The Butte inter mountain. [volume], May 11, 1901, Image 3

About The Butte inter mountain. [volume] (Butte, Mont.) 1901-1912

Image provided by: Montana Historical Society; Helena, MT

                
RAGE OF KICKERS
PORTO RICANS ALWAYS FEAR
THE RUIN THAT NEVER COMES.
ISLAND AFFAIRS PROSPEROUS
More Money, More Work, More Schools
Than Ever Before— Fédérais Fear
to Lose Their Power by the Educa
tion of the .niasses-— General Condi
tion of Natives Much Improved.
(By Associated Press.)
San Juan, Porto Rico, May 11.—
When Acting-Governor Hunt was asked
to express an opinion on the state
ments made by Borda and Bulbas, the
Porto Rico commissioners, in the United
States, his reply implied that these gen
tlemen are not representing conditions
here as they actually exist.
"Why," said Secretary Hunt, "since
the American occupation the Island
has never been in as good condition as
it is today. The customs books last
montai and this show a balance in our
favor. The sugar crop is large, and
we are exporting more than we import.
Ail the opposition comes from the anti
American party. Now that the Holland
er law is better understood, it is ac
cepted by all except the fédérais, who
have never before paid a land tax.
"To use an odd expression, with the
advent of the Americans the people
here expected the millenium and they
got a hurricane. I am told that the Por
to Ricans for years have been chronic
ally pessimistic. They are always
grumbling. A gentleman now here who
visited the island twenty years ago tells
me that, according to reports, the Isl
and was then on the verge of ruin.
Later, ten years ago, everything was
going to the dogs. Pessimism seems
epidemic here.
"The fédérais are only hurting them
selves in creating this opposition. The
fédérais consider themselves a sort of
aristocracy. The government is spend
ing thousands of dollars for schools, but
the fédérais dislike to see all these
school houses springing up. To them it
means that the emmon people will be
educated, perhaps to take their places.
This party, It is true, is made up of the
wealthiest element of the Island. They
are in a position where they need not
to worry about the education of their
own children, but they are galled to see
education placed in the way of the com
mon people. Conditions in Louisiana,
my former state, shortly after the war,
were quite similar."
Speaking of the present prosperous
conditions, Mr. Hunt said that during
the last month several alcaldes from
interior towns had called and admitted
that times are better. A commission
from Trujillo Alto, (the town which a
year ago, sent two hundred half naked
men and women to San Juan to petition
for work), called here last week. At
first they spoke of hard times, but after
a few minutes' conversation they were
forced to admit that conditions are
much improved. Even federal alcaldes,
It is said, when pressed, admit, though
reluctantly, that this is true. Pessimists
are fast turning optimists, says Judge
Hunt. He has been in the country and
talked with road foremen, who tell him
that the laboring class Is much improv
ed, physically, and is working much bet
ter than a year ago.
TOMORROW'S SERVICES IN
. THE CHURCHES.
South Presbyterian church, corner
First and Utah avenue, Rev. Frederick
Tonge, pastor. 11 a. m., sermon, "The
Greatest Word Ever Uttered;" Sunday
school at 12:15; Christian Endeavor at
7 p. m., subject, "Practice Christianity;"
preaching at 8 p. m., subject, "Story of
Cain;" mid-week service next Thurs
day at 7:30, subject, "His Lifted Hands."
Luke xxiv, 50-53.
A new literary society.—The South
Butte Presbyterian church has made a
new departure in their effort to benefit
all mankind. On Thursday evening
last It was decided to organize a liter
ary society for the benefit of South
Side residents. It is to be called the
South Butte Presbyterian Mutual Im
provement society. It will meet every
Thursday evening at the church or at
the homes of the members. It is to be
open to all persons above the age of
16. The object is to promote morality,
sociability, education and friendliness.
A splendid corps of officers has been
chosen and at least fifty have already
signified their intention to uril(e as
members. Mr. George Lewis MaeClel
land was nominated president. It is to
be of a non-denominational character
and to help on our brothers.
