Pittsburg dispatch. (Pittsburg [Pa.]) 1880-1923, February 11, 1892, Page 12, Image 12

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    12
BLAND'S BILL BOOKED
For Argument, the Speaker Placing
II on the House Calendar.
EAUJI IS OXQE MORE TO BE TBIED.
He Finds Onlj One Defender on the Floor of
the Lower House.
THE SENATE HAS A TBRT DULL SESSION
"Washington, D. C, Feb. 10 The
most significant event in the proceedings of
the House, to-day. was the report of the
Bland free coinage bill by the Committee
on Coinage, "Weights and Measures. The
iction was not one which inTolved debate,
as the bill merely went on the calendar, to
be taken up in the order of it consideration,
but it indicated the intention of the free
coinage menTo force the bill with all pos
sible haste. Indeed, Representative Tierce,
Chairman Bland and other leaders of the
silver movement in the Honve, assert that
the measure will be pressed to a vote and
actuailv parsed by the House within the
next CO davs. In this event there is no
doubt the Senate will have an opportunity
of passing upon the Bland bill long before
the date of either of the great National Con
ventions The House also to-day ordered an inves
tigation of the Pension Bureau as managed
by Commissioner Itaum. The scope of the
iuvestisation is made much broader than
that of previous inquiries, and Messrs.
Enloe, ot Tennessee, and Cooper, of In
diana, as the instigators of the investiga
tion, will be expected to furnish the evi
dence and practically conduct the fight
against the present administration of the
bureau.
Economists Again Come to Grief.
After the reading of the journal nearly
in hour was consumed in debate over a reso
lution recommended by the Committee oil
Accounts for the employment of two addi
tional messengers for the House. The
resolution passed, after affording opportu
nity for several lively speeches by economic
members
On motion of Mr. Seerly, of Iowa, a bill
was passed extending the time for the con
struction of a bridge at Burlington.
Mr. Catching, of Mississippi, from the
Committee on Rules, reported a resolution
for the appointment of a select committee of
five members to investigate the methods of
business in the Bureau of Pensions; whether
use has been made by the Commissioner of
his official position to promote his private
affairs or for partisan political purposes;
whether there has been discrimination made
between applicants for pensions or practic
ing attorneys; whether anv of the clerks
have taken advantage of their position to
make profits, and whether the civil service
law has been violated by the Commissioner.
Mr. Enloe, of Tennessee, offered an
amendment extending the scope of the in
quiry so as to include the methods followed
by the Board of Pension Appeals. In ad
vocating bis amendment Mr. Enloe criti
cized the administration of the Pension
Office, and reiterated the charge against the
Commissioner and his son which he made
last Congress.
Commissioner Itaum Defended.
Mr. Smith, of Illinois, could see no reason
why the Pension Office should be made the
ceneral target for a number of gentlemen on
the floor. He did not know why this bureau
should be singled out for political speeches
and political buncombe. General Raum
was not afraid of an investigation at this or
anv other time in regard to the workings
and conduct of his office. Never since the
establishment of the office had there been
such a high order of work done as had been
done since Commissioner Ilaum had taken
charse of it.
The amendment was agreed to, and the
resolution as amended adopted.
Mr. Bland, of Missouri, from the Commit
tee on Coinage, "Weights and Measures, re
ported the bill for the free coinage of gold
and silver and lor the issue of coin notes.
In substance, itproides for the free coin
age of silver at the present "-tandard of 412
grains to the dollar; for the retirement of
gold and silver certificates and Treaury
notes and the issue of coin certificates in
lieu thereof, and that as soon as France
shall open her mints to free coinage at the
present ratio of 13 to 1, the President
shall make proclamation that the United
States adopts that standard, and thereafter
the silver dollar shall consist of 400 grains
and the present silver dollar shall, as far as
practicable, be recoined.
The minority was given leave to file a
minority report not later than Monday
next.
l)if position of the Hland TSUI.
Mr. Bland wished the bill to be placed
upon the House calendar; but Mr. Dingley,
ot Maine, made the point th3t the bill must
inevitably involve an expense upon the
Treasury, and should go to the committee
of the whole.
Mr. Bland said there was no charge made
upon the Treasure.
The Speaker held the matter in abeyance,
stating he would examine the rule upon the
subject. He afterward placed the bill on
the House calendar.
Mr. Cummincs, of New York, from the
Committee on Naval Affairs, reported a bill
for the establishment of a dry dock on the
Government reservation near Algiers, La.
Committee of the whole.
Mr. Bacon, of N-w York, from the Com
mittee on Banking and Currency, called up
the bill for the better control and for pro
moting the safety of national banks.
Mr. .1. D. Tavlor, of Ohio, thought the
bill was wholly unnecessary. The laws
now, if properly administered, were suf
ficient to remedy the evils complained of.
In his judgment this measure would block
the wheels of business and would do no
good whatever. No law of Congress had
ever made a dishonest man honest; and if a
wished to be dishonest he could be so under
this legislation as well as under the present
law.
In Favor ot the Bank V.ilL
Mr. "Walker, of Massachusetts, favored
the bill, as providing safeguards against im
proper borrowing from the banks.
Pending a demand for the previous ques
tion the morning hour expired, the "point of
no quorum having been made against the de
mand. This gave rise to a little pleasant
colloquy between the Speaker and Mr.
Reed, of Maine, the latter contending that
no business could be transacted until a
quorum had appeared, and the Speaker tak
ing the view that the morning hour having
expired the business pending in it went
over until to-morrow, without respect to a
quorum. In tne course of colloquy the
Speaker said that (with the greatest respect
to the gentleman) the gentleman was dodg
ing the question, as he had been accustomed
to do during the last Congress. The laugh
ter caused by this remark was renewed when
Mr. Reed smilingly suggested that com
plaint had been made against him because
he had not dodged any question.
