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THE AKGUS, WEDJSTESDAy, JViCH 8. ISliS.
Highest of all irt Leavening Vower. Latest U. S. Gov't Report.
and Offering- in
May Be Made a Gold Mine
MATTER DECIDED AT WASHINGTON.
Made From Divergent Political
a PEncrr of millions pbedicted
By the Democrats on a HouSe Committee,
and Disputed by the Republicans Thu
, Treasury Expected To Be About 40.-
000,000 Behind June 30, 1894, by Oi...
Set of Financiers and About Even by
the Other Controversy Over the Sink
ins; Fund Tteprots Summarized.
Washington, March S. The majority
and minority reports of the committee on
ways and means on the investigation into
the condition of the treasury made by the
committee were completed yesterday and
sent to the printer, authority for this hav
ing been obtained from the house just be
fore adjournment. The majority report
was prepared by Springer, and says, assum
ing that the statements by Secretary Foster
are correct, that on the'uOth of June next
there will be an estimated cash balance of
t20.E9,377 over and above the legal gold
reserve. It will appear from an examina
tion of Fosters's verbal statement to the
committee in explanation of this estimated
balance that it is probably too large. The
majority is of the opinion that at the close
of the present fiscal year there will be an
available cash balance in the treasury aside
from the gold reserve of not over $17,000,-
. ; Outlook for the Year 1884.
As to ls$H Springer says that according to
the treasurer's statement the secretary es
timated an available cash balance of $17,
eo2,407Tnot taking the $100,000,000 gold re
serve into consideration, but a note at the
bottom of the statement shows that the
balance is chargeable with contract liabili
ties aire ady appropriated for amounting to
$40,000,009. It is possible that all of this
amount will 'not be called for during that
fiscal year, but this is the amount esti
mated by the department and the availa
ble cash balance would be reduced to $7,
800,0(0. it iso appears from this state
ment that of the contract liabilities exist
ing Dec. 31, 1S9S, the sum of $I6,115,7TO
will be called for in the year 1S94 for riv
ers and harbors: Of this amount u -
153 has been appropriated for in the sundry
Figures Out A40,0OO,Ooyjtefiriency.
ine cnarge upon the tiTTiury for that
year must a. no be Augumented by what
ever oencienty appropriations may be re
quire, wmcn, including pension dcficien
lies, nave averaged during the past five
sessions $35,000, ijpo each year. To this de-
nciency must be added the amount of mis.
ceiianeous appropriations, which for five
years past have averaged $7,000,000 each
session, iroiu these estimates, however,
it is probable there may he some saving on
estimated expenditures in the actual ap
propriations. Under the most careful es
timate that can now Le made it is appar
ent, says the report, that at the end of the
ensuing fiscal year there will be a defi
ciency amounting to from 3o,000.no0 to
Bis; Claim of the Sinking Fund.
In these calculations no account what
ever is taken of the requirements of the
sinking fund. The requirements of this
fund were not met during the past fiscal
- year. No effort has been made to meet
uch requirements during the current fis
cal year.nor can any of its requirements be
observed during the ensuing fiscal year
unless there is a large increase in the rev
enues of the government. The balance due
the sinking fund J une, 18K2, was $11,307,
825, the requirements for 1893 are estimated
at $48,63.0()0,and at the end of the next fis
cal year there will be due the fund a little
I Cites Foster's Late Opinion.
.Besides this the majority report says
there is $ltt,0K),000 which Foster credits to
the fund which was paid for redemption
of the notes of liquidating national banks.
This the report does not concede, and says
should have been paid out of current re
ceipts. The report concludes with Secre
tary Foster's opinion that there will be a
deficit in 18m. and his desire that the reve
nue should lie increased by $.V),000,000 to
meet treasury condition!).
AS VIEWED BY REPUBLICANS.
A General Dissent from the Coucluslon of
- - the Majority.
;. The minority report, which was drafted
by Payne of New York and is signed by
all the Republican members of the commit
tee, says the conclusions from the evidence
presented with the report seem wholly un
warranted and misleading, "In fact there
seems o he at utter lack of evidence to
justify any of the criticisms of the majori
ty upon the statement of the secretary
which showed a surplus in the treasury on
June SO. MM." The statement, of the secre
tary supplemented by the evidence of the
treasury experts are evidently of the most
conservative character. The estimated re
ceipts are placed at a minimum while the
estimated expenditures are placed at a
Insists on a 81.OOU.0OO Surplus.
