The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STENOGRAPHER'S MINUTES THE RESERVE BANK MEMORANDUM OF EXHIBITS TO BE FURNISHED, 7-1 3053 8 8059 34 3091 35 3083 36 3C98 37 3098 39 3137 30 3137 31 3138 3139 33 3147 33 3164 34 see 38(bound book)* -— coOoo— zcoz THV nrPTRVT BASK QiQABZSm C* • f tof ba l r s t e r t f d i s t r i c t m m c t r awe-toom m of Frr. ■h i l f ^ tbvk bafk a ?o > kfad o m e n s . * Linac 1» # Wttor****, JmwiY? Ten A .i. BITCPF; The $*er<*t*rir « f ?b* Tr««, m r y , Th* $*«;et*ry cf A^rleuiture• APmfcAiersi Dft* P.L-KALL, R*?x**«rtia Line:in C la rify Hou e* kilt* v.FIFLD, R ^ r # » » A t U £ U m c I w Cl*?vriR£ Jkuae* L. f * W fttU fO R«r Lin«fcln Clearing HCU«6 * K. 8 . FTRFFfcAR, Eepr*a«fttins U»c<fe Hvii 0. ■ Q l^x im 3003 •/ i . MTL10R, * *j<r* t?erst i »*; &t« of Eefcri**fc*. LtJTKIH DR ASK, JV e*ia e»t * « r « J u n u B&ni« R#j>jreventing 0**h* C l^ r ln g Keu$* Aaeoei&ticrs. 'ARB K, B5R6K?>H# 8 *pr##*Bting Jobber* *x»4 *fcc.U».%ier# • 1 . 8# VRIOHT, R#pjre#£f*%jBg Cfc*&*Jofefce.re .Ou Vhc<te«r.lf re • JCHF C . FKFKOH, R*pr**eMi?yi, 0 »Hfca C ie x ii% Hi u&e. HUfHY W• T4TTS, %:;$****&%iftg Qa*aa Cl« si f!cu««, rPFCrRICf H . 3AVI5 , B«presenti»fc 0* * & » Cie rinfc R ^U *e . rPAWlc rC^Lrn, Bej?*e*e«ti»£ Lu®b*r 4 Coal I r t « r « t t * c f tlu» Stfct-* of tfeter&ekA* I # 4f . PfKBFROT*, R * ? r e * e » U n g F ir * * *fcU © a »i t«*nkf Icrtfc P i * t t e # V e k r » « U * J . f . fttPTttl, Rtprewentir.^ ftrtfetuHfe B sk « f 0*e U * l e , J* H . IEU*T» RejjreeeMing C i t l * ? * * £';tist*ai Br»ak *004 c t Oct2itf5bur^;# He&r**k*. L* H* TAltMAOF, &e$r«*«stlfi£ Or**4 Island, Hsferask*. C .f# mjPBKAls, Xcrfsik Ifetlonfcl. I t * f o l k , Jsfer**k*# F . W. $CCt? ef $p*na«t, Se&ra&kfe, TH7V TOLPF* geribu^r 8tat* 8H.ftk# $c rib n «r# 8*i/r. (JfOHOF V« PTTMCOT, £«?resenting Elgin State B&mk f i r in, Vebrssk*. ?♦ ft* CtSltirT, fcepresentIng First &*ak af Fr* * « « ! , Wstr&sks* f . S* 0FLAWO, F*r»er, W esterTills, 0A*t«sr C#u*t^, l«lri«U » seat n e e t t Tas of ?h« Tr«&»tirjfi nt» acs* tc & r * r . n i®?, 6«mt £«*«»• tfc* a ^ U a * . will ?hs lfe» afcs**;t« ihX* $ « « i i u « * » U h t&$ duty cf ii'arising' the country late not 1**$ algbt cr »cr * ft^r tssls* districts, %r4 tfc« i&a%tiea In #*$& of of aiatriots/a Fsdsr&X A$*srv« Bdfik* A # plfpSpt c-f %lfe £ $*• •tittas in v i m i * e tfesse diff*r#B* o c ^ u R m * * is te giir« Ml to U # furious aitie* is f>fa*#»t tfcsi rs-*cns shy u « f «atyJ4 fc* ssisot*^ as tbs ioo **•&?? fey »n*fe t fti*o to pr**sfit t©t&* sawaittss smsh re«<os« $-« Ills/ i t ) fefc-vs far n. 4iri*l«i» $f t*»# gaunt*? inie districts* T h i* is *r ssorcvio prebiaft *n4 set .■ • ^ X l t i t s l profrlafti Tr-srsfsrs %**# C o c i iU it a&nfca to seafln# ttsalf tc tks fa*t*** -aaft fast* * siil saatls it t$ 6 a t *r *i» *# aa tas Xmw ts~ rairss, w&at sr faajg«a.a&t «>r bsst s ^ f * 44 visit* of th* eauiitrjr *SiI t&s aonvsaisao* *«4 tbs au*tc**rjr aeurss* «f tor^lnsss • fs h»vs fcaaa sfcUgsii U sfey 1 * tfcs a*r*r*i * •* * « * » ti*a • « & » * • * ! • ! « • « air**»y t H t it i* set Vf*tcrr »» * * * t . ’ * • ■u»t fo«t». »• m **t • « • *« * • u i 4 **”>'“ t!l* b,#*a U *ul •treet* ««« tfc# ««*«** tte*t »f« in ««•* « * * /» * » r U „J klBu. fU | «• n i t » a »««« f**t* ** * 4ii «* a* t* mm Uot?r*iiie sii' t * j i i fc««t o&rtiin portion# of th* oountry in tfe* c r a t io n of 4iatriotfr# &«U *hat *JXX o**t •«rv<r tfto oerausiltlot within tho*<? 4l«trlot&» ) f* ir* nc» f t*£*\r9tc to fe*«r suofe *'*S a«ne## •t nfi that Linocin *»2 os \3fiusr~ tc b* fco&r4 f irat; ^n&# Dr* 8%ii, I &«* your »?*•• fir*t o* tin* U * t of *nu if you «liX b« toed oaou^fc to try to aubodt $oy oviattns* ys^u «*y fe*ve »* to that 41»i*ien of tfc« ooantry *&oui'i feo *.*£«, ««? *oui<i fre giHi to fetev# yea dc mo. I f jroe h*VO & ®&|i &&oui4 f ii f e i tc te**# tfto Kftjp first, oltoviitjff whfvt y«u vm*+i have u*» I inoludo in ti»i* cuotriot* ,_______ W A r a m or c * . p . u j h a u . I Vr« H*li* K*r* itro th* *.*£3 «Mofe «« *i*fc to sru&ftit in aonneotion with tft* otat^fcent th#t I a*#ir« to *ub*sit to you* Thet S*or#t*ry of Tfeo frtuourys Wo-., Bootor, you &r# $oing to *u4ro#o yturoelf firtt to *fcioh airiaion — sigbt? Ifr. E*Xit All Of tfce». Tae 8oor*t*ry of Tte# Troft*uryt http://fraser.stlouisfed.org/ ^iv U io Federal Reserve Bank of St. Louis n m ott »|U you tale ur t&* Or whiofc oao 4o you propose to for &QQ7 £r. P. L. Hull* first? tfr. Hail* *alX# the *»<y I fe&v* prepared preeent&ticn of thi » I n iil treat «jf the« ooliefstieeiy • Tfce Secretary of The Tremeuryt t e l l , I *oula U * « %« ai>ow v&iefe pl«ja yuu are goia* firet to p r«i«ntf k-^iviuivn plan take that. If it i * the you ft&area* yearm If to tii# pi*a of S~aivUloiu first, &a£ then you e&a tcao*i on t&e othere *fter*«trdLe. Mr# ii*iit f a l l , it *ouAO fee # little difficult for 2g« to tUfferejitlete, the <**y I h&ve pr#f?tjred sy jMr«**itt?»tici5, between the*# * * ? « , beeiw*# e&oh «®e of the© affeot* tfca dietriot tiifct « • euro •ttfctefttflng for the « & * . The Seojt#fc*ry of Tfc# Trefc*ury» * e l l # prc*#?4 io your cet> V I/. kr. Kails I fu&?« prepared »y *V*te**i*t in **«eusioript, Qentl#eei>t »e that if *ny reffcrer.ae e*e deeir *4 tc be «& 6# tc it aft*reard* by the Coaaltt*#* gtea tc *ttbslt you * Rd T eou 4 ee very 007y of it , if w o w n n * (The #tat#* 5flt her* pro?;©*ei to be «rabaiitt#4 by Dr. Well is received, a&rkea txhibit 1, received J a m * * ? Hth, 1514 ( aft* i* fcereto attacked.) Mr* Halls M , ** are a#fcia$ for the #etafelie*«»e*t of aco© I^r • ?*♦ L • H&li • * StfgiSftfti BfcjU'Witb Linooln *# t&* **at of ftegienal Bank, on the theory tfcet tho purp o^ of (M e bill i* to dooongoat tfto r*s«?rv»« cf tfcw sousstry, *o taking t&« pooitio* thAt t£« j*ux^o*<o cf tfe* bill i* to $>r«vtni tH* oongostien of r»#«rvo« asioh te ** o*sn so dotrinontal to t&o country &*?*tcforo* T i^t, in »hort# is tteo theory on *&lo& no &r# pro* fronting our oa&o* (Tfco th r«» * * $ « its luootion to offorod and id o n t lfio a *ero roooivod, **.rkod f*&lfeit» t o o , & # 3 ana 4 , Dr* H a l l , r « o « i * * & $4 t & #1 8 1 4 # and *r© attached. n *r t t o « ) Ifr. Hail: Wo*f gcntlsfeon, I *»▼• »&do tfeuroo p&$e* of tabulation* ft«r*# if you *ouio liko to &o*r tfeess, or tfcey *uy o* filo a, just as you liko* T&« Soorotary of Agriculturej a f i s t s i s / M M S f f on the ttftpo* The Secretary of f&o Treasury* oar*? t&cao fifurss in tlie *in d . the total banking $o«o* of Linooln It is not possible to fou *igfet stato &or« mhat is — th* total national banking powsr of Lincoln alon«* l*r» H^ll; th u«and I# Linooln *o hate &bout ono niliion t»o fcandrtd #«j;it*l «»d surplus ana about ton Billion 4opcait| m o$ Dr* P. Hell* / bot I st t*feal&tioa fch&t 1 ***1 4 IIIt® to a & U your r-ttentice to cf tke O^ni* • • we fe&re jg&vt* s. eo*Pp\jt&tio» &2$£ fatten rej-fcrte froe otary in ibe tsJty *e to tile aor£§*~ £ entente who now %lrea4y dc fcusines* witfe Uno&An. The Secret :txy of Bgrleulturej Ce» ie» is in tb« 3t&te cf Yetor&ata io tell U€ *het the gufcsoriftions toy St&te B^&fce? Mr. Unlit T/i® Et^te &%nk«, undar tn* present law, Attorney Oe» oral he Id*, t O M l cur 0*0case mes&fe^r* ttftdir tble at eyetea; fcut it it $en*relly wMefetoo* tbet/t fee ae*t »#*»&ton of tfe* Le iftlature tfc t lew will be eaended #o tfc&t thty •aif. Tiie ffeeretarjr of Agrieultures *fce* 1* th*\t neat m i i o o of the Legielature? Vr • Hulls Wext fftU* The Ittrttiry of A^rieuiture: Oferteia territory Hr* Hells Tou of H i l t in ***%*& tfcnir »oeaant« fe*ref TtOftif* Tii© $eoret*ry of Asrieuitur*: T^ t int*r««t it j* ia on lM l«M H t Hr. Bells Two *er e*at. The Beoreterjr *f A$rioulturot Two per cant* I* thet tke a m o Br* p . L. H m . uni for* rule? Mr. Halit VnifQtm tx\le. ?fea S«tr«t'*rj of Airiouitturtt Wfc&t afcemi o&aok oollooticm T Tlit? It^rttsry of Tfct ?J‘#a*u*yt Tin* t&arfo on tfx • Hi.iii Lincoln 1# « j»*jf point. The S*of9V*r>~ of Agricultural Haii| Fr$# collection** Fr*e collection# — O© oasfc l i « i , Tae Sccretnry cf The Tr«^*ury: is that oqulral^nt t« in t A« ©my of internet r#turn on 3*p©*itt culot© tb*t to fc© ©ortfe? *h*t do yott ©&!• I* it sorth cn« to tn« (i^ositiBg bsfikt V ,. Halil 1*1 1 , it wovlsi fe-t fenrd to »«?• It dc^ona* tn a dOcd *&ny Inci&tKt* octree tod ©itii ih* han&llttg, of ©*nh it 9ft*• If a fc*n* i« aol© to par a *oe4 portion of itt it*»* it «**«* ©or© out cf it* *3oett»t tfe^n if it ha.* to ©t&*& so*© ©barges. Tu« P©cr©t*ry of Tfc© Tr©a©nryt Hove you fini&h©4 ysur *tat©ao*>t# Doetor? k'r. ff*ll: Po* X ** not throw** yst. Air® tfcor© any other IttOtlOAl! Tn* Poorotory • / A s r i o i U H m X • * • » ! * U k « to fcs*v© you incicat* tho territory in ©Mch Va© k*»k« *r© located tfc&t £011 Er. P. I* Ball. bar* their Hr. H a l ;: h*^. I u*vt! caly given yeu S*fcr**k(t. S# im?® aoeouRts out«S<i* cf ti*e at&tt* ®k*- * r tet vr/ if I^ricu^tur#: Tlte#* *t&t«fce&t» jrtftrJf clu<»ir«ly tc E«&ra»k*7 J*r• Ball: Tea, tc 8«fcr**k« tb*t «l«*n we #t&rt*4 t© »r# firat intanticK wa# to pr«par* a I sight «&y# gifitI*a^B# *»$’* , ©f ccax** star o i l ; ©h&*iftg $e^raiia| tfc« territory acitfe *<*,ua4 be inalttdta in a region wh*r# U n » coin *otud to* iat«r<$*t*a or «ituit»4^ out after ©▼<# tfcft fitter CM 'tfuli/ *« thou^M i?rh%r* «« o«uia get ft acre eeeq r*ften*i*e eie* * f eur £©*itl<*a h*r* if • « px«?MMr#4 for y&u txp* under tb» t&ree g«&*rul aiei fieri* of P• $ ian-.i P>n**, « & * « ! * , «©r*ta»pIatJia* tight, tee t*«lv** Sc* # isfit4*wert I fc&ve t r e a t s tai* *&tt*r l£ t&i* *% / ui«-u*# a* &>t« *<& Jtiic*l*4g* of the **y invtAsh y«u teui^ bare the 4«eti©& presented. it in cur **y , *e h&we *tv*4i*a this eut ena ?r***nt*p if tfcare i* fc»y inferection cr if tfcer# *r© illy 3*t*Uft»* t&*t y*« *©ui«i like t© s i l , *e *&uaa &$ *jUa tt *na*er the* t© tfc* beat $f ©ur tkMiity# Tke Secretary cf The Treasury: M n «cl», Sector, t *&*«*▼# tfcat *Q 3 vt’U r% to thecoinytr*ll«r* rep©rt of 0«t©bex 2 U t # ii tht r#£$r?9a <?■/ c\fif-r 9$ticf*&l %$ th« «.f I f i #£4S#fe*$«QC4 I j?rcatt&« tfc*t 1 Kr* I think »6-, jrt#, » i r * A.*& ycu e » * tc «t*fcc fc^tik* T?»* ?e«rctft?y of T n * Tre* iar;*, ’ ; • • rJ *»*<; fcaju*.r« U #& M ,C C t ’*CO, ~»j ts* te ta l i<st&*it% of fcil kinc* *#€ms tc be f4 g636,44K * 8r« rtaii; §f t#i: nc«, cf auer.*&, this #t£t#»#i>t you l^y« ttovrc ac#* net include %t* *ub«rb* tf Lifcaila fcj cur *tr<»<rt r%ii»uys* smv* four suburb* h&?e tfr*t faftft A-*jJtio#4l idrfCfcii*; but ct ecur © act T *o *"'ftCXfitary cf fk* Tr*«*ury: be obc »,r? ??.*!»*, up j «■ fii*t a*? # iU cti cut lit**?* t&* 8-sU*triot», i in t a i * turrit cry for k t M C ^ ' 1K&rihW'}«tcrB ccrr«r of lfi**fcis&ri ouai;* I iu?tic* ycu s*Crfcoc i jMurt of It*** H i t « c * t 'i r a ^ I *J.oy d * n ? 0 cf r w i ^ e , A ll cf Colorado f^Tifi O ta;., a ll cf *yc»tft$ *»a * * « « I tl ira cf Wcnt-iRA, tfcc «kcle cf I t&fco ***4 * *m*Xl p&ti cf ffc*bin, ten &*4 Qr*gc&T Kr.B»«Ui ffci* T .: Secretary of Treasury: ?•>? Act r* <uire?# u ! *•? id :. furt, that * & • « • 4 U t fS e t « # & * U c© U i i cut by tb« Cww&itt*t «it*. a ri *w t© ocii**rvla$ tty* ••w x*ca «f cu*ift#*« A» tfccce «t»t*t &*a *»6 tH# c\*»ts**ry district*. S'0i4 £r* P » « . Kvw, Vr* Rv. i i ) Tc.# Scoi s*tajry of Tfc* It io * # &ky« you &*jrtJUng tc tr.fc? thit kiacola *< ;u^ b« t&# t i*.'in jucr. yoiet or fc**t ?&i*% jictjrict tc n « ** throughout t & U Vr • rffiilj the u a ^-x cf T?*at territory? I* yoy eight Httgiofcal ?€« to include, Hr. ?«cr*t ry, about tfc&t «-uos tc ?.W c t W le fio n r l Bank— T * Fecrct&ry of The- Tr***ury: Tn-t ie The Act re-iuire* u» to y;iv© $u* r s $ *r 4 u • o * # ie» ifcr £«l»t • t ■-«©»• ?ca»ld£r%t lor,|i laying cut fti; a u t r i o t it *u*t b{? Uitf out *ith r e ^ r d to t hs*t .*A*aatory p r o v i i o n j *«a *kbt « i »o ul 4 ilk* to fc&v^ i* *ny •vi&en^# you J*av« tisst Linotir. is t£« ci i ce#t r of t&J' Mr* K *il: I U trlet. « o k U | to i« t , X i. Secretary. I o * # its i*yi®c cut tnir* district to co*rly sllh thp r«***uI realist* fox thi k-Uir.tri«t »* tool tlint /« *X / iat ctf * ia * r ttoa ru *e l)^?e * g?r.tle#*fl her* *£*> will t r i v i a to you in * o r *« the ti«e ta*t i* te<5ttir«<i to get the moil into Lir> ccia fro* e*t*ry pcint of tk* scpe *e M.r* &a £* tfcere,— tfeet li^lit^Re. icftAi-BaRfe e .^ , :* c i U t l e * t»; efcv » i l . el*c give you t»<a tr*ue *r4 3c®fc«roi o? **y of tfce r a lr o ^ c 3014 *■ > ;« ♦ ? • tL« Hs I*# that <?nta* Linsein* S*cj<rt^> of th » tr**m nxfi But t&t q u *s t*c » i * . JKotor, t« *j*ii.t 8*t«nt LiiiiSC in s* 3 tex teii*y th«> or I*. f«rvifij{ Ip s eGiK^-orclstl a$n&t§ 0$tt$r th. n q it> ctiijr lc the a ia t r is t * Ifr. l U i i j Se t in ejU * — Tbe 8 «or*t-vxy of Tc« Tra&sury: Wo; I && U* i OCJfw; !«# • tfr • K * i i : .JU&y of I 1 * l l 9 ih%t *** cities tJ»»t *& oeuia mt 2v^ . r e ■itt ifi ti.# &atu&l csej&srco; but *s tcek it frcft #fc. t »* £a*r-,i cf t >c fearing* b#r*tcf«rs tfe&t thr *t 8.u2*i {U fft r e # © *, a m w, it. »t ?&r * * of tb* olty aiU not F * d * r * l B vb)l i* •*&*> a* tir-i c o m B U Q 0 « Vv the b&tifc* wfco jr* t«i tribute tc Xfs otbor*ror<iii# th&t t£s loo*I pri »<? or tfc# iecai int^r* «*t* of n< oity ffor« tc be by this Coatr,l*<-icn, cat tfce ■'aeiiitir# t i U * :tlob a Btgiois* .1 fc-r.^. ofru^u. be- r 4*&9 ft<h& wy ta« b n # # *b© ret*-4 -u^-ort tki* fc nfc . Tne P * 0 i i U r y of A fric a tur^j in f*© *w City Re*, ©n tfc*t $o i»t, a.$ce*t f .n y * » ? r * • • * * * * * • » » tc u$ m? people fro* aifftr««t psrts of fan.-:*# t,v.t t-i ir tr&a# relation* n«r« *itk ¥ r» H&lit Y **. Ml City* m u i-r. r . L. Hall* Staoret&ry *u -A<r iOuitMur# j *4*$* »*«$ t>a %... i it itCwia au’ v rv £* *at Yislono* to t&« ir ncr« vi tr-tae r#i.%ti«h« if K*&*a# **r# 6$t»s«*te6 sitfc &»y otfe'-r 0i • r.grt h*?*at err fefI £ sari * Jut &*or*t**ry of T ?e Tro;ftury* Ana lo ; . Til*? £>or$t**y ci Asriouiturti Tftnt p$rt Soai. .** corn** • isilfcin> th'4t tfitfir tr/ule wont tc n«t # *t> * ft- tbf.t . m u h+rk H&ve /<^u ,ny I f t f W i t j — in a t h%;-:« t a«tions «« U t&^lr w&eire to fe« r«- no*# tc to rr ni? *it& you, Mr. 8#cr*t*ry# to**a n t o M a f t*** source of jour &*▼*»»ti, &ti$*i* kvr§ in tfc* 41fforent oiti<r*# * hr j fAOtice «h«r« you h&ve na *t fina tia&t it fe&» !ior etc for* tn.* oortttPalnf for tte* Knvic* 1 Bor* eei8 befort you* *&** *e feavi fiu*no* you in tfcat r-y. in free? N ul M > » M * ll&oclrt? Itfr. H&l-: *u~ Vfc# fttM 3N>sws*lsSisse **?« *&4# *<&* th?/* isouid t&kft cut ©f thi* iUstfist a o^y,~ #iaiK%'clo * r * » . ±ate& U ml IX th-ir r ol& tic re- *>**cUo lly k i s *ith c*na%« Citi cr »*et • to Io Cit? or #&&t# *&£«; *e ssru;<2 h*?* 0#«n for % city that Ik fri«i*U to n? M tv |c* fcu*dr»4» of $*». today *»<? »oul4 toli yos %h*,% Uneoifc *c u *4 t>«tt*x . 