The Newark journal.
One Dollar Per Annum.
NEWARK, INDEPENDENCE COUNTY, ARKANSAS, FRIDAY SEPTEMBER 12. 1902.
Vol. 2 No. 37.
UNCLE SAJI IS LIBERAL
Mas Over a Hundred nillion Dol
lars Loaned to Banks in
This Country.
U uclo Sum is t he greatest mon
ey-lender in the country. If it
were not for his enormous loans
through bank depositaries the
businessnieii of the United States
would find it impossible to gel
hold of enough money to carry on
their affairs.
The government has on deposit
with the various banks today the
'tiug sum of $128,000,000. This
is virtually money lent to the busi
ness interests of the country. It
is money which the government
has collected in the way of taxes,
but, having no immediate need
for it, is willing to leave it in the
hands of the people for use. As
long as the government has sur
plus and can leave funds in the
banks it will do so. Treasury
i ffici.ds, as well as business men,
are dreading the possibility that
the government revenues will soon
fall below expenditures, leading
inevitably to a contraction of the
currency.
LMinug tlie last live years there
lias been a wonderful increase in
the amount of government money
in national bank depositaries. In
1897 only sixty-live banks were
designated as such depositaries,
and the amount of money placed
with them was only $1<>,000,000.
Now there are 500 bank deposi
taries and they have an aggregate
of $128,000,000 of government
money in their possession. Those
depositaries are in every State
and territory except Alaska.
There is great rivalry among
banks throughout the country for
the privilege of handling goveru
ineut-deposits. Political influence
of all sorts is brought to bear to
secure the much-coveted ‘•desig
nation.’’
The sum which Uncle Sam now
has on deposit with the 500 desig
nated banks is the greatest in the
history of the country, excepting
that in 1879, during the refunding
operations, when Secretary Sher
man had $279,000,000 of govern
ment money in the hands of the
banks which were aiding him iu
carrying out his measures.
Although there are signs of a
“tight” money market iu New’
Vork—low reservos, big loans and
demands for currency from the
interior—the treasury department
has not as yet received any culls
for help. It stands ready to go
to the aid of the situation at any
moment, and its help cun ho ren
dered in one or all of three
ways:
1. It can increase its deposits
in national banks. The sum of
$28,000,000 is at hand for this
purpose, without encroachment
upon the $50,000,000 “available
cash” which the treasury m ist
theroretioully maintain as a work
ing balance.
2 It can buy bonds, and thus
put more money into circula
tion.
3 It cun authorize an increase
of national hank notes up to and
inclusive of the premium value of
the bonds deposited to secure cir
culation.
As there has been no occasion
for resort to any of these exped
ients, treasury officials are now
hopeful that the little flurry of
demand for crop and speculation
money may be easily weathered.
Notwithstanding the fears of
treasury officials that on account
of the repeal of the war taxes and
the heavy appropriation by con
gress they might soon be confiont
ed with a deficit, no such thing is
in sight now. Although the ex
penditures so far this year have
exceeded the receipts by nearly
$10,000,000, the outlook now is
favorable that by tiie end of the
tiscal year all this will have been
regained. The receipts from cus
toms duties during the six weeks
of the current tiscal year have ex
ceeded those of the corresponding
six weeks of last year by more
than $0,000,000. Last year they
were $33,000,000, this year $39,
000,000. This increase is alto
gether unexpected. The officials
of the treasury cannot account
tor it, nor can they do more than
guess how long it will continue.
All calculations have been upset.
The ligures showing a big deficit
for the year have been laid
aside.
Those charged with the duty of
reckoning hmv the balance sheet
will stand have given up in des
pair. Customs receipts is uot
the only thing that worries them.
They are not sure yet whether
the $10,000,0(H) Panama canal
money will have to be spent, nor
the mouey for the Danish West
indies. There is no official opin
ion whether there will be a sur
plus or deficit n®xt .June. The
loss by repeal of war taxes will
amount to $05,000,000. If the
customs receipts continue at the
present rate this will be recouped,
and instead of a deficit there may
lie another surplus.—Chicago Re
cord Herald.
Take Care of the Stomach.
The man or woman whose <1 i
gestiou is perfect and whoso stom
ach performs its every function is
never sick. Kodol cleanses, puri
ties and sweetens the stomach and
cures positively and permanently
l all stomach troubles, indigestion
'■ and dyspepsia. It is the wonder
ful reconstructive tonic that is
I making so many sick people well
| and weak people strong l*y con
veying to their bodies all of the
nourishment in the food they eat.
lfev.J.H. Holladay, of Holladay,
Miss.,wntes*‘KodoI has cured me
I consider it the best remedy I
ever used for dyspepsia and stom
ach troubles. I was given up by
physicians, Kodol saved my life.