The minority thinks that there will be
no deductions from the $31,000,000 which
Foster estimated as the surplus for 1893
claiming that the appropriations which
h-pringer says will have to be paid this
:yenr will not be paid until next. As to
1894, although admitting that the majority
is correct in its estimate of contract liabili
ties tobe set against the revenues of ikoi
the minority claims that it is evident that
tne wnoie tnereol will not be a
deficiencies which make up a part or this
average arise from the change of the law
and from the impossibility of estimating
me eueci oi sucn cnanges. A more relia
ble way as to pensions, it says, is to take
tne statement of the commissioner of pen
sions which does not justify a higher pen
sion ueuciency man ,,iuu,utJ, winch, with
the average deficiency iu other matters-
$S,.00,000 would make a total deficiency
Another Average Attacked.
The average of miscellaneous appropria
tions arnveu at Dy tne minority is also at
tacked, lue minority says that the fact
snould not have escaped Hie maioritv that
aunng tne pest two oi three years a new
poucy nas oeeii inaugurated and bills for
public buildings, light-houses, etc., no
tong receive direct appropriates and are
now largely carried in the sundry civil hill
so tnat the total of the last miscellaneous
appropriations amounted to about $3,000,-
more than half of which was for the
v orid s Mir. .
A Small Matter Either Way!."
u" the basis of the statement of the
secretary of the treasury it would seem
mat tne amount of either surplus or de-
uciency in the treasury on June 30 iu
wouia tie very small. The revenue from
customs on the -basis of the nercentasre of
increase each year ought to be larger than
estimated by $11,000,000. Certainly there
... u junnui.jii.iuii wuatever ror tse majori
ty's deficiency estimate at the close of lbV4
or THi.ooo.ooo or $40,000,000.
sinning Fund Krquirrmrnis-Anticipated.
ine remarks of the niainritr
the sinking fund are commented on as fol
lows: inis credit could not be made to
'hat fund from the current revenues of this
ear without increasing our taxation suf
ncienuy to retire S.0,00u,000of bonds per an
num. l)o the majority of the committee
advocate any such scheme? Otherwise why
uu iuc) unngtne matter into thisreportf
--tor they certainly know that prior to
i3i. the requirements of this act
had been anticipated by nearly. $1,000,000,
Made It asBad as They Could.
in conclusion the minority says: "We
cannot escape the conclusion that the ma
jority or the committee have, whether in
iruuonauy or not, put the worst possible
l,u" upon tne condition of the treasury,
overlooking the important points iu the
statement of the secretary of the treasury
and the experts examined in arriving at
neir unwarrantable conclusion."
FRATERNITIES TO THERESCUE.
miii iu i ne Illinois Legislature That Is
Creatine a Sensation.
.?pr.iNt,riELr, .March 8. Senator C. "P.
.'ohnson, of Chicago, has introduced a bill
that if passed will wipe out every life in
surance fraternal association in the state.
to say those connected with these associa
tions, which pay yearly to widows in Illi.
i ois from $!,500.000 to $4,000,000. The bill
requires all such associations before
doing business in this state to "comply
v-ith the conditions of theact." And there
U where there is a "little joker" in the bill.
The Aforesaid Conditions.
F or such conditions are prescribed as to
make life thereunder not worth living for
tie associations amied at. One of t hem
h- that such a society as the Royal Ar
canum must have locked up a cash reserve
o? $10,000,000; another would make the first
p ige of the average policy five yards long;
a tother requires thu impossible in many
Rises the payment of the policy as soon
aa death is proved some societies not mak
ir g an assessment until that time; another
would permit a man to nereive himself re
garding his physical condition, and still his
heirs get his insurance.
The Societies Whooping Angry.
There are other annoying and vexnt.inna
conditions, bnt the above are what the
societies chiefly object to, and they are in
aims all over the state. The wire havA
been hot ever since the committee on insur
ance reported the bill favorably yesterday
it, was oraerea to second readme with
m.sages callin g th.fi officers to go to wort
10 defeat the measure, and thera will iu,
de termined fight against it.
Doing in Senate and Bouse.