0A6-4 I t . r . L. Hail. t^n«»*rrt %h<,xt int 3it**>* tfe-** §tay otk s si*y. *u&e W i t We tov$ tfeat ii*Yt oc»t YOiutit&ri iy , fcut, *# k&Yt r.ct yivyt<i p o litio * i" t & i* jExtttr, Ittts*# tc .nyoctfy aa & •r# set v/ritt^r, tfean tc- *lt£* fcr U ntclfu w* p r o je c t tc jr-rcutnt tc y$u ti«t f«*«t* *?*0 r t t t t n * Rt^io® ^ ir. Llnccln sitfcottt trying %c fo* a up* »»y- ihiag* Tfct Start* «Jry cf At r i suit are t *tlX # tfc**s *v*-tt*tst* **r * in t he fcr&* ©I ptxotfcttge* cf trwSt tr? t actually **e t to t&#> t Tae ?ft«f Itry c- Tr rary: ?h«y *tr$ f*ot* re<iirea cy t :*t Tto« r •••<;i.*«t nry o' Africa H u x *t Wet itt.- tiy tvsttft**** o-f || prtftrtcttn* but *t*toutfit# c* f&ttt Kr* ttzlii It• I tiUnfe tfc&t »«msu* ac«t tcci* unae* ifc* pro- fk-e« t f »y a o l i ^ u t * Jui£* FA* 14** pf «t«AtM>tiftft cf t M # , 8^c U .a *iru*. It » is my i attrition U i;#v.<gr6 free tht p**«*ttt tc yea sfct stun^niJit ** te »fe|f Liftucis n&uia * iTcc-.:* tfcj*etitt “ Ciftt fcr ' Kt*-’1 6 **1 Strife* ' ffeft fcttrtt&xy c f tr^?s4»\uyi ir tKi^ territory jf^u b&*t v*tUd it St £dB*>r » * * » * *t& O&aJ&t* 80* tc *ss«t b* re**r#i»g tht or4in&ry sour*# of o«*ia**t tr*e»- Zt. ? . X.. K* 11. 1 *net in rather tia** tc *cticr<* tc r oc»* to L*it30ln |c tc Cx'sha? I *r»y ftttltud« c.fe cur y # f t # imt tc term? oat i& « f&ot. Mr. Hftil: cf fiot »*if$ 4.y a* liRplyiiif; t&g * * l i # it i& his hear $M& feftjf *&siut«d free? O&st&a tc Lincc n . ?&« ? »o?fftit]r of ?a* Tr**«?uryi Tfe*% is not ih$ .tu - U ca ^ CUt it 1 is i* i'M«*tiQR Cf ti** 8v.uf ig cf 0C«J»^rOi*l traaftACticn. Mr. M*Xit U, fVsjLfig *fciofc *« y do they tr#A 4 # #«-«tv&r4 cf Tfcsr* i* r.e m o t i o n a* tc tfc-vt. Sy acntatlcn of tbJU na**UOft it tc #bc* ycu tfcit d x pr*:~ t&« £C** tc the* $ & * t . T.*i® Sfroratary oi nfctaral 7 Trsaawryi Ana ths trend »*cu*a fc< 5 tc Cr&h* ia«tc &4 &f fr *» 0»:r*li* tc UfiO^ittf Kr . H#Xis K uturuiiy the tr*B a *cu-« c<* «*st tc T ts 8«or©t*ry cf the ?r>&.*uryj r**p<rct# c« *«▼ *?»ln/ T<§#; it p cia t. in tfe&t tk« n o r«*l «oar«« of cu^-ifio** *xc &r> ## tc require 0»mfc& to «#*&<♦ tc iiuccit r^ttotr tii<*n Linco ln tc &c tc Mi* H % i*: Th~t ift tru«i »c sUr **» i? *«*?*. S*cr*t&xy cf Tt« T is & i^ r y ; Abu, *»\ilA tfc^t »i.*» t© Dor.v?rf *fci<*Si i* * irery iwj -*rtfcr>t s i t * # tcmUity m #Aiob i* ecu- *i£ 0 for U;« Icc^tiOR of oe« cf tfct*e c-: lust Mould it m ? Br. P. 1. Hall. oors^iiy l«o rttttlr# Dta^er•* tx*a#fcotio&« tc all it Lineelr? Ut, H&ili Ituoh of it* Th* Sccrttkry ci Hr. flail | Tr^as^ry* *h/T Bto&u e tfe* tr«Rti of all tfcsir bu*in*#t u v&i* : way* T.^e- B f i r f t u y *f ? * vr. Hail; Btst 1# it oltfe licooln 1 Tfcu tren^ fr?,* S o n t r to Lincoln *e^X4 b« the j *A*t a# free Qaah* to CTMoi^c• T£*» 8*©r*tiry of T&a Tr#« saryt Tc*j tut t&o point %zt Doctor, in orier to e$£*#r*« U c norft&l foroo* of &%«!&«** ca rot tv *#xictt*ly dial^oat* tiitm, tfeo Aot cortoafiat#* tfc# location of the*o b&nko at t.fc# ?oint* *&*r« tfeoto tr*a*~ aotiesa rfould; bo -sort no n u l l y Ml* **& *o*t eooversl *«tiy io *t would iioeoln fc>4 a % /or D«R*$r, fo in ’ , I «0*# #&« £i a net &awo fc S*Ji»fn B* n * # t&*a afloat City? Ut. Ealii I think <se, y<s*. ?i*« Saorotaxy of Hr, Kailt Treasuryj I thiiu *.*, ?**; Or 0s«ib&? "r-.. *••: f%r .« K*r City 1* «oRO«rnod* i f you t fc« tfeo tcIvui« of px^auot* t .• -t ^o fxoa Lenver e**t, I tfai»k probably $0 or 70 put eont of t&oa a 2018 • ©vJ*d f • L • Ha *. • f i JPit XhSL'iHi •) Li ?,©£X© * T'a ^ H©or#t*xy of A-anauiturdj Bui ooula U s y ©o&« to Llnoolnt The £*©rstary of Tfe® TroiMury: Mr. H»ii| fhy# no; tfe«y *•-» .d they *tOj hsf«? go ©ft to Chi$4»? o, f^robftfei-y, *,0*t ©f th«fc. Tft« 8<MUr«t&ry of Tft* Tre&*wryt S t.L o u i ? fe obot Hs* stixrufc 4lstri'<? jtie* s** City <*«4 in tfc&t 3©tiOft? K; • MmXix f«XX# I dent k»o»* fco^e; tout »p3Kki8^ frtK I •© *!£ ret j^ f f i IVtM «i*p e^eri«ftd» tfe,*it is rrcb*-tel/ four p«r sant cf our ta*i»«s» *>ce« to Dstmr **gfei##t f rofeftbXy **0<?ut 70 p r sent tc C M s m o *rd 30 p«x Cii/, oi cur tc fan a4* i»1 1?rn 6ufcin* -. The 8 ***«t»i’f fb# fr&aoutyj Wb#f# a© r<m bo^p your r<*' fjvf?*# Hooter —•» tb<? ©uifc of t&*£? Mr • BtiXs Tti« CbiOfcg©, Tori *ac* £t.Loul»* c*t*ry of Tb« T ro &*u r y : In »b*t p « x e « » t & t#T Ho* i * th*t a U t r i b u t s e Oetw**n *&© t b * # * altioo? H r . R%lls &r« # U **euBt I o»r*not «pt&fc as to <*XJ tfcfc ot h?r m n k t . in Chic*£© *** *••'* * * rk* in Cbia*#©* *Ri2 * * • pr*pe*4#r*timg lin e II VC!* Cr, L. H 1 U . ?t** 8 * e > t ry cr ?;$* Tresittrjr: Sc- L4*<k 1 » # *. f.crs,-u tfc* atrial *xch&.«£* ar<4 is nitfc Chloi^o •>i i£ftln*t I*a **t City, is U T Sfr. Halit Oh, -a*T o f Tfc* ffctttM Vt And &# ag&itut S t .L o u i i * cf course? Hr. 8*11: Te*. Tr*« Searrl&ry of Arrifl uturei I** flaiob 1* t&* ?Jo*fc?r, / ith C i t / cr w ith *t.Louis*? Mr. Kalij I think *itL r%a>-** City, ^Itfecut ;u**tictt« Tb« Ptertiary of fh« Trojurarys fait ic wn*t t .king \fi« t *n«rfel tucijv s* cf you* bnnk, *h?.t y«roeAtft;-« cf It i* nita Chio^ cl tfr . H *ii: T;,« Of tfc* feu«iii**Ji */>6t cf tfc* ftl* r? c f A§rteuiturct Tlj# t c t * l fcvainoa* *m«t~ **.ru. Hr. R^iit ?£« « 9irit>r]f cf Agritttlturtt k'*. H iis T#n. f * U # I »ficu*a **y 8C p** a»»tf » foagfU e»- * i»&t«» Tfcfr 8rij:4t ry cf Ag*Uuitur*t de*« t To *fe*t «*t*fit, Defter# i% »«sticr, LiftSfcin rcre etpeci&lly, ***e to 4U«eaxit •;0£C • £ * »L« tc the KC^tPeJit# of l?r*-HHiit Ygu fee*® th# fr&ai » its kiae^lnt ?&e 5*«r«tvry t f A^xioultui'«t iir. Kail* T#&#«ir. ?ery l i f t l * . T&e E«o:'«t'*jry cf The ?r$&&ury: T*&* t£* •>- tr^ae dwsana • Hr. Bulls V^ry little. Tue V*or*tv.iry cf T f* ^rt^u ry j Tm <3«mt n<iieaouut a* & rule? **r« U *il: Ca# r#41«*ett&t T«.e ?&or«t ry cf ?..# fr«a»*iryi ftst *ory asofc. To«kat extent, cf t/,* entire uniting—• IV . Halij lisa ?r«>b*fely t*vo or tfcr** sc-atls Jr th* y ^ r * * %rcunc ?? £ (,$£ $ cr f“4CC,000* ?i.« ftaorttt'.ry of T&« Tr«*«uryt 1# t" t **1T Tc » h 4 txtfMst 4ic jrcw U l n k , tale tfei* «rtlr«c t«jrrlt&*y ««;-fcraatsi it -;,/&** tOi* fiftltftOitf. lit *«A*Oft*l 8£tr<NN| & « • * ’ * r . Hail % *«ii# \ ia prett/ imro to * & | . Tfce fearotar/ fcf Tlx# T m w i / i you **y, off ban4, K f , Mall I Ho « & $ ; s a l l i e n , «< m U » * • r«3*lrtd, roughly? be Oil* it wca-a/pt teui t*. s.. e«ol4 att *a *«o r tfcat ^ « » t i t r . http://fraser.stlouisfed.org/ Federal Reserve Bank 11 of St. Louis . ___________________ ____^ I zon tor. P. I . Hr*U. TUtt bf ? b * ?Te^*ur> ; You bttr* & feftftfci&e; of stmtthlng 1* * « tr.tr. fao^OOCgOCO.oC- ©is t h f* ba*is cf 4i rtpc-rv* b*ais? If. H *lii Y*©. Tfce S?;o. et;--ry cf Ta* Trt&auryt frob&bljr be — Am: your r « a .;.m scuJS let# «.\.ii it nve p-,jr «**•«%. You *cu-^ fcea*r*aiy gp^fcin,?, stout 1$ fe lU ie iu r * & * r v * . 7 k t fc*fifc *©uxa b c ia about eight*® * stJUUcfts *ft*«rre cf ott* r be a* * . ttx. H*tlit I&Sgvlr. Tke 9 e*r«tary cf f b * Tre *aurjr: fct &yiil4bie S<r. H ^ii: Of * twa-»tfelr*i* *© uid for r#4 leaoustJug purpe?***? Ye*. ?ha Secretary cf Tj>* Tr**$uryi Ho* tb&i *oul£ give you *#11, you *cuia fe«v« about eighteen available «avit» r.»4 reeerve for rediscount is# fus^oaeeT ¥r. H « U } Y*e#* U . The S«ttr«t»i]r of Tt» T r ^ m r j f j To w&*t extent »© uli that bfcOE £w**e t© fe* feel?ft& cut to tn.st tfe* 8?**crtftl «!«**%& ir, tfe* territory? tir..H**lt I <io«t this* in t,t<ii»try *«*«&&• w* wcuiU b*.v* tc be heiptd at e l l . Tbe Secretary of Tfe* T r ^ e u r y : B&v* you *ajr r«?**c» fc* * S0*3 B r .P . L . S s i i . tb.t b*ycna tho acre Hx • H&iit H&ire you ^oy *ot&? lfo# I b&v* Ml f*ot* #%*$? % tui ■■., th-it r- fei*# afcit to tafc® s&re of tbi# tou*ir»**« s* it Is ft©*. Tfe# %*Qi 0%vty or Thf Tr*&ourjf s But you so met t*kf o*.f* cf t M « territory bow lr» — fcr. Haiit I *»y# »*# able to to&o o&rt* of thl* bu*An#** no** of oil i&«* fea*in**i« tfcat oo&o* trifcut*r/ to uo.Ko* bo* ^os* to Oftio&go* I *«■ ofttbls tv tail you. Tfta f.eoret^ry of Airiculture: Coulv you f*e* yotur o*»ft ktto*ioO*£* wte«t***?r t^is oouid 0* *poker cf »o » oorro*iAg territory or — •■ :■„..; ufcjrgoiy a fcorf*»in£ liftlltfjr* Tbe Seorotary The Tre*»uryt AI*«st r&olly, l*ot it . Dieter? Mr* liUt T**; l*v%*ly ft borrooiag tori T*ia 8 *0 *tturjr of JMft*oaittir«t *« 1r.si*f anient al*t*iai? if* It oouio sot, tfc*», to Or* tfc*o*y ef thin M i l , i* tc fc»vo to«*e uiatriot* i * U »* ymfcms*, out «t %h%% In normal tifc«* ttey *o»*0 0* * o U - » u m o i * » t *84 ft«lf-*ftlrt*ifto4 *■*& *eifocntsinod* irr. t U Ii; I tfci** in acriutX *c *oa*d fc« j>roo*fciy 30*5 y.c*\t| r,*wri* . The ?ecr*t ry of ?hs T rt**»ry , Tfc&it* yvu, Boator. You fc^T# next J u ^ e F i*i4 , I think, tfr. Jud§« FIal<t. STk'tTMTKr OF ALLFtf t . FlfLD* T >.$ £eo.- #t*ry c f T fte? T r$n su r / 1 ^ i X i y<&\i I v«* ux c su? r- tlon fcr t/ic reaciat ¥ *• F I * 1 4 : Attorney &t X*»« T.*e £©o**}%*jry c f Taa T ri4 «o rft K r, Fl#14t In pr Ycu a * / p r e e ^ d . to * ? $ * « ? b *fe r# ycur b«Sy I p repare* ncfrfthiRg- ir s&Mttferlpt, cf ta# 41 <»««*? « i e * , tt x ttic p £r£*af t it *1 11 Cj?4>rs m tb .t it it? -«i y*rt I e&a * * « , by th« I * tn>t »X£n£ tius Xi?>*«* i.«air:u • & f yre* * a i * * ; fcut tb? dl*CU*miOTi *# t#XX ■fl&giv* »y ttfrr? el< • « • (The recsriveu &# fxkltolt rrt»#»t*4 Judge Fialsi ?s« receive** J*v?iu&ry &4t&,X 14, &j*i i« *tt*0to#4 i e r s t c . Rut 6s9»u *e cf the fri^utfit, •r a l int*rpcX *t iei*» t.n« * • & * Ju «#t cut as f o l i c * * : ) *084 * * £ * i* m Ix&li,* kr« The eeleetlcn of LI not in s,e & Federal rt«ejr?« city uftd*r tfee n<?* barking M t # H&nlly fteet* ever ire^ui re sent ot the l a * , »n<i i» in tfee eXo^e^t fe*r*o.ny *itb the apirit of th* enacts-?rt. LinooXn i* net nc* t&e lAr$**t city in perul^tion within any p r o c e e d F *d«r*l iiU t r ie t , %h*t * i U include the st*te cf ¥*t>r**ifc. So if thi* fceftfliH eyiU the ftonelueie& to fee reookiNi <*•«• e tc a*f «nu on tit* 3u«-*tiOfl cf ’ #&©*li^ of population, why it «oula of oouiat nev*r u occurred to the fo^.n-i^Aion h&** given Lincoln <* h i r i n g , freeeuee the *t*ti#sic* on nenc *caid »ho» »e Kre net the l&rgeet city in &ay possible u iftrio t. The *• **e touM be true* if f * *er# to take the eaiunt of b»nXlnj$ t u 4 n r ^ — %h+ w sunt of fc rkim capital** cr tile &*^unt cf oo»«ier** tfc^t |>e«^e throu&fe *»i #tor# wltA** ir oar lia it** Jt i* apparent ano eelf-eel ient Mfttotfcer title* within any aietriot ciad# J?*bra**fc have £f<9*tor ooffie*5rop esd gr<t&tsr fcan& 1s-ci lit lee« *^c 1 it tiiut tiicr* *u*t here be*n other conaiaeration* in the *ind of th* Co*»»l**io|i when tto<?y concertos to *:i** Lincoln a. b< rififc • Th* Secretary Of The Tre^euryt Let *e *&y th«re# Jua$c# ftOty A li*n F i*la. tfcM tr.o a®iee* let. of th« eiti $* In hearing© »ill &** *laqr iy £*Ig v .* s?.#«d shelly uycn % &$«lr®/to t«.k® points -^Mah wgr* rt&tUly *®o®£*ibXe tc- tb« p-topi® *ho eight <S*«ir® tc b* ke&xaj *.ri tb t it ha* ab*?cXut®Xy jic ai^ri fioanoe »h&t®var» Thin Is- ?i ocr.v ri*nt point* for ia«t*ne«t tc baar 0**ha ana Liaooln, ju*t *♦ Kan^a# Citysa* * oc»nY«ni«»t point to hoar roprea®?*t*tlvti6 ftc* many pl&etit, ana juet a# Houatefi* T®*&*# * i i i we* But it uo«® net Jt»a*a a tfc« Iwply that the {tomtitto® have pr«- in any way, or thf.t *« haw® ®tao* Uf our *l!id* 9 to *h*t cu ; Lt tc be t-h« location of & b*Rk. ¥r. F i*ld : F©| I * * • ret fca*us-’ift$ that In &»y *&y # tir. r®or*t ry, ®*c*jt that I *a® a b u sin g that th&y baa not rr®ju& ®4 it again®* u». The Secretary cf Th® Treasury: Absolutely net. Th*t Its kb*olut®ly true. Ifr. Fit 14 1 to #hiob I u*. Hc% if it was tc be ftotorttift^d upon th® Xlnoa ju*t r®f®rr«d, you au*t pr®a®ter*ia® it against* ?o »® think that th® Qa©*tion cf population is not involvad* io$ with In ooncoction «f/tfe® p t t r cf tfc® popui <tio» in ^®l*raii tx.e»® <|u#*tiOB® «e tfcuiu th® C0Mei«*i 0B tc b**r in aim* that aa> pur®lf agricultural region n *m r ha# prstfuoe* » Ail*n If, Fieia. & t oityj out &11 tbe large aitias in poyui&tion *re *i ' : »<■*■& ?94 fe:-v* fcssn, Ml I Ml ■• UMt | Kl na I presume . •• . ?,^r Ijn will be, and tfcvt a £ur*ly atriouitaraii. country doe* set *rodtt«re tfc<? aggregation of population tb*t ©tber fcln4a t-Rd otb>*r countri** nn3 other condition# will prc3uc&> ?unJ this* is M t u a l * tfeile tb* ?<“»«*▼«» of an agricultural dietrict #ay be a* great *na U ir production* a* l&rge* their bus in*** i-* important, it eoattari* ot r vnet reficius of territory r*u esimot 3<m» gregate within a certain point all of tbe intsrreats that rc irolucipa within th^t region. •Under the old banking i&w the £u*po*n >ini e&peritmce b>« been to collect ?md fcold the fin&rtci -U r#«oarne» cf the «ountry in iargn c itie *: » ._r«»t mcney ©enter. to nntabliab and aM ntain Xn fra&ing tne p r t i « d law strenuous efiort* acre a»^e to incorporate th* i<2e* of on$ great central fes-nfc Aft«r a thorough eoneideratIon sna discussion this- idea sa* rejected and in ite *ie*d the plea of regional br.rue ana segregation of banking capital and resource* %depted • It in tfce pur^o^o cf tr.b n<?* law to »ake equally sellable, tc a ll eesticn* of t^e country, nc to all '» • <s T iller, * . r»«sU. fiR^rcia.1 oat>, in$ ^ H - r t u a U i« i ;-aa faeiiitiaa* "Ir< h^racny «iti5 tfce ao*c antal aiatrJbatiaa to a i 1 «, isi&tior, &.?* *?eticru, oontoapifctec i» tfcr flm>&ai&X tfe* 4X*ooap.ii a&«<*iu$ tt'it ir *9 boon r* 2,1 %%t<l nsi a-*ay n-re tfc>*t •'ili. foiic* felony the- Unsfc of aOoiishinf artificial U i l io r*tes M i arraagm M U k l |fc * efclafe h * fjivr» tc roirts losa**d ea tfc# ItlaMfuri Ri v*r uftitr&rjr, Oenefioiai r&te* s.ad pritrilege*, *hi 1 # r&tea to irtsrior point*, fret. east, hav« fe«*a a^u&lly %rbitr*rialljr f ix«K*f at tfce Vi»-xcuri Rivsr rate* pi*# ioo*!r*t«n fro* tfc* river to int*ricr point©, and fro* tfct *«st th« river rat* plu* io«>-li rat«?« O'iOk • ” T&«*« oaaultiar* Have aaer. toe^-lmt roaeaiod ?-»a will to ocfer^«t£-iy o&*ag*d until every ioeaiity aavantagat of ite loo&tion* i f.ertande K« v# *112 an^cy t&* natural Different relative tueiaee* mi |M>p«l tioft ffil* re*ult • * $ « re rat c<'tkin& th i.. acw»pXaiat# aia* ly * - aoa- fi& in t , but aor* 4+e a etatfaent of t&e eo«4itJoae under ^t.iah Lincoln aau f t U f interior point a fe*ve >tt» foroed to &r<, *, ilea a» affooting tfco population # f tfc* U U | l i f tc*n*. • u “ -“ frviia already “ *,r " “ ■* “ •“ “ •“ - oar tea tea and presents yot* * population *itl*ir fti tfte territory b / it* strse eer# of b-*tt«*r 60 %Jsd 70 t:.cufc*ntf yopul t i e r .