Newspaper Page Text
- WHERE ARE THE BONDS? et
- Millions of Deliars in the United
/ States Treasury Awaiting Claim
o ANES
In spite of the supposed tightness
of money and lack of cash through
out the country, there are millions of
«dollars waiting in the Tredsury vaults
for claimants, writes the Washington
correspondent of the New York
Tribune. These claimants have mere
ly to appear in person or send the
proper documents to receive the
nmoney. |
According to the last monthiy re
port cf the Division of Loans of the
~ Treasury there was no less than $3,-
322,950 awaiting the pleasure of
holders of bonds which matured on
the first of last July. These bonds
ceased to bear interest at that time,
and there is nothing to be gained by
the holders clinging to them. The
total issue called in hy the Secretary
of the Treasury under a circular,
dated April 2, was $36,121,450. The
bonds are known in the department
as the “1907 45,” and are held by‘
owners all over the world. It is sup- |
Jposed that the great majority of them
‘will come in for redemption some
time, but it may be generations be
‘fore the big pile of $5,000,000 is re
duced below the SIOO,OOO mark.
Some of the bonds will never come in,
for they will be lost or destroyed,
and the rightful owners, either
through ignorance or other causes,
will not set on foot the proper meas
ures to recover their money. Half a
hundred years from now there may
be $150,000 or $200,000 still unac
counted for, and the venerable eclerks
in the department will stroke their
snowy mustaches as they speculate
over the mystery of the lost bonds.
Of the funded loan of 1891, due for
redemption in 1900, there is $22,000
still unpaid and unaccounted for, and
of the five per cent. bonds called :n
by the Treasury in Feburary, 1904,!
$96,800 has not yet appeared.
“It is safe to say that the greater
proportion of the bonds will show up
in time, but you and I will he gone
before the account is settled,” said
€. N. McGroarty, chief of the loan di
vision. ‘“Not nearly as many of these
bonds will be lost as vou might sup
pose. As a rule the owners are per
sons of means who purchase them for
invesiment, and even after the inter
est on them ceases continue to hold
them for various reasons. Perhaps
they are not in need of money at
present and will wait until they run
across a good investment before they
convert the bonds into cash. Per
haps, again, they have been in the
habit of collecting the interest on the
bonds at long intervals, once in six
months or a year, and have not yet
gone over the papers in their safety
deposit boxes, and do not really know
that the bonds have ceased to draw
interest. When they finally wake up
Evg;o the fact that these bonds have quit
;.'g&'ringing in a steady income, they will
" write to the Treasury asking why the
interest has stopped. The Secretary
will inform them of the facis in the
case, will quote the April circular,
and in due time will receive the bonds
for redemption. Another very fre
quent cause of the temporary disap
pearance of bonds is brought about
by the death of the owners and their
estates going into the hands of ex
ecutors. Until the courts order the
executors to wind up the affairs of
the decedents the bonds they are
holding must remain in their custody.
Of course, at rare intervals, we hear
of the loss of bonds by accident. A
mail train may be smashed up and
the envelopes carrying them from
person to person may be lost in the
debris. A steamer bearing the owner
may go down and the bonds be lost
with his belongings or his person.
Thieves may steal them, with other
valuables, and - throw them away
when they find they cannot convert
them into ready cash without run
ning the risk of detection. In such
instances as these the original owners
or their legal heirs may always re
cover the face value of the lost bonds
and whatever interest is (ue them
by making proper applic:tion and
oath to the Treasury Department, ac
companied by an indemnity bond of
twice the amount involved.
“Once in a while we run across
some grewsome relics in the bonds
sent in for redemption. A few months
ago we received a package of bonds
from the West that had been fished
from a river with the remains of
their dead owner. The owner's body |
had been in the water for months and
was scarcely recognizable and the}
‘bonds were scarcely more than a
mass of horrible smelling pulp. They
had to be examined, however, and
passed upon, but before they could be
handled they were sent to one of the
chemists in the department, who
fumigated and disinfected them thor
oughly, Even after the heirs of the
dead man had received their money
the bonds had to be kept in the vaults
of the division—as all bonds called in
are carefully preserved for future
reference~—zo this particular package
was sealed in an airtight jacket and
put away with the rest. Once in a
.while we get a number of bonds that
have been taken from the clothing‘ of
a yellow fever or typhus patient, and
we have to do more fumigating and
diginfecting before the clerks are al
lowed to handle them.
