The Centre reporter. (Centre Hall, Pa.) 1871-1940, August 23, 1894, Image 4

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    THE CENTRE REPORTER.
FRe®. KURTZ, EDITOR AND PUBLISHER.
TERMS, ~One year, $1.50, when paid in advance,
Those in arrears subject to previous terms, $2.00
per year.
ADVERTISEMENTS, —20 cents per line for three
insertions, and 5 cen. pergline for each subse
quent insertion, Oiher rates made made known
on application.
CENTRE HALL, PA., THURS. Aug. 23.
STATE DEMOCRATIC TICKET,
For Governor,
WILLIAM M. SINGERLY.
For Lidutenant Governor,
JOHN 8. RILLING.
For Auditor General,
DAVID F. MAGEE.
For Secretary of Internal Aflairs,®
WALTER W. GREENLAND.
For Congressman-at-Large,
HANNIBAL K. SLOAN.
J. C. BUCHER.
DEMOCRATIC COUNTY TICKET.
For Legislature,
ROBERT M. FOSTER.
JAMES SCHOFIELD.
For Jury Commissioner,
JOSEPH J. HOY.
For Associate Judge,
THOMAS F. RILEY.
THE TARIFF ISSUE SETTLED,
Says the Philadelphia Z%mes: The
Wilson bill, as amended in the senate,
has passed both houses of congress,
and nothing now remains in the way
of an immediate and rapid revival of
business and industry.
The enemies of tariff reform over-
reached themselves at the last. They
were determined from the beginning
to prevent any revision of the tariff if
possible and to preserve the iniquitous
McKinley act in force. They tried to
do this indirectly. They permitted
the new bill to pass the senate with
such changes as they felt sure the
house would not approve, trusting to
defeat the measure at the last on the
report of the committee of conference,
The decided attitude of the house
compelled them to show their hands,
and it was made evident by the senate
conferees themselves that any tarift
bill that must be again submitted to a
vote in the senate would be defeated
there. The friends of tariff reform
promptly grasped the situation when
it was thus clearly presented, and in
obedience to the almost unanimous de-
termination of the Democratic caucus
the house yesterday re-called the bill
from conference and passed it precise-
ly as it came from the senate, thus
completing the long deferred tariff leg-
islation and baffling the enemies of re-
form at their own game.
At the same time that this decision
was reached it was also determined to
introduce and pass immediately sepa-
rate supplementary acts putting sugar,
coal, iron ore and barbed wire upon
the free list. This is done to define
and emphasize the record of the house,
and with no expectation that these
bills will be concurred in by the sen-
ate. Free sugar is a theoretical rather
than a practical measure, since the
revenue from this article is absolutely
essential, and the tariff bill as passed
turns into the treasury the greater part
of the profits which the sugar trust has
levied under the McKinley act without
giving any return. Free coal and iron
ore are more desirable, since the pres-
ent tax yields practically no revenue,
but the same influences which restor-
ed the duty on these articles in the
new tariff will prevent the senate's
concurrence in their removal by spe-
cial act. The passage of these bills,
however, will keep the party record
straight, and force the responsibility
for the defects of the new tariff upon
the McKinleyite senators who have
kept the business of the country tied
up through so many weeks.
The tariff, as finally passed, while in
many respects it falls short of the ex-
pectations of the country, is an enor
mous step forward in the direction of
reduced taxation, a step that will nev-
er be reizaced. From this time the
fixed policy of the country will be
toward the gradual reduction of im-
port duties, and our manufacturers,
who will prosper under this new tariff
as they have never prospered before,
will not again seek the restoration of
the exorbitant taxes which have de-
moralized so many of our industries,
The new bill gives ample protection
to all our manufacturers, and to some
of them, as notably the wollen manu-
facturers of Philadelphia, it will open
up the markets of the world for the
free purchase of the materials they
need and for the sale of their surplus
products, In five years’ time they
ought, under the tariff, to manufact
ure all the woolens used in this coun-
try or in this hemisphere. And what
is true of woolens is true of almost
every branch of American manufact-
urers.