Immanuel Presbyterian church, corner
S. Gaylord and Galena streets. Ser
vices Sunday, May 12th.—Morning ser
mon, 11 a. m,; subject, "The Imperish
able Fountain;" evening sermon, 8 p. m.;
subject, "The Battle In the Smoke;"
Sunday school, 2 p. m.; Junior Christian
Endeavor, 3 p. m,, Supt. Wm. D. Mun
roe: Y. P. S. E., 7 p. m., leader Wm. M
C. Davis; Wednesday evening, 7:30, mid
week gospel service; Thursday 2 p. m.,
Ladies' Aid will meet at home of Mrs.
Koom. Jefferson street.
Mountain View Methodist Episcopal
church, J. L. Albritton, pastor. Preach
ing 11 o'clock a. m.; at 8 o'clock the
twelfth anniversary of the Epworth
League will be celebrated; class meet
ing 10 o'clock; Sunday school, 12:30: C. P.
Hargraves, superintendent; Epworth
League devotional meting, 7 o'clock;
Junior League, 3:30; morning service,
"The Wisdom That Makes Men Better."
Grace Methodist Episcopal church,
corner of Arizona and Second streets,
James W. Tait, pastor, 935 Arizona
subject, "Fellowship;" evening service
at 8 p. m., subject, "Partnership;" Sun
day school at 2:30; ' Logan McDonald,
superintendent; Epworth League meet
ing at 7 p. m., Mrs. W. B. Mitchell,
leader: prayer meeting Wednesday
evening at 8 o'clock.
Second Church of Christ. Scientist,
22 West Quartz. First reader, Mrs.
Charlotte Grimes: morning service, 11
a. m., subject, "Mortals and Immor
tals;" Sunday school, 12 m.; Testimon
Why the Miners Should Accept That Offer to
Buy $50,000 of Amalgamated Stock.
XXXXXXXXXXXXXXXXXXXXXXXXXXXxXXXXXXXXXXXXXXXXXX*\s.XXXXXXXXXXXXXXXXXXXX
x %
X The following statement coneernjng the proposed purchase of *$50,000 worth of Amalgamated stock by the X
X Miners Union, was made by Joha D. Ryan, vice president of the Daly Bank and Trust Company, this after- X
X noon. I w
£ ----J ^
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXNSXXXXXXXXXXXXXXXXXXXX
The offer recently made by this Bank to furnish the Miners' Union with 500 shares of the
stock of the Amalgamated Copper Company at $100.00 per share, has been a topic of general
discussion for some days past, and, while it is for the Union itself to decide as to whether the in
vestment is a desirable one; and further, while it is not a matter in which this Bank has any
pecuniary interest, I feel it is due to the Bank, and to the members of the Union that the many
misrepresentations that have been circulated concerning the matter shall be answered by a plain
statement of the facts in the case, so that no reason for any misunderstanding shall exist here
after.
About two months ago Mr. Chas. O'Brien, Chairman of the Board of Trustees of your Union,
called at this Bank and asked me whether we could not accept some of the money of the Union at
a rate of interest that would enable the organization to derive some revenue from funds then
lying idle. I talked the matter over very fully with Mr. O'Brien, and told him that while we pay
no interest on deposits we would be glad to give the Union any assistance in our power in placing
the money, so as to secure s,ome revenue With it, as a great many individual members of the Miners'
Union v> ere depositors and customers of this Bank, and we felt under obligations to them to help
the Union in any way we could. We talked of Government Bonds and other kinds of invest
ment securities, none of which seemed desirable on account of the low rate of interest that could
be realized from them. Finally, I asked Mr. O'Brien if he would hold the matter open for a
couple of weeks, when I hoped to offer something that vould be safe and desirable.