*All bonds seat in for eollection are
recorded very carvefully, and fifty
years hence you might come here and
find out through whose hands they
passed from the time they were ig
sued until they were returned for
conversion into cash. In lawsnits
over the division of estates the de
(partment is frequently called upon
to give the history of a bond. The
;court may wish to know just who had
{lt at such and such a time in order to
'defermine the rights of certain heirs.
The records are here and may always
be obtained.
“At rare intervals the department
is in receipt of the remains of bonds
that have been chewed up by rats or
chopped into bits by machinery. If
they are unrecognizable their owners
must give the Secretary a bond be
fore they recover, just as they wonld
have to_do were the bonds lost alto
gether.”
The Tribune printed on July 30
the fact that there is an old account
of $931,415.25 which is held to the
credit of claimants who may never
anpear with the bonds that were
called in years ago. Add to this tidy
sum the five and one-third odd mil
lions of the 1907 fours and you have
a little nest egs that even hungry
Wall Strect would not despise. The
non-appearance of the owners of this
amount ought to serve as an argu
ment for the good times advocate. It
is impossible to believe that many of
the bonds were lost, and the only ex.
planation is that the owners are in
no hurry to collect the money that
they may have for the asking.
UNI‘;,EASANT FIGURES.
The American Soldier Not the Healthy
Man He Should De.
It is difficult to compare heaith
conditions in the United States army
with those in other armies, the prin
cipal reason being that in the United
States ihe hospital admissions in
clude 21l soldiers who have been ex
cused from any part of their mili
tary duties, while thig is not the case
in any other country. Moreover, re
cruiting conditions vary greatly in
different countries, the United States
and Great Britain depending upon
voluntary enlistmentg, while all other
countries have conscription. Then,
again, the strength is differently esti
mated in different countries, and
some have a low death rate because
their sick are promptly discharged
or retired and die out of service in
stead of op sick report.
Neverthelesg, certain comparisons
are both possible and interesting.
The highest admission rate, 1321, last
year, was. in the Duteh army; the
next highezt, 1179, was in the United
States army, and the lowest, 348,
in the Russian army. The highest
death rate, 5.61, was In the British
army, the next highest, 5.28, was in
the United States army, and the low
est, 1.86, in the Prussian army. The
best basis for comparison is the rec
ord of total losses, representing the
combined rates for deaths and dis
charges. According to this record,
the United States army stood fourth
after those of Belgium, Russia and
Great Britain, but far ahead of all
others. An important factor in judg
ing the relative healthfulness of ar
n.es is the average duration of each
case of sickness. Measured by this
standard 'the United States army
stood fourth after the armies of Prus
sia, Bavaria and Holland. The aver
age duration of each case in the
American army was about half that
of the average in the British army
and a little more than half the aver
age in the Russian army.
The admission rate in the United
States army was lower than in most
other armies for pneumonia, pleu
risy, scarlatina, sunstroke, erysipelas,
and cerebro-spinal menginitis, but far
higher for alcholoism, influenza,
mumps, and venereal diseases. The
United states army rate was lower
than the Russian rate for diphtheria,
erysipelas, malaria, pleurisy, pneu
monia, trachoma and variola. The
admission rate for dysentery was
lower in the British than in the
United States army, but while the
British had a death rate of 0.16 per
1000 from that disease, there was no
death from that cause in the United
States army. The admission rate for
malaria was lower, but the death rate
was higher in the British, Dutch,
Russian, Spanish anld Belgian armies
than in the United States army.
The comparative figures concerning
alcoholism—those and others used
in this article having been supplied
by the cfurgeon-general of the United
States army-—tell an ominous story
which is commended to the attention
of those misguided persons who op
pose the restoration oi the army can
teen. The figures for the United
States army are for the year 1906,
and those rclating to foreign armies
are for the latest year obtainable.