* Of ec-urA«# tfcat *t u ia ia tlw le C c U e ^ e v i< * . tJriver^ity Fi^oe, v.aat &* I within %hl* ens eot&smnity . •Tati l&w r#t$uir** th*t *£ l# tr l$t e >L*il cs, £g&f‘-£rtitmed with uue r«g«roi tc t i; ecnreniettcc *>nd tfu*tofi&ry ccurae of jn e * « *. " The map* U liiM li omrefuli/ prtg&rei i%ir* been w w l t»i *na pieceu ksfere ycta *hc* ho* fully toUii ec*rie tfly Lincoln Ktettte t&««e reiu;r<na#ttt»# beta a* t© ?,*ii f a c i l i t i e s -.ik5 eccwairocL&tion #? t r a v e l * 9 I tnmk y;>u *cuiu unie*etena tfci* bett*r If tli*#* fttvj' haa b**rt espi&lneci Tpricz; &ut t&ey w iil bt expX&ised ;a renftf>r# sbowir# ta** different sestet* and h«w free all the I • ft a cf Hjsy aietriat t>biofe *&y be K-xat, the *&$ X ffeciiitie* ill £C to ar« frcis Linecin tc tbc$e feint <& no %r%v#i c * ootse tc &n0 r.c free Linctin; fcut that * i i i epfgAr, ^ I i,A net unu<$rt*ke te giee &ny farther time tc i t . *Vcr« tk-n ninety p ;r cent cf tb« n&tic&al &&nk* in Hebreuk* *e«r * • « © » « ! « eith Li»ec xb Lincoln * Federal rs*erv<? city * $ « ! & course cf teu*in©®c*" that autkin*; fol*c#i«g tie cufctoeeiy 3039 A i 1»» * . T&« Finid* cf ?&* Trtsaaujryj Oft tfeat polot, JuUgs, i*nt it a faot that a»ny &oi<? S^brn«k« fe&nfcs k<e«p their ^ c o u n t s il ir 0&**ba -rc ir Chiea&o tfcaa in Linsc In? Vr* Fic'las Wo*# it ocuit not fc* w*rf ta.ny »or« in Caafca than Lir.ocir., bs*o*u*« we Imve oir*r 90 | r o*nt; cut *« are X .?i f«otl> *ii,ir. tc oonee4« Xb\«> ¥r. on*r. -iuat th t tfce aajerlty of tfc# baoke that we I pr*- «ot fe*.¥e in iinociji vre in G**&& &&4 »e«>t cf t a t if not &JU, ih/t ■ •'■ « fchw« in Lincoln have l ft*!* •©* ?«apoiKl«nt8 in Cr.afe* &nu ke<*p tn*ir aooo ;i*t* t k *;e . Tnr ^c«r~ti*ry vf ?r»* T i ^ i m y , fir*t, M m l t C«t.afca, for ln«ttnoa, rsj hcl<i* th« ft a tfV M of Hatioa&l bank* tc tfee extent of about {i,*< , • 0»»h» feta | U | M I | ( : »o ttal it «ouid appear that tbe suwtoa®. •( ( p - mi of «x#&ange«# f t isfctft, between tfcs b*nkfc tributary o^tw«»n tfc**e t»o oiti?x*f I in aore to C*»,ha th*n to Uoooin? Hr. T lti&i So n a tio n Vr. Tst; » s about t h a t . I uai«r*t».r<i you tv #\jr tiv. t Caaha hau rodttiwe to %tp extent c ( * 1 , 44$ $& M0 *C€T Tae Secretary of Ths TvefetWJi I Mi Mr.- >' * •' : ' «. , The Secretary «f ' ?r**>auryt I® •. I • Lincoln# r• An | i i t€i*4,00C.00. * Aiiufi w. Ur* fi Tilers? wouia &« rjo jMturpo*® *.ru rc lcWfttiei* to ccntan* tft&t Cs&ih* JE&6 Rot «¥|B & X&r^o* bvL&Xvi#*»$ fcffor* in wur o*r. «t*to, tfe^n Htsotifi. h* V* only *K«*p that *« fc ■▼« teu*lBftft* OOR.fi#®t ion* witt *© l» tr i: * prroirftt to clc# that it it p«rf?otiy foxnibl* & m Ir th# lin* of or^itury trade, *r oi*«* t&oy would not fc« doing*ith a*- »t ft-t thi« t i * « . How, roftrring tc tft<s f&ot * r»>?. *** sv a c a t e d , ysu sty act id ret CWOh,v« aho* * i&jrgor I l o*nt. I thick Tt-ry 11*$i?. I ;t® act &R **|*rt %>r tts&t ilR *, tout I tteiRi *#ry liie iy . I tfeiRk p*rh*pe Mm Y&rr *ou .a Oeftt 'teftaux* t&* ts-R^en«y »r e^ua&ly l^rg© &t !~li ti** •• tR* ola t^r.jtiRr', &ot to ORBt^Rtfftt* %&t sour*** iR t&* oeBtral cities; atfld it It ac&oti? th* h m of tfe* tfc#oryf a* *e wfarfttotiML < t th* pr***ftt la*. H Tfc* 8 oei i.tMy c f T t * ?f a^fcuryi t & * pr<;**Rt I * * , yi?v*R t ffcir tfc.««»J7 *n« £-%ifjr*a* cf J-i4gfc, i « ,i m ..u->ctlen*bly, tc *fij.-«rat<> kr<* tfc»> ocnoisrt.&t Icr iR e, fc* citisx* h^% h *r *t o fo r * \ b*t*R U u c **; *Rii that i« to fc* »*<»cag»U*fe*4 ty tfc* yie*iR j>rc*i*ie«* of tb* Aot, s>«4 tfc* alTiding of tJbo OCuRtry iRt© act i # « * tk*R 8 or a»or* ttoa 1'- a i a t r i o t * . So*, ct08 t&* aiatriot Ss^a be*r. 4eoid*d u.?:©R, tfcc? ___________________________________________ _______ * £031 sftkce It «$m4&tcr? UjH>» thii? tfc looutv? ti*s . <*r.& In tfta* district c-t $ i'vist *fj*r<j th«* su$ios^ry coux sf «sii &«» fetut *ubs«rv*tf th* «t>n~ . V "ieflOe *111 r e m i t . trio*, ;*nvAr.. Fc»f tfcs *oui3 b e , the 41*~ bs#» l c e a t # i i « i s city la tk&t 4iwtrtet wouJti w*■ tn« b#*t for t&»fc j>urp<&*#. / fcr. Fi^lUt Tfc&t u the piirpo##. Tfte £*cr$t&ry of Tfc^ Tra&teur?: Vr. Fi*iij Th*t is *11. «<? tfc t itkafi you una•¥%*£• to ••t « b ll«b ■fe t by tfc* pmtent bu«ine*e I tfcinfc you will ssct ••ta&Hsfc scr icor.tai % singl# r«#«rvr' ai*triet »fc«» tfe»r« «<m*4 fist oilier cat*la« q£ t ie b nfc« pir#‘f«r cf fcur tfi^trioi #h*r# ft 4 & 1&$ tu si/i*** sitfcir ifc&t u i « U U t tc be? ecrr.«ste& with, tk&.n *\ o *;t iQ n * or tlaat, &t #&tur»e* «o u l4 fe&&* $r *ny ©it/ *. h*t ycu c .n lc«Hte «itfcln tfce a la t r la t . rJ r. Imrgex p*rveni T h *i* *eaid be F r tofcfei* S-.n ff».n*l<»ec '-e ■P^ifykk in*t*cae# M i few Tcri for i — tfcf <*»*$ but r * l*e St .Usui* snd Chioagc. If io©'-,t$ a b*#fc iR But — *euia fe& the #*teat. cr.fi of tfcfi r$**r** fc*»k* — t{K f« is do q«*fftlo8 fcut *b/*t * m&jerity of r k* fc&i&lag c o i t a l iA»luaea 1b «ny d istrict t&at It i* pc*<»ibi* tc B&ke up Inoltidiftl C*lcr*4* *vuld j t t f * i — tfe« &r**t fcuU ef Ifees* — tc 4c feueiaet > with C&i<r,?o tfeftp. with Denver. I tUiBk tb«=re ear &© ik dcubt about t b *t . The Secret&ry cf The Treasury* :<x ♦ Fitfii: W&y *toid that b$ true? Because thet i» tfeo bietcry ^r.a f.rowt^ &&d oc&a&tion of butines# for ec lorn-. Tbelr relation* bevo be*» ectfcbilebed anu it elil require the %«?&riag sr of eld r*~ i^ticn*? -nii t-fre cuilditt# cf a ** tc »Uto these jne* ► Ju*t >..* in 7cur be&rin& y«etere-vy tit £*n «u» City it *?.* vi*keu he* about 0&&no oaeing tc gene** Citjr* K*-n »o City of tfc<s oyinicn tbet it ecuXd be & *ery dooiroble ocauiticr.; but *bot you asked t&n-** City fcc* they ecula like tc . c tc Gsua.^a, t&ty *iu not r e se n d • *roe*o*.t eitb your ei«R£*eticn. Ot ic. i in t&e etat* ebeerfui Tb»r®culd prefer tc £© tc Trw / scu~d prefer tc •;« t- Ft •Lcwti .,t? » #tfcOju..* th-v1j . .% r.■ ■turr i oc*retitcr* Th«y h u U net, boeo’f'-r, want tc go OUteide Cf tffe&t they OCT I |9 % ;* i l l U i M cf tra4e. And yet you *M 4t eotoblieli rooorve Oitie* tfcot * i l i require ir> a large portion cf the district * ccing cut a* tk« crdie^ry iir.es cf tr*<ie a# new o#t*ili #be* . TJse Ceo rotary cf T*e Trt^eury: &to«t t b t t*OiU*t ? * i l # there le nc .uealic* bein* don* aitfc reference tc b*&fciag osoUngeo, tble ne« »y«t*f* U frcin£ to »ebo % very **terloX and $ 0*3 X v .i /.it -T:.', i : r ir ' . %% * * * J A fe* * « ? * ! * » • * * * perfectly u*el**t for *e$* of the (»U1»» so* ha via;? r*lc? iane *itr* Chie*$€ tc la*i*t uj'-eR tft* fc&iftt*asy*3 * of thcae rel&tSean a eeveraree s f * 0# * of u*e tke law r*nulre* but the jurpois# <?f the H * i* U reletisnej eet&alieh tfci* b^aUs* lr. such * e&y, s* 1 **la befcre, Xi> a u t ^ z ^ ^ is the *&rge*t oe&rer tfo* ouAtc&ary et>ur«e of feu*i»ae& then eUhic. tae ai*tJriot«. Koe, the poiRt the Qmmitt*e v-^id H i e tc ii v* Lincoln swdareee itself tc i* this* Th*t i i h* for iRetrace, th^t u u ge«lr»fcl<» tv h&ve tt'.a territory yea h&ee i&Xa out here in cnc -Jistrict, tfcer the *r&u&ef)t * * *&at from jrc-tt %st to efro* ♦ . feat Liaa^In fc&# mipsriox etfvantiiges wits reference tc tr« 4 e cflH%iQR» with tfceee entire tetritcirf* tc the** of na/ ether Oitic# • H M r , the ^ it t r io t , U r ta? i t ^ i i o n 8 eee*v« ftMfcf heo&are th-*t I# aetereifl< . of & f * 4 er*l *$h « • an*#t ^ . th at, of eour»«, you e*e,«fa&fe, * « $ * « * *e * reiatiene With CMes-. c.r. triat eeaXd to- upast frc* Kx. F ie ld ; Cf ocur#e, ■ aee li of t. ny po*%ibl# Chlo&^c Dx* tr ie t. th *t, af n*C€*#ity, fe£iR£> iRte pis./ largely opinica *vioe^ee i?&«<s3 u$>o» whet * * * f**ate the 8-W4 b« uhc-wn• It is fears tc twXl ss&s* -« tm &e n&if £0e4 to CM sagc, «ii*n fots^S fey tte# scr,\U t <cf-^ of %hi& ntw fc^njK • y«twi6 to ChichiIU /•,o♦ Tr^ P*3t*t*jfy or ?&* Tr«ft«u/yt MM* It is not iatwage* tc £ iter tiie eoar&w of t r *4 *# toitte &it*r the eour«# of taw axor.ftH,;.# Wtwewn th* fo&nfe*. Yc-a &*** thwre in no ait*-rut U e ir the oourscK of Xraae ir; tfe* *f>ns$ tfc%t you r«f*r tc, few, ?&u*-6 wn&t $C'-'9 to 0*j&fcn end tc LiraoXn now *XiX w&ntinuw tc , o tfe$*'«* Cattle #1XX o« *oX<* in &**&* and Lincoln, i • ths-t i« & a&t£i* Market, ju*t *>4> fcwforw* But r* *»i*j iy £6la$ tc hold t&wir r*««rv&ft *na 4e&* wary Xa»rs$;*ly *itfc l*.'- o-n* .n-^ rwdliocanting fa eilitt?«' Sc t-.it pel at cf dcur*e J* to XcorUe t&~t fcsmfc wh$r« a* fcs a > june* tc !r»4« &n4 o©m»*Jfww within tfe* 4i*t?iet it *iIX oe z.--,i.% oor.v«aiwttt n£ will *»*rw* it* ^ury-Of*3 in i no bigf2i*ftt awgrww. fcr. Tivi&i If aonditlon# ar« t< reaftlr. with t%f4»r#n*w to tf id® "T.tf oo««sr«© ft* tfcey ar* »©*, t&#n thl* ^uw*tion fewo^«*& *i*j iy & tttaitiot of iavaiti^ it in,; *fcox* tjrcui* i*> new, n 1 taete i* actMag further to o<? ooaw, **a no wrgiswnt 1* yu3e**&ry« »» i* *« ftiaoriy * ®atv r of *o*pil*tier of fi u r n gut t&* country http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis _I _______ - y, I tfein*, $ l d « * tfc&t t&i* biJLl * U m s A U *r t fi*X«U enult net caXy in t&« r*F.4jui?t©&nt cf fe-.isjs.inf.: f&oliltie* out tfe&t th*£f> *ill *l«c fe« & rft*6j;a^tf-«*-Crv of tr^a* a M M JM I M M M t44 M . * e fe^r® tL* f^aiXitXo* in taia 4i«triot to t If •***• of t&* cf thife ulsiriat, T thlmk timi fery ftafcuraXiy tfe$r« *Xii o« • a***g« III tlto# M i M i l l I H l t l t O l i Fcr ife» «t&ca« t?i® o attic *&▼«««&% is tfe« *cutb*ra part cf t M * *t t« I * la-r^ly tc fan aa C ity cr S t . l o e , fe«c« u*o ttf#y wa aX»*y# §®t *e»»ay a m w m e te ' ■ tr©« t W ffi i ffcat i s * cut V ; a yt 1fcoI r fei r -=%*ca • Ti*9 ?*orttv.ry cf ?h-* Treasury* D< at they go tn -t i# U * ti .;i*.«t *fc&r& they orr * * i i their It'r, Fi^ld: 4tuff? ! > & ,« ! * , it In tan? it&rfcet, Vtt&u** t&#y }*«** ».:.' f .r.>:/. fcare* &<»***** f« n l | | I &i<: .uetrat© cur M l experience U | fetid a fMfctlg fec««i« M i l ilUtf feer* * w r® *e ii llet* %ti& tott%6b*ffc6 &0**# -*1*4 eattX* **- quit* ft •ark et; but cf tne c*i>4.;Ue»* te r&l*e **:*!&** cur locality, * * *e<r# itft&fela tc ocspete altfe mtr* faTorafely XfcCi.t«u to<*n«# net b?Q&u«? vf cur **tur«l U*fc cf fa*er»frX* • o r 4 H i c r p M l b*€»u&e cf tfe# <urtifioi»X ffctK&it icr. * • W*a tfeeee ^rtif iciftl condition* bar* fe«*r. ri*e**3 iargeXy, au4 ^fesn tfcey art r«*cv«6 in tks tonkin; feuaiftft*** *« thin* tfe&t aH W* Flsl«S* w hile toasy « * fea** n© i l l ti* ve can; ?*a jack* try to tMn'K that oarlo*j.« of o a t t l* and train lo 4 » or he; « tUat &© 4&y t&rouffc our oity to tfc* «&»t~ *rs t»*r&«ts, wfcsr. * c &rc *e ® e n $ m i& n <94 th- t * u- 33.pit&l U plo e« if# ©an »wpply t^fce e^r® of i t . ^ 1 X 1 si<*| h^r?. — it# n &tu r^l ?c tfte <Sfcr;6 it le a * •-*# t t««f &rg to£.»./ &r« not t&* ocn— c.it icnt un4 *r *hich *&ou~ct be a o t« £ * !& « & t&« Icontien# cf t & * i tifc* for tfe# futuro . Anothur thin*: ri^fct ir? lin? with th&ti ft • i>c«n s ic nr; »#at lin*a# Ail of cur tr*4e Dr* H &ii ha* -sa^ «t«4 , but •*<* &r« <Jor«lfcpi*$ u»a opening snc-thar line of trfe^e* and ♦fc», Granin;; uf tfce Pan&n*. $&wtl will l*rg*ly inore*»e tfcot iX m * Tnt •*Eport» from ifcl* great *griova,itur&l aiatriot iii U* a ft&rfcet *cutfc a* **ii 'tfe $:•-•<«1 . Our * re a c ts aunt furts^r outlet* IflMI tfc« tialtwi t i i i gc Thuy through t&o h r 4 « l £fctt*l »ni *$11 go through the Gulf cf Koiloo, *c tftst *« * tII have & trails *«l&tion north ni south Ofe #sl~ &*» ffc*t »#*% in I M t alstrlot. *e think tfet Li no*-In i* r*ry hftrpllf loo atoo. to *oot tfctt *o*i*g tr*ao. Uiink it i* th* natural area* ro*** for tfci* n^ «oot uni nurth *na *ouiL traffic t&ftt 1% oouna tc o o k # http://fraser.stlouisfed.org/ to tu» Re**ita*l Federal Reserve Bank of St. Louis B -rJ» t^ t Id loo*tod in t M s district. i037 • A i r * i n l&r^aet, •w ith er* fruits M a v e ln i# on# of the attributing points. Large *hi^«mis. ©f i\imb*xg vc'-’i , qk&£Tix , o i ;, s<, brisk, — a.-** fr«& t •-.* soutfe. M*itt* «u r airiauituxsii prcctuot* e*?kla& the s r H ^ . U i m&rket* ta* north **A ecutfc tr».£# tc &na fr©« this F* 4e r*i D U trio t ® ili *;ro* in i*p$rt&RGe -?-na efcvulsi fcs acft«i6sze&» Tc a*&4l* t'&e fee** i *.-..; bu*in#*3 f r y i n g out of t M # tr*&* n& Q it? is screen* t l / i<&&%**&* wT & i* FeasMrr*! Bi«ktri£t tha.t eu* i ^e *»£« uj in *cce »&y fro* turrit cry frc-u K*bra#&&v X* n-&<? # !«.*•«., V i»*o u ri, Scuth Xtefccta, teont*naf tfft»iRjjjf. cTfcrit«.*l*l&<ly Jic Otalera&o *111 b» cf neo***ity *n h i io *. tur U A little c* tfce Matory ef i^ .in e ** In %r*1 growth of the a^rioulturiU *$fit® I t&ittk ^ U . net bor<* your Cc&siHt*&, fceo u e I *m> inkin t? iisttfict". It ir IC-yr^r-i^pv. in.: ttext the i*£©rt*n«« ef thi* «t*te *£ rim iitu r*il| is r«ry great, ?>r«i thle et&t* re^reeente largely the eonm ti*?i* ©f t h i4 a i*t r i«t whior h*e sei»e inte feeing fr*etic»l£ y *lnsc ltfoO • na Lk# be«<ufe* tfte yr#viua*r of & * * & l t & th*t ia not i»t in a rery fe# ui t&e a ie trio t* th&t yea *111 t&fcli*fe «fe#» yea ac*e tc is y eut your * # * * • I h*r* & u#t-.-.ile4 3036 <:■: • f V f i i g t i of the K«il f * t tfc# y*&* I H I • *^M 1© tTi« pr*ac»in*rt inter ©at Is thi# F#4er&l district wii± ©t a&rJouitux*}# it is that int?*sat »M©ti ©a ©oiuia*r©d in Un<* fcrna?..tier* cf U b • vu taxation of tbe ?*© «r*i r&*trv * c ity . district f©fer*-*k& «t; nd c\it prominent Ijr &* s. r<?froecatati*© of pur«ly &&ri~ ouXtur*** ifttvr«*te. I; . :.^ pr&otio* fcinir.* It* ft nuf-'Mtt•■ .»*•ittg iriiitr.»*ts *re Sn tUf.*ir Inf^noyt iateraat*# Its a*, ri cultural inters**® cay b# raaliaad only by & *ca»ld©r*» tier vf its growth &fw. the vciu&e .na ?alu# cf it* prcauot#. Urbrabk* prouttUuoed ir, iece ItfC li:?€ £f0S§#03© fcu*keifc cf ©err. 8I>7#6£$ bua&ti* of fchsat g$#S0O,OCO fcueheXe cf ©cm 4 #3$ C #30D frfc* *»<*!* of *h<?At 1 5 e€ 1 0 1 , 1 2 0 ,0 2 0 ©usfcal* of ©era 1 7 , 4 0 0 , 0 0 * ©u^fcei* ©.f whe^t 39f*,50$,0C - cf coxa 1$*303#C3C bu*fc©l* cf 190* a49#7 W ,5 0 0 tu;>toei* of ©era $8 ,a S 8 ,6 $3 tyaafeol* of »a©ut• $038-* Ai.<*. W* F*i &A.& figure* *r* *&luabX« a* * no* lag &b«mt tfc* length cT it feft* tsfesa I«br**fc& tc ferifig her agriculture rs* scure*« tc til* r&int t&*y ftc* ixe. Tii» v-^lus Of the &^ric\uturi product* for tn* y**a 19X2 given ir; «iut f©r t&* f * * i * x»:0? to Xfclf; I n d u s ! * * ,i*usir bulk, *r* *& g* is fey tb.® fciiGuin t*bl<-'*« FROM THF » 0 I It I * X9X£. |£4,e?$,Q0O Corn Wheat 4 7 ,M B , $00 Gat* X§,747,000 H*y 3 £ ,7 7 8 ,W $ Alfalfa 31,§18,490 £*rl«y, ryn **nd o&n* Potato** 65 2 ,0 0 0 Her*** I8 ,S 3 1 |1 7 S Mule© ,,7 5 4 ,9 6 6 ’ C*111* Fcultry ‘ ,077,50® 3 3 ,7 3 9 ,§ 8 6 *&&• 3^ ,4 50,2 0* gpgl 45,930,406 Dairy pfcduota 36,5&C,24© Seed. Apple* e.esc.340 7 *37e‘ e6* 20** Aiittfi s . Fi*ia . onfming product* $ ,2 4 0 ,1£$ Fo ? & $90 Miner g&rdoa Mia fiei<i crop* xa,4-35,i5& Total production 1£1* $42S,$60#08C itU 4 0 O ,U t ,U O " 13X0 4 0 2 ,1 4 & ,» 3 6 • IfrCS 4 Q & ,5 7& ,0 6& * • 1308 361,451,012 • # ISO? 363, 372, 27$ * In 1^10 ha4 1S&,67S f*r*e*, &n iacr««e« of fc#iL3 or 6*7 p r c^nt c w 1$0C* l i l in c l * afto** & icere&ee of 4 .6 prr c*m» in the nu*feex of t*r&* for the- s*»« y*rloa: Io*?v S .I f*r e*Rt increase tCl»»eurJi 2*7 per o^nt inor*&*e Uir«r,6«ct» !• t & a *** £«7 per sent ittore&*« *iscu n sin 4 .5 p$r ccnt increase p»r c*ct lnor**is« Sefcr&sk* leading e^rry nertfesrn st^te in tfc*js?r cent of iccr aie cf fcer f a r * * . During the o ten /ear# febrask* ruxsl population *ac** An U a r « M « cf 7€#fcl5, or *n increase cf .i).6 p r a^nt. For the * ^ e period low* enot* & aeorense of 7 ." per c*nrt Indiana ft aeore&£# cf 3 .1 P&r c*?nt * deOre%*« of 3.S * « http://fraser.stlouisfed.org/ Missouri Federal Reserve Bank of St. Louis oawt SC40 A Fi-»ia Illin o is «r. cf #1 higau *t. in«r«feM of • ' ”, r C-:Rt &•? p*r o?