Tie House theu went into committee of
the whole, Mr. McCreary, of Kentucky, in
the chair, on the military academy bilL
Onn Place Tf here Economy Fails.
Mr. Bowers, of California, made a humor
ous speech, in nhich he described his
efforts (heated in an easy chair in the lux
urious room of the military affairs com
mittee) to reform the military academy bill
and to cut down expenditures. He was
taking his leisure at the rate of $14 a day,
and ht was wonderingat the large aggregate
of appropriations lor the support of the
academy, when a picture arose before him
of the cheerless room of the cadet,
and he came to the conclusion that
he wonld let somebody else reform on
that side. Some Democrat yesterday had
denounced the Fifty-first Congress for hav
ing in the aggregate made immense appro
priations. He joined in that denunciation.
It was easy to criticise an "aggregate." An
"aggregate" was a very convenient term.
But he had yet to see any gentleman rise
and denounce the Pifty-first Congress for
having appropriated too .much for a public
building in his district, or for the improve
ment for the navigation of a dry creek in
which he was interested.
Mr."Watson, of Georgia, opposed the ap
propriations made in the bill. Economy
had to start somewhere. If Congress was
to begin to economize, let it begin. There
was no place so fit for beginning as the
commencement. ,
In speaking to a verbal amendment Mr.
Compton, of Maryland, inveighed against
the "desperate and trembling" czar of the
last Congress, and against the extravagant
appropriations made under his rule, and
criticized the appropriations made by the
Military Committee, (a majority of whose
members had been elected, on the platform
of reform), as being extravagant
The committee then rose and the House
adjourned.
Little Done by the Senate.
I
In the Senate to-day, Mr. Squire, from
the Committee on Public Buildings, re
ported a bill appropriating 5500,000 for a
public building at Seattle, "Washington.
Calendar.
The joint resolution as to the payment to
the State of West Virginia, of her propor
tion of the direct tax was again taken up in
the morning hour and after debate went
over without action.
The bill providing for the public printing
and binding and the distribution of public
documents was then taken up as the unfin
ished business. The clause authorizing the
franking of official matter gave rise to some
difficulty as to the correct phraseology to be
adopted, and various suggestions were
made. Finally it was fixed in these words:
"The "Vice President, members and members-elect
of, delegates and delegates-elect
to Congress, shall have the privilege ot
sending free through the mails and under
their frank anv mail matter to any Govern
ment official." The bill then went over
without action till to-morrow.
Mr. Gorman presented the credentials of
his colleague, Mr. Gibson. The oath of office
was administered to him by the Vice Presi
dent. After a brief executive session the
Senate adjourned till to-morrow.
1H0 SHOW TOE THE CHINE8E.
A Bill Agreed Upon That Absolutely Pro
hibits Their Immigration.
"Washington, Feb. 10. The House
Committee on Immigration to-day agreed to
report favorably a bill absolutely prohibit
ing Chinese immigration. The bill agreed
upon by the committee is that introduced in
the House by Mr. Stump, Chairman of the
committee, with some modifications. The
proviions of Mr. Stump's bill have been
published.
The report presented with the bill says in
part: "The presence here of Chinese is
inimical to our institutions, and is deemed
injurious and a source of danger. Recently
the Pacific slope wai undeveloped, and the
Chinese might have been a necessity at one
time, but now our own people are fast fill
ing up and developing this rich and highly
favored land, and American citizens will
not and cannot afford to stand idly by and
see this undesirable race carry away the
fruits of the labor which justly belongs to
them."
IKCEEASE OF FARM ANIMALS,
As Shown by the Annual Estimates Made
TJp From Local Ketnrns.
"Washington, D. C Feb. 10. The an
nual estimates of farm animals, consoli
dated from local returns of January to the
Department of Agriculture, indicate an in
crease of each kind of 3 to 4 per cent of
sheep, swine and horses, about 2 per cent in
cattle and scarcely 1 per cent in mules.
Estimated numbers are: Horses 15,478,000;
mules, 2,314,000; cows, 16,416,000; other
cattle, 37,651,000; sheep, 44,938,000; swine,
52,398,000.
A light increase in value appears in store
cattle and beeves, sheep and swine, a de
cline of 1 per cent in the price of cows, 2
per cent in horses and 3 in mules. Average
values are: Horses, 565 05; mules, ?75 55;
milch cows, 521 40; other cattle, 515 16;
sheep, 52 58; swine, 54 60. The vales of
all aggregate 52,460,953,078.
FBEE BOARDING FOB TOTEES.
A Novel Scheme Belly TVorked by a
"Western Hotel Firm.
Spokane Falls, "Wro., Feb. 10.
Special It was learned to-day that New
man & Fox, proprietors of a variety theater,
hotel, restaurant and beer garden, are giv
ing free board and lodging to all the idle
laborers and hobos if they can get the men
to sign a contract to vote as directed in the
coming State and national campaign.
Newman & Fox, in an interview to-day,
said that they will farm out their voting
hands to the politicians who will pay the
biggest price. Five hundred contract voters
have already been secured. Thousands no
doubt will be retained. All who have the
right of suffrage can by applying get free
rations and beds until the November elec
tion. One Queer Trait of Salmon.