-Lbe senate yesterday ordered to thinl
rei;ding the bill requiring fire insurance
Companies to pay the full amounts of poli
cies; tne same action was taken with the
bill prohibiting voting by proxy in town
ship insurance companies, except where a
m.vr i-ito 1 .. ,1 . 1 I i -:' . -
ymj i .is auuui.ru u a I v. f,-i uiru VL.le
M'l. - i r -i
-ine uouse reinseu to reco; (N er the vote
coi curring in the unfavorable report on
tne bill repealing the "cow law," so that
stolt are still prohibited from running at
lar?e in cities and towns. The calendar
wa-i cleared ot bills on first reading. The
bill taxing express companies 8 per cent.
on ?ross receipts was passed, as was the
mil autnonzing kiudergaitens in school
The Supreme Court Ciives Judgment
Against the Weittcrn I n Ion in a St.
. Louis Case That Judge Dillon Says Will
Cost the Company S200,OOO,O0O a Yea
Ordinances Charging Rental for Each
Tole Declared Valid Trouble Ahead
, tor the Companies.
ST. Ixhtis, March 8. The decision of the
Suited States supreme court at Washing
ton Monday that the citv nf Sit. Tiiiw tow
sntitled to collect an annual rental of $5
each for telegraph poles iu the city streets
is most tar-reaching and important. It set
ties ror all time the proposition that the
city has a right to do as it pleases with
Its streets and say what shall And what
shall not be placed upon t hem. The prop
osmon applies not to St. Ixmis alone, but
to every city in the United States.
Judge Uillon Makes Hie Fi cares.
According to the statement of Judge Dil
lon, who apiHared as counsel for the West
ern I nlon in the matter, it means an out
lay of t-Vo.COii.lMO per annum by the West
ern i ii ion ielegrjiph company in the
United States. This statement is without
doubt an exaggeration, but as the very
question settled in the St. Ijnris suit is
pending with regard to other cities, the
cost to the Western Union company will
lie well up in the millions. The decision
will give to St. Louis $74,3W.50 from the
M esteri. Union alone, and will save to the
city the large rental now being collected
iroui the 1'ostal Telegraph company.!
Klktory of the Case.
ity counsellor Marshall, who vwdnnt
vi. I 1 1 . ,.;- e . i . ,
history of the ease. A "ritv nrdi
which went into effect July 11, 1SS4, pro-
nueu iu:n teiegrapu companies doing busi
hi .-i. ixjuis snonid pay f5 per annum
loreacnpoie ereettd in the streets. The
western i. niou comnanv has l.M ch
poies, on wnien the
per year. On Apri
ieini in me t. nneu states nreii it mnrt
oy ice city ot
We place te choicest texile fabrics of thp
.npany nas itueb L.fnrfl 1 1,-i:, C a., . ,, . , . , , " .7"
tax amounted to f7,54.-. uciuic me lauici ui ic uiree ciucs inis wecK. i ne most Deautitul rrov
d ''cLTclTt France, Germany ancEngland together with those of our mvn HrWcr:
rhutu ftlSSeSiS Jactiirers. Never hashere been produced such a rich and elegant 'dW
iSZE.. fabr,cs as .1S sh9wn his season and never have prices been so low for"?
c creations oi tneoom.
Note the following
on June is. isss.the circuit court decided egant Creations of tliennm No ciiph hnraninci rvffpr&H mifcM nf
against the city on the trrnnr,,! th I 1Vti .n . c n .. O vwiJtut ui
."....iinr.miumM in violation of tiirt
Sw"?7hen-oiSst A ?J"4c 80 Pieces Piited Cotton Challies worth 7c at 3 3-4
preme court and was arirued last I1avt
oer. , l ne decision of Monday th fini
disposition of the case. PhiUolntiia
has and all cities orubnblv will h.m
oru:natice similar to the one in force here
ENGINEERS ORDERED OUT.
At 10c 44 pieces Genuie Toil du Nord Ginghams worth 12 l-2c at 10c
At 7 1-2 c 82 pieces San Gloria (advertised bv others at 19 nt7.
At 10 l-4c 0 pieces Fat Black Satines worth 14c at 1l 1-4 r
At 2c 38 pieces Best Iiported Fancy Satines at 25c
At 15c 120 pieces Best .'omestic Fancy Satines at 15c
At 5c 72 pieces Latest Sties Dress Ginghams woith Rr at ,r
i": i4f Pjeces Zephyr3inghams (twenty-three in. wide) worth 18c at 1-1
v-ii rt. jjiccci vvuiuor urebb rauiaras worm izc at v --rC
At 4 l-2c 100 pieces BesShirting Calico at 4 l-2c
m i-c pieces japonette beautilul new fabric at 23 l-2c
At 12 1 2c 31 pieces Brandenbej CJoih wortri 18c at 12 l-2c
At S c 45 pieces ZephyT Girghais wonh lc at 8c
t vsc 70 pieces Andersons JScoth Zephyr at 23c
A i fc iro pieces Printed French yannels worth 10c at 5c
luieuo. Ann Arbor and Nanh.r.