*!>t K&&6&# ar, iMretjtt of 7.? $k r ««nt 7#r f-ojr ««nt NeOr&*>ka in pcful^tioa *!<»«• l«tuU&£ %1* t>ihvt *%*.%** is t&« p*ro#stam* of it# f i t r t o t Ml ffturt popa1 stit s . • Th**a things I .ms- osilir^ your *tt ration to ©?*ly tc si.ow th* i»port«u»9« of ti>e &£ rioultoral ist*i*#«t* in tfefcfi iiairlet ?.jsu s*jscia4iy tbo MgJ* pi ce ss4 standing ii;*t !fefcr&«ka fta - 1 fcolci in thi * ai*triot ** r«p?9»9nt*tlv* of \h t inauistry. •Tft* t^iu * of agricultural * * * l t & to 1& 1 0 , fro& til* awur* i» «J*o*n by tft# ftfmexri t » b l * | 1900 oy »isi$ft it «$r«-ftr« th t B«br .* * * in i f 10 ht*A r t * a &«6 the fourth plcoo in v*ixit c; >.-.*• « j* r -auot • na aft in?r-- ..*« curing tko i -.--t ieo%u« of ! ? « . ! $•«* s*>nt, outstripping th* ^tfeo>r »t&t«f* who b v« an equal or £ r « *t *r Agjrioulturai *®*±tk llU o o i* 1V1C # 3#fc06#3.£l*O?S> i c ,., j,?4S,aeo,o44 i t* ;4 » 3 4 i ,& 4 t ft *** 3 #SlB,*4ft,ie4 W 2 t4?S,373 S#076#»ta,€47 H f|IH | *«ora«k& i #e i i #5 i4 #3Sii i04«s 1 ,266,168, i30ift . a 2041 k X1 I 1? » P1 • your Rtl*ntiou tc tfcfccs f w t * *?iv#ij*g the grc-umu for th* fteognitiefi <?f tLe a g r ic u ltu r a l in t *r **t m u *e sir« a«king ifcst it bt r*e<c$aiscdt fry choo&ing cur rs-^rtr# adapted ana a* ofcp«*ci«i>iiy £ $p c o i& Ily /r c p rc n c n t i»g t&*. a ^ r ic u i city frca cur ctat* and t u r & l internet# cf cur st&t<3, *c present the Q*ty cf L in c o ln . •The r’ig u r ** ^ n i t & b l«c fir st given relate largely to th# p r in c ip a l crops of corn .no Alort cth r lin e * * t<*in$ ecu 14 &<? & f;ue n u n i l y & * faver&b l* fcr P cb ra *la . Ir> tfc* it«c> cf fruit s ic n * the a#velcpa#»t of the i»a u *t ry hr-«i otwe tc b « & very important c&e for this«fc&t«; 5 na tiie output exceed© ar>ny c f the et^t*»# tk&t nuke their p r in c ip a l clfeia^ as a g r ic u ltu r a l « t ^ t e * deinmuent upon the production of ap p le*. QAfi . - But to go in tc a aor* exhaustive shoe in... wcuia X# etateftCfet b*f?- I 3iCnafcl* Ic&fgtft* It i* ftpptriiti th^t ffefereefca «ftOR$ the leading agricultural «t-wt«« cf the tfnicu «n4 that a recognition cf t M agricultural interacts *oula fc* g3veo oy placing #itfcir. h*r . er* onecf the Reaerv* ?• rAi:, irduntry er sjual opportunity with cth r in’iu?<tri «& to prc** <ni3 e the f in e n c ie l & i 6 thftt at i. *a*ay a re ;u ir * u In It iwmi4 afford tv that ir. th« c e r ta in *c;*aren« c f tfte year harveeting n l t*ovl*v or c r o p *. tft« 4airy bi*in»es it fthtfuid not bs ov rlrokad th--t ■?'043 AI '■ f • £143 Lincoln 44 the orig in al • of xk# largest 5re^s#ry lifthfs^at is t & * ooufitry; *na tfefet I t * Ou*ine*s i n tfei* line it r:ot 3i » n a . ? M M &. *ia ^X e QOB^ftny, W t «g»ity otfcv-r* uoing at tfce ju'eaent ttft# fin£ I M i M&ttTftl &MNI in L in o o in .p 8 c*, it i* true tikct « « hftYe &ut l i t t i * ir R*&r*afc& in .•the ninintT in*a#try $ri*etio*Xijr out a <L*ttu/$oturiB£ incuetry* future; out * « 3 •Aftct e ^ e o t per^ent^ge ? & » Xattetf *•* fcej>*> ror in tis* tc eosp«tf? ♦ithrr witfctfe* atinin^ in \h$ * « * t , b«e«tu»3* «efc-/.v«nt %»y $ in » « o f ».i*y kina cp o few td f , « te hi*¥« nothing that exc .-pt * rioultur* i rrt.auoi*. I *e r e e te , A»d th*y are I t l l l y •Linoc.ir* 4 ig cut o f the ground ?>. h&ve *o*,e aanufstotur ing ll *ln$. within it * be* tier » # a- natural JuVg»o*th of her -. ricultur&i position, largft *iiiin,-. &n<J flour in? U c t r ic t * ■jjn>ln bf C&U# e of tfc# f ^ f i i i t i ^ l prvuuoin- in%.&$ na <il»r o»in# of tl.'iir «utfut, £»ko Llrocin tL&ii na.tar»4 fcbidlSjj ji ::C O . *fW H | of « • *bcit t U * t»> ' •■ ■ ■ '■ * ■ ■ * :,f *' •' •*■ »• ««fcr**ta h< » a«T*ifef »a lt« *iat«- **>«*» lnau*ixy It i« certain t h t tfe* & % r u f*e t u r # c f olcvtr >111 b< s. "Tfte rj-ir..- a u x in s*** « » » • a l g M b« rcr*s*«d ®f * il %" e * iils ’4 *■**•» * ! •* ------ ---------- ZQ4Z n «id a ctr:T\9QX«a witfc Agriculture. capital Tk&y no 06 &mi require **#* tk* f * o iiit i* # for procuring the * r * o tf >*Aa at 1ii« ti&o r r*^n tfc«y sr# tio$&oO# & 1X cf #PA$h &t$ #vaonti^X tc their prep*r growtk. " It i< fceXiov^i U fc&ve b«*t* tha purr«•«*€■ cf tfai^ X*» tc so uAbtribut« !£«■ fin^»oi.ai rs±^uroe& of tfte country ttet tfro- r*at interest* cf Agriouitur* oou a ^r,a would be fo#ter«r i sud encouraged *»d *4 sufcieii tfcat the Xcoation of a Reserve Bark in ifte eery he’urt of tfcia great agrtouiturvi region woui4 toe to t£e pragtioaX un^ feaeifcl* #*Y/pfometi una increase ihi# p &rticu lar industry. * Ir* con oXufcicn I ue«lre tc «*>, ti.*< Co;vi-i.* •• tor. if it i» *j4r pur^c*e of r-oo$niae# *»ong oth-'f g m t intereat* that w ill Vo reocgnieed* tht agricultural illifM lfl of t fete *U tc, that Kebr v«kat 1* boXdiro out a at reng bid for th*t r eo<: rnit ic n # tiut whon it Qc»e»p If it i« tc oc$© to Kcor*aka# tb< re i* nc » u t « sc centrally located, to of ffc^y/a 0* - tc ,r.c ! r c f , cr * 1vh b»tt*r sail ■*ollitiee. Ara tuteldc of ths fsot that #« *r<? net doing this buaneie in \hht U a e f I think thtre i* ft® shewing c^nfce fc^>de *■ > -inr t «u . Of course under it# condition* w t&*> oavc bean in -•*<* a 2044 ir« the tr* 4 o of ifcjU district |* r.ot sifcfc Lincciri, nwr i* it *itfc 0 *& h a # nor i« it sltfe & n f s ity par t ic u la r ly itU s th# 31 s tr ic t* ; i * t r i 3t s.*d it w ill It h&& gon# out -..o cf t&t But *by tfecuS that b&ve AJBy effect or fee*rla§ aj.on t,h* p rc p e *U ic e of #e**fcii#hiR£ a WiV: . it eoftre to the Icostlcn of a fcs-.nk, in a«t. the pjtao# *hioh i# tn« ao*t aooetfiibl® *.«c eoet e&eily *<&eb*a In tha ortire a iftrio t tfe« proper ana fit pl&o* for *ueft o o ni iO 0® Iccat^dl IthMJk you, ana %©uld «a | « j. JUU to answer *ny%M r.$ that d«»llr#4 . Tbe Seeri*t*ry of A g ric u ltu re You do act furni ..•ft such fcunafetlon ferp<M» I* Isa ir yc-ur preeoatfetioft* K r. F i e i a : get t h i* I Seat tkiak it eeuXd o& ft&ptt for *tArt«fU » £ * i a , but I *t*fc to * * y that la iS(.c * * icc&tra ia t M * o o u r t/ uj'&E tUi» £*#*t M p U f gra* * e * l t h »**a * t * t e , A voicei to • &o&««te&&,--tna I fc&*e fret * ftlldexse** to it* p*ee*£ *:& I tat *. v ee*lfcl«t9 T*.ct &r CTt4# i«t » fUvtr.t you ;st th&t turned idfettaU, Jua c? Ycu dent *t*a th:>t ye 4 at« it jr.e**1*1 *t • Vfc* Field s TJi« Ho; I ft?*- *.T» Oftialftt* Secret r* of Ar rioulture: 1 * i i i & **• to re*iad the •C4t A1 5 *. F I nla. Juit 9 at the asfinitJon of * • 1U •npi'.t* U > «t»tft»«Bt. £■•..<3 tc lire with o p U n lrt*. Vr. It sayte th&t tfc*t It 1* ttet ft® i* ©Be who b»* (U u g b t o *.) I tave liTod is th« Stste of Itcraikt *scng *„fc« «o*t p<-j»l»t«tBt .»t tf cpti*.lat* yea eiij fina fenf»h?r» ir th* country. (i»u M r . ) ^TATryri?? cy i , t , WfT?Li*o. Tha 8 eor#tar/ • f A |f1euItur>♦ Vr. Settling: I ** et AttC*t*ar*l T-f Tec. T .y 2 *»<£ aooouat%nt for ike «r'i the Baileey <toyj|.i**ltefi« t rj cf Tae Tr*^miry: Jtee, Vr. fettli®£, yu.u etate briefly te the Cor^ittes *fc*at yau h,nv» tc g&y itut the*** m/thiftg in * C i t i e s tc &p£*&re ©a , Hr. i -reared <;ulre Th t is* ft? intent, Sr* 3«*jret*ry. maps tlfuflty th*t i»e Cot&fcitt«f na t?« ***• territory ©uteiae r«- **>& • u££®**ie»ft tfcet thoy ccu!3 get fro*5 -^ r / g p ^ ifi ell j>$.rt$ endeavored, *c f%r ** *e h.^Te courtry* *e sca.u tna i « l r ft* »e fcne* tfae c«r 0«»# to grew tfc* Xiftee cf tfe***k*ti«^ *046 l. r. t im iw . between t « r r i t e r i c p . the *e«t rational ide** that *« ocui.d fino , having in yi^w, of aeur &e# the trend of the i(L>Itic0 outel&e of th« e*ti-«ee ^eet # everyone re©c?g.j>i*»tfc 1% to**ra* the laet* * e — el th '•t t &cU£ fc th 14 «taglveetion k* y e ee>& <* i i 111• uit presttaptious yet we sanx to yea tfc&t #e ar<s not to a*ct&te to th£ Ccm Itte* v« tc fcow these ais- jr trio t* *fciUl be out up, nor Oc we e?eii fe e l thfct *e ar«* uaelrou* cl ir.flue ming you. Our «n tir* ieair« In tc $!▼« you j*ucr. Acdistar.ee -e yea *i.-?ht b« iifc*Xjf tntfe ( I I I f.:4T«. *e hWPi « M U • M f tfctWtftg t; • r'-iirc; v I »| llti*».> It iy the cn* th-*t henge ner«. (The »ap fcere referred to by Hr* Weitiin* «-:*s aarked s x i b i t nuahez 6# r«0«lir*d January 341 , 1&14, an:i i * :. *.rev. i t, i, retum #a*) fcr. *ettii»ti i ( ng. This xwn« Is&aedlateiy around Lincoln i* the fir** the wall t M l l l t ie e re^cheu vit bin A s hour# — tha s^il free thi* stna re&ehlng Lincoln rithin tfcet tiae. o next s- , l i l i g ilM p a le green, ehc* sklofc r eacae# Lincoln i l l U p i* h o u r*. *on# Tfcet# cf acur . i oaxried farther to the aaet than any alaim i* a&de for terri •v047 tcry • Li-ftsc-lr, &ut It 1* jtt»t mttaly tt* in « M « & *u* >Uu-''tM. the scanner T&« a**t *sn®, baitig ifce plat, i^ •:. *.or« «&ie&&*&efee* Lia«$in in X€ fceursu The p-a# bius br/cnu in r?4 **c\ar** t&* U l * # wit&ift SO fccur* *»& *&*• £&!** j ink i fcoir* *>S'J tfc* pale grsen btyor.a 4". fcturs• The *>er*t jr? cf ffe# Ti*«r**ury: is th* estre*e * enter * point tlure, -uvy city cr te*n? Vr* w^ttXint; Wo* # ifc* 4V-hear *cne fcw&y out beycijii tfc* Ottlef cf £afc*d* ***• t^o-tftirsU at the «&y &«*©#* ?fee Secretary of ?h* ?r*«#uryj Sfr. * •% % * iu^: th-1 vcu a e*bris* £*sr-«»lX*ug&ttr) « cf o e u r* * won4a 1U * th#ir terr ito ry tc tfcr t* T$u *s&r*e« H stvc, t #uj;-jri&s$T tc *?*d £ l * * r 3 « *c » * o f »t3d get it CT^r cur w y ; 'm% ^e 4© *H>t hop® aor.ceie tfc^t to tro •) w*et <*mi *. little northerly cf tv t it ju#t p&***n t&# I^ajsc line &&* tc the Sort;-.* v*t it r *&«&*» Butto Or^t t c r /il« l|, net alsimiB, # ©f roue** &11 of U .l« $e tut *r * s^ritl) vc*j »ft.y r ^ c iiiy «**« ju*t * h * t *# h *** territory tc t M * i# *td i*i4 H^i»ns, it on ♦.&* «a? in crder t&*t tfte fsiaiiit is** ®re for Lincoln# at u& *wier i- a* r&Vi rally tributary »*a tie n . i>4 v&net iin ^* oenrergn «■» surely &34S ** *'lager* o» your h&na ocfcv«rg« to the * r i s t , li: W M if fit M l| ; * rt c : Kortar.*., i f rythl^v v TIs# t . - *iern 6&o$t lor iiroolfc. ?fc« & airact lin*;& to tf:*r ■#&*! fllexf out liiic Sov&sH o-sses i.tr&l^J:i through Lincoln &w£ on fc«yoe4 . ,outfc«rly air*«tio n oc-ks through HcLen frca tfc* »ora 0 taJ&#Colors £c ami Kefer^fc* ’■ -• ** Jn*c K&r. &« in this &lr*Gtlon« &r < 9 *D *ciu t*iy airoct *#> &*.?« e?«*n Ha,## tfe&t on t&a Hcak Itfl&tta oit-^r ac*r. inti? Ttxi.e> unu nortii »n* south tc Wim.sact?* -*»a S • utfc S^kvta* Cfcii.&cw!» b| 41root Xlite*» IHay j-cint* ? re r i ‘ ehra i;n 13 tc 18 hcur»* .v*~ Tn® 8*or*t ry cf Agriculture t'-.iro u i tr»/flof k r . W o t t l in * : cccuntMit • lew, ¥>fe*ro ac t£c..« i t R ^ Y*u *&y y^u &ro & r^ilrc&a *t&ti*tio i*n. I '** net » railro a d *i iii*ti®iauf»j ^u*t && Tnc traffia frt^a tfei* extreme m>rtfc***t sststicn o:' the ocuntry i* scfce*;'i&t «ivia*U. A In**,;* proportion cf it — The Scerst&ry of A^rioulturot #Dofe* It fering U fcr. Wattling: «r« ft-*— t i U ( i a i l o * U n « *« not t*** it in 4«t*il|* tc LirtOvXnT Ir. il»t portion of tfce territory w&Ufe *# M U* ob tb« **!>>• * sii * • *■* tha t « « l t o |ry • • 91* 1* 1 !,are ht!te * rst&sr B*P of * t f * A .:04* i. « f • tii • rsfitjrictfd territory mlial ehow* th* t a n n e r y to *h.iqfe Vt ;*y Ciftiir-• (?r.> stag fesrg r*ferr*tf te 'ey *fc* **tVU s£ i* **rk&4 FjfcUit 7, r*e*tv*4 J&&3Murjr S4tfc# m * f ^ 1a. &*j*«it& r»ta*it*4«) Ux • ^ « tXii> 4 ; 3<&*# ta« coic-rin; sn tftfei tatf on *.»:c e-fctxesto ctat is xefctrict t<£ tc tfc&t * *rc & leak ** ir: t <, you tl».« for 1?. 4l*triata on tfc* t%fel* fe®fcr« Th^t 1* tc <, -.v, tfc* 9<lerin Cf: tfi'.t i\rg*r c I aeirrtfrjwrtU tc t H i bicck 1*U& out in t;;c* IS -aisttiot »f,r a<u«« The >— Itliiy of I f l i l l l l l : Ik *, »'*■. , Cc tns x *lir *M U fttiivtrft, wh*fe 4efc* the tr*r?Se ton▼crg»T • I , v«nXiit£i Cor,v rg> c» th* Misseu-ri fciv r # *t Csttht, th* tfi**Quri R ir * §»t**ay. Tnt l « « r i t « r y o f A g f io u l i« r « : Ktw tutfc of it t o * * * U Lir>orir now — Ur. ftttUiigt what y £is*ntfcg«s of it At f<* ae-rst ? «*** would fee- but * t * * U p w o**>Ug* »top her®. n * * « c r *t >ry of Jte.tl«uit«r.: *fc*i i« foo»«*a tight mso L« F . WftttliB;. . Mr, till* i « in trsrnd, w« f# would be tut $. #*&iX lin e of tfea - n«r<*l j* r swntu * * f it • tope ri^ht & *re in L in c o ln , &ut tbera so u *<5 c*e fu lly £0 p; r eent of it pft«««» tferougfc Lincoln cn lie rivi ecutbc&at* coln .n ir *e, of c o u r **, to ti:e nortiMM^t "trn int«r^«totii f ir at in Lin t&« dl^trlot *nio< neuld naturally to* ac-r.ti#u- cu* tc it> -n>t *e a*v* rather ***a»*d tfcst tfcs te&»ltt«e • ill finally core to ths senolunien tb t it will b<:? re«fc*«*.r|y to h &*t IS d ij !r l o i t .l j v j it i» therefore to tn»t ocna t ion tat cf * * p i l l *adre&» our r«m *rfc* wit & r #gar A * t * t &« «& 11 r iiiTiaicn of territory* h-tvc 5. i?en *h*t t r u fM o , Zr &«fcing tnefia a l Y i* l o n » ■** *0 tctuider fe» au* regard to the trenu of -na Oue r«$/*r£ tc cur n«if>fccra in tfe* adjoin tag. .:i«trlet»« *« ask fc«r* only tint territory wfcicfe 1* ana ca* be plainly shows to to* strictly tributary* ^ iil ooik Cf>a« of oour*e th«t tfc# flow of banking ccrrtKf-ondnno*, fUiS sug&a*t«4 in anat of tli# mention* *£iiefe put put n low aoacnta **o f « e u U fe* r*tA«r gre&t^r to»«rd* O m .u tbna t o ^<*ru* L i no 0in • The S*orirtnry of T*i* Trwnsarys Mr* VtttUifiS course Tc j any £ &l&y U &* tculrt o* naturally gr«&t*rj ’out that of does not naed • • • £0*1 L. t# 'Settling. 7;s$ S*ar*tary cf ffc© Yr#»*t*xys W©w# &*lds froa is<* tro&kliK ^ c i l i t i t # %Hts to-xit'T of bft»4 ©*©&ma§:©# «* it ©& i $%* k w # ft • • • • i i W i» »<;t *© important a# ftfU H k l sUuatiofc, cee*u«* tfc* Ooa# ©*©&*ag«s ar© going to b* *aisr**ll> affaottu fcy t«i* law *seii it £©** ir>to ep©r&ti©Kt£ bat wiiat ** »©ui& v;«#ire tc knc» i« aor* about tfc# ror»fc2 ©our*©* of &u*4b©«© M i *k©r© I M g©»* i© is tfci* district, B©*, is it : t$r tftroagfe 0»&aft* fcr iftct'ino©, tfenji Lirc<tl»T K*» * ©tiling* fatur&lly* The 8«ifft r ; of Yfc© Tr^^s^ry: Mr* Wittlingi Ana to ©fcnt ©JttofttT Onnfc* i* j*. toura of two . rj ©?,*-&*,If tic«€» rh© si** cf Llnoolft, &n«i t&© btt«in©**-# I *tiou:4 **%y# * s ‘ rii./e \i* ** ■ :fc rx **t %u L in e .In 1ti • Tiie 8©or«»t<sry ©f fto# Tr©n*uryt Vr» *»ttli&£t Ana f: * a» t© £*&«** City? Kftiiui Citjr i* ^retenbly t*l©« ©* Xarg# ••;* C«*ba; tut tha t rad© &«?#* net naturally run U U n llO i fOOtiCft M i d * * * # • I* ths t «it& U t ooutn cat of t i l l - ©Ottfit** i I# It ?> r , luuofc; ta^t i* to * & y # I wouiu *»y tnroe-fcaxtfc *o u i4 go #a*t *t Ag©in*t cne '-;v»rThe 8©©*«t**y o / A^riaa-ta/*: ••*.. t . Tc *hfet e*t#r,t aoes it £© tc the ncrti«e»*t — t©*©*<*• tb© T»i?j Citi$«? 3032 i* • ’ r« *ettll&£* r* Se % !