Dr. Kinney, of Astoria, Ore., registered
at the Anderson yesterday. He had been
in the East on business, and stopped over
on his way home to see the oil fields. As
toria is at the mouth of the Columbia river,
the place where the fattest salmon are
caught, and there is something curious
about it The doctor says the salmon further
up the Columbia river and in the side
streams are quite thin. After the fish start
for the spawning grounds they don't eat
anything until they return. The doctor
thinks that by the time they have gotten
back to the mouth of the river they have
eaten plenty of food on the way and have
accumulated fat. "Whatever maybe the
cause the finest salmon are caught where
the Coltimbia empties into the Pacific He
says the business has grown extensively,
and the prospects are good for a large catch
in the spring. Oregon is a Republican
State, and whoever is nominated by the
party, he says will receive the support of
the people.
Charged With Forcible Entry.
Constable Groetzinger was held under
5300 bail yesterday on a charge of forcible
entry and detainer, made by MaryMoriarty.
She lives on Liberty street and failed to pay
the rent. The constable tried to serve a
landlord's warrant on her, and when she
refused to open the door she claims Groet
zinger broke it open.
Miss Dorothy Bisnor will give a lec
ture on the Del Sarte system in the Alle
gheny High School Hall, "Wednesday, Feb
ruary 17, at 4:30 p. m. All are invited. Ad
mission free. Miss Bishop's class work
will begin February 18. For circulars ad
dress M. C Davis, Second ward, Perrys
ville avenue, Allegheny, Pa. tts
Odd Fairs Heavy Curtains
At sacrifice prices,
In lots of 2 and 3 pairs of a style at 54, 55,
55 50, 56 and 56 50 a pair.
Jos. Horne & Co.'s
Penn AvenueSfores.
To Let Advertisements.
Especially good variety to-day. Read
them carefully.
If you want to paper your store ceiling
come and look at that elegant design, No.
2,912. I have it in,all colors.
John S. Roberts,
719-721 Liberty street, head of Wood.
Mih
Nirw 75c English style suitings at 60c a
yard to-day. Jos. Horne & Co. 'a
Penn Avenue Stores.
Special Kent Lists
Advertised to-day. Do not fail to read
them.
THE PITTSBURG DISPATCH, THURSDAY.
KAILEOADS BATTLED
Over the Cullom Bill to Give the
Inter-Stato Commissioners
MORE POWER THAN AT PRESENT.
An Attack on the Tariff That Might Have a
Show of Success.
BOARDS OF TBADE GET A K0UGH SWIPE
Washington, Th C, Feb. 10. The
Senate Committee on Inter-State Commerce
to-day heard further arguments upon the
pending Cullom bill to amend the inter
State commerce bill so as to clothe the com
mission's decisions with judicial force and
otherwise to make its provisions more
stringent. J. K. Cowan, general counsel of
the Baltimore and Ohio Railroad Company,
was the first speaker. He made a long
argument to show that the bill was uncon
stitutional, in the course of which he
asserted that the doctrine laid down by the
Supreme Court was that what is laid down
for a reasonable rate is a judicial question
which cannot be determined by a Legisla
ture or by anybody except a court of jus
tice. By no form or device could Congress
take away from the courts the determination
oi that question. The commission was not
a court, yet the bill proposed to devolve
judicial functions upon it.
Provision for an Appeal.
Chairman Cullom reminded the counsel
that there was provision made for an ap
peal to the courts from the Commission.
The counsel acceded to the suggestion,
but added that the courts could only act as
appellate buver; they could reject evidence
taken by the commission, but could take no
new evidence.
Senator Hiscock remarked that the bill
might easily be amended to meet that ob
jection. The chairman called attention to the fact
that the bill authorized the courts, if dis
satisfied with the commission's findings, to
refer the case back for further considera
tion or to pass upon' the case after correct
ing the record before it.
The counsel insisted that the court was
still bound by the case made up by the
commissions, and was therefore deprived of
its full legal function. He then proceeded
at some length to point out objections to
the probable practical workings of the bill
which he said violated the first principles
of anything like fair play. In but two
cases had the commissioners intervened in
court to secure the enforcement of the law.
In 95 per cent of the cases the railroad
companies had said: "Without questioning
your opinion on the subject we yield."
What, then, was the occasion for this
extraordinary grant of additional power to
the commissioners. In answer to a sugges
tion from Senator Hiscock that the bill was
intended to facilitate the disposition of
cases, the counsel declared that instead of
speeding the action upon cases the bill
really armed the railroad companies with a
weapon of delay which the committee might
3 well know now has been used.
The Chairman Has a Question.
Chairman Cullom The railroad com
panies have always done that.
Mr. Cowan No, sir: the commission will
bear witness that of all their decisions they
can point to but two or three that have been
resisted, and that the companies are juh as
prompt on their side.
Continuing he asserted that railroad com
panies being bound by the commission's
record would insist for their own protec
tion on making that record absolutely com
plete. That would require the repetition
m each case of an enormous mass of evi
dence taken in preceding cases, which
would consume much time and defeat the
very purpose of the bill.
Senator Hiscock believed the evil could
be cured by a proper rate.
Chairman Cullom and Senator Harris,
however, did not see why the railroad com
pany should not put in all material evidence
before the commission. The counsel re
peated that it would not be feasible to dis
sent, because the issue was really not made
up until the commission was announced;
the companies did not know what points
they were to answer.
Having made a reference to the sending of
apermissionto railroad companies to accord
special rates to commercial travelers, Sen
ator Higgins asked for the counsel's opin
ion upon the bill. He reported that there
was no more necessity for it than lor a fifth
wheel to a wagon. The Commissioners
could now grant all that drummers re
quested, end the misconception on that
point had arisen from he decision of the
commission against the Baltimore and Ohio
Railroad Company in the "party rate"
case."