When making this request I had in mind the history of the investment of the Aid Fund of
the employes of the Calumet & Hecla Mining Company in Michigan. Nearly twenty years ago
there was started among Calumet & Hecla employes what is called an Aid Fund. After some sur
plus had been accumulated, the officials of the Calumet & Hecla Company advised the Trustees of
the Fund to invest it in Calumet & Hecla stock, agreeing to guarantee the investment for one year.
The money was so invested and the increase in the value of the stock, and in the rate of dividend
on it, was sufficient so that after some years the contribution of tte employes was stopped, the rev
enue from the investment being sufficient with the share contributed by the Company, to main
tain the fund and increase it. At the present time, after about fifteen years, the value of that fund
is about $250,000, the original amount being about the same we proposed to the Miners' Union to
put into Amalgamated stock.
It was the great success of the Calumet & Hecla Aid Fund investment that suggested to me a
similar one for your Union, and upon submitting my ideas to Mr. William Scallon, he heartily ap
proved the plan outlined, and in turn laid the matter before Mr. H. H. Rogers, Acting President
of the Amalgamated Company.
Mr. Rogers was asked only whether he approved of the idea, and if the stock was bought for
the Union at the market price—then about 110—whether he would be willing to have this Bank
secured in a guarantee to the Union that it would pay at the end of a year whatever the stock had
cost if it was desired to withdraw the investment at that time. Mr. Rogers replied at once that
he approved of the idea fully, that he would agree to furnish the Union with 500 shares of the
stock at $100 per share, out of his own holdings and those of his associates, and that he would
secure this Bank in making the guarantee that the stock would bç taken back at any time after
one year at the price paid for it, any increase in the value of the stock and all dividends paid in
the meantime to go to the Union. r "
This made an 8 per cent, investment with the Union guaranteed against loss for one year by
the strength and credit of the Daly Bank & Trust Co., and in my opinion was the most generous
kind of an offer made in a spirit of good will to the Miners' Union on the part of Mr. Rogers and
the Amalgamated Company.
Further, this Bank offered to loan any sum up to 80 per cent, of the total amount paid for
the stock at any time within the year that the Union might have need for money—that is, $10,000
out of the $50,000 could be had from this Bank at any time the Trustees desired to borrow it at 8
per cent, interest, with the stock for security.
There has been a great deal of discussion over this offer in the newspapers and out of them,
but no one has yet been able to show any reason why the investment would not be a good one for
the Union. Interested parties have fought against its acceptance for the simple reason that they
know it would bring the Miners' Union and the companies employing 90 per cent, of its members
close to one another. It is not reasonable to suppose the members of the Union desire anything
but good will and friendship between the Union and the largest employers of labor in the West.
If these interested parties have the good of the Miners' Union at heart, let them offer $50,030 worth
of some other stock to the Union at a price that will bring 8 per cent, on the investment, and with
the guarantee of as solid an institution as the Daly Bank back of it, and I will advise the Union
to put $50,000 more into that stock.
One of the interested parties says in the newspapers that the Union "Passed a resolution to
loan the old Bank of Daly, Donahoe & Moyer $50,000 to buy Amalgamated stock with"; this
gentleman knows he states what is not true, and your trustees and officers know that the stock
will be bought by the Union and the certificate representing it will be held by your trustees, and
all we ask is the word of the Miners' Union that it will not be sold for one year.
The reason for asking your promise that the stock will not be sold on the market for a year is
very plain, simply that it will be sufficient time to satisfy the Union of the benefits to be derived
from the investment, and our guarantee holds you entirely secure during that time.
There should be no question as to the action of your Union in this matter if it is viewed from
the standpoint of an investment, and it cannot help but be a closer tie between your employers
and yourselves, which, of course, is most desirabe. There is no better way of maintaining good
will between employer and employe than by making each a sharer in the profits of the other.
ial meeting, Wednesday evening 8 p. m.;
reading room open daily from 11 a. m.
to 4 p. m.; all are welcome.
"First Church of Christ, Scientists,"
850 West Broadway, corner Excelsior
avenue. First reader, Mrs. Anna C. E.