No further general revision of the
tariff will be called for now, and no
important changes of any kind need
be useiel pated for years to come. So
as
i
and meanwhile has exhausted all the
surplus stock thrown upon the market
through the operation of the McKin-
ley act, is ready for the resumption of
trade on a sounder basis than has ex-
isted during this generation,
There is every reason to expect that
the resumption will be immediate and
rapid. There will be no great boom,
but there will be, what is better, a
steady growth of industry and pros
perous business activity, that cannot
be hindered by partisan agitation.
The tariff issue is settled, and the word
now is—Forward.
nm ————— A ———————
THE new tariff is not quite enough
of the good thing to suit Democratic
demands, but it has vastly more of the
good thing than suits the Republicans,
who are howling over it, and try to
twist it into something which it is
not. The good effects of the new tar-
iff are already noticeable upon the bus-
iness interests of the country.
TEE lowest moral crime is that of
ingratitude. Akin to it is that of try-
ing to injure the character and busi-
ness of a neighbor out of mere jealousy,
because that neighbor is prospering
and proving to be useful in his com-
munity. Persons of such depraved
disposition are invariably found to be
workers of evil in many ways, and sel-
dom have anything laudable in view.
ABOUT THE TARIFF.
Betore the close of the present week
the new tariff bill will become a law,
either by the formal approval of the
President or by lapse of time. The
bill will not be vetoed by the president,
and it may therefore now be accepted
in all business circles as practically the
Times.
There will be no modification of the
sion of Congress.
putting those articles on the free list.
present session of Congress. Between
ed for revenue, and those who want
in the sugar tax in the Senate. The
House would doubtless concur jin
Senate amendment taxing sugar forty
but the Senate will not make any such
of additional legislation on any
these subjects may be dismissed.
The next session will have precisely
the same Senate and the same House,
and differences which obtain now will
be certain to continue. The
policy of the government is not only
settled that there will be no change in
the details of the present bill during
the existing Congress,
— lnm
THE protectionists are not plessed
with the new tariff bill. Who thought
they would be? Past elections prove
that the people were not at all pleased
with the McKinley tariff.
MANY of the woolen manufacturers
say that free wool, under the new tar-
paid by corporations,
As to corporations, charitable, relig-
ious and educational corporations are
exempted, as are states counties and
municipalities, building and loan asso-
ciations, saving banks having no stock-
holders, receiving no more than $1,000
in a year from any one depositor, and
dividing all the yearly profits among
the depositors except a contribution to
a ten per cent. surplus. Mutual com-
panies, including insurance companies,
are all exempt,
ce A ESB
GEN. BEAVER is spoken of for Unit-
ed States Senator to succeed Cameron,
We always favor anything that is an
improvement. Beaver would be a
vast improvement on Cameron, and a
Democrat a great improvement on
Beaver.
steamer em——
Tue Keystone Gazette thinks its par-
ty is going to carry Centre county,
When you get there let us know-—we
will give you Decker for jury com-
missioner and that slice should satisfy
the Repubs. There is a 1000 Demo-
cratic majority in the way, Mr. Ga-
zette, and that is deeper than you can
wade,
cit ——— -
HARD TIMES FIGURES:
Hard times have their advantages,
It is well enough once in a while for
nations as well as individuals to slow
down in the rate of expenditure, and
be combelled to endure a season of
economy. Continuous prosperity be-
| gets extravagance, Occasional adver-
| sity stimulates virtue. It appears
from a late summary statement issued
{ from the Bureau of Statistics that dur-
| ing the past year we have imported
{ $211,405,771 less merchandise, and have
| managed to export $44,478,358 in ex-
cess of the heavy exports of the pre
| ceding year. The total excess of our
{ exports over our imports for the year
ended June 30, 1884, was $278,842.05].
The hard times have not prevented us
from an enormous liquidation of for-
eign indebtedness,
Strikes and shrinkage of
| have cut down iron production for the
year about 40 per cent. as compared
with the previous year. Bank ex-
| changes have been reduced 30 per cent.
Speculation has withered.
has been adjusted to lessened demand.
| But the general solidity of business
business
panic. We have bought $25419,769
less of jewelry, silks and wines; $3,000,-
000 less of fars: $5,000,000 less of fruits
and nuts; $3,500,000 less of tobacco; §3,-
000,000 less of china and earthenware.