Kicking Against Safety Appliances.
William E. Rogers, ex-member of the
Board of State Railroad Commissioners of
New York, and now a member of the Com
mittee on Safety Appliances, spoke in favor
of the bill introduced by Senator Cullom to
compel railroads to equip their cars with
automatic couplers and continuous brakes
and locomotives with driving-wheel brakes.
Mr. Ely, of the Pennsylvania Railroad,
opposed any action at all by Congress look
ing to the equipment of railroad cars with
couplers, on the general ground that legis
lative interference was not needed. As the
railroads were directly interested they
should be allowed to settle the matter
among themselves. He thought the matter
would in time adjust itself.
A New Decision Rendered.
The Inter-State Commerce Commission
to-day announced its decision in the case of
Murphy, Wasey & Co. against the Wabash
and other railroad companies in favor of
complainants, who ship chair stuff, bed
and matress material in mixed carloads
from their factory in Detroit to their other
factory in Omaha. On chair stuff, for ex
ample, they are charged as much per hund
red weight, under the Western classifica
tion, for the transportation from Chicago or
Mississippi river points, as the route may
be, as for the more costly but finished ar
ticle. The commission informs of its power
and duty to fix minimum charges in
cases where complaint is made of un
reasonable rates. The points ' decided
are briefly as follows: A carrier
should receive a greater compensation
in the aggregate for hauling a carload of
large tonnage than one of less tonnage, but
other things being equal as a general rule
the rate per hundred weight should be less
in the former than in the latter case. A
maximum rate is prescribed for complain
ants shipments in mixed carloads of chair
stuff, spring bed and mattress material, all
wooden, minimum weight, 25,000 pounds,
of not exceeding : 20 cents per 100 pounds
from Mississippi river points in Omaha, re
sulting in a through rate from Detroit to
Omaha, via Chicago, of 30 cents per 100
pounds, and via Mississippi river points,
not through Chicago, of 30J4 cents per 100
pounds.
FUTTJBES GIVEN A BWIPE.
A Witness Says Boards of Trade AVe Only
Big Bucket Shops.
Washington, D. C, Feb. 10. Mr.
Forbes, of the Duluth Board of Trade, ap
peared before the House Committee on
Agriculture to-day with an argument
against the passage of the proposed anti
options bill. Its passage, he contended,
would demoralize the grain trade of the
whole country, and especially of that por
tion of it which was dependent upon water
navigation to transport products to market.
Mr. ..Howard, a merchant of St. Louis,
favored the bill, declaring that dealing in
futures was the most subtle kind of gam
bling that had ever emanated from the
brain of man. It was the greatest curse
that had ever struck the great nation of
America, The hog products of the United
States for the past ten years had not paid
the cost of the hog, and yet the hog pack
ers of Chicago had become millionaires.
They had become so by gambling in futures.
The grain ring was the strongest ring in ex
istence in the country and was impoverish
ing the nation. This question rose above
the question of politics or religion, for any
politics or relicrion which permitted a poor
man to be deprived of the fruit of his toil
did not deserve to be sustained.
He did not want to cripple commerce in
any way; he desired to prevent gambling.
If ne sold a man 1,000 bushels of wheat he
wanted it to be wheat and not 1,000 bushels
of wind. If this vilest system of gambling
was not put a stop to it would lead to revo
lution. There was no difference between a
Board of Trade and a bucket shop, except
that one sold a bushel full and the other a
bucket full. The bucket shop was only an
offshoot of the Board of Trade. Through
out the country there were bank failures
and defalcations, and nine-tenths of 'the
money stolen went into this pot of futures.
NOT STEPPING BACKWARD.
The Springer Flan of Attacking the Tariff
and How It "Will Work The First Point
Is the Wool Schedule, and It Will Sur
fer Greatly.
Washington, D. C, Feb. 10. There
has been a substantial agreement reached by
the Wool and Woolens Special Committee
of the Democratic majority of the House
Committee on Ways and Mean3 on the pro
visions of the wool bill. The special com
mittee, by agreement among the Democratic
members, was charged with the duty of con
sidering the Springer wool bill, draftingtany
proposed modifications and gathering special
information relating to wool growing and
woolen manufactures. Its members have
agreed upon the changes in duties they will
recommend, and a conference of the Demo
cratic members of the committee. has been
called for to-morrow morning, at which the
matter will be fo'rmally considered.
As the special committee numbers five
out of the ten Democratic members of the
Ways and Means Committee, it is believed
the agreement reached embodies the pro
visions of the free wool bill whirhthe Ways
and Means Committee will recommend to
the House for passage. The changes to be
made in the bill as introduced by Mr.
Springer have not yet been formally
drafted, and it will be some days before the
bill is put in shape. Very substantial re
ductions have been made in the duties on
woolen manufactures proposed by the bill
as introduced by Mr. Springer.
All Duties on Wool Cut Down.
The ad valorem duties on woolen manu
factures of all kinds, including cloths, dress
goods, carpets, and all other woolen articles
imposed under the McKinley law, and
which rates were left unchanged by the
Springer bill, have been cut down wherever
in excess of 40 per cent, and the average
rate of duty proposed by the new bill on
woolen manufactures is about 5 per cent be
low the uniform rate of 40 per cent fixed by
the Mills bilL Under the agreement reached
wool is made free, as proposed by the
Springer bill, all duties on woolen manu
factures, where 40 per cent or less under
the present law are left unchanged; where
more than 40 per cent they are reduced to
that rate, so that no woolen duties will be
higher than the Mills rate, and those on the
cheaper grades of goods will be less.