The admission rate in the United
States for the year was 30.58 per
1000 of mean strength; in the British
army, 1.09; in the French, 0.29; in
the Pru sian, 0.08; in the Bavarian,
0.06; in the Dutch, 0.24; in the Rus
sian, 0.1; in the Spanish, 0.01, and
in the Belgian, 0.15. The return of
death rates is very iueager, those for
the American army relating only to
troops within the continental boun
daries of the United States. The
death rales per 1000 of mean
strength are as follows: United
States, 0.02; British, 0.07; Rusgian,
0.001, In all, or nearly all, the
armies for which the admigsion rates
for alcoholism are given above the
troops are supplied with mait liquors
and some with spirits. In the United
States army alone 1u the soldier de
nied the privilege of purchasing beer
or light wines at his post exchange.
How this deprivation has worked to
his disadvantage and injury is best
told in the alarming figures we have
cited.—~Army and Navy Journal,
The Ohio Yearly Meeting is the
only orgamization of Friends that
does not claim membership in the
Five Years’ Meeting, it not having
accepted the discipline adopted by
twelve yearly meetings.
A New York woman has recovered
$25,000 damages from two doctors
wiho pronounced her insane,
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eseentially smart and attractive. In
this case it is made of Nattier blue
cashmere with trimming of taffeta
and chemisette of cream colored lace,
but it will be found charming for
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silk and wool materials and for al
most everything seasonable. It is
peculiarly well adapted to the entire
gown, for which voile, henrietta
cloth, wool batiste and the like are
desirable, while it also suits the odd
blouse admirably well, and utilized
in this way is admirable, both for the
plain and plaid taffetas, and also for
the thinner and lighter embroidered
nets and chiffons tonat are so much
in vogue. The little vest portion is
a feature and an attractive one, and
sleeves can be made longer or shorter
as liked. ¥
The waist is made with a fitted
lining, which is closed at the centre
front, and itself consists of fronts,
back, chemisette and vest portions.
The fronts and the backs are tucked
and the vest portions are attached to
the front edges. The collar finishes
the neck and the closing is made in
visibly at the left side., The prettily
full sleeves are finished with roll
over cuffs, and are arranged over
fitted linings, which are faced to
form the deep cuffs when long sleeves
are desired,
The quantity of material required
for the medium size is three and
three-quarter yardstwenty-one, three
and one-eighth yards twenty-seven or
one and five-eighth yards forty-four
inehes wide, with one-half yard of
all-over lace and three-quarter vard
of silk to make as illugtrated, one
vard of all-over lace if long sleeves
are used, ‘
New Style Sleeves, ‘
The sleeves of a new hodice are
trimmed at the upper edge of the
wide cuff with insertion set on diag
onally to bring a short point on the
inside of the arm. It is an attrac.
tive way of varying the straight
around cuff,
Nattier Blue Hat,
A small cloche, fitting well on the
head, is raised on one side, made of
dark Nattieg blue velvet, draped,
Rongh Matezials Preferred.
’ Rough materials in almost invisi
ble stripes and checks rival in popu
larity the smoother materials.
¢ Girl's French Dress.
The French, or long waisted, dress
is always becoming to the younger
girls, and is so pretty and graceful
that it is a very general favorite, |
This one can be made adapted to
party and dancing school wear or to
everyday use as one material or an
other is chosen and as one trimming
or another is used. As illustrated
the frock is a dressy one made with
short sleeves and the material is fine
white lawn with trimmidg of em
broidery, but in the back view it is
shown made from bright red veiling
with frills of ribbon and becomes a
very much more durable, everyday
garment. I'or the more dressy frocks
white is always charming, and the
younger children wear washable ma
terials at all seasons, but for tho_
slightly older girls cashmere or veil
ing in such colors as pale blue and
pink are much to be commended with
the trimming of ribbon and the yoke
of some pretty lingerie material or a
simple lace or embroidered net. For
everyday wear dark colored cash
meres and veilings are given prefer
ence over everything else.
The dress is made with the waist
and the skirt. The waist is full and
)is arranged over a fitted body lining,
which is faced to form the yoke and ‘
-the pretty bertha conceals the upper
edge of the full portion. Both the
long and the short sleeves are gath
ered into bands. The skirt is simply
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straight and is finished with two
ruffies, above which is a group of
tiny tucks.