There has also been a decrease of $33 -
woolens,
All this goes to show that there has
| been a great saving effected in the con-
sumption of luxuries, The delay in
the passage of a Tariff act, while it has
largely diminished active business, has
led to the close consumption of stocks
on hand. We have been wearing out
i our old clothes instead of buying new
ones, Sach economies have induced
a conservation of force. When busi-
ness shall start ‘again it likely to
start with a sudden momentum which
| will surprise the prophets of disaster.
People are never ruined by what they
{ have failed to spend.—Philadelphia
Record,
ia
THE passage of the Wilson-Gorman
bill has required only eight months,
while it took an undoubted Republi-
| ean majority ten months to pass the
McKinley bill. The Democrats are to
be credited with a gain of two months
in expeditiousness,
with the manufacturers of woolen fab-
rics in other lands.
THE INCOME TAX.
The income tax provision in the
tariff bill begins to operate in January
1, 1895, and continues until January 1,
1900. The tax (two per cent) is to be
levied on all income above $4,000, It
is to be paid not only by all who reside
within the country, on income derived
United States residing abroad, and by
come derived from property situated
carried on here. The tax is on the in-
come of the year previous to that for
which It is levied. Therefore, the first
tax will be levied on incomes received
in 1804.
There are two classes of incomes re-
cognized by the bill—-the incomes of
individuals and the incomes of corpor-
ations. The taxable income of a cor
poration is all its income above its op-
erating expenses, including the sums
paid to shareholders. The tax of two
per cent. is paid by the corporation,
Therefore that part of an individual's
income which is derived from divi
dends on the shares of a corporation
that has paid the tax is deducted, on
his return, from his own taxable in-
come.
There are exemptions allowed by the
bill in computing an individual's in-
come besides the $4,000. They are as
follows: The necessary expenses of
conducting a business, all interest paid
or due within the year, local taxes,
losses in trade or from fires, storms or
shipwreck, not compensated for by in-
surance or otherwise; worthless
TE Democratic county ticket is
made up of excellent material, and de
| serves to be elected by an old-fashion-
{ ed majority. We have been fortunate
| In this county, for a number of years
| past, in getting good men upon the lo-
| eal ticket, which accounts for the af-
| fairs of the county being in such
| a healthy condition. Efficiency and
| economy have been the rule. The peo-
| ple have been well served, and the tax-
| payer has felt the best kind of house
| keeping in our county affairs.
nu A Ss AAA
Dox CAMERON is being boomed in
some quarters for President. Many
Republicans-—conspicuous among
them the Philadelphia Press—swear
Don is not a Republican. On the sil-
ver question he was with the Popu-
lists. By all means nominate Don, it
would be the first time a Cameron
would come before the people for an
office on a direct vote. No Cameron
ever was elected to office by a vote of
the people.
wo
AA en
Business stagnation in this country
began long before the close of the Har-
rison administration and during full
sway of a high protective tariff’ policy.
Cleveland's administration had noth-
ing whatever to do with the business
gloom. The Democrats are coming up
to their pledges—they repealed the
Sherman silver act, have reduced the
monopoly tarift, began cutting down
offices and reduced expenditures
What more can be asked? Millions
have been saved by the Democratic
policy of economy, and the good work
is to be carried on.
Elect Col. Bingerly Governor, and
show that Pennsylvania means to
stand by wholesome Reform.
Tue passage of the tariff bill had
the effect of improving business gener.
ally throughout the country. A peri-
od of prosperity is predicted by know-
ing ones, and it seems to have begun
already. This is cheering informa.
tion; stagnation has run its course, and
better times are to follow gradually ;
all will feel the good effects, Business
depression, however, was not confined
to the United States. In Europe there
is a dullness that was as gloomy as the
depression in.this country. The new
tariff’ is lower than any heretofore en-
acted, and a high tariff will not again
be inflicted upon the American people.
If the Democratic party remains in
power, the tariff’ will be lowered far-
ther, and the free list enlarged.
mr ———
G A. BR NATIONAL ENCAMPMENT.