• $r *at 3$*si • ffc# 8eoret&jry cf AgTUultarei Mr. V | | I U l | t T-ss-fe« *ye*in f. t | l i U | l»» no H f i there I I h it* r.atursl territory la teward* tfee M isu a ri !Uv> r Linaali;. The ?*C4 ei*iry cf Tiue Tr*4*#uryt fcr* *ettilfi£j T*a,*ir T*i« SJ*«r*t*ry cf The Trefetarjrt fcr* **ttlingt Tnrtu. r. Lia-tivlcT Sjr©*i*u T Yiroart cc t&* Wort h*cateYi* Lir-*t tiMi wvs»l& c to On)th» first; but tr-e Sufi intern rcuta — Tfto Secretary cf Tfe# Treasury* tk»t **tiu*lly | 6 #— f . i « Scjtt Dakota . fbeffe ill tfci* gzm t t i f r i t t i / t. r ( irv.ist iiu Of. th* * * p ) . Tb* territory ir« ti><? -cutsweet eorr.er, * Aeh *fr. X r. r rcfc«bl> th* &*«t tsrrltcry ir tfc<* e m ir s state, *na tfei« fM tt i t^iliiW lA ii I ,r ,■?:r »ottld rerratent **■'* a * & * * # eey l » jM&fttlatlcr, ic the BlAdk Hills** TRe 8»«ret*ry of T*e Tr*%*ury: But wfcere *««« tfcst t r ^ e otse tof Mr* v*ttAlngt Tc the Ti,^ f««retftty of The Kieeeuri Hlv^r. 8&«* not «ete to Uneeint * SG53 L. Kx, r Ottii*g: • a grtut d£teX cf It &0C4, The SeQr*t*ry <?f Th# Tr««**\Hry{ • ?v wfe**t e * . t Y 1 c^nrif.t i«XX /o u . Hr, ?#ttilngt ?fc« f ecratarjr cf Tfca Tr *?&*«?;?: ?ou *•*$ tbcs* &r# tit* ,i&c\ tht.t &rc Kfist Bec*?**&ry fo* u* tc kiss*, *oeo&u«* c lin ic *, /c u r un *«p r*rted fcy f * s t * # 1* act o f -usy great ralue to the Ccjusittee. vi • ? et * * iac : *e hi:s r.c " ^.nt i $i< t rd; u >:t t ; -'-s « n j we w i l l prtff&re ecfce s&orc? v.= t i :■•. , *r>u iet t b m { q u o * , «iti- r&f«reftoe tc %&*>%• Tfc© Secretary cf Tike Treasury t Tfeey Kay to t*$p&re4 «tna fcii.0* • (Tac ^6ta tc fc« furui*hp»d fcfccttiii fc«- dcelgn&ted fsfcifcit tfr. L . ? . * s i * i i r ; # iftte&«us*u in eTieiena* January '4 th ,l&14*) Tiiff Secretary of T&e T *« a *u r y ; H e * , I *& *# it tfc«* tkecry cf LA nss ipf» o«£ft*r«l&l influence i« ^uite iKpejrtent. /cu Si*. pi*t it on a »*p *c *e o m » •« ju*t *fc*t kina cf * district i* taker* hers? The Sflcrit ry cf AfriOttlturi: it sn&<±9* &w&y? We*» *e n*v* The au«J> isfcrR&ticc smppllea iXi tth- r o it ie * tfc^t * * h &*« r i * i % e 4 . cf i t , They tore f l c t t e d tte L. J • ui*trist la Ung f i l r * « # of & ru I s t r i v e n„ pi o tfe«*<s *iffer«ftt ^i5 p;-uniti«fe *r* - * t t i l n g t 80* * t&« rue.%t ic-A »•*« &$k$U ir» x«f£r& tc Or.*ha in ©cnR^otlori * i t b tb**c *&** lln&s ojf ra&as *-.nsi «o> cn. ut « « «»7 H a l |v r«g* * 4 t * M i l section ihroufh h#r^ M U U h i I 1 i* Llac^ln sbout h » lf p *,*t qis# ir- the ^ftitjrnv&ii and tL#p a^all it a ^ H T r r e d by twt d e l s * * , ?\a *hc n a i l * * y b* getter* bftgk, — they &.ay =»#H3l etitr^g&ey, fvr in&t&rtQ*, mm* i t voultt be feoeV tn it * w&y tc tfcs t e r > tor/ vner# it w&* rec*uir#& befor* t&* &»*il would aofcuftlljr r <•’iOh Or. ihft. Tft« - S*«r#t&xy c f fh# T^ft»uryi £ u r r * :-* l&*re *#;*• * br&rali bank hrr« ii* Lincc-inf Tiie f torwtsxy of Agjrioultar*: b-.ir;.> if< Lin©oltw Sui^c*-0 jrc« & branch Tcu *«ui4 *tl il b«r abi# tc do th* *«.&• tfcir»£, wvui4 you act? *r. **ttli% t *rote.*bIjr, Tfc« Buo- fit :*t/ of T j# Trsanury; Tc a kite* tfc# 1** r e t i r e * t v- U<ostlor> of branch fe*iUu* itr. *c t* lir.&: but a m x i Ywtj w t *• th.*t tfc* »e u l& i t likiiboo^ of a br*a*b ovr* so olo»e to s R egl&r& 1 &-ort L . F . Stitiift^* if Or .;u »e a ;d g *t & R c g ie a *! B nfc. ec ^.'-.r}1 cf Th# Trt#»*tftff: ?ne ?%** D<t»v r* fcr intit&tt, ttii* ttrritery-(irtaie&U&£- <?» ta* &**•) *rt?» tfce-u tit*- I*- t.aO’.i Rt&rf»r Denver, if Di&fc i& to to*? %h# 4tt$fiiAjiB| fttie?. ¥r. fffttllngt Trte Est entirely, Mjp* 8t«rttf*ry of f Jit Trtttary* 8«?eret&r?* TJ*t»t i» th* O r ^ c n $fc*rt i .1T3i$ • if** C«a*«* iivte Oage» h * t & 9 & m -e t * * »&fct .iv*at*--&t» Tilt S tt ftt a r y i f Tfct> Trsaautfyt Ar.u t•■.** t?u Bariiaj,|o» . eir.4 ar t&rtwgii Stonver threap that %t:rti%t,ry. tfr. v«%tJ.lHfi T«»«f^ it fuTia up ir, tfe^v •*?.?, t>at it «ouiji i. . ;. vlclentA to tfce fifitui \t tr*cs <?f tv-e feu-in»*.-. It -culd ... C ticitffWSt tt i t . Tii^f 8to*tt **7 cf TJ»t Yrt*f*$ty; » c a :4 tod »i.re U tfct Ir^nd of fro* tfctrt Dv,irr~r/th t* t* Lir&&i&» ^aivini it? * r . *sttlitt£: Sv#*iX* Tb« 8 t a * t t * * 7 « * ?*>« T m i w n ]3tj,f 1x r *n * pl*%)* H e*, fcr iattfe&tt, hot* i * t $ i * territo ry tiircu^ft h t r t(ln ^io ttir . Tfct n?»turfel tr«iw htrt <*.» t« w r # t 1- *^-f a th&n tc Liruuoin, 5»c-. la. it m t? ***• *«•- * iiagt i* n ^ h t natural %r#a& of tfc-^t tfriitfciy through tb|» «&y* fru*ine«* I* ac-* m uittK ci-’U nj Tfc*S the *&y t&* ttm B i o U * r 4ow*i h#r«, frcs-, the Blfc«k H 11 * cubing' 30 a a in thi$ s ir *e t A o ** T*** S#«fetftrjr c f T&* Tr#**u*yt W #iX# ao.*» it cc*o to Lincoln? fcr# W«ttiiftgt Anti *l«o tc 0* k £*« Tfi« S M N f M i f t f Tfc«TRoa*ury: 9v#i it #gfc* %♦ fcSttH I cr *h*r«? fcr. T t U lS n ii cv t M i iin* it On thi* iins, it «IA &e»* tfcrou*?fe Lir?ocio; 9cat* through iinoein. i 8«or»t&*y of I g f l f U l l f t l $MI 0* f Hfctaugh &lm«6 lft** I*t it r^nala^ h*rt? Sir* fettling* O M IM B 0 . A good d««X cf io * # tfe« ~is -, , pr« re -/ii to t&# oorr«i^iKiifi| & & ***• ?&«*$ 1* no liutotiofi out *o%e of tho*** **ao Dan** h&vo corrosponaefit b*.n** IB **a ?trli*ji* IM f it * / Ift *t*4 lt4ft4t h a l iM * * t L ^ e th»* h?r*; tut th«y *irrt*laly so*** L«r# fsr •errenlgao* .or p*rf of th^Xr ltt*iti«i«> *nd tfc«-- the e « « « • o*»fc# sl#o o&rry tlM l* H M M t l in 9 *>» « • * • • • * * * * tc rt* W l u *« &CS? L. 7* bere U tfce Union P a c ific ?;n4 here ie the Buriin ton, «&ie& are i.in«cin iintswj s.r*4 fe**« a* tfee R«i«n I*ian£ w&i*& ge«* ol<.~-*4P <jo*r isto |M h eno # Ok I'* ftC? & * -it his &4 lu-ux & • The 3g«ret&jry cj The Yr*lMmr$fs T ? *; Out JTi«?r& you a x * ifcyin* *<:»« oftrhieia cn t&e &ail f s 9 U H H » , fcr. S e tt lin g * Y e e ^ a ir . Tr.« geeretsry c f the Tjr»*«ury: ?u[*c. ? piu b *4 4 br*«®fc ir Urny«r cr a B e e * * * * b *»* if- Dsnir^r, afcsut tfc* 4?&lpfe$nt c f ourI easy, /o u ooui£ get ourjrenoy *ut cf to Bil i»g* *uoh sci-e 'lu U 'k i/ tt, r. cut cf Lineoiii. Mr. "'titiitn t I & #* I r j tb«y cou±<i»t g. t it. any ^uidkor 'r c * tfcer* to B illin g * ttara fro^. Linooin Oee*u*e of the winner is wMofc tfce trains run eotloiu* to BiiUii&jt &4 tn« ooni>» V# kir« giror * I I satt*r % ffftftd &e*i cf fttta&y. The Beoretftry cf ?ne Trefceuryt ccbv r M i T e l y fo il t&»t i * * R itter of i i t t l e *oaaoiu$no* «M»jr»e> a* ee»p *re4 s ith r-tU-r *H.ttor*. Hr* Wottilngt train here T h i* ie * OrsrROk lin e *ft<i it i * tfce * * » # «otu 4 uiti»*teXy carry it tfcr;>uffc. TJ;o Secretary of igriomitmrc* K&re you &a? A U a thfct *oi;*a them ufe wh*t i# t*« cUetrtbution oentsr for t & i* se o tH n f ffce E'eorets.ry of Tkc frti*urjfi For j rocmot * T £0»f v' ?*•« : £ti*%tib\)\in t 'esr»t >ry cf AgriO' itu * ; in wte*t ffe«* *it> .* *or# **r£ e iy c v ?i tui# *xe$ sA<nkfiu»tar«d '*.rK fc&6fe}n$r/ , 1 ftp!««'.tut* "p.a *0 or? #? » ^ot* i i a j j Ir. $&* vnc Ui*y £oc&e <,r^ grav el#* m&tKzt 0»ah* « J l i tf t*r# .i ". ^ ztiit»-ry *ana * fttr* tv oiritii fortlom «l tfc# i#?rit«rr ttota & • #%i f f M t t l M *« * 1 A;. & r.-vr>r. agea ,*«* • r?,;. cf in tm * «eulfett<Mtt £*ift *r * i i l Cc #«r* bi*.r &»4 uy h*re ir. the north* #t 0*.*.$* » H 1 Tiit* fU o r^ia xy cf A j*ri«u tw r «i Ur. -, Os-film if &&re« Hsn ftfc-eut Kmi > ■ Z iiy t v -'Itii u«. :-ilets, t£* !*&•■■*# Ci tf vcu?ii i )n « cl fefcr»'*#**, n»<i X»»«* it * #tr*n,j*l» ft.* It §ct* ir t^ t fe* t « ? U c f 7 « ?&s jry of A g ricu ltu re: f hi s> >io*» » v r * in t M ; **at&cil# »&?• Kaatft* CUty or L in co ln ,— in t&i *> icath rr» *«O t lO «t fcr. W#ttlln^x l« tlit #*cticn fceicw tfc* S»fer. >k^ iiis« K^n &# C ity *cui& . cf (lnU lo^tlD t SCX. t f t t u i i g i Ana vhink ur in i&l *« ti*n *&« p in t)! In tfci* t*o U cft QitfeU sauia tb« t « a f £059 L. 3*ttXIag i« thi* *e<moxi of the 4l*trlct(lt)die%tlsif)lt i* Uircoiii t rrittry.fetrietly. th® IfC/ctajff Sit The T f ^ i e r n ^r. Oh, F;,;- f^r? st ?»&&!*«• « i« & r into tt*A* ai «l* lot ( \r-ai6 , v;flg) • Thei Secretary cf fb * TjrefcHttffyt i^r. Kew sids? 9?x«*d9 *e it £***» 11 kf * fae a iv 'f e* The 6 * « r e t w y 0* AgriQiUtM»;r«: ffo*# ®«uld you cr a n ,i*y- SxUy fc‘k« us a a*;- * hewing h©v tb&i i* &* to voltm* *.»c * h« extort of it? Vx« W «ttli&gi I thin* w« otn h*v* *udh * §G9r#%iVtj of T&# Yr«&»ury: pf9f^jr#»u *»£ fe**»rd i t tv Is" you * i i i b^T* it *# * i i i r« s«iv e i t i *.» *r; e x U b it to /our t * 3 t i* o » y . (The •»!> bift plORiitd to fee fttjr»i*b#d 1* to 0# !j g^rkad lifcltit * « • 8 , #r . Iiit*e4tt0*d J **u *ry ;4 t h *iv l4 , fct L4c«c lr, *«fcr »*'*.*.) T^e Pscrstsry ef Thu Tr«*»urjrt E®*-# *** /$** * i i i ie*ve tb#*e b*xo r* #xluM t« to ytur t**ti»c»y you m y ao so (r«f«rriA | to the m*i» tl*o*wJy identified ** TxciMt# dvT&r^l* F# ie ttiiftt % k. r. Vr. it m y , -of ®our^t# »? ?«•*** &8c$r4i**$ t© :1 * i;' * QC th?t txr? &e;&*p iiii£ %h-<& cut ju-t r r© ? «**is «; frit ttoxt i * tr *$ aatirsiy b y **.-$*<:•* of %h$ 3.01 Uicvt t t*rrltcxy li 3Rne<5 »ore e^ex**iy **t', ** «•* ocurw^ it x qc o rustic*} le &** **%t4bl%*bin& th%»* * l t & -pre^tnt w m i t l w * , $tt ycu 4 U lc'..k ti;» f jt u r *; set *r*. r-j « * fe«i that the %i v »tt4 til# *6ttilftg up cf tti««t impetus ry $n<s t&e I I ita r^tourotii g f»at*r th^n ^ny ©tfe r single &<n •eftgre** J ..^CC* in v. .. if o i thiv, »* *t**n ©our-trf ln r*d i*itly tributary fc%* &««?» fgs*&% \u xht p-st, it fclil ba &*£*» jcftfcrk&feJU in y# ro. » $ * i r*» 5 s * , I h-v© prepar&d a*?t*4T* * ia t*«#» t s &-»£ LlQu I ttiiula life* tt i t * * * wit’- 1 1..: Ooi-'ftUtett* ? A.* fiUcr v»,*ry c.f A*.rltu*tvir<»: » b4 ?h*y w ill fe* Kui rk#4 a # ***.Mbit*. (T&* *#**r*X *t*te *«*% * •U / *u * *nd tubui tiore h«r« reaeiv#a in ©vixens* ;?o t iv # ly Exxiitii* & t« i? itiQLusWo, r^- r&c$i*?a J*m »*ry 341&# i * i 4 , £Mi »r« J»«re*itb N M M l O Hr. V.ttllnct T*'» ititl»tle« * H « i »rr««i* Ofl the »*F* ij • T ♦ her* *re Uk«Ti fro& t W ^ t?11 XX iv^ • i**t o»a#«e of tbs Sfcitfwi 8t * t * » # -# to population *bu t a r m o r / ; »%»* *$ to tfc* tailors*.! B^t** capital *uca *arritt«# Jfrc* tfc* last *tat«**at J**u $4 0? tfefc . uc?r nFtc r.t cf %h<: Treasury* o*iag *attfc*r a 6 u.na*r & **« « f *ev*ais r t, « :)0t h ,l i l 2 , --n^ s i l l b,- f©u«u to o&tofc ate«clut«lyL #‘/c^ttir*f; * & « r * a^bitrar? aiTl*i©n* k*v* Xizm m&dn of &t&i*$* r-; a * e * ;t i n g &# tc- oar own territo ry t*»?t I * BOt lRt#ft4*£ M «*»OT . is Th^V- ■I tefl tfsfe^fc ti s ■ • » iith * of otataa ana **de approximate aiviaio?ifc una . i l l not, #x««j:tin^ a# to Lir»oolm, out &fe*«4ut«.ly * /$ t .ny a®cuiate» revi*ior. of tfc*» * i i l tct aisturfc tfe«« tout U&t 01 K ttSR s. SSITTM. *■> i* V «4W iv r> wi i;lw Lifctt*JUi 8 JUtt*& a«a i Ca w». Xiiw t*43N,fc~rj7 &X vs* trupiiti* jj ** a & s a i» £ * i t i u tfr* 9 & i t t a & , you u*w Xi ywfe e * & g ii u ua *&y l&rejra** *Ui\M i*i feUUitiwft&i tt *ub.% trtt&ft S&£ | i i «»* # * « aiuui &» *lt*l tv M f « it* \ kr. f< t*&t *r. 0 « s r # W r y , I *eui4 nvi aw&l ^ tc tel*!;* that tu* VttlUfcll w* cuaifc#** ift I*i«C<. ill i * ^ f ^ U t Ifci' t» ti>&t i & m *»*w r i Kiv*x to *i^ %&&fc & *« Avx «*s.6 vi jr»fcl<*iu*i *r*a^s# livir tlu>t ttux* i# jHtftxaniMjr j t * r n t&r* tiii i *<» ofiu •adiu o iv «i|* Xfe« W n i U f ^ t&«t •>cxrwu*i...» Lit^ix *. i » *v f Q & m b wvt-isU'Uftj ^LiwUAjpilI I St* »*** jUOiJIfM C it) | feJSS- iu l&*| a»»tldXA >.\fl w* it *l4fe £***iV«ir. Liuefcifi *Jsj{Hr$ u «o lu *a eu» t a t * * * i & * ***** i i & i W x.uia*ifc„ t & * a i i j * „i « u .t 4 tji * * &©»« i» £ « a i & t * i y T«JFj our* O ui^iua oi t u .s vyr r<4irfc*a r&t© * « * * e ^ ii * ttiU tJ^s tU Jl M i»»vull Rlifw? %*«£* irifcavifi in & * « !» * &Li*k * * » * ifc *a i**U a i» #« e & «p *t » wifcli* d f V# »*<, i w a t i **. tc 1 a w n « ti*w t»rritwx> t )*^ *&* *■#*»• A'uJtriwJT afcsi, i uwt « * Ut*t *,•*»* tfcift* tin*t ^ i i i s i ^ t 1 Ml «**&&# &*«£ * * 4 4 * * ceatlum * j * « a t r k » t* aoid 9^ t v t «ja♦ $&» i » r h ^ f | Utfti ki.muX& is ***£&**& vi fiwW*i4,'^|/ **y* ill &aJU?%& # Ajj'5wfeiji£# &4bt&%H£U C& A Vtt« j fiox & *?& **&#«>«» $« r^4.o^ tx.iwXi f«.wiXic J**r« *s tfr gRUftt tofjrifcvx* ev uix#ea wjr #«y el Gr*.&d Isiju^a, t$ *ii; v* UfatXCUfcL %t+it*z$ but Avfic 1 tlteifi* * & k i % 4.t Gruva 1*1*&4 »}th **msy 2c lv w r tt&ii & m vs^r**# txvia* cSiu & * ? * & £ « *w; utTa alartfct iifcca aj *&«* £urlUi^lca* T© th* * - C t . V I * * ftwv* l£*&££ »cXt*d Wfc &v* Oki/ W *-<** j ti ; i * # i»wi tc ife* Cvi.4*— 6»&a vc i ^ 4 » c «cu Qfcl*bca& «viU<5 Wc»bi if. vGMUtirtivii *i U; \i*i ^ u i u « i 6 F«oiXis .. .w Vic. A* IV 30 lv k*it»«L» Civ> &« *i V& w^^r«W»r> Uir^: ^ S-XiCi’^A i»jpe )»i>* iV^iM itgj* it. «« fc*v* Ui^w 9I« il&o*. 1 Ikifc*. »* 'J'-f 1 Bfifcfcl Wv M&&-& iv»i*iiur (t^lti tflf-♦ tiii &• R ^ii W&feittg *u i& W Ifwltt i£»«i «&i*4sfc Xo**6iS** L i& c e i* o*.luruilj *j»« 6 «8 f*»**l ** ^wuiu r«e«fe Oa*JM». *r tt« tr»fc*urjrt *6* * » * * i i t*lnt*1 ifc Mt, H*% u«r& * li £44%v*j, m f sir, i^ut Xxw-ie L V** Bt-Xi.ifcfcU.* ^ U < l i s m .*i&4 lb# Hm & I »A«t^ «*.*& th± i*4 w U * w .l t v /i o t * fci tt* frwas£UX>J Ce**lit«g fc^s is &*ux*iiss is tfci*: i<*t Uii & 60 1£m* i W t iLw «*u**livi> 1 «, U *i« is w &<*r# | « & fc# » s i # * r i e u Sk,w *ity in ifttt *jU t x ie if ^cufor, wx ♦*,*<* «iii.*x sity , 1 #v»* | ^ t i h U U 6| i&«; p&i&x .i * *x¥•- t&» e«i v * * a i o i feua tiu 0Uitdf%xy ccux*-** vi' &to»li>*iM u. ^ t u Xfex ifei$ U yau **.4-aax*#tt y cwx*<iii Ife tbv t, 4*&a teil ua at&y S|;««iXlo X#i.s?tttta €ttt*i£* vl *»feea« &i.x#«-j.y *x*a*jato*# • Vh* «.v** gXwtelU, di i&exs is nblalk W W 4 ttfcJtv u»* duv^xia* *Hfi*Xi^X Iv a&y gtjuax f iiU *# &*ail**um lex ijuii* *«§ixu, #v #**wu i j .*,^ i>u L**X tkv*** *x«*kltl»al Kvt «i*i aoaoUier tft*& Xix*t U.-* s^ii a*xVi.oo *au ***x *** *»xvic* — * 1L* &%>wX*?l~X> vi III* fXv^tfUXy; AX« i^vU. X«f Mr. EfeittM S http://fraser.stlouisfed.org/ Wi Federal Reserve Bank of St. Louis t£*y »&** £<* & S M *Wttt lUu«is* it* » * * * » *•* i4 * * ***«•« ta “ * fau^ia***!*^ * * • * * ffcej M 5 411* gX fc^ux** U t*j*la a % i# - 1 1 1 cot up * u & C it y M t «it& G ****, t«v e w f . u i j f wX $&* fx*»<n*rys 3*1 i # £&*&«&& i» &&t i£tt 4.uu«* ir, wiiiii »|c«vi*ie a i t w rit** «*& y*>u fe*vw a^xu i t wwt, ^tA* i *& *uaw*iifcfc tA6t £sit %hu c l U it i « i »€k*»i«sU« i*r«Vfel i w c i &e X^<r w* SJ$fcf*x U BbftiJUvtf, *fclifttXfcetUtt&£ fc&O, 1m *«ry ife 4 Xtt«?tf *X uv^*« i& uu «**>*•» cut ci LimHili, &&fcuX«otttrl&fc «-&& ; & U i K ; ax. luar U«iaW Jrjr ©i U** f r « * * u r y : jftfU JH&UTmS £V* i a , tffcitt#n$ C^-XU-Ct %k* ¥ & iu ^ -4* Sv y w t iv « U s*i? tt*ar« £&< 1 cazi * i * « you t*u Xi£iur«a c& li& a v ifcj 1 y w<u Xi£fc£i>3 t?£ 1 W f» U«4£ ljb i ’*.iiV«iJf & tiUii.v^x wX U i *4 *ttl &&&w 11*4. 1 t&ey lwi<0 lv a-ua& X&€ „. /,v Is&ta# Ml ***> ti va U H Ift* fr»*iMRfcfyt £ $ * yvi* .