Under the McKinley law duties range
from 30 to 60 per cent, so that there is a re
duction of 20 per cent made from the high
est rate now imposed, and the average rate
is brought down to about 35 per cent. On
shoddies and waste the agreement adopts
the Springer rate of 30 per cent against a
present rate of 30 cents per pound.
All compensatory duties, of course, are
taken off, as raw wool is made free, so that
the present per pound and per yard duties
will be abolished if the bill becomes a law,
and only ad valorem duties retained.
A Step Far From Backward.
Membersof the committee say that the
wool bill will be the principal measure re
ported from the committee, and that -an ex
amination of its provisions, whn formally
announced, will show that not only has "no
backward step" been taken in the direction
of tariff reform, but" that a step in advance
has been taken of considerable importance,
and that on the wool schedule, regarded by
all tariff reformers as the key to the pro
tective tariff system, reductions are made
greater than those proposed by the Demo
crats two years ago.
A careful consideration of the bill, they
believe, will "show that it is proposed to
make a substantial attack on the tariff, and
at the same time one which may have a fair
show of passage through the Senate and of
becoming a law.
THE BOTTOM OF THE SEA.
Its Outlines Being Traced, Preparatory to
the Laying of a Submarine Cable. ,
Washington, Feb. 10. It has been de
cided by the Navy Department to make an
other line of soundings before definitely de
ciding upon the route for the proposed sub
marine cable between San Francisco and
the Hawaiian Islands. This conclusion has
been reached after an examination of the
full report, ust received here, of the sur
vey of the two lines recently completed by
the Fish Commission steamer Albatross.
Many irregularities, ranging from normal to
submarine mountains 2J miles in height,
were found in these two lines. Valuable in
formation, however, has been gained by the
survey, as there are sufficient data now at
hand to indicate the most favorable line to
be next surveyed.
Orders were telegraphed yesterday to
Lieutenant Commander Tanner, of the Al
batross, at San Francisco, to get his vessel
ready at once for making the new survey.
The new line will be run in a great circle at
or near Point Concepcion, Cal.,to the island
of Hawaii. With this line completed the
Department will be tolerably familiar with
the bottom of the sea covering an area of
nearly 300 miles in width between the Cali
fornia coast and the Hawaiin Islands. The
experts of the Hydrographic Office have
kept carefnl record of all the soundings
made, except a more Jevel line on the great
circle which it is now proposed to run. The
work already done, they say, indicates the
possibility of a line comparatively uniform
at an average depth of about three miles.
SSLF-GOVEEHMEHT FOE UTAH.'
A Hearing Granted Yesterday to a Delega
tion From tho Territory.
Washington, D. C, Feb. 10. The
House Committee on Territories gave a
hearing this morning to a delegation of
citizens from Utah, in favor of the passage
of the bill introduced in the House by Dele
gate Cain, and a similar bill introduced in
the Senate by Senator Faulkner providing
for local -self-government for Utah and for
election of the Territorial officers. Among
the persons present were Ex-Governor
West; Mr. Smith-, a lawyer of Ozden, and
Judge Judd, formerly Associate Justice of
the Territory.
' The tenor of the arguments advanced to
day was that the present government of the
Territory was inadequate, corrupt and im
practical. Charges were made by the spokes
man that the officials in power administered
the affairs of government more for their own
personal aggrandizement than for the good
oi the people, and that malfeasance in office
was common.
Some Wat' Claims Adjusted.
Washington, Feb. 10. Mr. Stone,
from the Committee on War Claims to-day
reported favorably the bill to reimburse
California, Oregon and Nevada, for moneys
expended in the suppression of the Rebel
lion. California is under the bill entitled
to $2,451,369, Oregon 5224,528 and Nevada
to 5404,000.
' On center table to-day new combination
dress patterns, worth 510 to 520, at 56 50 to
day. ' Jos. Horne & Co. 's
Penn Avenue Stores.
To Let Advertisements.
Especially good 'variety to-day. Read
them carefully.,, ,-c . '
t:i
FEBRUARY. 11, 1892.
WHAT CONSERVATIVE MANAGEMENT
WILL DO IN LIFE INSURANCE.
Thirty-Third Annual Statement of the
Northwestern Mutual Life Insurance
Company It Shows High Interest,
Low Death Rate, Large Surplus and Un
paralleled Dividends to Follcy-Holders.
Milwaukee, Jan. 26, 1892.
To the Trustees and other Policy-Holders of the
Northwestern Mutual Life Insurance Company:
The executive committee ot the board of
trustees submits its report of the business of
1891, found herewith in detailed statement;
before entering upon which, however, a few
words may be fitting:
The official investigation of a leading life
insurance company, and widely-published
letters from tne presidents of two other
leading companies, announcing retfench
ment and more.conservative methods of se
curing and transacting business have largely
centered interest in life insurance matters
during the past few months, and have very
naturally suggested to the public that re
form is necessary in some of the methods
and practices that have recently grown up
in carrying on the life insurance business.
The Northwestern is an advocate of re
form, first of all within itself, if needed;
then wherever and whenever needed. Be
lieving it to be safer and better for any in
stitution to find 'its own opportunity for
improvement, its practice always has been
whenever retrenchment was possible or
amendment desirable, to forthwith make the
company better in such regards. This com
pany has from the beginning aimed to con
duct its affairs in all departments with a
rigid adherence to sound and honest business-principles
and economy, and to con
tinue In its service only thoe whose work
boi e evidence of efficiency and Integrity.