Take it after meals. J.I.Sturdivant
For Boys to Think About.
It is easier to avoid foimiuga
bad habit than it is to break away
from a bad hubit.
It is easier to avoid heginumg
to tamper with tobacco and strong
drink than it is to free yourself
from the appetite if it be mice ac
quired.
The dollar you earn and spend
is only a dollar; the dollar you
earn and save is two dollars.
He who makes it his rule al
ways to earn his dollar before lie
spends it will never bo a beggar
or a slave to debt.
Your being a poor boy may
make it hauler for you to rise
than if you were rich, but when
well up once it will be all the eas
ier for you to hold your place.
Poverty may keep u boy down
for a time, but if he has in him
the true metal he will nse. Jay
Gould was a poverty-stricken sur
veyor. George W. Childs was a
book-seller’s errand-boy at a sal
ary of four dollars a month John
VVanaiuuker started business on a
salary of one dollar and twenty
tive cents a week. Andrew Car
negie began life on a weekly sal
ary ot three dollars. Abraham
Lincoln was a miserably pom |
farmer’s son. Andrew Johnson \
was a tailor’s apprentice boy, and
learned to read after lie was mar
ried. James A. Gartield wus it
poor widow's son, and as a bare
footed" boy drove mules on the
tow-path of an Ohio canal—Re
ligious Telescope.
ADDITIONAL LOCAL.
Sheriff-elect J. D. Morgan was
over from Rosie Monday.
Reed Butler, of Batesvilie, was
in town a short time Friday.
The Crone Mercantile Company
will begin business here in a short
time.
Ye editor and little daughter,!
Pearl, spent Sunday with relatives
at Tuckerman.
John Foot, as usual, spent Sun
day at Newark visiting relatives.—
Newport News.
E. B. Chesser returned Sunday
from a pleasant visit with home
folks at Imboden.
W. I. Long, an oppulent citizen
of Newark, was in the city Satur
day.—Newport News.
Gee. F. Crosser swung ’round
the circle out in the country and '
up by Mooretield Monday on legal
business.
Dr. J. M. Sanders, of White
River township, was in town Fri
day and called and left a couplo
of fine pears on ye editor’s desk.
Henry Pherson, of Magness,
who recently retured from Texas,
was in town Monday buying sup
plies and ordered The Journal sent
to his address.
lhe petition for license is being
circulated. The people generally
believe that one year of blind tiger
is enough, with .Jeff Davis as gov
ernor.—Newport News.
Prof. W. J. Lenehan, of Sul
phur Rock, was in town Monday
and reports everything quiet in
his town. He will teach near i
Camden this Fall and Winter.
R. C. Sturch, the well known
mill man of Christian township, I
was in town Monday and was a
pleasant caller at this office. Mr.
Sturch enjoys a good trade in the
lumber business and would like
for his friends to remember him
when they need anything in his
line.
Hon. T. H. Dearing, wrho is a
member of the county board of
equalization, was at Batesville
Monday and Tuesday attending
the annual meeting of the board.
Mrs James Nolan, came down
on the local from Newark Satur
day and will be the guest of Mrs.
G. VV. Sexton for a few days, en
route home to Helana.—Newport
News.
Mr. Tracy a brother-in-law of
Zed Griffith, came in Saturday
night and Zed and family and Mr. ;
and Mrs. Tracy left Tuesday morn-;
ing for Newark.—Dodd City En
terprise.
J. H. Murphy has recently com
pleted a substantial cottage for
Will Edwards. Mr Edwards is
now having it papered and will
have it ready to move into in a
few days.
Ed Wilson, formerly of Sulphur
Hock, is now a citizen of Newark,
having moved down a few days
ago, and occupies one of J. A.
May ban’s houses. Mr. Mayhan
has more houses for rent.
There are 049 patients in the
state insane asylum, according to
the report of Superintendent Stin
son to the ehairity board. Dur
ing August there were 141 cases
of sickness and one death. Three
patients escaped and have not been
located.
Rev. E. A. Horn, of Batesville
circuit, recently held a protracted
meeting on Departy creek in
Christian township where he had
remarkable success, continuing
the meeting only one week and
had thirty conversions, twenty-six
of whom united with the church.
R C. Jennings, the efficient
road overseer of Whitr River
township, was transacting business
in town Monday and called at The
Journal office and advanced his
subscription six months. Mr.
Jennings has been overseer for
two years and has done some ex
cellent work on the roads in his
township.