Michigan Men Strike.
l'l.r.oo, .MarcU S. Chief Arthur loof
u s:rike this niorriiug, and fifty engineers
will obey the order. Chief Sargent, of the
rivmen. lias u-en acting with Arthur in
tns mai tt r, .ind the firemen will also strike,
rvi using iu ira; wuu ii'jti-uniou engineers.
irou;ie uas a nrst rate chance to
spread, as r.p oye 'ii other lines may re-
insv in uaii'iie uon-uiiion Ireictit.
lluj rut tinj; simlrliaker's Wagons.
vim .iui!, .iartu r. ji. ji .iaaden. nres-
laetit ot iLe llliuois t ate Federation of
Lahor. has sent word to the Farmers Al
liance asking the members not to purchase
any wagons or carriage made by Stude-
baker lims. on account of the strike which
liie waijonniiiki ri inaugurated a week ago.
i t.. .-luiieuaKer r.as written a letter to
t.r.p men sayiux tunt he does not wonder
"thrv strikc-, imr untacouize their richt tn
do so. Politicians, agitators and nhilun-
inropists tell tlieui they are not trettins
their share, and : hey beliere it: but the
firm has to compete with the world and
caniitt Day ten lump,' tnwi f.r
hours' work unless it is made universal
'o Aetiou Vet at t'hioaco.
CmcAco, March The railway man-
a gel's uid not meet yesterday to consider
the demands of the switchmen. They will
inousanas oi otner lir-and B-vzains on sale. Onr store is hrim.fnll nf NW OrmV
t ore prnve with every day. OU1 PKICE3 ABSOLUTELY HURL DEFIANCE AT AM
4LL COMPETITION. !
226, 22S and 230 W. Scond Street, coiner of Harrison, DAVENPORT, 10"
Tne L.loerus ise a Mat.
London, March 8. The election held
Monday at Grimsby to fill the seat in
parliament made vacant by the resignation
of Mr. H. Josse, Liberal, resulted in a
vie; ory for the Unionists and the loss of a
sea- for the Liberals. Heneage, Liberal
Un onist, was elected by 4,427 votes to 8,
40J votes lor liroadhurst, LiiberaL At the
last election the Liberals had 600 majority.
McClellan'a Iaug;liter Married.
P&RI8, March 8. The religious mar
riages ceremony uniting Miss May Mc
Clellan, daughter of the late General
George B. McClellan with Paul Desprez,
attache of the French legation at Well
ington, took place at 11 a. m. yesterday at
the Nunciature, in the Hue de Grenelle.
The papal nuncio officiated.
m ne H ettber e May Kzpect.
W48BINOTOH. March 8. The following are
the weather Indications for twenty-four hours
from H p. ra. vpaterdnv: For Indiana and
, lllinriU Threatening weather and rain; south-
.-hi.rcra "VK w,os smiting to westerly during to-
Hgainst the revenue of next year, the Beer. n-K '' '"KuOy colder tonight, for Iowa
tary evidently not believing that they will ; win, "le""''f1we'her and rain; southeasterly
alFcomedue in im. hiSfi tTa" Mr Vo JTT
there wiU be considerable reductions iu ' evening; variabta . winds (vionsln-
i,iieiw cuuLracii accounts. - vu ur snow during the afternoon
Deficiency Averages Not Keliable.
The minority next attacks the mode of
averaging deficiencies adopted by the ma
. ority as grossly misleading, for the reason
that ' there is such a great variation that
"There can be nqavera.i. The large pension
ing; -asterly to sout herly wind
Ti -st Vice President Joseph V'. Kein
hart of the Atchison, Topeka and Santa
JberUl way, has been elected to the presi
dency of the company, to succeed Allen
Juan rel, -deceased.
DeuiiiM-y win still Hold Office.
PiTTsnrr.G, March 8. Althouch Hmrh
Dempsey, master workman of District as
sembly Xo. 3, Knights cf Labor, has been
sentenced to seven years to the western
penitentiary in connection with the Hnm..
meet today. Grand Master Wilson, of the te?d PlsouinK cases, the fealty of the as
Switchmen's Mutual Aid association, re- h00"111011 "as not swerved from him in the
tnrned from the west vesterdav mnminir 'east. If all efforts fail, and he is mm.