The quantity of material required
for the medium si*~ (six years) Is
fegr yards twenty-seven, three and
thre@ quarter yards thirty-two or two
and one-haif yards forty-four inches
wide with nine and one-quarter yards
of ribbon for the frills, three-eighth
yard elghteen inches wide for the
yoke, one and three-quarter yards of
narrow and two yards of wide band
ing.
Combined with flowers marabout
plumes are ofteaer used than ostrich,
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Utility. L
There was a man in Henderson,
Who had a tall and slenderson;
A human rail,
¢ Who used a nail
To fasten his suspenderson. -
—Chicago Tribune,
Music Thirty-one.
Professor—“ But 1 ‘told you to
write this song in two flats.”
Freshman—" Yes, sir, I did: I
wrote half of it in our flat and half in
the Jones'.”—Harvard Lampoon.
Precaution.
“The new housemaid has sharp
ears.”
“T'hen request her to wear tabs, I
don’t want our doors all seratched
up.”'—Louisville Courier-Journal,
Dillerent.
“She says her husband is a head
worker.”’
**So he is?” ‘
“A literary man?” ;
“No, a barber.”—Houston Post.
Mere Rumor.
“Do you take this woman to be
Your wedded wife?” asked the min
ister, '
‘*No, sir,” responded the absent
minded millionaire. “I want to state
emphatically that there is no truth
in the rumor \'.'hntevcr.“—-Wusl_ling
ton Herald. 4
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“I wouldn’'t come in if I were you,
ma. I'm just trying to catch two or
three mice which got out of the trap,
and, gee, but they're lively!’—New
York Telegram.'
A Break.
“What a queer remark that man
made about the bride,” said the first
wedding guest.
“What was it?” asked the other.
“He said: ‘How natural she looks;
don’t you think so?’ ”
“lorce of habit. He's an under
taker.” — Catholic Etandard and
Times.
' A Good Wiiness,
“Now be careful, Mr. Gibbins! You
were, 1 believe, an old friend of the
prisoner. Did yon ever notice that
he behaved strangely when he was
alone?”
“Well, sir, yer see, T wern't never
wiv 'im when he was alone, sir.”’—
London Tatler.
He Saw.
“The waves ran mountains high,”
wrote the beginner.
“That expression is old,” objected
the experienced writer. “It was all
right twenty years ago, but it won't
do to-day.”
“I see. Everything is higher now.”
—Washington Herald.
A Break.
l “What a quecer remark that man
made about the bride,” said the first
wedding guest.
“What was 1t?"” asked the other,
““He said: ‘How natural she looks;
don’t you think go?'”
‘“‘l‘orce of habit. He's an undep
taker.”—Catholic Standard and
Times.
Properly Classified,
| The balloon trailed low over the
farm.’ Its dragging anchor lifted a
panel of fence, the roof of a corn
erib and nearly achieved the capture
of a cow.
‘“Must be one of them grab-bags,”
remarked the flarmer, shaking a
horny fist at the skies.-—~Philadelphia
Ledgor,
In Yellow Journalism,
Man to gee you,"”
“What does he wani?"
“Wants you to take back some
thing which was printed in yestors
day's paper.”
“Tell him it will not be necessary
for him to come in; we've already
taken bhack everything we printed
yesterday.” —Smart Set,
No Embracing Possible,
Maud-—‘Here's a Western eouple
that eloped on a handear.”
Mayme-—"How funny! But elop
ing on a handcar can’t be such awful
fun.”
Maud—" Why?"
“Because the man who makes it go
has to use both hands, doesn’t he?"”
~Cleveland Plain Dealer, kg
THE LAND OF FIRE.
Plain Living and High Thinking or .
the Icelanders. ¢
Tceland is, as William Morris said,
“the Greece of the North.” It pro
duced in the twelfth and thirteenth
centurie., a literature unparalleled:
after Rome hefore the golden age of
England and France, in character
drawing, in passionate dramatic
power, in severe, noble simplicity, in®
gri#y humor. All the characters of
the Sagas Ilive and move to-day.
Wvery hill and headland and valley
in the island is full of their presense.;
The Icelander of to-day knows them
by heart. It is as if every English
man, from pauper to king, knew:
Shakespeare's historical plays and
could retell them more or less in
his or her own words. It has kept
she national times alive through evil
times. It has preserved the language
almost untouched by time and for
eign intercourse.
