued and was later found on the prairie, riddled with bullets. Have Fired the Plains. WICHITA, Kan., April B.-The Book Island train robbers are now in the Gloss mountains region and have set EIGHT DAMAGE SUITS. They Grow Out of the Groat Explosion at Butte, Mont. BUTTE, Mont., April 6.—The first damage suits, eight in number, growing out of the great explosion which occurred here Jan. 15, were filed in the district court. They were instituted by five different persons and aggregate a total of $145,000. With one exception all are against the Keiiyon-Connell Commercial company, in the warehouse of which the first heavy explosion, which killed and injured so many peo- pie, occurred. Forests Aflve Again, ST. PAUL. April 8.—Passengers who came down from Brainerd on the Northern Pacific report the existence of forest fires at numerous points. The I woods are extremely dry, and settlers are apprehensive of disastrous fires unless considerable rains fall soon. Will Remove to Superior, DULUTH, April 8. -The Standard Oil company is making arrangements to remove its Northwestern distributing om Chicago to the head of the lakes. Tanks are now being built and steamers especially built for carrying oil are under construction at Superior, _,..., by a, Mounted Posse, WINNIPEG, April 6.—A Gleicheu, dispatch, says the Indian murderer of Gov> eminent Officer Skyner of the Blackfoot reserve, was finally captured and shot dead by a mounted posse of police, The murderer niade a determined fight to the" SSSteTSe El htm iu^to po^om Chicago to the head of to bSftheir pm-suers. There being » I ^ TankB are now being built high wind the fires have covered an immense area of territory and the war phal's posse cannot advance. Suit for »300,000, WASHINGTON, April 6.- versalBolt company of Marietta, g., has brought suit in the court of claims against the United States government for $300,000 for royalties alleged to be due on holt locks used by tne government in public works, principally in pacing i>y isieotriq _ river and harbor improvements. v PJSNVER, April 8.—Denver is to have "j— ti B to Spain racing by electric light if the plans of a =E digqnieting as it was believed the rebel" oonftnedto those provides on Ouestlon of License In Nebraska. OMAHA, April 5.-Specials to The Bee from all parts of the state 011 municipal elections show that party lines have not been drawn in municipal elections in Nebraska in many cases, but when they were the Republicans gained except at Hastings and Plattsmouth, where the Democrats carried the day. The question of granting saloon licenses was the leading issue and was favored in four-fifths of the towns. Light Vote at St. Louis. ST. Louis, April 5. -Returns indicate the election of the six Republican members of the city council, who are voted for at large by a majority of from 8,000 to 10,000. Two-thirds of the members of the house of delegates, who are voted for by wards, will probably be Republican. The vote was very light. Democratic Mayor. WEST SUPERIOR, Wis., April 8,—B, S Starkweather, the nominee of Democratic and Populist conventions, was elected mayor over J, H. Agen, Republican nominee. Prohibition Me Issue. KANSAS CITY, April 5.—Municipal elections throughout Kansas generally show victories for Republican oandi« dates by good majorities, The prohibition question was the predominant issue and, in several instances politics W ere lost in the fight for that principle, Yptert ta Consolidate, GREEN BAY, Wis,, Apvi] P.- Bay and Fovt Howard voted to date under the name of Green Bay by a vote of 18 to i. This makes a new city, the fonrtli in size in the state. Next Northwestern Regatta WINNIPEG, April 8.