>#11 U** u<*tfe $« «Wfv Z*Q%* le x iWrt^Mtri »«&* i i yvU vieX. *,*¥« u<* tit* i o t, ** vu iitaclfc# ** *i<U it*aflMto«uy u» it, £*1 tiav&e 4v« t<- l»-»WT4r f.kufc «« &** fc&tfX** L*er*iu x> wi A ^ ricxu tu r*; S***i r »£•#€»£ fe**s y v * X«r t*» t« *rv « U i * *i» u ri« * * 4.** &* **& u % u«*ti«ii » i& ** u*&t Ll&©©l*i OX <?auxte* »« iw vto *©t *0 «*&»«& t & £> ifc<s a<?isfr4ifii «& & * ti tin* *•&<* ilttt i & %ui * oom m ilx& • b&tr* j?&ta Xs-x tk l& iu % *£.»« t&* £.*v*.i# ut UlfiW't^i j h *& •-,■ •£<p a tw ♦0 W * 1 ^*,^ ii<it* , *fca X"cf # $ *>*» i&fet u**jr ivuiu i«itv «*£!<*&4 ;c x tfe** a&a «s<&r« i& tc * «&**-■*- c+ %&ilr &u*i&«4 v« it *vt& t*.* &*.tyx*o. H»v« ysu *£$ Sac %u ox WVi4«J»e«? fra, I fcfe*# fcvW % iaafc %&fct la U»id« t&fct tiU*3 wwiii «*fct &« wa - «&£t jfc*.V* lux* *fc~r„ i t «*\u^ b« jr*&afc,«a u*&£ «u&£ tt&a *** * * tfc*y v^uiKi w «#xv «>«* t$i *** t'iiv Afe&ft’l u c l a./ • liw ^ ^ W t ) el Afcxi«*i<*tux*l f* .U , v»s.-» thvy U.I& .1 * v .» x*i**v*.u t?e*«in& &«*x*x tv In9 * vX i t &i$&t - * fc.L*ix w»i. CwAJsfciilty* *x„ V M tt«&* ¥ * l i , tk* &«8iU*sw » &#x* «eSms» wa t&*«* i.*, ii r a i i *&XtiOI*luX fclivfiUtift tfc tlUit. t*** « « « r « i a y wi A*jrl«fci***x*l I **$ * i ^ t y&*x«» aw**uia<i*ti*M X f » % * G i«*xl»4 fettu*®* »Ad efe«fcto«x<» wi i u w .a u i a i i eiaA ««t4a * * * * Lit*$Oi>A« Iks« * * t : M tjn * W l l l o f J M y ls * tXitti w^uiit U u« C l*i «f » •* * vW *x s i t / , m&% u+&Xtuit*g a $ 1 fc&i&fc jov fhfei i« wi9u-.itiMli|' * i i l iiite U ;* t U i ^ t i e i s *&*r#r*ir jrat $ e # t & * t tiu * o » k * Uifet * ** •o & U i& U i svt % k*w i'j ».vt « wtdl«a bWML*t - \.h&% Ua^r* b*twv*u t&« m & k * %Lt*% t^*y w*J aMXfv, <;*J it: 9h#t* iiiH/ Wi&i i,© &&nn&t} t w , Tfi* &i*cr«i*ry «f A ^xi«uiU iZ»t axe®, t tir»ut tfutt « & & t t&«$ *« &&a &a ;ki&ir#&. iur»f*.i«. t. ^r<i A* I usu«jt»Wfi& X r ^» *wx meklsiltm* a&jf s>i Ut« vitwj £&&&* £*s *** Jr*»*Ui&« <*i \b*\ kiMlm flu Jiv:raL^> ui' A^ri^ui u*ry* iiUi*»r, u**t *« #**• 3h>ia* i& * * * ffc<*l uia i*wt »**-i « l t i * « t; *> -vui.^ i> r^ i # r •i*^ijr« XtLa ^s*crw wr> al T**immmhu 1*4* *« &**> in *&a<« U 4 i.#U «* n&llmX lo tu* »*&*» &y Vmi «©*&«** 1 * 1 &**;!• s # . ty ii x« uvt waijr titt Civferlr^ fcc-uss* t i*»i &»v*i l i i * r©»oiutioU»# *>ut ii* sk*Jii >,v*4i*rci«*i, wciii#* s i i<o«* *?« tftv *ctit-u c f t e l u s t * * * ! * ; *i*i in rt»tO M ¥ %«* » ***» itnuijry to* u> U #1* JltHi 1 M l ***■ C w a t t # * l% **lt b| &$>£© q \u * xz i&«y i« r « *r*iw jf ^ a a ilio ii U> tfeat tcj&i i&« i * « § U « i l k £ tht^bih. i%* <,** i*xi«* adiur#**#* t * ii4 il# r *«t i ^ T t i w * u u x w § u isiXcriaiiiv.. va %& wh*x* %&&&* Qom.mmxtirn» &ad feuding #tfr *&* i9 a m «# iUiV^s feyI s*sJu*u, *&Xy bttftir.*** *w& , - »& •*« Uivj- Sm l i«4«irvtta Uu.i tlwy »g u U fr* fe«#l va« iea«ti^fe c l *& «& « iwutfcg* i * a \ >x * ^ w X # I h * i U i ,; li.troau«u^ sc $«s « * « (fetvjr^u, * xvs* M bMlL«x^ lrt#% «yyx<5** *> t>fe<ss ttfD&i («Uit 1 W£a*x»lvvu #&.$ t© *>ft **-.* *laag i*lfteei&9 ** &air*iiifc£*aua jiitxiw utJU *, poiat* X *# * Mr, gt^rcU-fy, &&xa * & ,&v * t&* voXu*** #£ dvi t m b f ii jefefejjh^ you o*iX# iwx UiAt« I*.** *«wX*%»Xj' wX ll-v ?x«&dux>• iv i i i « *Lr, * t 4 t t * & : u *-4..-l 1* #Xxl w C*ii yci» %u*r «*ui t&&l »£s«»tT ¥ «*, 1 # i i i XAI* iiU *1** #h*i»&ix J®x« B U & A U f U*6 t»Jf« * * fciivUi«I tfe*t X «i wk to i l i e * (Xi*v waXw i l l & i &*» ttitf&jLki tv ^ MX« ffiai t«£»# i» r « x «c *i? *£ fcj&luit 14, <a** kjihiuix h !, fciUi«a» S «4 t» x S* »lii*t*B , X *c *iv *4 J6k;,fci»rjp i.»l'if «•>&» fcXfc. liiw S i a r i U x ) t»2 t£« Tx**<w*x>: U au^***, kr, **• 4*att*fc: Ifev *«r*t*xy iiWX <*fei W*i X«* t uX t-.wu• } &Mf* ycu »xgrt6i&& luxtJux VfcltttfAf **# &*r # * k*v* fifcU cX ifc* Tx«.**uxyi T^ t U ftU t & » n , am * S. jol, M x«yfem «cu b t A U ^ t Of j j ^ . . JfifefcMB. i»x, frs^miis ^ m i* E, S. Ir«se»w& *ao> i «** vie#* First &«rW.»Mt« Tfe* ^ « 4 t u a si«t» r « c *i*o u *1 1 uf:y i * i u * x &&&*&* «* iw *feo*fc«x ** &*u «? s«ru * xo« & * iMtttk* Vfcrsu&ja v & l* AS tO ti*«ilX tfllfcisj* i& fia . it iN klU l* t 0 & » » volii&%w4riiy itAi 1 ;i wiiw wtiiui on i t . feftftfc #1 Ui . XRj Wv* 1 ^ .f « 4 * w^r-u f * o * <n*» of %>X %'M dlf C&Xw * &ti4 »*o V<* *a a i a nov iuiio* i & * t I m & w * Qi%$ h m «**u v & l* o**xa it out Vo fcisi* u*u* until U U « a&fes. ft* *<*c*4»*a/»fea tt,«> iv Vfcer* *«u # r w w it i o r i.u*soiii» 40c>tt Wl*j-»*oli« tfto**>»**« IMWi Xoa ^ $ c r d U ^ £&& «*- fe**« I*tts»X£* Ol' A^XivUi VUXy «i » lu » £ & V wAtfctit WQUltt jfgo J toy tww/ OuVdXteii ik* fsft jrf&«&A£i ?ou f-fatt V£U«V Sfctti vi. f i&» lor L i& e o la aouio fc* tfeoa* P*>wiliw K «4 lro *a or PA&&t# 8 &oxtA»n& * * r % o£ litfti** **** Coior*~o i i » * * jf-£<s*hrk}zm X,} t &£ui»k oX Vfc» Ur-itn i f tu&aihi, down i&v^ Vso •# # t * r « *^ x * &»u v^ui tc tn* I ft & aofo **• ^ 8»or*t*ry«rf Agriculture: * * 1 1 , I t thfct ycur l»j,**«*|ie(>, u i * >wv, sm* * iix. jrx»*«ftjfet dal? w«* * * * * * * * vf 1 fc*v« i * Uu*t £&>*> *%a?# t* i& * t *i'l*ct *& & i £ f * r « » t ^ r u « i u tiitiv lv *i*litic^* Vk** fiiWX«V«t»X3f Ct tk* $X**4ttXy! iU* i & «&**.$ s ^ 1 fee t & i * fc&tt t * l « £ & * & * *>«&$*£#*• «3*£X«v*xy ci ifet f?***w£jr i £*& jr^u i i i u tOr» ?X**fcfcU * * 3<Hiu# iilit t&* f c r w & U Citjf * * * «.lf**4} * * * t *>ttt iaw j! t.cuu^. w & **&;* 0 b * & * v. LUL X& w .+ «*a t *» v **-*»*# iivt 1 * l i & U* i * &«&*£ t.. 'lhVi%iB'%ly&&t wfei *A lu # j*ff«£'*!’ tv t'&Qu* ** & tfe#| &&*; dev*x X24£. it*. *1 it ivX i£> X.i,.*vi6* * Aiw ti*fat i * i,-u vvui*t tXU* *fc vti*<SX **4#*« I ju* ^ r t f U r / v..-*r t « * t r ^ a u r jf: t«w> &c#* * Ji*x**<i * r * l * & u • Xg* *e*afeuijf « ! * * ii ti**x * * * « tlU# -AirJUl ti* i t 4-VttX **.*!&* at* fx**«*6l t»rritw *> uzkli'k ¥**# *»t*$ x* * «*x>si « 4 b s *& t vut cir*r t&i£ Ui*| LiiiecXo wf Oat Hi, fc8 vj.f»»*a w. * * 3f vttiar #lt> lc t&« U » t t « f l « svt- llftaa, 1 U U a * I t * ) #euio **> • » ,# liotrrt**? tl U s l i w M ) i to * *i*ftt «<m . U * t **«*- Mo *** tio&» *o ai^i o» &Xft& tfc £*&¥& L«v tXXwX »lu* £&« Osm- t&eAa «&¥*;» «** A&rivu*tur«* lis w i * ~istrict. »*> or *& « v%hmt* Ox &* u &»? fctfc*r c i ^ &»*«¥er# tfo*t id $&iti& to u* a&n# &«##<*? & | tfciti C « i^ l il l * * Xiiw 3*ox*tur$ ox tfes ?r*»*urjt ¥**♦ fe safeta* *'or U;*i, our<>«iV w«# • At&iRg. I or *«& &fe&wlfe%4ly ftr«« «**-raaiiivu wi oti U** $4rt ojf tfea t e e tli# Q&xmxvX&X t w i ^ , Ti**| Ci*l> tttii fcMii COffifcltt*« »itiidui &##i&*$iaE Uli^ir $ r«» |. f*r*ne*« Xii^ ^*orati-r? oi A&rieu* tur**i Ana &i&o lu* l ^ x * W x y et tiu tt*nauXji Ia«^ a«.i 4*fu ua ^u&-«, l&u industrial feudi** toa. w.*i* v u a i or; t»&* *u*aii;>fi ar*« oc 1 u & « it ife* vii-i as ^ b i u &* i •*£.***4*4 cw> ilt<#«> #vbX4 0t f.--wlCw £Tw *v« if. &aui to u«^u **&itf. &<» to uiiio«***•**■ i»Uf.^ricy #&— *or tfei* ** a *. ef*r „r lliwtf &vtt#& Ot&«iX*l£## you «a| 4tfi* Vfe**;*, K£. ««•.. i &**& air^etAjr t<» O ^ s * or £#dr»rf i‘or iafet*ri«*# oifc*x city of v&* * i * t r i a t f jir* fr«#»*fc* X oon o&iy *&¥ «*> jL jt «-» *&* *aii « m c «r&*a , tiujB it U &*%t*r **rv io * tr*Oi^pertuU©e X u e l U t U * etfc- »fty otfe** tv**» i& t&« t#rrit©ry# *r«o X o*& «a | £ m fz XX tfcftt tiis a m Iii« t*S.tfv«u&& wi tiife Ty^usyyy: twt uw 2i* t *««**-•. tJ&*t iv i * & « t W f OTa.r¥ir»i i <5 J*r# lr#c#At«i I*,* w u liiA ^ ¥v* u Wfc*t ***** ii*»t iitor^juy? iiwi *v£"£ £& <$**&« tvr It, saiw* tv- sar** t&» w *u & in *&* tsurriwx^ liuiju «Uij $ & * « * *v#fc in *& *t terri ttefy• Ti»w 5a»jr»t«ur>* vjf two f **»j|k»xy $ f&aiO. y s u # Ml* • i.w .t i a s^i,it* a ? Sc* that cg¥*r* tb« i i s t &£ im i Lifc*0 &As &««&, atf* g * ^ * MX. a ^ A l fell, «* *&? a w w « £ i*« tv «£u*r«** I XLw 5 * ^ ^ u r y u « 4 r«d tv iX v * t v t# h**uni» il wi v); u 4*«*t 7r«**«urys «il o * * « . ife* £(*v&ii,\*+ *« &ut *x# 11 *&-*•* i« »© & * * « «&t*xi«4, .fed* ~lki j'v'v ii&Wte tv to# & i * i t » & * * * fJMtt Hist* ktov&s but iliwXis i * fcattUy i i * * kvuX* Tfc- S**»x*t«*f ai* tfcw triwMiiwrjFj http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis , sw xm «ar« tw ^ fcd U£vfc i itiin* tfc* Q£ jK»«£ibl» ©*p e r i u n i t / U» :*u **•> wf. th~t , *v *x» J&£K<t4 %k* *, ty & « *x Q*fr&fc* 4 OilAt tiifc* t ***** vf 5fi*» i* vt** » •* * * ____________ — ^ — j %hi*k * * ao^iu t « i« *fcvi& 4 r ss is aero 1 Gtflf^faex # is 1^ 1.64 tv Wc*tIk 6> £ * « * « & %fcli£I|* wvV%»r^vr 3»« I $**£ «? w i*&v * i&&& tk* vA&M ra* S^CTfctiUCJf Vi t£« IJteS.iVUrjft w 3« a&V'^iO, VdXJ j~.lfca i***r Arv** >vu, ©v? *?&£?» _ . . wvV*\TXivf i*uf4fiia^ J _ . 1 *>*i4&Vv ttSMSX* iUv« vfc«*X* i&£vx*&xt *u . iir« t&»& I tfe*fc 1 * i i i attu&M **x* *«* fe * Mr* t&litx* if ■*... ■« ..AiOLGiif 1 *a * * crater? oi ui*» kubi'^zkt* Bftfcxg Ui Au/lwVl UiXv* llw vi U»* Tr^tei-ujry: u,,V* mx. JSv*# *jr. k ^iiv x , ywt W a i*Xe«^«sa.iiJR avXv? B ilo x i ILv J«**# ***♦ mi a<#*l *Xcu.;.a * > i * # Xt*o%« u* ifcf. *~US>XS iiu# IzvtkHtoX? t V« Afc*i 1 tU fti «« &&v* gttf. & a* <3£\*xw* A* *&i£* i*i ** *-<* * 1 ** *a ^ v?*r tk« » * » * ^tidlUttiua ti*«kA, I * * * * * * tw t*v* >‘vi, aui*e ifcCU * * X « * S O * 4k u xz W* X&l $• r^&ieftfcl b&aji skL-uiu u-w i o c ^ w j m 1 &*. Sadr*ujry «X t k *U. • lu &»fex**a4urf in A&& £*cr*d&.*» In i*|$4 %hu& i?v $ 4&t & uriw <;X Uv« riafc*£i, uno. in j rcuuotiva ^ w W i a Uftiofu lfc~ i>aeritt&ry w,' A^riwui tur©; itt i&*y iU tifiiiO fe *« k&v* W •« tel* *«iio i'{ H&.v*n#V *« got U*o*<* £ suits fXasa^U at M ^. fid, iiir, &ut in v v. *& * 1 & * v * *as*H£wi lh*m+ ''■ *y X iuiV ^ j;r*##fiWa i& «& in » u i l 2 o£$&t **a/ *' xw* t&»t in tfc*.> M«iV« iiwrttSvivftf (kr* jpx*»»vnta<d. & w u u r & *r s r**>a ^ iM e ^ #fo» r «c ^ iv ^u ad ^jaiiuit *na wurwUj.Qzi ssar&acl in h ib it f* $« Iteilor, r » o « iv « u u>, S i t n « * » J&nu&r? *4tfe, i * X 4 # «*&* is iiorw^i tls roturnwu*) t&« a « c f « t ^ *i' A s r ie w t u r s s in yvur frtifr&x W i aJ*Eu£ Att Mr. tb« ii?10 * » i u * u *vfc.« tiii/ifc t¥4'JT k * i i u r , you r ^ i& r r «u iiv * siv<ii an £our&ak* L,0* GC'O #UvU• 0 0 • £fc»r« «*£ t L i * ii&naidat kr. «^JLiur; T u* &«crvit-r> oi fe «iii Tki & » & » h * m i w i >±i Scutfc Qc***n»*, Tr*u*uxy: Tl;^n& yvu, Mr, f e u e r , t*fc* *•■ r*oa*><> fcv* ut.iii it^c u #a i ^ j t jp. it. H uff ***-&& * r * o « * * **«$ tuJutii u n til i j a g F* j*. AX* son m a s KiCEss. Al«4v O ’ Cieek f‘. Xiw c*9*«t&ry oX the Tx**«»rys to v-iU«r* *&« fc. will fto» £&*« iu w i U & 0 * fe«*teX X ro * 0fc#fe& axm I #Ug;£0£t t w t i&# x < 3* r <*nmtni&tiv * * t&&t yote ««ust to i&v * k « & n u /ct &<-* i^iiy *x* you siisfc u» to o & l i t Luti*#x D x*Ju : '#* fc&v* X iv« ox & i & I v $ * 0&cau>, ^x«i - i<irt» *<o£.o«*r vX oou&vxj U ^r««e«4 th*Xs» &*&&v»x» fc&&t & « « & to o« {tew^-iy «it o tiiite «*tatifi&, *fw <»Xt«r #* is.*** * x * o * » W a ^uf itiu i**, li yvo t i* * i x * , 90 swy wisH to «**. you to Xvt fc*o&« w* feturu * iV 6 r « # X ^ r ^ o « to t&« pojrti?tU.&x oetk*i tlottis t&«u ixi iuwir ^ « Y a f U ee«i**iJUti*ft* If* *l*fe fir at to oX X»x# i f woo**.t*»toi« to yott, t#o e£ our I c & iiA g afc©!****!* *&*rc&eitta, Xixu 5kor«kjry oX tii* tr• » • & * ? I if* *; «x« oX your uiotxict Xiratt fixafc#* It i * ri$fet In Xrtmt oX you. Ia<* S«oxat&ry oX tfc* T x •* * u r y : *x. Po you &o aiX 4 to fe*v* put &i‘* * o : f & i * i & youx A t^t T*a# ^ ir . I<i4 S*OX« 1&X> oX ti*« IX«A8UXyJ It »lii XwSOiVasU 446 (toA wxtiioit* |r tTktt &»*• »o ie U n tiX i*^ «*&d oiXer<*o# *«i» r*o«iv<s>a j.tiuritfw *4W tii«#X«Ui,0£i •W?Jfc#4. i**iilwit 4 f fltO *** ------------------------------------- 2078 * * * * * * r«ceiw*a im u a x g i&H ») & *»£ •& )*xy oi &&* ?x«**fcx>: Xw»t vi fit?* ysu u iv iu ^ iiiu ovuutxy itttc d is t r ic t s so fcljati wi*%# x-w^i uX tisw oouaixy * i l i kx.Exfckel *i£ &* o*y iru-w a'M % &«t 9 * A&v«s &et . Xi&fcx«»# ti*« %q ojb U;3t« $ * iiiiVv tfttii fcftJi* tiiw i i i u j k u . a ^r^swrii>«a *4 w>- !**« Iiiw vi cX il * tx»MKaryi £ &i* i » $ & Ut* $&«oxy %u»i> iU elXlOtdT fcl • irXaa.a: Y»tt* $« noiiX* IXLa to &*¥>. MX* iiuX6«a* w 4 a ^ . * * thv XiXfc* aUlmats* 9 tt.nis.iit car _*a^ j». su n s^ Zb* k#®x*»t*xy uX Uis ft^te^uryi • a . &uxg#*e* Ca ^ L u , Uu i^ru a* fcux**#*, *iiuis*iuc dry Mr* & » « * £ W r y , * * * * M j iK-r-t CiVi; yxux Xuil & & & •* fay tfc* u w t i t W gfceas iftaex*® &v~ryti*if.£ l£*.i $*&fc;Us&*iu »it*i r «X «r*A c # u> l*&.oxt«fc«* wX J,ifcfcUA» ac* Q&&&I* *a & t b l * » * « L l c t $X tiiw c cun try * Si ttu ut fc&y di«p*x«4*ift»fit cX U m c i i t , i. r a & ic r ^ l o-iu. i& G**fc& * « &*k l o r UtsjU uX ti*« i&£oxt*r,«© ^X Ois^U* * s & aJutxifettUfi* «*» t # x **w 1 * * v « iv *XX#x Viu.t t m t t i W i M S * * * * tfc&t • « i * uur ***,. i»v* il tf. JOT? atejro. i iiur tUfrifcg Jfe&t-i && tete$i&£3£ jfi| X'&Xfoii .xuZi^t-au ujkk *ix ty feiiiicA aoi.i*ri? £t»£*u*iXy # *> i*rg* £«.r«* v*' #&iafc X* .-c-uia ii/>v tv it* tv sfelftptd i * t * *fc;U u m 1 fc&y* i i %lii* $ZYQiiti%i»$v, fiii. iittcr^tfery ^T A gU eaX U iTat *r* a ir ; t ^ . By i U | « i | Xi yvu — you & * * & t fey sifctys* i£*v & « c *»t^ry c-f %k* f r « * * u r y : l*s# «* *&uXa i l k # u & *v « Ui*t. Uiu w , c m u r y ui i^rAeuiUUTu* T*a* tu** y u ss&*5*- ... iLult «i« uk* £ ^ * qi »1 vvr iivt ssiar* &iv « you tJt& ^ r « ' 4i i u ^ ^ s I s iii iirat, liiw U c r ^ u i)' wi t*w ua'. Y * * # ii #cu li*© . We ac 4&J. *alcji io #*.f6 6 7 #& & « 0 d lc-., , 11(jiii». ia &*&&*«, c«at lawtfX* «jl* 4i f#TSf,0g0 .ifQ. vur & u & i& « d » in fcv^r&afcfej Sa .,c ^ ♦ '•t p *x e *a t i & f* uw 40*41? £«* «*ftt i& a * * * v *t cant in CaXcrauoj ^ * 7 ? p *r a«At ir* &>o*4n^j ti 4.«x Gi»;*i ifi SteutJl £ » U U | X«2 */ £«* afciU i& Uft :*i ili tJUtfu Tfe- X tfcis* ttsat *?©▼#** *-XX #* Qi.«.i** <s* l^ricuitur- i .. ;• s.. .... J j • -*• ^v." A e u MoflNfet C 3 ii« * ** HWfctlUMfc# c.rc IV « u t « a , »ed tuc o U .*ra / * i i iina ^*Xft " - -v , M * 4a t u r « i .-1, Ita S i*- W iv. 4 A? aafs Ifc v » * Xig ux*# &**«♦ a W cf Ofefe*»fc «* lr*t«*#«t» * u t i r # i ^ In ©ivy Q **h * Sow cn tlu feM&ft s* ikat it i * QmtJi&j • U U » i« &u%*iua q X i&y tfee *uzxst#m &*&* &*£Uf«st ;**£&$ &&*£ ttejrea&UAe &UQLum»#9 *blr‘4 U U ' Safcr***.;* |X&O*OOO*GuO*0Q & y#ssr|*fei£* lj&te T & * ^ax«ttiury Xkclttr*! QJT 4<#fc*r<a *a& &***«& ahead $lfcfOQO#©l& &«O0J iL&ftafcs 8X?#OuOf0vjO«OO# Cole- ruae $XG#0vH>*0C£«w0j !^ * C t f U fCK&«Gdi X«itth6 $ & #^ £wfit*uk* of $ « & * * & ! mm&~ wski a*r«fc&&fU&»f Mr* i*ur&»£&; I wmu it Agxl6*atu*«t tX£#vC&#OO0*S?0i Setttfc #€oa#oo* Stfcil $7#f t ® > 0 0 ^ 0 0 * # ■ |4 |4fi|0 (*0 *0 0 * T & * & «e r »t *X 7 «X Afjriaultur** Sffciefc i » yen* eeife* j/#ti8g tfityt kr. Oux bifc***t «#Kg*#tl&§ aitiy - Uw Missouri K W t , y«w ■■»** Xfe« h « < w > ot tb* t r * * * w y j II,„ s^«r*tfcarj vX Agricultures «r. tfur*«»*» Xu* * * i i * y««» n • * » » »* u .« Yus, “l r . I* * • Cfeia«*v. i M H t a ; cl A**l«m l»»*** * & « • kc,i* t*rrlt«ry . 3079 * X* iford *• £&*&*»«• 8fcrg«ft*t T«a# sir* tiitt S^ojruWry cf Jfrteu&ttsfes ! & * * *tout I *bjr* .