He is here to take charge of the affair nf Pe'led to undergothe sentence of the court
the switchmen's Mr. Wilson would f , stiU master workman of the
-n. iiwiuuij; nooiit tue nmiter iu nana. "iuiui wwi vr me ior term which he
: was elected.
Anxiety at Pittsburg. I
r-n isbi i:c;, Jlutc-i b. There is the li.t
orgi-or.ud for believing that the railroad
officials here are exceedingly anxious in
respect to the .ippiehended switchmen's
strike on the Pennsylvania and other sys-
lllld lui..lin ...... - I. :
The I,alj-;i'jb..ii Scrap.
New Oi: leans, March 8. Austin Gib
l)ons last night defeated Mike Daly in the
thirty-first round before au enthusiastic
crowd, including many friends of both
men. It is the opitiiou of. all that Daly
made a go. d showing, though vanquished,
he was tough as a hickory knot and pun
ishment did not seem to hurt him. But
.He was overmatched from the start and
Gibbons' only danger was over-confidence.
Nearly every round was in Gibbons' favor.
During the last few rounds Daly did his
best to provoke Gibbous to foul, but failed
and received a cleau knock-out in Ithe
Onr Secoud Ueeau Ureyhound.
New York, March 8. Atuoon yesterday
the American flag was hoisted from the
flagstaff, of the American line steamship
Paris, and at that moment the big ocean
greyhound was declared an American es
sel, privileged to carry the flag of the
I iiited States into any foreign port. The
steamship was formerly the City of Paris,
but hereafter she will be known simply as
the Paris. The ceremonies of yesterday
were not so elaborate as those performed
ou board the New York, but they had the
They Still Have a Monopoly.
Ne York, March 8. The patent ob
tained by Alexander Graham Bell on March
7, 1870, covering the only practical method
of telephoning which has beeu invented,
ended yesterday. This will not break the
monopoly, as the Bell company has other
necessary patents that wili not end for
Pardoned by Governor Altgeld.
SPHINGFIELD, March 7. Governor Alr-
geld yesterday par Joned George Kline and
Henry A. Heath, of Whiteside county, out
of the penitentiary, and Andrew Mo
Laughlin, of La Salle, out of the reform
chool All are boys.
Turners Want Physical Culture.
Madisox, Wis., March 8. In the senate
a petition was presented from members of
the Fond Du Lac Turnverein Urging the
passage of the bill providing for physical
culture iu public schools. Bills were passed
regulating the practice of pharmacy and
legalizing the plat of Prospect park in
Lincoln county. Senator Phipps' resolu
tion providing for changing the entire sys
tem of laying out assembly and senate dis
tricts and the number of legislators was
Family Mysteriously Poisoned.
Camden, N. J., March 8. The husband
dead, the wife lying at death's door, and
three children critically ill the result of
poison is the sad state of affairs at 1067
Francis street, Camden. Henry T. Horner,
with his wife and children are the victims.
How they were poisoned is a mystery that
County Physician Izzard and Coroner Jef
ferys are investigating.
Sent a Swindler to the Pen.
Philadelphia, March 8. Judge Butler,
in the United States district court yesterday
sentenced Charles Willson Rows, who was
convicted ot using the mails fraudulently
by contracting with lumber dealers
throughout the country to ship to him lutn-
oer zor which he did not pay, fourteen
months imprisonment and OX) fine.
Failure nt Chicago.
Chicago, March 8. George A. Clark, a
leather dealer on Madison etreet, assigned
yesterday, with liabilities about $20,000
anh assets $12,000.
In Plain English.
Cnqurstknsbly considered of incalculable con
tequence in cerrectirg all constitutional contam
inations, is Dr. Pierce's GoldenMedkal Discov
ery. Can conscientiously commend It to caret a
consideration, confident of its competency In all
controllable chronic complaints.
The "Golden Medical Ditcovery" is the result
of much research and wide experience, by a
practical physician ot world-renown ; its formula
embraces the meat potett rfttor&tives of the
whole vegetable kingdom. It Is especially rec
ommended for all blood disorders dyspepsia,
liver and kidney complaint, scrofula, salu
rteum, catanh and cocsumptlOB In its early
stages irsuring relief and core in all cases I .
1) -Bedroom Suits-
Never before heard of prices,
At G. O. HUGKSTAEDTS.
1809 and 1811 Second Ave
- HALF PRICI
1 U W. Second Street- OAYfcUPDRj. IOWA