To be Held at Pittsburg.~Hall Rates via
P. R. BR.
For the meeting of the National Na-
val Association to be held at Pittsburg,
Pa., Septemver 8, and the National
Encampment of the Grand Army of
the Republic, to be held at the same
place, Beptember 10 to 15, the Pennsyl-
vania Railroad Company will sell to
the public, from BSBeptember 6 to 10, in-
clusive, round-trip tickets to Pittsburg
and return at rate of one lowest first
class fare for the round trip, except
from nearby points. These tickets
will be valid for return passage until
Beptember 25 inclusive.
Detailed information in regard to
rates, stop-over privileges, side-trip ex-
cursion tickets, &c., can be obtained
upon application at ticket offices.
~ EE
AARONSBURG.
Sudden Death of a Child of James Weaver
Last Week,
George Homan’s horses are sick with
distemper,
Charley Hosterman had one of his
stage horses die with bots on last Bun-
day.
Squire Gettig bought himself a horse
and buggy from Eisenhuth, at Coburn.
Dr. Musser has gone to Atlantic
City to spend about ten days.
Mrs, Forster and her friend Mrs.
Cuthbert have returned from
burg. Mrs. Cuthbert was formerly
Miss Carrie Gentzell, a daughter of
| Adam Gentzell, who left this town
| some forty years ago.
The youngest child of James Wea-
buried on Baturday morning. In the
ciated.
Rev. Brown and wife are away at-
formed church.
gone back to Bnow Shoe.
snail a——
Kenneth Bazemore had the good
fortune to receive a small bottle of
of his family were sick with dysentery.
This one small bottle cured them all
and he had some left which he gave to
Geo. W. Baker, a prominent merchant
of the place, Lewiston, N. C., and it
cured him of the same complaint.
When troubled with dysentery, diar-
rhoea, colic or cholera morbus, give
this remedy a trial and you will be
more than pleased with the result.
The praise that naturally follows its
introduction and use has m ade it very
popular. 25 and 50 cent bottles for
sale by Wm. Pealer, Spring Mills and
8. M. Swartz, Tusseyville.
EE
In order to make room for new
stock we have cut prices on shoes low-
er than ever.
this bargain.—Wolf & Crawford.
STATE BUILDING AND
BRICE D. BRISBIN,
President.
Davo L. Barros,
Tells Its Own Story.
INVESTOR.
of our Running Stock to the investor,
No, Bhares, Cost per mo, Total cost,
1 $ $ Mw
163 ®
273 a0
546 00
ig 60
100 00
3006 00
50 00
$
3 1 80
b 8 00
10 6 00
15 8 0
20 12 0 1002 00
= 15 00 1565 00
BORROWER.
Estimated cost to Borrower.
Oash Reed.
$100
200 00
a0 0
400 0
HE 00
60 00
T0000
80 00
“0 oh
1000 00
1600 00
2000 00
Shares, Cost per mo
$160
32
4 80
6
LR
$60
1 2
12 80
4 #0
16 00
§ 145 60
261 20
436 #0
TI 00
873 60
i0i9 20
1164 80
6 0
PA., HOME OFFICE.
/
LOAN ASSOCIATION,
CLEMENT F. DEININGER,
Sec. and Collector.
J. Freep Korrz.
Sonn
OUR PAID UP BTOCK.
Cash} Par Awmual Total Pull amt,
poaymi, Value. In. vet'd, In. vet'd. Realsd,
WE $1000 § 40 8 BW
140 00 200 00 E40 67 20
210 06 300 00 1260
250 00 400 OO 16 80
5 850 00 500 00 2! 50
7 4000 90000 26 40
700 00 1060 00 42 00
10% 00 1500 00 63 00
1400 00 2000 00 Bd 00
2100 00 S000 00 126 00
S00 00 5000 00 210 00
18
2
-
Rifts spi
ETH
ESSEERSaERS
10% 00
1680 00
A membership foe of one dollar per share must
Interest, and is not Taxable in
this State.
jun76m
EGAL NOTICE, —Notioe is hereby given to
ail persons interested that the following
inventor es of goods and chatties set wrt to
widows under he pro. sions of the Act of 14h of
April 1851, have been confirmed mis by the
{ Court, and fled in the office of the Clerk of the
| Orphans Court of Centre county and if no excep-
tions be fled on or before the first day of next
term the same will be confirmed absolutely.
1. The inventory and sppralsement of the per
sonal property of Robert Glenn, late of Ferguson
township, Ceoonsed, assel apart 0 his widow,
| Maney Glenn.