Crowley; Sunday, May 12, 1901, subject,
"Mortals and Immortals;" services
10:45 a. m. and 8 p. m.; Sunday school,
12:15 p. m.; Wednesday evening exper
ience meeting at 8 o'clock; reading
rooms open from 11 a. m. to 5 p. m. ex
cept Sunday.
M.' E. church, south corner Idaho and
Galena streets. Rev. S. H. C. Bürgin,
pastor. Morning services, 11 a. m.;
evening service, 8 p. m.; Sunday school,
9:30 a. m.; class meeting, 12:30; prayer
meetings, each Wednesday, 8 p. m.;
Epworth League meeting at 7 p. in,
every Sunday.
Mountain View Mission, corner Mer
cury street and Garden avenue. Sun
day school, every Sunday afternoon at
3:15 o'clock; prayer meeting every
Thursday evening at 8 o'clock.
The Hotel and Boarding House ease
elation ùeet every Wednesday evening
at 243 East Park street, at l:M. J. P.
Tobin, secretary and treasurer, Clarence
hotel. *
HER HUSBAND HAD TWO NAMES
Therefore Mrs. Agnes Palliser Asked
For and Was Granted a Divorce
From Him.
Mrs. Agnes Amelia Palliser was grant
ed a divorce from Charles Palliser in
Judge Clancy's court today, and while
the testimony showed nothing much ex
cept that the parties were married in
Butte In 1892 and that Palliser thou
called himself Charles K. Brown, thera
is an interesting story back of the
affair.
Mrs. Palliser is the daughter of Oscar
Stenberg, the well known Butte painter.
In the early '90's a man calling himself
Charles K. Brown, and also a painter,
struck the town, and during the first
season prospered beyond his expecta
tions, painting everything in sight and
getting his pay for it. To his true name
he added a fresh coat every day, and
soon had It burled deep beneath the rad
that at times he found difficulty in con
vincing himself that his name was not
Charles K. Brown. Under that cogno
men he mude ardent love to the daugh
ter of thé old-time painter, and in 1892
the young lady concluded to change her
name to Brown.
After a short residence in Butte the
j
'
Browns concluded to visit his parents in
.Mnbile, Ala. When they arrived in
Mobile, Mrs. Charles K. Brown discov
ered for the first time that her name was
Mrs. Charles Palliser. Being known its
Mrs. Charles K. Brown in file place and
Mrs. Charles Palliser in another was
/luite embarrassing to her, out she
j braved tne ordeal as best she could.
l.ater the man and wife took up their
residence in New Orleans, where they
n malned until 1898, when the wife claims
Charles Palliser, alias Charles K. Brown,
olrserted her and their 4-year-old child.
' So far as known, Palliser never ex
plained to his wife why he side-tracked
the name Palliser.
A MILITARY BALL.
Next Wednesday evening at Columbia
(Gardens a military ball will be given by
Silver Bow Co., No. 2, Uniform Rank,
Knights of Pythias, assisted by the
Meagher Guards and Modern Woodmen
of America. The Uniform Rank has al
ways been noted for the hospitable man
ner in which they entertain. The Forest
ers team, M. W. of A., is preparing to go
to St. Paul to compete for a national
trophy. The contest will take place in
June. The cafe will be a feature of the
evening, and a goat time is promised.
At Hervnessy's
Begins on Monday,
Hay 13, 1901. •
A Big Lot of Men's Furnishing Goods, good styles, new and seasonable
every one of them. Bought very low, will be sold at prices you'll know are
away below intrinsic values. Now's the time to load up and supply all needs In
these lines, for your money will never have greater purchasing power, flake
your investments early in the week. Theie's big profit to you In the deal.
Bargains
••••In....
Men's Underwear, Hosiery,
Shirts, Gloves, Handker*
chiefs and Neckwear.
The front windows of Hen
nessy's store are filled with
these bargains. There are lots
of them and all good. See for
yourself. Be the judge. At
tend this Big Sale.