Reform In life insurance methods is con
sidered necessary; first, in the character and
quality of business obtained; second, in tne
expense of securing business and adminis
tering company affairs, and third, in the in
vestment of trust funds. Piedzed As the
Northwestern Has been and is., to increase its
strength and usefulness from year to year,
let us examine briefly the company's recent
record in the above particulars. The stand
aid or membership in this company has
always been high, higher, indeed, in 1891
with a new business of sixty-five millions
than ten years before with a business or only
fifteen millions. The average death rate of
the company during the past 20 years was
1.06; dm tag the past 15 years, 1.03; during the
past ten years, 0.97; during the past five
years, 0.95; durinz the past year, 0 89: and
lowoi during each period than tho death
rate of any other leading company.
The supi emacy of theNortn western among
its principal competitors, in point of inter
est rato, continues. Comparison of this re
port with statement of last January will
show that the .rate actnally earned in 1891
was 6 1-10 per cent on the assets at the be
ginning of the year. Interest accrued but
not duo exceeds same Item one year ago by
over $150,000. The same well-known, care
ful and exact standard and methods govern
tho Investment of its funds, and wa think
no other company can show its entire "re
serve" Invested in first mortgage bonds. In
1893 the amount added to surplus 4n tho
Northwestern exceeded that of any other
company, while in 1891 this increase was 52
per cent larger than in 1890. Figures on any
of tneso points in other companies aro not
yet made public. Relative to the expense
of securing new business, our company has
not for years in a single instance paid salary
to any general or soliciting agent; while the
frado and rate of commission paid
or business is no higher tnan
eight years ago. The "ratio of expenses
and taxes to new business" during 1889 and
1890 was lower in tho Northwestern than in
any otherregular company.and lower still in
1S91; moreovor, our company, during each of
the years 18S8 and 1889, after deducting ex
penses, losses, endowments, dividends in
fact, all disbursements had a larger per
centage of income remaining for investment
than any other company in the United
States, with a single exception, one of the
smaller companies. In 1890 the Northwestern
led all the companies in this respect, our
ratio that year Deing as per cent nignor man
the average of the ten largest companles.and
12 per cent higher than that of the company
standing second. The company's record in
thisiegard was 6 per cent higher last year
than in 1S90. It is also proper to state In
this connection that our company, during
1890, in collecting nearly nine millions of
dollars in piemiums, lost through Its' agents
only $76 90, or less than ono one-thousandth
done percent. In 1S91, in collecting over
ten millions of dollars, it lost nothing.
Our policyholders have become willing to
waive the distinction of belonging to the
largest company in the world, or the com
pany doing the largest business in the world,
since they have experimentally learned that
such results as the foregoing mean not only
inoreascd and increasing solidity and
strength, but annual and substantial benefits
to them not equaled by any other company
in the world.
The company during tho past year paid
dividends on its first ten-year tontine poli
cies, Issued in 1881, that proved very satis
factory, and justify tho belierthat, what
ever the results under such policies may he
in the futuie, they cannot fail to yield
larger surplus returns for premiums paid
than any other form or lire and investment
intrarance in thjs or in any other company.
Tho new business or tho company was
larger in 1891 than during any preylons year:
the business each month of the year being
larger than in any corresponding month in
the company's history. The steady growth
in this regard may bo seen from the follow
ing table:
Year. No. Amount. Premium.
1S87 13,009 $32,125,953 00 $1,322,152 66
1883 15,212 40,258.81100 1,638,459 03
1889 18651 48,058,079 00 2,084,053 99
1890 23 046 58,761,774 00 2.4S4.023 58
1891 25,935 64,605,382 00 2,643,714 49
Addinsr restorations, etc.. as is done in the
official reports of Insurance Commissioners,
as well as in the advertisements of other
companies, tne amount of new business of
tho company written In 1891 was $68,390,472.
Tho work of the loan department shows a
larger amount of money loaned than during
any previous year, $10,284,024 22.
Following is a statement of loans made on
bond and mortgage for five years last past:
Yeah.
Loaned DnrlnglTotal Amount
the Year. of Loans.
1SS7.
1888.
1S89.
1890.
1801.
$ 5,702,835 77
5,405,279 05
6,069 272 24
9,899,700 IS
10,2S4,C24 22
$24,211,405 86
27.352,727 OJ
30,033,434 1,
35,455 653 K
s.
Tho assets January 1, 1891, were $43,823,-
755 45.
The income for 1891 was:
Premiums and annuitlos $10,117,944 20
Interest and rents 2,426,753 51
Total $12,544,697 71
The surplus over a I per cent reserve is
$7,891,790 55.
Tho whole number of policies in force Jan
uary 1, 1892, was 113,628, amounting to $C75,-'
674,753, an increase for the year of 15,003 poli
cies and $36,765, 946 insurance; probably no
other large company can show such a pro
portion of insurance gained as. compared
with new business written during the year.
Tho death Tatto for tho year was 0.89 of the
mean amount at Tlsk. The average rate of
all companies reporting to the Massachusetts
Insurance Department in 1890 was 1.3.
During the 33 yeais since tho
Company commenced business
it has paid to tho representa
tives of its deceased .policy
holders, ror death losseT. $23,345,2S6 23
And to Its living policy-holders
for dividends, matured endow
ments, surrendered and lapsed
policies 33,615,356 99
Total $36,960,643 24
Add present assets 48,826,755 45
Amount paid to policy holders
and held for them $105,787,398 69
Total premiums received 94,671,403 68
Excess of assets and payments
to policy holders over pre
mium receipts $ 11,115,990 01
Tho payments to policy holders added to
the present assets amount to over $11,000,000
more than the entire premium receipts.