A Georgia veteran gives the fol
lowing reasons why lie resigned
from the agricultural business:
“A mule kicked me ’crost a 10
acre field, an’ when 1 landed, a
bull tossed me into a pine saplin,
an’ when I got thar, a harricane
blowed the saplin down an’ then
1 give up farmin’ ferever fer fear
a airthquake would come erlong
an’ swaller the laud.”
Out in Kansas a newspaper edi
tor wrote a nice little puff for a
milliner in which he stated that he
was glad to see her “stocking up.”
Meeting the editor on the street
she soaked him with her urn
STOPS PAIN
Athens, Tenn., Jan. XT, 1901.
Brer since tho first appearance of mr
menses they were very irregular and I
suffered with great pain in my hips,
back, stomach and legs, with terrible
bearing down pains In the abdomen.
During the past month I have been
taking Wine of Cardul and Thedtord’a
Black-Draught, and I passed the month*
ly period without pain for the first time
la years.
N'imvii Davis.
What It life worth to a woman suffer
lag like Nannie Davis suffered? Yet
there are women in thousands of homes
to-day who are bearing those terrible
menstrual pains in silence. It you are
one ot these we want to say that this
lame
WINE-CARDUI
will bring you permanent relief. Con
sole yourself with the knowledge that
1,000,000 woman nave bean completely
eared by Wine of Cardul. These wom
en suffered from loocorrhoea. Irregular
manses, headache, backache, and
bearing down paint. Wine of Cardul
will atop all these aches and pains
(or you. Purchase a 91.00 bottle of
Wine of Cardul to-day and taka it In
the privacy of your home.
WHO WOULD SUCCEED TO THE PRESIDENCY IN
THE EVENT OF ROOSEVELT’S DEATH?
The startling news of President
Roosevelt’s narrow escape from
injury and prehaps death which
was caused by an electric street
car crashing into the President's
carriage at Pittsfield, Mass., a few
days ago, has caused much com
ment throughout the nation. Se
cret Service Agent William Craig,
one of the President's trusted
guards, was instantly killed, and
other members of the party injur
ed. President Roosevelt himself
was badly shaken up, but, fortun
ately, escaped with a few slight
bruises.
The nation is now without a
vice-Prcsident, and the question,
“If President Roosevelt had been
killed, who would succeed him?”
is or.e that has been asked by
many.
In the event of the death of
President Roosevelt—there being
no vice president—he would be
succeeded by the secretary of state,
Hon. John Hay.
In an act passed by the forty
first congress it is provided that in
the event of the removal, death,
resignation or inability of both the
president and the vice president,
the secretary of state shall act as
president until the disability of the
president or vice president is re
moved, or a president is elected.
If there be no secretary of state,
then the secretary of the treasury
will act; the succession running
through the cabinet in this order:
secretary of war, attorney gene
ral, postmaster general, secretary
of the navy, secretary of the in
terior and secretary of agriculture
I —the order being the same as that
of the creation of the departments.
brellft breaking three riba (of the
umbrella), and threatened to tell
his wife. At last accounts the
editor was yet unable to tell what
was wrong with his item.
For Sale — My entire lot
of household goods, one good
gentle buggy horse, one buggy
and harness, one cow and calf. J.
A. Wilkes.
There is more Catarrh in this
section of the country than all
ether diseases put together, and
until the last few years was sup
posed to be incurable. For a
great many years doctors pro
nounced it a local disease, and
prescribed local medicines, and
by constantly failing to cure with
local treatment, pronounced it in
i urable. Science Ins proven ca
t aril to he a constitutional disease,
and therefore requires constituti
onal treatment. Hall’s Cutarih
Cure, manufactured by F. J.
Ciieuey & Co., Toledo, Ohio., is
the only constitutional cure on
the market. It is taken internal
ly in doses from 1C drops to a
teaspoonful. It acts duectly on
the blood and mucous surfaces of
the system. They offer one hund
red dollars for any case it fails to
cure. Send for circulars and test
imonials. Address, F.Cheney
& Co., Toledo, O. Sold by Drug
gists, 7ac. Hall's Family Pills
are the best.
A Country of Gate*.
A curious feature to travelers in
the high roads of Norway is the great
Dumber of gates—-upwards of lu.OUO
in the w hole country—which have to
be opened. These gates, which either
mark the boundaries of the farms or
separate the home fields from the
waste lands, constitute a consider
able inconvenience and delay to the
traveler, who ha® to stop hia vehicle
»nd get dow u to open them.
Why th* Kaiser I* Uncrowned.