* * * , ncrt&«rr* Mr* &urg«*«i C i i k ^ g is & &«£&«? ee«|* titer i& eeuUrara £*&rte*i& *ua ri<s2Mi*x& Til- &*9X*Utff c f tii* ?r«iittttryl Mr, &'uxg*4*i * uy utt*vt o i l ;, tkSU*k $&&&*% Citjrt k w h &erto tfc&& Ju ju m City* Tdv S»<nsfi4«ry * f tfc# Tr*&»uryj &r«* tfe#a« £i£ur*fc && t* t&« ca^A o ^ u u a fc*r* &&%lv£Lai 0*»k* <*&ly qx mtioa&X $ M ykU MfcJ&M*T ter. i*ux£e*3 S f&n/ «*xa Tii& fltforaury of tM« fr*&aury: fefcnitft *4o&*# o£«tiusifsiy, £o feu tfcir.*; er »ouU yew a*y tM*t ©*&.&& Abaft &» esusfc Ousinv*i, Aa txu» «<sy of tt#r<i&' &*i*# f*oturis& ** * &»&& iR t&* di#%rib%» tic* — Mr* £turg~a«s !<**• fa« i**<sr»t&x> of tfc* Treasury: tot* *&**<;*** &o *0 , 1 «OiU£ fifcrt* V Tiu> $«er*t4*ri oi t&a Trfc&auryi Hot a w ^ ^ r * do y^u truru 1 Cfiie**o avaaT Mr* £ur&»*»: 1 t U & & CJ*io**o *>rviwfcfciy 4e*a *&**« %i*ee &360 a if / Tfc* at A g t lG u lim & i «% A li4 **• & & & » & $ C it y , m # itb Q m h & l fccrgesa: V «U » JUfcsfea C it / £ $ * * & t*xy »*&&££ j*jrt>« & **§ § Qi &u»iw*4*i in tiicvt U m l l i r i feu&i&«** u u ix im i & * w m p & t& X *x%u €t a & & « i& th«a« # $ » * « $ i4 v^xy ttMUa. ¥ & « i* Hurt la c*»t &f t«m to *y. fi*w & * it * % * t g &£ hk* Tr««A uryi 4o ywi tiiifek %h* i w k t i m fee#* a*xv * U « v u W zaim M * m & in a * i a t x i « t auefe * * t&£ &, s*£ a &t Qa&J*«, io u ia td* m x m L i c *% & *# * i?uair»e«* in t & * * & t i r « a i # t r i a | t *4r. iiuxe****2 Afew>iut#iy* Ui*« U#<jr*fcaXjr ^ i*ia fr*aai*rjrt £ « i l , fee* *•£«* lydttiSi? ,.;^ tut.i »«CtivIi sarvteu ix o m Cfcie&g* fc&si St. p*%4 it* a£X»fri G<ii»xa« $X tU i t * w Mr• BwiX&*sa$ |f&jrfca&& a-OUi^ *&&t W tern* £ * & * ilvltur X &««& t*±$h% i*«* *« x v *a &a w«iX or j^ea&ieiy * thv & *< ? «t *r r el fcfce f****u r y t kx, & u x g # $ *: tk* i*r. &turi«»*s F j t m € & ie *$ « t fra® ci A g r ifiu iM m i l& a % * w * t #%• Pfcui * « a ***** **** * * * » aix*ct lit ** ittw St, r * u imd t&fey *&■?¥& %h&s, ju#t §K*ii6 i*»a tc l«fexfea&& &* & *» ©tfida; ku£ »yo*ir,g uifttxiwutii^ j/xcp^aitlcn* ^aa »b 4c fcfc# &&v•* 4 ix#©t iitM*$ is Syos4j^6 lfitc fycs4*m &$ #vsxy ©tfc$x \ c«at*x. %L# &%axw t&xy aft «*** w^li &# A§xiCtti4ux#5 &x« y w x x$i&iife]Qu* City - Q**fc**a X *i&U © »a «iUi JUiiaa* City « 1« ft tr«Mi« **y? Ax« tiitiiy f#Xy iafctait** ^x r^tt MX# &bx&34>*$ ld«, six* Ii*tt Socrstwry ci a&xiauXtuxsj Tv wk*t ©xt*xn,t ivX* t**y seofe &r«*t*x tluus with Cfci«*fc&j. X X f;X3S&m*# U*&*4 •i t s £*&»*» Cityt ikX. G&# y *»# fiaaafc &xsfet«sx* feuafc *w>X« X je«t&fc ** iv ?«xy »**& Gfcis*^© *&&-£ » « a© * t 1 uisuiiaviXd t^oU yuur £#&*** City* c» & is tv* tii« x«i^t.it*«**h*n X a*ki4 tk«y «#X<$ T#xy lft U w l f * Tfc*y *x * v*ry XriataUy 1& & atoitil **yi &i4 t #to«fc i t e©*#* fcc ir<*4 » X#1 « U « » « *« 4 © i»wl « «M in aAy A i g * * i « t *fei©* **& »*» C ity #wU*i #<*xv*. T&* t»*«x* w xy ©i **xie\sdtttx*; &x« fcctfcifti te •!> *** « * t MX. 8*r&«*»t # **• tfc«ix x *U tt< m * r* •I £&rt cultural nti»« to i£*«**?ar*t# Mr* jtexr&fts** is t&* d i s u U i « n & I * a s & s Cityt A h m lu % *X y m % * th* 3»er«wry a t A&u yvu w hU 6 swl %kluk it Agjrir4l«ri{ Evas U Um **a*rve b*&& «*r« *ut is Oitefe&t If* • Bur****** I He# 1 a© s$t tfcto £&&*&* c*t> v^ui^ »® <earv«u ’ •* “ • * - “ * *“ “ ' * • * “ “ ** “ i ° ““ “ “ *“ • tt“ * * " TSk* £*e**tttxjr tX A^riculuur«: II** t »^ui& fe* your *«9o&4 ffc* t*cr* Wry &£ tk* Tr«*».#urys 4«rv* &«axk *t Gvti&b*, uk+r& Mr* £ux§«*«i 1 / ti*«r# sfeetote fc* x«- $ m few* itl At Cfcle&&%>* tiie S * c r # W r y uf th% t r * * » u r y : ?& « * t * & t a so « Osw^fc <J&rry &*r r**«rr## i» iii*# » * U # ## iwwjr »*ry * * * * * r«*«*rv*s lie C&X <£«*&</♦ cj*n&at &fi4i**r tbfct (MieWftWljf • TLa gs ,jr#lA»y of t&* f*d**fcry: Mr, £ur*»«*J i £ *# *» *• ae&* **«* *»** 1w*l k** ** t&» ta&*#r»-f * « * * i&r&* r ***r **& tfc*r<** ^ S«a*ft*ry U te. | U * * * * • • * *■*** »nr« y*u *&$ ett*#r w k M*. * « * * « •* * |IM « I * « '* “ ** 1 * * * •• to ft ta km &UX&4Z&* thv £ ««r#t&xy &£ A«rietU tur*t tou «s*n jtil* %b$% *itfc u », i f you trliXt tk* t^jr«ti*i7 $x t&a fr^ftsearjpi will f-ut U fll* U it i# « t * t i » t i a & i *3 t&« r«o^rei* iiuxgxmi tr&&*«eU o&« li jusfc mussfc I 6*t| i s y M t I M t h e # • * * * • * * *>£ Q&»ka ##*« $&*XSi**Oev,GOC>OG* f&*t Uwt wur olflu-rlAg huv»« tria4fc&.«*io&», but g o u a t » r - t r U v > f t » # ~ &v*~il« 09 *Ci*>$ UtfOU&b cur ? &« S « t l « t ^ Jefe&ittg; e *& t « r t <>Jf tfc« Treasury* te # *t*$t i « Stak& & Bt>» &>*£ it ces^&ars in tia&t ras$.«K2t with &&**<&£ City a a * Jetoblog c«Ktur1 **:• vu£$tifKsi £«*£* u Q&&&& *itfc tfc« U*x tii* * art tiii9 t w r i w r y (*&die&ti&&) is juat && ift£u*t&&t« i& j u s *« <» Je&bi&& «#iit** aa I*& *a & City is U &s t&pwtumt t&slx UjntI ter/ m t th#y h&V#. th* S**r*t*ry tb# fr*a*uj?y* At fc&fiafca City i# to tfc« *uuth t&«»? iix# Bvr£*a &s 1 t & i& X tfcm t*£ * w # ia *« u« it cur t#rxiU *y la gxefctar tfe&te tb« £«*««*? i& ttt«ijr k n i W h <w* w ^ w i i a & » & • ay tt*uy &*¥* t&# c * % » t i U s i i tk*j &&ir« *t St* irOUl • • * tkm 6iqsr«t«jry uf tfc« t r ^ « u f ) i i«\Ua ycv* any f rest yvux mm U 2$ M±ra ** Bus***** / : k m ml **a^« ©i ih * g#*s»x&i so nm% v i b u s i m z s is* i M * territory / £n>& jro« ia$*x«*si$e aid® <£ «&# fe*«i&«*& $&&% Cti«to.|,t «o^si i s i l | ^ Xx^te youjr *.&;/#1 #4 *,# o f *&<* i& tifi& t# triiud x«l«* fcisfcskijp# t x i t U n i lUut#s*«£ ()&&.&* &i*u Cfeid*g9 # lim t & x*»»yv«, »iU* Cfci«**o* i‘ sx &« &«££<siuiurt«X3 i^ x tt»« r ^ i w i . ^ ©suai # ^ 4 u *#r?« U i » t+xtit&sy $**%%** *& *& t& k&v» It a*£***$«& Xx©» Gfciv;***? «&4 &*v* t» r©»^nr# *>&&* in Os^u^.t IP* &urge*&I v»i4*&t £*; 1 tMiU. t&&t $£&&& w^uisi U ft s*x* eofc- I I I t£« p0*#l9 40ii% m & i m & x in %h&% ta x riW r y tfcaw Cziig&$6 Tiw 2*cx* wxy cf tt* Treasury i A i m * * fck*u j?*>u &&a 4\2»r‘»M*s bftiU ^1 C&ie*go *au & etxor^, vr&nm *t ih* Xt*i*X e*Mg*m*x% j» r * * s r iU 4 Mr* j*ux&«*fct y g f ) ixiv#lj & fcy*u*%%k *y Ifc* Aat* V4>i.it *«* c^u ia £*ifc« e«ur« « l fc&*t is tli&fc &i#fcxi«t| fciit £$ u u&\ m ** ftoi Iifc?« l&» preetii* thut *« ««uia L»v» *itt* to* x*fciv£u4 i&e*tea id Ott&A*tb4 | # r « u i f o* ife* Tr**»u*?* l*«i *w> * » U kx« fcuxg*##! V« a*vi4 W R * « * * * ** i^cx*iV«jry tc w a fi»ftMi7) tfc* |sr««U&** tfc# feu*ifc#«*f /#«! *ix* Ai*a I® &«t ri&fet a^an* jitofc»«» ©X %&« jtxefel#* **a i»uc|#s^iatic^ %&* o*rr*x** out oX »l*t U m» A«*t r«a-Uy i**«ttti& sli&ii fee &»&#, aoaft - Ward sU Miff#*#* iMirvlz^g ia« C€/S.v*4*i«fl8ij &&& $&§ &«>iii*r&i $$&?$«# cf **%**&«»<» in Uw i U s m e t l Mr, Jter&«*gi 7 ««* Tkw £p*c*«t6X)r of tfc© t*<te«mrys Sla#t# i© yotar wttXu Uu tn* e&st *rrftttg«tt«mt# ** m? to C M e a * t # or it and U oa a ^ ^ r & t s a from/ fc&fe ft u i a i r i o i fcvrvt *r» itor$***; My j«igft*&t# & $ i« t&«a %n^t wrri- V. ry w&uia 4>tf U t U f a«rv ao by &i&vlt\g a r*#ion*U btati* ii. 0 *i*bA, f * fc*« lli «X e »«r t&USfe *ifc& * & » vcuiu **& «» tiUfcfc C&iCk&O CMc**fc <*$»* sor* fcu©iti«t«* %h*t* £or th* **&&&& ti^t it i* t*ry i&ua& X*r&*r; t?ut •— fbw loetdUljf cl' tfcs Tr»Jtftury: Unit X m ? p as«uo» tfc&t y«b ho* » b r*a t& aitti toi«*ufct« ±*n*«r to 4 * * 1 « * t t to# si tu*~ u<tm Mr* £ur$*s«: • * estUa a » m i« 1% v«ry cicely. tii® 8*er» w>ry oi A&riso±tux*: T©u twd&r &*«&&» of eour*#, *£ 1 X s < iU U ii 0 % & «ir a c r o m tuut tfc* iaatviduttX &&* Uftuui tXAH»4.GtivR«T AST. BuTft*#!** !**# ***• tiiv & * * r « t a r r U *&x * * A»4 * * * * t&« br*a©fe# *o ti.« X&# * o * » # - tfc* o&ly 4i«tl£ fttt6& in t&# *vttmu * t 44 , *>i&ti&& AcrKfuXtur^i bo6Jfci^ 36 Ifera M, Ml*. &urg*«»i !«# • fb« to*or»wr* oX Asriouitur*t ■:h a u r^e**: &> JTa * * * t&* i*w |«**t fkute you, Mr* Biirga#** m m m tfto £ « « * * * & * > Mr. ^rig&t* or ©X A&rlauitur«* Your i? *lii|iit t Jefefe#* «**& #feoi#iwd»r • fefcrM&xn iXMltwm* *t Qmukk* ?b* 6»«jr«t*rj 44 4*riouito.r*s Xou &&<*» ta* j>*«toivfe tu&t it oooXrootii** m $ Mr.frig&fc? Jir.Wri§&t; !««f sir. T&«» S«o r«i^rr of Agrieuitur»* tit&%*u&* %s*m% j*r .W r U & tt tiii. you &i*«* us &.&? **- you «& & ? X l«v » sot ft*as * * * *r$j.-&r&ti$* At « a i # but X) la v * «o*dtf fcM tf T»rr wri«*ijr Uu»t, o&s** o& wfcAt X &#?* a*»jrd &<*r« tiii# worries msa **«. ia*««s * r * Xoofeiog i'cr f i r s t you tfc« «&fctur*JL iocAtici* for & r**ioJiAi fcA&Jt & »a tfc* t r « ^ i «X % & • tr & iU . Ho* ia * A *ou±& b» t & * t tJMfci i * ei#Arly aflfdNMiHMi without ***y & r&ui*r*t ir. tiio a t A t i * U S * *&At * i i i a ^ t ojC G a a A a Ad a fr# «ife*itt*a to you* th« 4*v#lo£~ «urfc«t a « f i U r , tfc* a»?#iop*tefcl oi t&« * m i# 0* yftrUO1 i&UlXefcia, fc&« JMMSfci*i$ t U t * *# 9 % % , the iitXr* \ In- Wjr«*t», i&« gr&ife U w r # i U # t&* was* *wrifcst &&a &XX t&*$# ? *x iv u & * © i i v i U # s mkiah ii fc«r* *S*4 tv*QLui± & Xiktgif iX*H i \ A , UtJlG&l* tlu&t tfefct ', «jsd «* jutturox sssurea «£ w n a tmrie*fctrfcfca>4 ir, m % w e*ll$ ■ ; tttKU X i o * s . 3stvii 1 » ft %X&&* jfe* t & * territory* fci' &&»k e i« & x i& & # it* aiix§uy 0®*.k# t&* ol tb# c X *& rir % * i * & i a & t » &&U 1 * * $ * &*;«*• «X«*rii&£* ilfi&iO&t* feu*i&»s*# W d ilid B ^ &M it is &fctiiX*XXy a tri&ut#ry «s£tatf* Xiw £*MSX*Wrjr A & r ie u X w r * l &£ $ * l i # & e y *u t h iu t Uw*i id uX#****. tft« Mr* I r i t i s & * ^ ru X *, f l w i» ***y tw Me«$>tteiui« f^ l ***y w« e k t « a X t&i&iL' Tiw &*ejr*t*xy «£ A^rieuiiurtij $ * X i , t r e ^ 't t&*ra a o ^ti&«t a r U i i o i U , *ti«*t*lft»tet t& 9 vvt£htt ***X i# ***t 1 thinks Tju*i ;a*ax«t**? $X Agricuitours* £*« * & * X * s i# it, f v* iftsWrass, » # is»<feXly *1X t & * & » & * » fvund in th xw fr A X U fi* * * 44ic«»#x«<l t&&-t t & *t » * « a u « tc t & * ffcift t t H ftfeat 4|A it »aui*i <*£ thsy * * u i a toeofi* Wdratl http://fraser.stlouisfed.org/ Federal ■ Reserve Bank of St. Louis free *H d »*mm& * * *&*.«£ tfea* t&lfc fctt* & I X i f tfc*y »u i* cX CttUTftw *i**r tfcrvufcfc Beat©® XX * & & & * mm U 27 W« S. ft** &lfefc*sy © 1***1**#, feufc &-*»««&£& i#v fciiliu^e fcf t&frt 1$ ttXtitf1*1*1. T&* » # •* * * * * * ia * ¥***euryi fke &4G7# **¥y fei Afcxtcul U»JF*t la l^ r g * fajrt* 1& nntuaXaMski* : £ * 0 «.r® ysu * **$*$?! kJf. Vrifbii ik*# *1*» ?fe* 5« cr*W if) a f A&ri<sultu<r&$ I Wtemtfet £**& *.$* juy. *«*r* & tte&ker * 1 &&* ftr«8riftfett ffc* Wit #lx; #&«l#»&i*r.. &**$&*%**¥ 4*1 A * * l « u i t o * i& t £*« £>?*•«& t p&p/uXik- tivii vl Q&feJl*? lir* irigjkti Hy i» t*«fc Iks l * a i «*.« i«*Jb*v*VV • Xiic 4># iif A&XifiJUity*a| Its, t a*tui& |«tt y^ii&lufejp si* tc- i t * v * 1 ia#« &1 i»U4i i* t * * ii 3 u*x* W r f iM r y ftnwyfrfifffc 4ltii ifcftt vl k&tim* CllyT *ur. SrifciaU I*ii# i® ***** p**tl«ul*jr 11&* City Ju * «* iH w l**#* lii fctoi* I t t f f i w i y * Xfc* B «(iN W r/ af A * * l * * i t u r * i A& c u ^ * * * * iir«fri£fet« 1< d^4tt^fcX«r4 »4t3i 3t« L&ui#* iu tfiii w m u x y # http://fraser.stlouisfed.org/ XUe Stftif» V^py Federal Reserve Bank of St. Louis & aw L au l** $i* L#vi» 4o»s>, a es>B*i&*ir*i>l* rvla** ai &^ai£«#6. A $ri*fcl ¥<*u & *v* * i«.ar&a & **& **? & $* S. M r*!*!**** ¥«**, aix* Tft* -yJfetbXjf o* A^xiieuittur^s zi&wi&g *>*• * * i & % t Wi* X i * a t C ^uM ysru * 1 #* u» &a> i&*& bmit&si* iu Ih w v afcfcx«»st I p*#£&r«d «x I isU rt#^ fcu $ * t *&«** ii& u x** %'tmm* thstx* & *« $ftljr fcne £«tift'tft i $ * & &>** x * o * il* ii'i Ftv+zttinn %* <*-ux M ailt* ftu*i&£43 tu* ai& ixi& b* li«& iu l * * * #&e 1& *>#* e*i*i ui' %&* l& tU * Our tW fttiUfe# <*t $UX fcU«4&#»tf 1ft ift ©X tftft tr&l&i* $&##£ trft fcui# W riA t#X i'# 1 ft&Ut&d ftfcf £xe& lk0»« i x&wjt**, Mwi a w I **•£»&;» w&g Aw |-#X *uui 4 ^XfeetiefcAly ft*?x- #1 tft lft>.*« Xi&wr* 4 !fe»t &*• 8tt£&#»$ a* 4 * tb *i iw « j^ir i&Uiajhiiui* u£ tfc« tx * 4 * Aieixlfeu%l«s* ffcv 3*ex*tux/ wi i&* fr*«i*ux*r CftliM»£« ift tfe# fcu*i ft## a© y^u $*«$ & *« »iti* tfc*l y-vu 4 * I k 5.&A* texjrituxyt r kr. 5*i*&i5 lft tft** * * * * * t *x x it *x y t ffe* $##r*i##jr fti %a* fx«te»uxjf) ilXtf JTigfttt ift« tx«^e % ¥««» 1 • ^ • • f t l ^ f t * « U i& ## XXfcJfc «£«.t 1 *UC* fcX a i# tfilm ti# ft s* CiUo&^c, uc.**d o& ift* & jr*<*x* wc ft-^V«*> IN>$ft t^ft#X# <fe% 0IMfclMkf X4 V&®.U & V I ft* I^XtfftWit# ii&<$ ?caus** u «ur 4 l# triiH rtiM 1ft tfc-fc lu r iU fi h u * *&#£ 1 ***4 * vi/ uwr fuAu#**, 1 atfc.i« ift ift*i U i http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis ■ - B fcfc 30S0 S. touai £*»€>« oif fcfici &&t & Vvigfci. ottit wkr ffc*> S t a r e ***? ©I iii» ? * * * « i * y f b&aevaUhM-* I Bui X et#»M $«jf tifc&t u n i l # ^ in & a * * & ? &«< #* & » c * l a » 4 * '& i < u t»# &#s*#fc**y * r ,$ r i £ & t : Rlv^jr Ito Tefe & * & » f r s * Ossfck** m &% d « C M r for «g¥i6*tt«»!*l. Qm &* X&« & *a r *t *r y ei &i\M SI* L w A s *fc« &m is %u* in & £ # SL*&*±& Qi%$> t&* T*a&*iflr>| Vaijt* & * £>$*«**$ G k lu «&$ u^«» i«* i**$ *r vi a m i M a a *& il a a i & tfci« *a*Y|U»«¥? Mr* m i A ^ ; C&jU?*&d« ttu $#sr<*V&ry *£ tfea l m $ i t f / l iir. ffll^it T ««i &r* ffrl&ftts u^ii* ( tiUA* i t &«**«? sif. X * * 8 # « r « *& r * vX *&u 0&sfc&? \^ Xk* &*a*®tfr*y ta4T 4|#4a«lttir#t W * S ri&k U Xrom X a *aa «* le-U uwertHwrn a****- of our lixta* w\.Uk*t * t le a X tfctei * a*&4 ia&frlf ga&a**Xly i& £&&#»$, QlUafe»ait t&& f SatrtJMfcaat itrrifccxy* fW g * s * a t a * t a* t&» f t « f t « ^ ! i *&«**% Co±w*«afc B U *T k r .i n t i i i Ik c*±v»**» *>*» a u k 1 *a*«ia a»j u « SCltl U & i **>&<**%i<*& « « u i& *p&Xf+ M jri**, Vfc&% a srigat* tifeie*gv9 | $&&«&& *«)r «&a £«*i n&i'$ *# * M * t*-rirlt*xy #fcioa * &* # *t tti#« t&# *ai&4a#s*> fck&t &t« tv%a» 4fc«4u T&* &*«r*Vfcjrjf tfe*» thNto#wry| Xfe« &«er»tft*y U' A&rltfttiiufftiS t&wt*« *£i& * r .$ n & * ;U £&*£& IrSfc* ikd*4* y©u 4 « i& r * U g-ca*!*** *& ** to Uft* | «6u a * Uu*t« (Tiw ir4<i>rMiAtl«di in '&« ftur&itb** fc> Iri^V *r« uia~ fcy &r. *JU1 &* au*r*«a jEj&i&it i i t M ktm ** ir i^ k i, *&iry- ^WkOtfU «UtilH&'j ±-*l4ki) s t m n t B f at j a m , W M ttlitt* fuw $ # •* * $ * » » ef l u s*r* fr«i»«Jts Tr**tfurit Tvw »*# ***** j&tr &&&•* &ffu C. T f m & t *«**iu»r «l t** $%««& Yfare a | » U « l u a Jte&ij INWrtll O H M * tb« S# 8r<*i&ry e* $ii4 Tr»**urjr * y<.wr«*li“ lh« M l yew tl&kiy *4*r **$ fe*£*►*« (taptttf## &* *« $&«** \ a^wfttry a i**r l« t » *ct& ifc r«r#r*a«^ *e tfeia £*rtl«ttl*r 4 i * m * n - yvi» & *** 0Utii^«4t * r . tx+&Qt*i Ik# fifciwr** X H A w p*iA«&»»iiy -------------------------------------------- ft 31 <?* •*** 1& bviiyi«6U5B »4Ui U*w r * 0 * 4^ 1 * al Ilf-® #i$sk g&l£«e&ts #*** avrir«£ 3 Xrvii *4 *% « *•* & m *«tiUUi#**fc tel $fe* Soiitb i&dt y*ar %»rxitvxi*$ iyk&g $ m % 9 mw%h»*»% * m ua» * 1*4 «&«« £«« #&«$« T&a aitKthur vl- &««4 «i U v t atoGk Tmm&v&i m % t, f?3>4#$E$f «£ *u« zatlmtntfk V&lu« Vrl |l%»l#u4 t»#^?^* 4)U* ffcl« i * %£«* V&i&fr txi wttlsfe i*»&aa #&»& t&#y M Ti*«& fc$ is****!. Ti»* v*4imi o* I h* a±matUti px&kw t *.& put vv% ay ifen *&eklii& h m m m &*cui<t*a t« $10£»bl9tC&Q*C0« B& per a»i;t vi tfe##* r#» cuipte o*4 ** £ « » » $ & * &i*tjri*t i&$l'ii4«i& t6 Sxtalblt * 1 * Vi%mn& £ *« *« )• gi lwrtw * & $ tfyv«4 fi* UikZ*±i »4# f i r s t * m *• 4fe v#* ^ u i # or uae^tib.1 % c f liir« » w a « 1& tfe«t &«* irsrf **rla$ tuxv* $ & i l io© fe«*u * jUfe&g **.