The annaal statement heiewith shows tho
income and disbursements for the year 1891,
and the amount of the assets, liabilities and
surplus, December 81. The assets have in
creased $6,473,842 49 during the year, and the
surplus, $1,359,463.57. The statement shows
that the securities in whioh the assets are
invested are of tho superior quality required
by the oharter and Justified by the experi
ence of the Company.
The examining committeoiof the Board of
Trustees, consisting of Messrs. A. P. Water
man, George F. Wheeler and F. F. Adams,
aro now engaged in the examination of the
Business for the six months ending on the
31st of December la3t, and, will submit their
report to the board at the meeting to be held
on the 27th Inst.
II. L. Palmer, I C. D. Nash,
JIatthxw KxemAit, I W. P. MoLarkj,
Geo. W. Mitohih, Charles E. Dver,
WlLLABP MEilULL,
Executive Committee.
'JAtIART27, 1892.
We have Just completed a careful exami
nation of tho, books and accounts and find
-that tho accompanying statement of the
,i-
te& .-., r, '-'.., . z 5 VJ . .:t.4' . L . - -ZaA..-vSMlr im. 1L ..RhZZmZ In?-Mb
condition of the company on the 31st day of
December, 1891, is correct.
' A. P. WATERMAN.
GEO. F. WHEELER,
F. F. ADAMS.
Examining Committee of the Board of Trus
tees. ANNUAL STATEMENT JANUARY 1, 1892.
I3TCOME.
Premiums $10,111,607 72
Annuities 6,336 48
Interest and rents... 2,423,753 51
Totalincome $12,541,697 71
DISEURSEMEST9.
Claims by death $ 2.289,686 13
Matuied endowments 497,050 11
Annuities. 6J 40
Surrendered and
lapsed policies. 315,850 37
Dividends to policy
holders 1,028,390 35
Total payments to
policy holders $ 4,161,043 40
Taxes.. 133,054 67
Commissions, agents'
expenses and sal
aries 1,539,356 54
Medical examina
tions 116,786 30
Official salaries and
expenses of trus
tees 189,273 75
Legal, loan and real
estate expenses 118,382 30
Advertising 5,852 DO
Supplies and express-
age 47,9273
Exchange and post
age...:. T...- 65,033 62
Fuel, gas, building,
furniture, traveling 18,564 69
Premiums on bonds
bought 14,04117
Profltandloss 5149
Total disbursements 5 6.409,337 56
ASSETS.
Loans on bond and
mortgage $40,713,057 41
Premium notes 546,319 88
Real estate 1,026,880 04
United States bonds,
market value 129,835 00
State and municipal
bonds, market value 2,839,792 11
Cash on hand and in
banks 1,783,303 93
Accrued interest and
rent 679,053 50
Ledger accounts and
bills receivable 17,873 75
Deferred premiums
(20 per cent de
ducted) 713,932 40
Premlumsincourseof
collection (ditto)... 372,650 40
Total assets $13,826,755 45
LIABILITIES.
Losses and endow
ments unadjusted. .$ 191,036 90
Unpaid dividends.etc.
(estimated) 100,135 00
Reserve for paid up
insurance claim
able, and for an
nuities 152,412 00
Reserve required by
laws of State (actu
aries' 4per cent) 40,488,331 00
Total liabilities $40,934,964 90
Surplus on 4 per cent basis $ 7,891,790 55
HENRY C. AYERS,
GENERAL AGENT,
Bank of Commerce Building, corner Sixth
avenue and Wood street, Pittsburg, Pa.
All Sorts and Conditions of 9Ien,
No matter how widely at variance on other
points, concede to Hostetter's Stomach Bit
ters sovereign potency In cases of malaria.
This is the universal testimony from all
classes. Chills and fever, intermittent,
dumb ague, and aguo cake invariably suc
cumb to It. So do dyspepsia, la grippe, con
stipation, biliousness, rheumatism and kid
ney trouble. Emigrants to and sojourners
in malarious regions should provide them
selves with this genial means of protection.
OUR THURSDAY OFFER.
The Best Suit of Clothes Yon Can Pick In
Onr Storo for S13 P. C. C. C, Clothiers.
To-day, February 11, you have jiennis
sion to go through our establishment
and pick any suit of clothes, regardless of
the iormer prices, for 513. None of these
fine suits were damaged by fire, smoke or
water. All damaged goods were removed
to our basement-bargain department. This
is no ordinary sale, but because of our late
fire we are justified in selling off all the
goods not damaged at enormous reductions.
Suits that are worth 525, $28 and 30, and
for which tailors charge 540, are in this sale
at $13. Last week it was overcoats, this
week it is suits. Most of these suits are so
elegantly made and of such fine materials
that few clothing houses carry them. The
list includes: Pine cheviots, clay diagonals
and worsteds, elegant cassinier'es, narrow
and wide "Wales, extra finepinchecks, cross
bars and plain patterns. The cream of an
elegant stock.
P. C. C. CL, Clothiers, corner Grant and Dia
mond streets, opp. the Court House.
The People's Preference.
"The people of this vicinity insist on hav
ing Chamberlain's Cough Remedy and do
not want anv other," says John V. Bishop,
of Portland, Mills, Ind. The reason is be
cause they have found it superior to anv
other, especially for the grip and the cough
which so often follows an attack of tne
grip. 50-cent bottles for sale by druggists.
TTSSU
The largest line of pressed parlor papers
ever brought to Pittsburg.
JOnN S. "ROBERTS,
719-721 Liberty street, head of "Wood.
MTh
To Let Advertisements.
Especially good variety to-day. Bead
them carefully.
Beautirul Valentines
From 10c to $10.