Probably few people out of Eng
land regard with more interest the
proceedings in regard to the king’s
coronation than his imperial nephew
at Berlin, and all the more so that, as
emperor, he is still uncrowned, as
were hi* father and grandfather be
fore him. The reason why is some
thing of & mystery, but the explana
tion most generally accepted is that
the original imperial crown of the
German emperor is in the hands of
Austria, and that she shows no dis
position to allow it to leave Vienna.
A Remarkable Record.
The record for rapid slaughtering
has been made by an Indianapoli*
packing house by turning 3,298 hog*
into canned meat within live hour*.
A THOUGHTFUL CABMAN.
Returned Part of Faro to Paesenger
Who Had Miaaod Her Train.
Some doubt being prevalent in New
York as to whether cabmen have or- j
dinary human feeling towards patrons
who are forced b) pride or necessity,1
now and then to call upon their serv
ices, this incident i.- thought worthy
of record: Last summer a young
woman, wearing deep mourning,
beckoned a down-town cabman to
take her to the Long Branch boat. It
was arranged that he would do it for
50 cents. They arrived at the wharf
just after the gang-plank had been
pulled in. She may have pushed her
veil up with the hand which carried
her handkerchief; any wav, she made
some sign, this girl in the dress of
grief, which seemed to betoken addi
tional trouble. She handed a dollar
bill to the driver, and turned away. |
He called to her: ‘‘You’ve got some
change coming, miss.” and passed
down some silver. Presently, when.!
she looked at it, she found that he
had returned to her three silver quar
ters.—N. Y. Post.
The Royal Family’s Stamps.
None of the members of the king’*
family use stamps on their letters.
The substitute is a circular impres
sion, bearing the monogram “E. R.”
with a little “VII.” in the lower curve
of the “E.” The Rionogram is sur
mounted by the royal crown. The
impression is in purple ink, and the
royal notepaper is still in mourning.
FOREIGN IMMIGRANTS
Ninety Thousand Foreigners Came
to America During the
Month of June.
During the month of June 90,
000 foreigners came to this coun
try and are to learn the lesson of
republican government by unlearn
iug the political bias inherited
through thousand of years of sub
mission to kingly authority. A
million per year of Hiieu political
pupils would seem to be enough
to tax our ability to assimilate in
congruous political elements. But
this is not all, we are now a world
power out for a career of con
quest. Already we have in the
meshes of our grab net about ten
millions of people, sitni-barbar
ians and of divers races, which
we must make room for in our
body politic. These conditions
call for gieal armies and nuvies,
which must be maintained by the
industrious tax-payers of the
country. Great standing armies
are u menace to liberty, and have
c..used the downfall of every de
funct republic of which we have
a history. The arts of peace in
this country are to be made sub
servient to the bloody art of war,
und at the present rate of pro
gress it will not be many years
until military garrisons will awe
the people into submission, and
all because the people refused to
see ttie danger until it was too
late to avert it. Foreign immi
grants usually make excellent cit
izens. They are industrious and
thrifty, and piomptly pay their
taxes and their debts (if they con
tract any). But we cannot ex
pect that they will suddenly
change their ideas lf government
upon touching nui soil, and arc
certain to be an important factor
in the political changes that are
now in progress in this country.
No other nation in modern times
Inis had a similar problem to
solve—how to assimilate a pow
erful foreign influx. In stead of
the conquest of fur away islands^
that cost our tux payers far more
than they are worth, had wo not
better improve our manner of
governing the people wo already
have?
Kimball organs are acknowledg
ed to be the best on the market.
You can buy one by paying a
small amount down and $5 per
Lgonth, or one-third down and
balance in six mouths. See O. F.
Craig, agent.
The Journal one year, $1.
Postmaster
Palmer
of So. Glen Falls, N. Y., des
cribes a condition which thous
ands of men
and women
find identical
with theirs.
Read what he
says, and note
the similarity
of your own
case. Write to
him, enclosing
stamped ad
dressed envel
L. D. Palmer. °P« for reP 1X.
and get a per
sonal corroboration of what is
here given. He says regarding
Dr. Miles*
Heart Cure:
“I suffered agoniring pain in the left
breast and between my shoulders from
heart trouble. My heart would palpi
tate, flutter, then skip beats, unt*f I
could no longer lie in bed. Night after
night I walked the floor, for to Uedown
would have meant sudden death. My
condition seemed almost hopeless when
I began taking Dr. Miles' Heart Cure,
but it helped me from the first Later
1 took Dr. Miles' Nervine with the
Heart Cure and tha effect was aston
ishing. 1 earnestly implore similar suf
ferer* to give these remedies a trial."
Sold by all DruggLsta
on guarantee.
Dr. Miles Modioai Co., Elkhart, tnd.