2 The mmventory and sppraisement of the per
| sonal property of Samuel Brown, late of Haines
| township, deosased, as sed apart Ww his widow,
Rebeocs Brown,
| 8 The inventory and sppralsement of the
| personal property of W. 5. Loy, iste of Burnside
| town hip, decessed, asset apart Ww bis widow,
{ Catharine Loy
4 The inventory and appralsment of the per.
| sonal property of K. H. Strobecker, lie of Miles
| own decenscd, as sel apart to hw widow,
Susanna Siroliecker,
5. The inventory and appraisement of the
| personal estate of Samuel Cherry, iste of
| Spring Wwwnoshi deceased as sel apart 10 his
widow, Mary Cherry.
| 6 The inventory and appraisement of the
| personal and real estate of Joseph B. Kunes, iste
{| of Liverty wwnship, decessed; as set apart 10 his
| widow Busan E Kunes
i G. W. RUNBERGER,
Register.
3
!
| COURT PROCLAMATION.
! Whereas the Hon. A. ©. Furst, President
| Judge of the Court of Common Pleas of the 4h
| Judicial district, consisting of the counties of
{ Centre and Huntisgdon, sand the Hon. Thomas
| F Riley, and the Hon. C. A Faalkoer, Associate
{| Judges In Centre, having issued their prece
| bearing date the 25rd day of July, 1884, to me di.
| rected for holding » Court of Opet and Terminer
| and genersl Jail Delivery and Quarter Sessions
| of the Peace in Bellefonte, fOr the county of Cen-
| tre, and commence of the 4th Monday of Aue
gost, the 27h das of August, 1854, and to contin.
| Be two weeks, Notice is hereby given 10 the
| Coroner, Justioos of the Peace, Aldermen add
| Constables of sald county of Centre, thal they be
| then and there in the proper persons, at 10 o'clock
in the forenoon of said day, with thelr records,
| inguisitions, examinslions, snd their own re-
| membranoes, to do those things which to their
| office appertalns 10 be dose, and those who are
bound in recognizances io prosecute against the
prisoners that areor shall be in the jail of Centre
ovunty, be then and there 10 prosecute against
them as shall be just.
Given nonder my band at Bellefonte the 2204
| day of July. in the year of our Lord, 1884 snd
| the one hundred and eighteenth year of the In.
dependence of the United States. :
JNO, P. CONDO,
Sheriff
Collar
One that you can keep clean all
the time--a collar that does not
wilt when you get over-heated ;
that does not fray on the edge, or
tear out at the Laronpois and
can be cleaned by simply wiping
off with a wet Sponge or
These collars and culls are made
by covering linen collars or cuffs
on om sides with
“ool '' thus giving strength
and durability. Tacy Bg only
waterproof goods so made, and
every piece is stamped as follows:
FP uBLIC SALE -~BY VIRTUE OF AN OR-
der of the Court of Common Pleas of Cen-
tre County directed to the nndersigned Assignee
of John A Black, there will be sold at public
vendue or oulory on
we BATURDAY, AUGUST 5, 180
At one o'clock p.m. on the premises. about one
mile west of Potters Mills, in Potter Wwwaoship,
Centre county, Pa
, tenement and tract
and
hereon is a good two dwell
and all ‘nesded outbuildings
C BALE THE USD
his farm at ie
ses, about one mile of Centre
Ow SATURDAY, SEPT. 20, 180, 00
1861--1864.
LORTLIDGE, ROBERT McCALMONT,
Managers,
WN ¢
S—
McCALMONT & CO.
Sellers of —
Farmers’...
- : Supplies
And Buyers of Farm Products
Conklin Wagons, Buggies,
Carriages, Surriez, and
Spring Wagons.
[eeq-
Coal, Crushed Coke, Hy-
draulic Cements, Explo-
gives, Fertilizers, Plaster
and Salt.
-Uul S49
Stone Crushers and Road
Machinery a specialty.
We invite patronage
McCALMONT & CO.,
BELLEFONTE, PA.
~ -
PERSONALLY-CONDUCTED
PLEASURE TOURS.
FLORIDA. Z8ouren ish wos zon: Hoa
weeks in the Land of Flowers on the
tours, while tickess for last
/