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And Stop This Threat-Cutting Business Some member of the state legislature should introduce a bill to compel every citizen who is in debt to take at least three copies of different Republican daily newspapers. Those excellent organs prove conclusively, every day, that every body is prosperous; that there is employment for all; and more money in the country than the people would know what to do with-if they could get at it. Evidently the banks and the people who are failing, and the unemployed who are hanging themselves are doing so under a misapprehension of the facts, which a little sound money literature would speedily remove. In the name of humanity circulate the daily papers. Let us have no more of items like these. Washington, Dec. 29.--The comptroller of the currency has been advised of the failure of the Colebrook National Bank at Colebreok, N. H. Bank Examiner E. H. Carroll has been appointed temporary receiver. A bank official says the examination of the books, which has been in progress since Tuesday. has disclosed irregularities covering a period of five years. The amount of the shortage is placed at $30,000. On the date of the last report, Dec. 1, 1898, the capital of the bank was $75,000, surplus and undivided profits $39,744. due to banks $16,243 due to depositors $15,207, due for borrowed money $21,458, and total resources $184,523. New York, Dec. 29.-A meeting of the creditors of Allan MacNaughton, president of the Wool Exchange, was held today before Referee in Bankruptcy Royal S. Crane. Nine creditors were present or were represented. Russell Sage. who is a creditor for $50,000, was represented by a clerk, who lid not care to prove the claim, thus saving $1 filing fec. Three claims were proved, those of the Chemical National Bank, Hamilton Trust Company of Brooklyn and G eorge Moser. Milwaukee, Wis., Dec. Wilmot Saeger, formerly of Duluth, Minn., but now living in this city, filed a petition in bankruptcy in the United States court today, placing his debts at $104,824.50. The amount of secured claims is placed at $38,988.38, and the unsecured at $65,491.05. From the statement accompanyying the secured claims it is hardly likely the amounts will be realized. Aberdeen, S. D., Dec. 29.-Miss Signa Letterstron attempted to commit suicide yesterday afternoon by taking a large dose of laudanum and only by the most active exertion by physicians for several hours was life saved. Miss Letterstrom was local editor of the Daily Star for several months and is a bright young woman. She has been out of employment some time and no doubt attempted suicide in a fit of despondency. Pine Island, Minn., Dec. 31.-Oscar Kuntz. a stranger who came to Pine Island last spring and opened a general merchandise store. failed Thursday and the deputy sheriff attached the stock to satisfy a bill held against Kuntz by Frederick & Kempe, wholesale grocers of Redwing The liabilities, as near as can be learned, will be about $10,000; assets about $500. The principal creditors are Finch, Van Slyke & Co., St. Paul, $2.500; Gotzian & Co., St. Paul, $900; Hirch, Elson & Co., Chicago, $1,400. Abilene, Kan., Dec. 7.-Word has reached Abilene that the Catlin Bros., bankers and extensive stock feeders of Milwaukee, have failed, with liabilities that will run from $300,000 to $500,000. Their bank closed its doors Saturday. The Catlin Bros. have been feeding 25,000 head of cattle and are said to have lost heavily. The impossibility of securing extension on matured cattle paper is said to be responsible for their failure, which is all straight. It is a failure that will cause heavy loss to several commission houses of Kansas City, through whom they floated much paper. Allentown, Pa., Dec. 29.-The Keystone Mutual Benefit association, in corporated in 1878, made an assignment today to Charles O. Schantz for the benefit of creditors. The action was due to recent losses of members and large accumulation of the death loss. The association had 1,100 policy holders, only 600 of whom accepted its proposition Dec. 9. last, to consolidate with the Life Assurance Company of America, of Indianapolis. No statement as to assets and liabilties is available. We could fill up this paper with similar abstracts. The Fergus Falls Globe says: With wheat at 52 cents a bushel and cotton at 5 cents a pound it is no wonder that "times are good.' Everybody is this region knows that times are good, and every merchant can testify that trade is simply rushing. There is hardly a merchant in town but what he is at his wit's end to meet his bills. And still these idiots prate about "prosperity." Bosh! In the presence of facts like these give us by all means the daily papers, owned by the money power. Stuff cotton in the cracks and do not let a whiff of the wind of truth reach I. D. the God-forsaken people.
