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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Jul 28, 1893
Page
7
Disheartening crop reports flow from Iowa and Illinois as extreme heat haunts fields for ten days. South Dakota may fare best among them, while a general foreign war could force the nation to pivot and regain command of finances and commerce.
Philanthropic and wealthy Denver has established soup houses for the 15,000 people made destitute by the closing of the silver mines. Gov. Waite is still at large, however, with no bridle on his demagovic tongur.
The New York Press compares twenty nine national banks on July 12 and June 25, 1892, noting combined losses on loans and discounts of 72,563,002.87 dollars, deposits losses of 152,418,731.87 dollars, and surplus changes.
The U S government sets a standard for public deposits by requiring a deposit of government bonds equal to the probable deposits from all banks it designates as government depositarios.
The Argus Leader reports uncertainty over whether Joseph Prendenfeld or his bondsmen have satisfied the funds tied to the Plankinton bank. Prendenfeld says he has or will provide the amount, though no bondsman has been heard from yet.
The western region holds goods the world needs and should share with confidence. The author argues unity and level-headed thinking will improve trade standing and returns in global markets.
The speaker asks whether any community treats high license laws more fairly than prohibitory laws. He argues that broader contempt for all law shows public sentiment views liquor traffic as legitimate and beyond restriction.
In a spirited exchange between partisan papers, the Sioux City Tribune blasts the Republican, noting his illness yet his ability to draw fees and live on Democratic rations. The Democratic paper is accused of giving South Dakota Democrats political pointers, a clash deemed unanswerable.
The piece argues Harrison faces criticism for his views on current business instability. Critics fail to dispute his conclusions, instead challenging the reasoning. It likens the situation to a reversed junior analogy and notes Republicans and their papers assign responsibility, while urging unity to improve affairs regardless of party credit.
A fragment questions Democratic and Populist criticism last fall regarding Republican blame for Homestead policies and cholera fears. It challenges perceived alarmist rhetoric and warns that an administration change involves deeper stakes beyond office redistribution amid a unlikely coalition of elements and dishonest arguments.
各 newspapers offered varied space and tone on the South Dakota dedication with Buffalo Bill and the Indians, St Paul, Minneapolis, and Chicago outlets distributing lengthy reports while most offered mixed praise or critique, the Minneapolis Journal devoting a full page with illustrations to the exhibits.
The August Forum presents insider accounts from newspaper owners writers and readers. J W Keller president of the New York Press Club describes life and work in journalism while C R Miller editor of the New York Times critiques press criticism and its effects. John Gilmer Speed analyzes rising gossip versus real news in New York papers and questions whether journalism truly conveys the news.
Sioux Falls coverage urges Minnehaha county to assemble a strong grain and vegetable display for Mitchell's Corn Belt Exposition. W.S. Welliver and A. P. Zwemer lead collection efforts with local counties encouraged to contribute samples. Railroads may run special trips. farmers urged to submit crops for forwarding to Welliver.
Prof. Haynes of Mitchell University spoke on physiology at the Congregational church with strong views on the World’s Fair. Local items report visits, births, and community remarks from Mt. Vernon to Brookings, plus Colorado laborers seeking harvest work carried by Milwaukee Road cars. some tramps were excluded.
Hart and Hatten of the defunct Farmers and Merchants Bank of Plankinton were arrested Monday afternoon and examined on the charge of receiving deposits after knowledge of insolvency. Joseph Freudenfeld swore out the complaint, with talk of further arrests on multiple charges until bail is exhausted. Public belief centers on hidden plunder and restoration of losses to innocent depositors.
James Spears started a bottling works producing temperance drinks syrups and extracts. He employed T W Pemberton of New York to supervise the new branch. The plant sits in the north end with cold storage and ice houses, already serving external trade and planning expansion as demand grows.
Mil Word reports the suspension of the Wisconsin Marine and Pre Insurance Co bank of Milwaukee. The bank handled Chicago Milwaukee and St Paul railway pay checks, which were redeemed by a Chicago bank and cashed locally with no inconvenience. Aberdeen News notes Elk Point’s A O Ringsrud as a senate candidate, though he denies it. the aspiring successor to Mr Pettigrew will need strong campaigning.
Rain fell mainly westward toward Kimball with a light shower reaching Letcher. Mitchell, Chamberlain, and Plankinton saw no rainfall. conditions remained overcast into the night as clouds lingered and moisture persisted past midnight.
Digging crew fired a dynamite charge into a deep artesian well but the fuse exploded prematurely at about 400 feet. After three attempts this afternoon, work was halted and the bottom obstruction remains unclear. The blast is believed to have ruined the well.
Commandant Rice and Adjutant Smith deny reports that five Colum bian guards died in the cold storage fire at Worrp s Fair Grounds. They say every guard on duty escaped, confusion arose from transfer orders, and missing men later appeared at roll call. The finding of sword parts misled some, but owners were found alive.
A Pittsburg meeting of Union Veteran Legion members adopted resolutions denouncing Hoke Smith and the pension bureau. They condemn the suspension of several hundred pensioners in the district and demand restoration of their former status pending a full government investigation. The report also notes Spreckels praised with a send-off on the Australia in Honolulu and a crowd at the wharf, plus thousands fed by missions in Denver as unemployment rises among miners.
A Herald dispatch from San Jose Guatemala reports direct telegraph communication opened Tuesday connecting Guatemala with the United States via the Central and South American line. The development enhances international news transmission and trade signals. The report emphasizes the milestone for cross continental communications and the temporary service routes involved.
The opening was officially held on July 19 while the business opening was postponed. The government paid the cable company 150000 on the day of the official opening.
The First National Bank of Grundy Center Iowa told Comptroller Eckels it expects to resume business August 1 under new management. The Farmers National Bank of Findlay Ohio which failed Tuesday expects to resume Monday.
Carlisle contracted a cold after a few hours at the treasury department and returned home. The illness settled in his right shoulder causing pain and stiffness with incipient rheumatism.
President Walter Groves of the Lake Seamen’s union orders the Chicago branch 2,500 sailors to not work for less than $2 a day. The move aims to thwart an owner’s plan to hire sailors at $1.50 daily. Only sailing vessels are affected.
MINNEAPOLIS July 27 The Bank of New England reports assets of 271613.36 and liabilities of 111751.88 suggesting possible reorganization by Sept 1 without loss to depositors or stockholders. Other briefs note a fatal hay bale accident near Backs of Both, Wis and a coroner’s exoneration in Thompson Wis. Jockey Thomas Flynn, 22, died after a fall at Brighton Beach, Conny Island July 26.
Uncle Sam Does the Banking reports that Grand Forks merchants adopt money orders to pay St. Paul bills, in response to orders about out-of-town checks, increasing local money order business.
The Madison Times, daily Democratic organ in Madison, Wisconsin, established a year ago by the state administration, has suspended publication as of July 26.
Hon. Christopher S. Patterson supreme court judge died suddenly of heart failure at age seventy after five years on the supreme bench in Ottawa.
A Grand August Clubbing Offer provides a free year’s subscription to the Northwestern Agriculturist with a paid year of The Capital between August 1 and 30, 1803, in Minneapolis. Sample copies available by mail order or office visit, with August issue featuring farm exhibits at the World’s Fair and various Northwest agricultural topics, including stories by Aunt May and Mrs. Gussie Waterman.
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