E. S. Davis & Co., 96 Fifth avenue.
Special Rent Llgts
Advertised to-day. Do not fail to read
them.
GENUINE DIAMONDS AT FANCY PRICES
A THING OF THE PAST!
Still having a large lot of Genuine Diamonds of our last fall importation oa
hand, and desiring to dispose of them at once, we have made a reduction of 25 per
cent on the formcrlow prices of our entire stock of Eing9,Studs,Eardrops,LacePins,
Pendants, Necklaces etc Each article is marked in -plain figures, showing.the
former selling price and our "MASK-DOWN" price.
SMIT'S
CHOICE PROPERTIES.
SELECT
Any of these and you select a. first-class
brick bouse in a desirable location.
Price. Location. Front Ft. No. Booms.
$ 7,500, Roup, 30 7
7,760, East End, Corner, 9
8,500, East End, 40 9
8.5CO, Roup, Corner, 8
9,000, Roup, 50 9
10,000, East End, 60 10
10,000, East End, 40 lO
11,500, Roup, 40 9
12,000, East End; 40 10
13,500, Shadyside, 40 10
15,000, hadyside, 90 12
17,000, Bellefleld, 37 13
20,000, Bellefleld, 50 10
21,500, Bellefleld, 100 ' 14
25,000, East End, 108 12
25,000, East End, 60 12
25.O0O, Bellefleld, 78 lO
25,000, Shadyside, 80 15
MURRY & EDSALL,
Fidelity Bulldine,"
121 Fourth Ave.
felO-22
no
Those intending to locate, a most desir
able site
FREE,
In newly laid out town, near Pittsburg.
SHIPPING POINT
Unsurpassed, transportation by competing
railroads and water.
Freight Rates SAif Pittsburg.
EVEEY ADVANTAGE TO OFFER.
For full particulars address
ENTERPRISE,
fe9-63-TT DISPATCH OFFICE.
FOR SALE-EAST END HOUSES,
Desirably located.
SOME ON PAVED STREETS.
Aiken av., 7 rooms, lot 50 It. front, 4.200.
Howe St., G rooms and attic, $4,300.
Clayboume St., new house, 6 rooms, attic.
$1,000.
Aiken ay., two houses, 5 rooms each, both
$1,300.
Gross St., new house, 5 rooms, $3,200.
Bond St., new house, 6 rooms, $3,500.
Baum St., 8 rooms, $1,300.
Copeland St., 5 rooms and attic, $1,500.
Of many of these arrangements for easy
payments can be made.
Small nayment down.
Remainder on long time.
Send for newprinted list
W. A. HERROX & SONS, 80 Fourth ay.
ie5-83-5,9,11.13
AN ELEGANT
HOME IN
BEST
RESIDENT
" PORTION OF
EAST LIBERTY
FOR
810,000.
fe4-86
Brick house of 11 rooms,
reception hall, bathroom.
all modern conveniences;
lot with 81 feet frontage;
shade trees.shrubbery.etc
situated witnin ummutea
walk of three rapid transit
lines and P. R.R.; excellent
investment, or beautiful
home; one-third cash, bal
ance to suit purchaser. A.
S. GRAY A CO., Boom 43,
Eisner Building.
$3,100
Buys a 6-room frame house in East End.
Bay window, inside shutters, slate mantels,
both gases, handsomely papered; 15 feet
front on a good street, within one square of
North Hiland ay. Investigate this.
BAXTER, THOMPSON 4 CO.,
fe7-174rrsu 162 Fourth av.
TO INVESTORS.
I have for sale $34,000 at 97K. total issue
0 per cent 30 yeara water bonds, guaranteed
by a city. A flrst-class investment.
WILLIAM X. HUDSON,
Attorney at Law, Room 5, No. 100 Diamond
St., Pittsburg, Pa. no29-rhsu
F
OR SALE
$500 down.
Remainder as rent.
East End; well located.
Stylish new house.
Six rooms and finished attic.
Hath, pantry, laundry, modern fixtures.
Location desirable and accessible.
Price only $4,000. (36)
"W. A. ilERRON & SONS, 80 Fourth ay.
fe6-29-jrruTh3
FOR SALE.
Bids will be received un til FEBRUARY 10,
1892, for the
SEWER PIPE WORKS
And manufactured pipe on hand, of tha
Penn'a. Man'fg., Mining & Supply Co., at
TORONTO, OHIO.
The company reserve the right to reject
any and ail bids. Address all communica
tions to JOHS S. D AVISOK.Treas., P. O. Bos
734, Pittsburg, Pa. jal7-26-TT3sn
E OR SALE
Good Houses.
Location Very Central.
Short Distance From Court House.
$5,000 Brick, 8 rooms; lot 20x100 ft. (15.)
$3,200 Brick, 6 rooms; lot 23x160 ft. (95.)
$9 000-Double brick; lot 50x100 ft. (13.)
$3,500 Brick, 6 rooms and attic (105. )
$2,500 Frame, 5 rooms and attic (104).
Send for new list.
W. A. HEBRON & SONS,
fe5-S0-TTT3 80 Fourth avenue.
S14r,000.
EAST END.
$2,000 cash, $1,000 per vear. On the finest res.
idence street, near Fifth av., substantial,
new, modern style 14-room brick dwelling,
parlor, library, dining room and kitchen on
first floor; excellent laundry, stationary
tubs, two w. c's, electric light; lot 52x137.
. M. F. HIPPLE CO.,
96 Fourth avenue. fe941-TTS
3
fe6-34
Cor. Liberty and SmithMi:
AND T
311 Smithfield Street-
fe7-TTS,
v a & ' TrAar
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