It's Up
To You
Time is Precious
2
■
I V
Mail
Orders to
ïmiedéh
Hutte,
Montana
Report of the Condition of
The Silver Bow National Bank
At Butte, in the State of Montana, at the
close of business, April 24, 1901.
RESOURCES.
Loans and discounts............$ 218,914 88
Overdrafts, secured and unse
cured ..........................
U - S. tonds to secure circulation
Premiums on U S Bonds......
Stocks, securities, etc...........
B; nlting house, furniture and fix
tures
34,367 57
25.000 00
2.550 00
13,983 49
Due from national
banks (not reserve
4,828 00
agents )............
Due from state bunks
•1 541 73
and bankers.....
Due from approved
1,833 13
reserve agents ....
Internal revenue
128,756 18
slumps............
Checks and other
100 .06
cash items ........
Notes of other na
8,433 56
tional banks......
fractional paper
currency, nickels
7,2C9 00
and cents ........
Lawful money re
serve in bank, viz—
451 (JO
Specie...............
72,365 05
Legal tender notes..
21,260 00
Redemption fund with U. 8.
Treasurer (5 per cent of circu
lation) .........................
1245,009 69
1,250 00
Total.........._ L .. ....... ......t 545,904 29
LIABILITIES.
Capital stock paid in......... %
Surplus fund.
Unulvided pioUts.less expenses
and taxes paid.............
National Bank notes outstand
ing.........................
Tue to other National Banks
Individual deposits subject to
check..........................
Demand certificates of deposit
100.000 00
4,000 00
25,431 49
11,450 00
3,916 27
823 517 03
77.599 51
Total..........................• 545,904 29
State or Montana, 1
County of Silver Bow. I **'
I, Fayette Harrington, cashier of the
above named bank, do solemnly swear
that the above statement Is true to the
best of my knowledge and belief.
FAYETTE HARRINGTON,
Cashier
Subscribed and sworn io before me this
tlth day of May, 1901.
[SEAL] F. A. GILBERT,
Notary Publie.
Correct—Attests
S. MARCHESSFAU,
C. W. NEWTON,
W. C. LEWIS,
C. A. Tuttle Thos. Sullivan
■ I NATIONAL q
Undertakers
1U-III t Broadway. Tel. 243
FUNERAL DIRECTORS
aai EMBALMERS....
Appendicitis Attacks Boni.
(By Associated Press.)
Paris, May 11.—Count Boni de Castel
lane has been suffering from intestinal
troulile for the past week. He has been
ordered to take complete rest and hi3
s,ocial engagements have been postponed!
His case is now diagnosed as the com
mencement of appendicitis, but he 13
not thought to be in danger.
Watch and Jewelry Sale
Small stock of GOOD WATCHES
and gold jewelry bought from a
retiring jeweler, on sale AT EX
ACTLY HALF PRICE.
Rubenstein & Co., 73 E. Park
Mark F. Jones, Pres.
F. N. Gilbert, Treas.
PIANOS
Another car of high-grade
Pianos have arrived, and
we want to see you. More
value for your money than
elsewhere.
EASY TERMS
Twenty different makes
to select from.
At the Plano Parlor
Gilbert, Jones & Co.
209 N. Main St.
With rtontana Book Co.
Next to Connell's
hese tiny Capsules are superior
to Balsam of Copaiba,^ ^
Cubebs or Injections and^jn«.
CURE IN 48 HOURS^Ul
the same diseases with
out inconvenience.
_ Sol d by ti/t^ /Ir»
PARKETTS
„ HAIR BALS MM
Clean n o and bran iif.es the hair.
Promote* a luxuriant jtrowth.
Never Fsill to Beatore Gray
Hair to its Youthful Colt r.
Prevent« Dandruff ami hair tuUnal
INJECTION.
A PERMANENT CURE
of the mort obatlnate cw of QononWa i
and Gleet, guaranteed in from 1 lo 8
days ; n« other treatment required.
Sold by all dntgglst*.