Nowhere is the contrast between
man and his surroundings so glaring
as in Iceland. Buried in snow and.
darkness, deprived of every comfort,
living on rancid butter and dried
fish, drinking sour whey and milk,
dressed like his servants, secking in
a little boat his food, yet a cultured
mind, possessing an intimate knowl
edge not only of the history of his
own country, but of Greece and
Rome; a poet fond of throwing off
satires, intellectually and morally the
equal of his Huropean guest, consid
ering himself your equal and refus
ing to be ordered about by a rich
Englishman, owner of several square
miles of land and hundreds of sheep,
with a pedigree going further back
than that of his visitor, a jack of all
trades, a blacksmith in his smithy,
boat builder and carpenter, an artist
in filigree work, a carver in wood,
an eager reader in books, he has
universal education up to the degree
to which it is useful for a man. i
There are no schools in Iceland,
yet every child at twelve can read,
according to the parish statistics. In
no country in Kurope are so many
books printed and sold in proportion
to the population. A population of
only 76,000, scattered in many ham
lets, has twelve printing presses, the
carliest being established as far back
as 1530; about 100 books annually,
fourteen newspapers and cight peri
odicals are produced to satisfy the
literary needs of this little nation.
Yet this literary people still live
in a pastoral and Homeric eciviliza
tion, which is a modern lesson of the
healthfulness of the free, wild life
of nature, such as would have de
lighted the heart of Rousseau or
Thoreau. As a proof that this life
is healthy I give the example of a
clergyman who died four ¥ s ago
113 years old, having mandged to
live all his days healthy and happ:
on £3O ($150) a year, the gyerage
stipend in the Icelandic Chultfy
The sheep yield food and ¢ldf ng.
Their wool is pulled off in th¢'Spring,
carded, spun, woven in ha ooms,
and worn undyc?, You mhake shoes
'of their skin and gpeons of the
horns. Every oppoztlinity is seized
for the telling of stories and reciting
of poems. Only the milk ewes are
kept at home in the summer to be
mili,ed; the rest of the sheep are
gathered in the mountains in autumn,
notice being given at church from
the pulpit,
The antumn gatherings, with peo
ple sitting on the walls of the stone
enclosure, telling stories, are quite
Homeric. The winter evenings are
spent with each member of the fam
ily busy at work in the same room;
the men on their knees shaving the
wool off sheep skins, making ropes
and nets of hair, the women using
spindle and distaff, embroidering,
ete., afford a still better opportunity
for stories and puns.
There are even wandering mine
strels who gain their livelihood by re
citing prose or poetry, which they
know by heart, at various farmhouses
till they exhaust their stock.—From
the National Geographical Magazine.
The Teacher's Wisdom, |
The ideal teacher must be in pos
session of a wealth of accumulated
wisdom, Thes> hungry pupils are
drawing all their nourishment from
us, and have we got it to give? They
will be poor, if we are poor; rich if
we are wealthy., Every time we cut
ouselves off from nutrition we en
feeble them. And how frequently de
)voted teachers make this mistake!
dedicating themselves so to the im
‘mediate needs of those about them
that they themselves grow thinner
each year, We all know “the teach~
er's face.” It is meagre, worn, sacri
ficial, anxioug, powerless. That is
syactly the opposite of what it should
be. The teacher should be the big
bounteous being of the community.
Other people may get along tolerably
by holding whatever small knowl
edge comes their way, A moderate
stock will pretty well serve their pri
vate turn. But that is not our case.
Supplying a multitude, we need
wealth suffie!>nt for o multitude, We
should then .. elutching at knowl
edge on every side, Nothing must
escape ug, It Is a mistake to reject
a bit of truth because it lles outside
our province, Some day we shall
need it.—Professor (. H, Palmer, in
The Atlantic Monthly.
An Unwise Direction.
Jones--*"1 gay, old man—""
Brown—" Other side, old chap,
That's my bad ear, you know."”
Jones (changing sides as request
ed)~—"l say, old man, can you let
me have $lO for a few days?”
Brown—"l guess you'd better get
back on the other side again.” ~Chige
ago News, . .il
