Article clipped from New Albany Tribune

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Ind., m mart ahut watl matUr.TERMS OF SUBSCRIPTION.Dally Trlbaaa. d*Uvar*d, 10 oanta * «nlDaily Triban*, on* jr**r, in adTano*-----M lt;0Dally Trlban*. »lx month*, in advano*_ 1 TO Dally Trlbuna,Uir*a month*,In i KDally Tribnna.on* month, In adrxno*.— W for club* ot M* m *ztr* copy will b***nttz** lotb* MUcftoc.No an chart* (or popart wat by mall to tay oartof lb* Oantd M*M*I'O B0B8CRIBBBH.Job* W.M ondaoa, bwcb*rg* ot tbadrcala-lt;onoftb*B UNIND TRIBUNE In »*w AlbonrTht p*t itoCtb* eviMrboy* will ptota* b* rwdyto f »T*rj Brtvdayulamiaothtcdajl* innou? 4.To? tn tMth*NTNNINOT3IBUNN bygtrtnt four cam* to i carrier boj, by ordtrtng It *1 th* offlc*.oiby dropping a not* In th* poctoffln*.WM*n*r any tab*orfb*r to th* TBIBunB, **rr*4 by th* carrion fill* to nertv* th* popar w* trait th* tact will b* promptly mad* Known *t th* offle*. W* d**lr* o. met all racb ominWn*■id Drtmt tbtft rat jrrenc*.MONDAY, JANUARY 14.Borne *oy this world Is a bad, bad world.Bnt It’* always been rood to me;With Its errors there live dear hearts that forgive.And hope for the things to be,This world Is not old or cold;Tnis world is not sad or bad;It you look to the right, forgetting the night, And say to yonr soul, “Be glad. —Ex,We sell the throne* of angels for a abort and turbulent pleasure.—Emerson.The president is reported to be very gloomy over the financial outlook. The report is probably true. There is nothing particularly bright or eaconraging in the situation. Congress is not likely to pass any relief legislation. More gold mast be had in a very short time and it can be had only by issuing 5 per cent bonds. And when the time comes that the bonds will not sell, what then?.Can anybody tell what the administration of President Cleveland would haye done daring the last six months to relieve the empty treasury, if it had not been for a law passed long ago by the Republicans, which dow has to be made use of ostensibly to keep np the gold reserve, really to pay current indebtedness? To save the treasury from ntter collapse the secretary le compelled to resort to a Republican enactment.NEEDFUL GOOD ROADS LEGISLATION.The Tbibcne today presents the following extracts from the address of Hon. John A. Stotsenburg delivered before the association for the Improvement of highways at Indianapolis on the Uth Inst“Oar road system is a relic of feadal-ism. I had almost said of barbarism, abstracted first by some of the older states from England and France, where it embodied the principle of compulsory road labor by the vassal to expedite thennnnnMA Aft*/* Ion An 1 Invil anA kin mnnplaining, the patient, the paying public are entitled to better roads than neighborhood roads. I detest the phrase— neighborhood roads—so often used as applied to public roads. Pablic roads are not for the neighborhood merely; they are for the general pablic of the state and nation; they are for the use of all the people, rich or poor, male or female, yonng or old, president or panper. As the public demand and have a right to demand that a railroad shall be equipped with the very best road bed, ties, steel rails and appliances) to insure the comfort and safety ot the traveling public, so the public demand and are entitled to the very beet roads that the taxes levied on the property of the people can give ns.‘Contemporaneouslywith the abolition of the forced labor and commutation or working oat system, conntr boaTds should be required to employ a skilled person to make a survey and plan of all the pablic roads with profiles where that has not been done; and then nnder their supervision a system of construction and repair should be adopted and adhered to. Perhaps the county surveyor's office ought to be dignified with that duty at a decent and respectable salary. Certainly the great schools of the state can snpply engineer graduates competent for such work. There is no reason why a county engineer should not be as bright and skilled in road making as a city engineer. There is no reason why the farmers should not have brains and skill provided to aid them in the art of road making as the denizens of cities now have.”Yee, ’tie true;Foley’s Honey and TarIs the best Cough Medicine.C. D. Knoefel, druggist.Co-operation Unawares.Mncb noise has been made about cooperation, government ownership of railroads and telegraphs and of other industrial enterprises of interest to the whole public.But meantime, without any flourish of trumpets or great announcement of what was to be done, there have already grown up several vast and successful financial organizations established by the people themselves and ran wholly on the mutual benefit plan. One of these that may be mentioned is the Mutual Life Insurance company. As a matter of fact, it has no stockholders, none at all. Tbero are no dividends to be satisfied such as most corporations pay. The company was organized, probably without a thought that it would signally illustrate the power of co-opertion, yet that is precisely what it docs. The Mutual Life company has a capital of |100,000,000. It has officers who undoubtedly get largo salaries. These manage its affairs. But aside from these it is run by the people themselves for their own benefit. They pay the money and get the insurance. The officers transact the business of the organization and see to it that surplus funds are invested safely and wisely.Savings banks and building and loan associations tho country over are another brilliant illustration of union for their own benefit among the plain, intelligent people of this country. The people put their savings into tbeso banks and draw a small interest thereon. They expect the officers to invest the money so that it
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New Albany Tribune

New Albany, Indiana, US

Mon, Jan 14, 1895

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USA 17 Apr 2025

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