—The annual meeting of the Minnesota and Winnipeg Bowing association will be held in Winnipeg next Wednesday. Delegates will be present from the Minnesota club of St. Paul, the Lurlines of Minneapolis, the Duluths, Rat Portage and the city club. The date and place of holding the regatta will be settled at this meeting and officers elected. Palmer Objects. SPRINGFIELD, Ills., April 8.—Senator John M. Palmer does not approve of the action of the Democratic central committee in calling a monetary convention to meet here June 4. He says it was an unwise move and does not represent the sentiment of Illinois Democracy. . LATEST MARKET REPORT. MlVjvankee Grain. MILWAUKEE, April 0, 1895. FLOUR—Steady. WHEAT—No. 2 spring, ST^R', No - ] Northern, 65^c; May, 57%c. CORN—No. 3, 48. OATS—No. 3 white 82%c; No. 3, white, OFFICE OVER ALQOJfA STATE BANK Real Estate, Loans, and Insuranee. BARLEY—No, 2, 51%c; sample, >J£c. RYE—No. 1, SOc. Minneapolis Grain. MINNEAPOLIS, April 6,1895. WHEAT—Close, April, 59c; May. 58%c; July, 59%. On Track-No. 1 hard 60%e; No. I Northern, 59%c; No. 2 North ern Foundry and Machine Sho] MULLICA& OHNSTEDT, Props. y'jsr^^'J^iu^^i^^Ki^^"^^ o to stay.' Shop east of Rutherford House. OCSfMail orders promptly attended. VM» „. & OHNSTJEDT, Algona, >3 i'l! ->$ ;,j«A • (i \ Now is the Time to Insui • 0 • • • BEFORE THE LIGHTNING AND TORNADO SEASON All kinds of Insurance sold by / The. Bancroft Insurance Agency-J.^'rech, Prop. HE orrams ran FOM.OIVIM coin-Amis ro^oossmisSATioii: Dnluth Grain. DULUTH, April 0,1SU5. WHEAT—Cash, April, No, 1 hard Glc- No. 1 Northern, 60%c; July, No. Northern, Ql%c\ September, 59%. St, Paul Union Stock Yards, SOUTH ST. PAUL, April 0,1895. HOGS—Market 5@10o higher. Prices ranged $4.75@4.95. • CATTLE—Market steady on good lac butcher stuff; light stockers dull. Prime cows, $4,00@4.50; good $3 50@4.01; prime cows, $-?,75(ga i 7& 1 cows, 3.35@2.75; common *?'™»' OQ $1.50@3.25-, Jight veal cal^s, ^3.00@4,pO, heavy calves, ^.00@3,OQi 'stockers, R7o@ $3,50; feeders, $,35@3iOO, SHElEP-Steady on good sheep;,com- ^MuJtons, S3:03@4.35-, lambs, ?3.75@4,75; Company. Aetna, Hartford. Phoenix,' Hartford Continental, N. Y. Eire Association, Phila Northwestern National, Milvauke Rock ford, Rock ford State, Des Molnes Cash Capital. Assets $4,000,000.00 ?10,847,810, 3,000,000.00 , 1,000,000,00 , 500,000.00 , 1,000,000,00 500,000,00 200,000,00 800,000.00 5,588,058,1 0,754;908,d 5,191,055,(1 3,245,353,(A 1,863,097.0' 1,031,527,C 463.314.C ?IT Policy holders, §1,100,000; ACCIDENT, • 107,000.00 Cash surplus, eiO,150,00(| LIFE. s MASSACHUSETTS BE1 Insurance in force,: paid in death l^ L IFE A ND .. scldont Insurance Co... ,.... •„.. Assets, ew.WJ.sjjM. believe this is as good a statement as can be made by any agency in the lam and we solicit your patronage, ifffiHPV-1 1 AgullUj u. n, THE -IS THE- Most Popular Republican Newspaper of the West ' Has the Largest Circulation,, Chicago gtocfc CHICAGO, April 6,1895, ws , w .. „, quiet, lower; lighthiglt- er shippers principal buyers, - Wg?4 ftfW.»®fcW *W M$Wi [>AIL,Y (without Sunday) .,,, DAILY (with Sunday) ..... ,,., The Weekly Inter .«,. ...... ysar 'er year Cleivn Sweep In , April 6.=-The Republicans mode ft clean sweep in the Beaver city election, every wan on. *fc^-**<**£ J§! ing elected by majorities of from 6,000 to 6,000, The Republicans also elected all the aldermen, Steps Owt. April 6.rT-Cpntrary packing and shipping P9 OATTLE— Market quiet and steady. Uressed beef and shipping steers, 14. and hulls, , with the secretary of state. ^ " April 8.—Jndge Soott Sloan of 'tne ThM judicial ouit, is dying at Eeavey Paw. 3,500, Hop, dviil and 603; Th@ Weekly Inter AS A FAMILY PAPER IS NOT EXCELLED BY ANY. CHICAGO, April ?PJC?:S. , September, Sflfi- pvil m®m\ ;o£ 11 w rwr * *v we we$»«l ! y X ! in<J. IT IS A TWiUVM^i! !W!R» oathQlofftae as postmaster general

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