* I&UXW i, f&* ««ewn% tfl tu * ? ^ #00w &#*&» Ge£6*Mto M&fiQCQ h v m i aoutfc Dt*Ju*U * ! * & i & ? *4 ; *iUi 20C»£$0 1* t&« *»**&******£ i>«r%i«4K ef asoyifc t&# &gui&v«»t* * 6 » JSX&e& B ill* *a& F*fc«* fcvRtfc** w* x»«*iv#4 U&# &u*&«r# iiii^ &«xt * K » lii#44G *#*<*&♦ Or^vft *fc* 6 * * 1 , sttl &«ui«**a* ¥&&*»« «jr« fli# t»Qt*UJty «f A^rlom tur«s 1 % >ildv C*tu* m & l l miftWrt* Po ^ Jhm»« »&*t f-« re »&*£»«« «£ tfetf Ilf# » I 6«1 li* COier«*2te fctti Utfeii £0#a t« SLan*** Cifc/ J dktkX it id &i*tewk iur« f r«£M?i*i Larw x £«*&•& 3 Qi\y &&& 08»&*? i*v* X u%%}, Mir# S»^x#$*4fy* *>ut $i&Q& cocgi&g r#*ii*#*i tiM» v&iu# o£ tfca* Xor «o%fer«UT(i |?***w *,0 *##, uao. #Atfc your $#raixtfiou I «ou*u. ii&# to g&tb«r tk&«« ^ t&ti4bi64i X (f&w sill & 0&«§ &£& XfMfttftlKt t&«& to you* &k& izf&rm&tiv® o$ro to fev fura} mn$X be afertedXjuilfelt *,0 , 9itJUrd* F fe a c & , i « U w u « ^ J * n .u&ry in o¥ ia*ns# 2 4 * ;U X 4 ») Tix- 8eor«t&ry of A&ri<nUtur«s tii* «r»*t»rc ^xt oX H K M i <u& to *iifct a U r . t M l Ut&b s*©*&#* to or*# & m to tfc# Othar oX i & 0 &« i^ U 4 # & . kr, j>'r«fta&: I « i X # U*w> &*v# v*ry ^ k ^itM.ii: *' j*owa« I<-oiAi%i»# *% £w&Vi*r &o»| c *t o «* y *x a * oi** vUt *»tiXX *, or r«~ iro£» CaXorfc&e X * a i ye-r * « r * & & & #0OQ fiu> &#cr#t*ry oX A$riyuA *ur#j 0ou*& you w u you <ir»* t &*t jCro» tfc* u*#t«rr; or t&# ^ » u ^ i £r» Stvt&hi tifefc* X r o * £0 ^ ovuatry* $i**t $ « * « # & * * § • of iiv # U ii* #«*tio& *oui4 &o t^xougk I* C&io&gv, *ouia "'i:'i^.. you «&yf Mr* *.^rtt X ro * fcotiij r # i^« o * u * * , «&&y o£ Tit*, * # o r * W r y of i^ r i a u i t u r a : stvc* i& us « & « & # ? fxe&efe* A very «A#il ^ r e # K t ^ . t&Uft 0* fh* of A$rle«l tears* Oc-uia $vu % *ii u* m?%hX&& afccut *&* dltuetle* is* £r* Fr*&e&} 1^ &«t ;* v*ity a e a a l & * r * & « «a&iuit iro & m n t W k «* itQf& % i** ^ w r U ^ q£ Um*\mjk t»rl&ut&£>- %a t&« h\jcliug%&& tena* Tn+ti mu %.*% m y&m , %&&%, *&6 $&£** &cw<* to S i. Pixiu. fcf it £&#& %m But tii^ro i& & nastier* ci' Mc»t&4* irgii *Mafe * * r#e*»i?* & vsr> ftisa *cutk*u»t• #i th $u*t * U« CUr a&cu^t vi m*%%lm$~ life# to j?.tf3 **«&t ycu jj&j; x fi^wra* i & Q&Am <en #ife£ tfc* d£U*itt& tfcfct It r^tursu l/ &&#« tO*£*«Ui Cfcic«&c iiJU* dC&» Ifc&t *#*!+ t«rt*l Uteiiut. oX **u#i&«Mg# ShlOh the gfrw Cfc Y~*a® SihtlMUU I m with Chio*£c umcuftt#* tc weal u h«v« tv tr6C'«^9t«U l*.«t jre«* * # T 4^0^#00v *v l0| QVdi «a»* fcfe# * «u*i u* uii tc tife&i ic ** vi «feii* goi&g «« »«;*» euli«a t£ vXi§wt t&s&ir r*i&iti*4*c-c6 k«r« x o «itt«^ /c u r Li-Rtr^r fcci*** fccrr<*%*vj&iisi£ »lt& us £?#*v c#0v c*00. tta £*ur«t&r? vi A&rieuityr** I I Qtfth* *«rw «ot m & # t&« iea&fci v*i X<#r b ffftgieMl tWfcWjtf «h#jfv if W &t%uQh*±1 kr* fTvUMbl / vliliJw^v. / o£ t&« iTfc^sury: _____.__ « >cu thi&& It cught tc Whi*& uc >vu ti*ii>*# - ____________________________________: 309* a a* C* Fttaofe, liK'Xiteg *t i i so* fr o & «uj$r ttUuKijfOitti* <u&i Hit&vot *«£<«**.&&-# to *j&y io o &i jNrta* or iiu «x if;g &a* $>oi£fc o* m l*i? *&& «?** «*%»• v*Xy f ro » % &* *t&afiU' Ui« &xr*at«*t <$vwr*®Xmuv* »ad & •& •£ & t t r i e I or to * d is t r i c t xi i*i oi *&ioto t & i * jfwu: j *»*£&& at o* oottsr akouisi ko <& Jr**t* to to * Jta^at|o&frt#*« fcfc&fc I k t n or so^&r&iv *i to u n * u l a~ i% it tc CMo&#,& ** pr&xv&m h * x * ui*d fc«v« t&« &'4&sUiu&r w r « '&»&» &t Q&uk&t Mr* fre&oiiJ *urj>u#* t u iiy | tfc~ C & 4 6*& $ $tffc&fc totted <a*owor cur * » *«XX« Xfeo Boor* w ry of t&o %x®&mxyi %hlsh do you think *ou,oi ow o ?tto * fo r &»<* oa* a i ^ u o & t o f t&« ai 4 trio t? J£*« jpr*fio-ii: c^- ^* Thu £ « e r *i*r y of tti« Trwuiurjr* *r, *r»&«i** ¥«1 X* X & « S «a *e ai tfcyt 1 iki&Jt •■— t&s tr*4uaury: You #oigX£ not ^ v « no stro*£ *. Xift*f*ai«Jl ia s t it e t lo a * tfr«, fro&ftiu iio, # t i U X btU ^f# ** to t * k * w x # o« t&« to U f f H i- r i ua to ia*«* c^r** of (u is triet, Aft/ r « * * r ? * *il tat* W* *rw o a i a * it iio» in * O&Lfii. »vu^ few* oo# » t r a *g *« &*v# outfit;**! U i© r»# wi * & * t fi*fe,*vro without a 36 aase i. J«4Sfe C. K t a m a , I tfc* Sftsr*WX/ *S Ihm *r* f*»oftlkt T&* » ir , ef ie 2*0 **$ q£ T«* tfAaJc it *e*ju* fe« fiMflX- i ftNUMttig? * ifefct i s y«*ujr m&ximm f w & x » * w * * m tQt kx* ¥x*t*<uii i jm m & l «**atiat «#**& i^ x t»&* <$*Wx su i * * lx * * u # ii* l* &&** 4b M&*% * i i 4 j t o Xreap, *iv # &41 XikJi deli-AXa* SI# u£ aat- fc&iiili# i i «&%ix«Xy til a av;i lu&y# & M%fc£* iu&M Xi*ux ex tkxwifj^i* t &xv ug& sfeiofe # * x*-al*© ^u& t ttutt ^i< 4*r* fW Si«jN»t4jry yf & $ s l o u i t&urst A t siuafc * * * ,.& * vi ska i s t £ « t %h« « tx « Jig **tt . ftx* ixufec&x I * U * it i a *u i 1 ****)<? Uircu&& %fc* t>f t & * y ^ x ; but t * x * & « & tfc«i» t&« <^*xMAti&*j ax# e^nriwc && **>#fc l*xg#ljp im %h± <*i&$**» Taw $#ex«t*»x|f fcX £&Xi£&L£uf$* to# tli* wuifitifc mtkWMX wu jfwtt * »f U *t Vli*i <Mi|/iM i*r, fr^ao&s qu i &<&&*»# W &. r v w n r « &&£& ie#fa&«a ^ l i . , r#*ujnr*# *<? &* a * #u&±ift*a «r* t&# 6* ^ ? a«**x»i $&#% **hum to &« iiW i&fe&iS*USi a*fet»CiUxi * * * « tv fr* « * t &y t& ia feft&Jt i& i&oa® x**<mx©##T Tfc** »ouJL4 4«j***ja, a x . ft#*r*t«x>* %&m hv* $*<§.&&&+ X Q* tha Tliw at. w m U A $ in %h& $r«9M* t it le s * r i I && mt* %k*i w u y &*il$fl&l U*£*.s $«$£ lute ifc* #?$*«&* iir* fxe&a&s U lt But £ &»&&* »&*-*&« r i&* £*<**«&* A&Uwjuu &&tu.* i *~.«>th*r t&$ &c*%i.u&i;*.i £&&&$ %.u Oimhn w&vlii &$ *iis&xii6L t«& £*<** t b±t qX *&**&& e&x$ vi ifcis w»jk*j& t ur tim%b*x 1% wwiua fell *»rv« i»u^« *»t*u IX tie«? 414 &<** 4$ tc t&* x+&iQm.i } « * *i&& i&« Gisefca ctv.ei' &*»*# Ifc Limo'ih k#t* m & * l 8fcnj&*r« Urn r«a**fcjr6»» ax is* m && mute tw% ©# tsry ausii th*u it %h* ik^«e £mu&&* $&s*? «l &&& n^Jiiy tUtf «£09s# **«fc to t&$ u*iu&i «&&jt»# &&&&* S*sr*t*ry oX A&ri*ul tyjr^i araife«rj &*&*« aouia m# i s 1^« |*r#»i»t t&&ka* tk i* & m i& «sX nitki* #2 & r ^ * / & * r f * afcia. X$r r«wi»<s6v«it. kr, ?r*A£ife; 4*. i 2t« Tfc*t #ovla cU j^m <m tli# x&%&$ *l r , tk« S*cr*t*ry oX ifc* f m i u r r i f^ j««v ti.t ln g * » * *4)»« «a*& iii* Ytlj fewt oftftk* tfe&* tfc# I & * * u t u 14 & i-./, a u t i « i l * « • • * 1 ^ * *#au&Xz£ Uwit ifctf JTttUiftettrati** *** „t s * »iu* tfe# •CUTtf** U a # ttu^iiM^i b*»* U * t <***# * • » yvu fc**i tc x*Ay %<*© ifc* ra~ lB * * * * * * *1 tfe<**« JT**OU*<5«* * * * * * * * * * r«* «<>****** u * * * * * * * * s*&**»*a som n *7 M s e* ?*#&*&• iiivwiv ^ in ifei© ift, ¥i^. i* & va?*- allXitviU wm&tkQn is, *»<»««* 1 £g »<#«&# «-! Afi^aiui, $&&% & * & & ! & $ t&a t Ui** o i% i4‘* i& a iziM i&i Stferwtiurjr ©f tfe* ¥ *« & •« *? s %#»<* i ©6 «u~a ***'4 it*a« Cfeiws.* It is m *xx? fc*i t-fe* d*«grtr€»il«r *&*•* &*>* X *v* Otfctf* &*(&$«£«*# *<,* &&&« &<»?$*«• «W iu U < i« C£ tiiaiT fcr* fXMUlil iiif, » U # iuut I a&sAI te« v*jr> ^l*a to «*£* I2£> »U.V ii^ U *4 « «f£ Ski**. Ik* vX tfe* XrtnAiidryi *1 U u*&«*t*iM $«* «*&* # « * * Xi&ur»* x»r t**t Mr« fr#fc*fc* i ef«ar& X w ill w to jl« * e 9 & m »C *fc* fw**mwyt trsoi&uit Um»* t*> i&# JuAl * * / *iil in &#*%«** #&*$>-« to jfow* 2 #cr« Jm % m t o t «*-&& *fc*& /wu 8*a«rr* Ba&Jt 09&^i^t)i< N K 0e»>fc4tt«« U**y &** ***t fe| Y«<iu«»t4iK U d (lii«6 »uit4fc«at« A&ritfti $ t * M k * l&tr&&w6i& ?*ry &4&a &&4 <t$ult» ilfc* to *tft Xur«*jF4 W Ti.* T*** &«**• 0« im tlft«, % * &* £ux&is&*a * * & &?# fi %&*»# J «u m x j feitfe* 1$X4«) itili. 1 n & atiSKM Kr at vxxstt s. u tm . tin SMftiUtjr «s£ tb* Ir»4.»urji Sti-ta yewr &»«« arsi ysuar 0G*A*4Uefi. U kal ?r#sfeid*£* • / tfce £&Uv-*ua &&&k Ttu £*>or4 w r y of Ifc# 7x&**ux!y t Do y«*u y4px»##iifc t&* Ci«iftri£& Evu*ta otf Oa&fcs? &*♦ TiiUnt A t t & « g**»*ox*te*jry# o* a i i t&« Q m & & $ I &*v* p*4js&r»s>a & orial fcy & U %ha *u &&»* tu* $«N6r*iiury wiJ Agxiouittur*! *r , 7* toaj Mia &*ttOJ5&it ¥#*# #ix* tu« £#cjro%*fy o£ t&* 7r*w*uxyi u»*t? f i i i jr«% U ^ i > - sufcait &o you »iu»fc *o r««s» it? iir, I&fet *ouia to* t&« Geftfcittna'tt $rX*ftftujr*t X; 1« not ?#xy Xor^# uu% X »ouia &« |*t*£*«U .y # i i i i $ £ to 1st it X U « a *r** t&#& 7 fc* your ^ i i U ^ i i * oi tfea f*#*«tt*ys u*~ «*iiit*iXio^«t &£ tJai# • t*#ct £it* it **** t u & *. X * M i & /i,v a u ^^ria * ^ o io t out it f© r u» - &&0. C o **IH w u I tiiuu^t t!;«t #ooia a* sfeojr* 6Jjd X ii«4 * ao|.y fx#s>&x*<i in *>**»tty $©oo «feaf>« i‘orfc*«fc o&* ”%K* at you *Hfc y e * * £ *&## us*m * & * « • http://fraser.stlouisfed.org/ Federal Reserve Bank , of St. Louis ^ ^ ^ m■ ■ ■ ppp n & V 1 bmt& fey I r , ¥&!»#& w&# r#e«iv«£ &&d m*tkmx Sx&i< *& # Wit&*»« H«£ury !♦ T & W a , *«efrivdtt Jaj.uuxj M tfe, itfi4*) •**■ Mr• Y ^ U $ t 18c-** G *&% l&k $n $t %tm *& * vwr c r i * f , Oaaaife is not ii# v # it ie ao £&t &# * to ea fc&# |}ff«s#frt *itvwtUvri. iivt t w & i n g an tfe« p&at owl * « * r » 1*01 8# * x * >f,.r^ && our fuiura *& * % & •* ^ .r ^ p t t o u ; tmt/w? fc&v* f * j ? i s ^ u a i‘i£ u x **# w w w<* fcftv* % ***£ ift our territory 0i*t i£ *t * i t & i*s t. * * fc&?$ %«&«** * r^b *ctutd # * ta*v4 m territory kvaia**i% in t&« X iteulo iiJk« t&* 0e iu 4tl# # %& sii»1feifiaU| ui^sr#**,&& ■ * fe h^Ta tri«d *© &«** *ur yrvw*i\ty>a «?»tir*iy *v Vikut. %jl* bguiua ljT nJsubt 1® *b»eit»t<»Xy jt m & X i& l U e * X s^ula X % k *f i I f the Ociftfoit**# * i i l kislric t# . - U tric u t# X4Jt*X %e feh« % t i*«U d & 1 tfcin* yet *$*.«& Mr# Sur^ys^ IX £* t&cm&bi tfc# #& g u 14 fc# l i * i W a la c© **r * uuM>*t of f r * * «o *t oJT «$ r t M t !ti Ii^ma * • im&£ u ox »o r«* ifc tti« j a«lWV* ii& t tin* U ittfti U« »or® I itr# - si U X 4in # jr Cl ««****;& Hwu*« i s t h * t tfcU U « | - tldob g ro t* iw Jm iIU i *«rv«k *y m * U a i i t t l o u »*** it *>«*M »« by * * » ov* ***»• » • • 1 i- * am * X a 4Q \ * * * * * W. ¥*t**. Xcx lifii c* &** wsa«x&t*»u «&*t gxs&t*r aafcxlf ii*£«* l^x*,.* a*|>it&X &4sd «#«M Cs cfct&i£»a la & Iftijjt ©X &*£fcaiirfc u&&«x tfei* JU# w*fc& ccvia to* efet*i£«d ie * *** 1 1 *x siivtriet itm . * x<*8*x¥* C&&* qpta *oa vXdit^£ feu*i&**& u&&*x fe&* **&* etSMitlcn** Tfcte &*ex*t*jry cX Agxlcultur*s t * i i , scuic ycc &&** •*** C**oaa tfcc toik-au tii*t/«s*Alftue pxt’iriaic*; cX %k* Aott Mx* Y« t«»s 1 fe-sx&ly %UXm> it &*&*&&*£? tc &c t&* i***i«4i®$ Cut 11 &*e***&r?> &Xt*x ycc Mir* &c&# cv*x t&i* um wry v. a 4 Xcuftfi *itfc x*x*x*fcc* tc t&* &*a&*x cf a u i n a u Uu.1 • « &«<*u * little ahex** **? uy tc 14 or I S , it ** * * * tc &« t**gr *houl* Co j.rc?ia#s X^x. In ctw*x scxas* t fc»t tijw Juu*iC*x cX ci*txiet* *&ciO& zivvur fctxvtt c*«ft *xCiixcxiiy Xia«a» 04 Tou ttfeattlU ii&¥a XvUi.i XiX^t tfev a i * t X i 0 t* £ *•& *£ , t&*u b**n ivt lic^xfcy tc * ut tUa& ix. t&c 1&*« **At vc iia^r*** t&ct cc* pwiAt riftbt iux«5. etllftii : iiXv A il l i & i W u fee&csx C<a&*« fio» 1 Thum t e s cy A/$*l9*ftt*£* «X tcfe s«*<c*sit* cX tfc* X ^c act #** fee* tc« «*£C*lt* «*& $re * l*x&*f t&4MTi th a t, it,ai the c **i tiij. U Xi*v s>«*x*i*xyitf AgxicuiU*x«s i i K l t * u ii* tJ»* * » * * »&&<;* x« Am ic tfc* l*»t x«*c*i j yee *114 icci tc tfc* iir. T«tw*: Y*«* A#* S*cx«st&xy fccAat* *h*Uisx * mm * 4X &***? i* ¥**«*• I I I iaXti* r tiofeii* # i $ & i%ueg#r rapture** a «&wia giy# &e&eKs&4*""* Xtir » « i t SOUX4 3tfv& to €>$ 4&|M*##i»X* & fcm.fik is C k i6 « |« or S#** T<n* t& $r*A t *11 xica,<r a****** 1$ ifcis e ily iX & » } e^jrvte b *ak . T&* $<&* Xvsk *ui « M * * « « * r v * &&?&* wovia »« oo *sp*r*U *«ay Uu ui.vi; U»* r*«* *«<&**** ^ « * i u &&&XX sv^is « « *£ % *« & « i i k nos* aX t & & & ** txiafciag, tecU*, - or mt vary jfcuefe l& r g *? * * 1 tk ia *. Tfc* $*or*t&ry of t&» tftMwryt **t ic n e X t tfc M M Is ee&&iK*ii&& » H & siiaulii k*Vu itfcfMNl i&#ir ft*t of the l/usie&ti** / i i t U * u u * air ci *£u lofi tfrelo}'- 4 & W ttr, U U « i i * «*.*fcir*fri# • ^ ftt*v i*l& n * llx. g iving 1 ® Ufcswxi XI i s t&a -u* eo&«i4tfX*tfle» wn4 fcfen couxksm cX i>«@AUs# fcXX tft# I tktfviy* Iktf fe«ar«t**y vX tfcc Urt**fc*y* \,h* tfcX** |S » £.*«!» &g£ I fc-OV* &#*& ^ x * * * « d to a** tfc*t you * x * vrfi^X 7 U ia U *k# » * * you wr* &oi£*& tv Iim* u ,a C c » s 4 U i 4 * &*♦ rifriit * & f tO 60 it# * tO g*tr &cx# al Via* ©X t&« £#* fc&* tMH» w i uixi»rftUna t # fc§ &la^ oX tk* Hfc«»Ucft«£# Out ord* to ferll&i cut th# «1 jshw <*r 1k* * i * ***aSUtoX| w&a*r oX *&® A«t* X w *4**+W tl but I nan* %e *%&%* t«*t $m .k& a 42 &***¥ f* T u t *» « %&m* »*** i* i *y*#iX /ox SO y*ara. 2%&«« &*»«*& in tb« fewi* 1 in *&# ©la dajrs b a t o n r ’ * fSfcilXOSM*.* ii’U«l»*»#«5 j»M tMURfcl&& &Utiil><»3 d $&&£ *tf *# nttttaariUijr to tii^ &o tj&« # & i# r o«£t«r IM &&&>&% &&mn iiiii# Ws * * * # « k i » *#**#*& stsufctr* wh#& &*&;$»&& Citjf tut& oe«§»*rotl*«l)F »*apy l i t t l e It *&* &&# bXtoiiti £t&m t&^Sv tfo# Xir^t r*iiry u &» £V&ti&«ftt*l ana ar&i ixosua o*i.&* &11 *«&t Xxoas $£i<*>*£.• 1 i*»v »^fil Xjroc* Ott&fe** fu* U r m Tr*&#~ lt« i&iviuu £’« i& t * * • io a U tt At O&fcto* fc* f»r*aia®ftt Lii&oi&« JUoessuri-j &&a ttuturaiiy tfe* * t i i * * « 4 fcullaiitg la Usi* i*#«uoii oi ti«* ttixrilory fc*t a l l t<*c&*a to oo&« to Ofc^k&* w ill & «tle* owr «*$ h«r» jr^i w ill so tie« A*** IX yeu t&*t tfc* u&- «xrl£& tx « & 4 oX «v#ry raiX«*»jf Is tfc« %«&t# lta&t&«tfet ^uaa ^ V{i &*Xt%b9*ut 1* to <)«***» 31w« sn»r uiSfci && btaolsu#«>$ & * * 0»«i* Xuily «<w^»H4ur&t« vivfe tfeut o o a altio a OX tfeiji§#« report <*X U « *l*t » i**lo# Tix« «o*i>tr©llor oX t&» eorjre&©> Xor GotoO*r t&s Xor Umi iiotioo&i £&■*£><* « j & Soutfe Q<&&&w » yyu *1X1 X iai tfci* o& #*fc* o e£ *y Ori*X, ttiii uoaitioao prof! I# | ^ i ^ 4 #M lt(K ). 4 , fll« t , lo^iirloo^i ® » U 1 vi(**>uat* U « a iw * l i« SMjii#, Sl*4 fe * * fi*nry «. i- So arvi< t«JU u* * 4*y*fe**o Th* $«****&*? «x iii yvv* « * i * i *& *% i a l * * © * * i « $ * i d IN*. &&X6ft6#*t »i% 9* ae m t ia U U * s*ul i mill **y %% im *lictdk* rfet * *!«* oi»ai* «ffc* S*e*#**xy &* %&* **• ¥&**<»* So# a&cut efc*o* soA.te»U#»t la **£«?«*«* to <*&*«?* «soAi.*eU$»3, Us*:r« i« Tory &u«& ait *x#ity * & i i & %h$ m kg« t&tajc. »» ii»v» &&otfe<*r feoftjuu? w * a&4 oi-U fcito $ m ?4»ry ^ X **ft. o*tt«x la X c M ^ t i^ a oft t&at l ^ a Th* a*<j**t&xy of la* fr**&u*£i F**« ffc« &*is*jral roXo i & o o X X «o U v a «t *r» lUWtii ILw o«*a* So; w# &*** *voia#a tt&%$ &« &wos *.* j*o«*lto*o. U m l X fcfeV* r*jijr***aWa & * * sot ,iwa* *o 9 #4 ft&va 6f th* *!£ »* koafc** 8o&« o£ fca* ot&er oon** ao j^oy tfeo eoX*«o%i€t* *&&**»*, oar ftfeaetfc ta * & # a$ ** s*Xi i* i& U*v u*vi^» ='«* frtottlJMIiKIt *.8i4 aoia- x iim OX Ifc* OOftfe* &£¥» ****** ik ia &i but X a * U i*t«ly & « goou Ou*£a*»w« &*,« X •»* U> «*X X yaujr i*t i*stio*a * « taa ffcoto *o..uv Ik * aftftirltotfttiifli &w %a $ « & • ?* U UU m ^ T dt ay Ori*f ysa * i i l » •* # * * !* tm *x & **3 j i f you a * u r«£ *r »** tfeat « # U*v* iaoX«**A fcox* tfco Urrt tory *fcicfc is soa /j*r » 44 ^ nos * to 0 &*&*«.♦ - i*t x i< u . Sa 4U l&t% # i*4 & %&*.% «&tix$iy fitf OUX ?&* u i * t x i o t , tii* a*X*i& <& %&*% $#&£*»* lut«ly *U A rim fkix% *»« t& if& *uuiu '&* tt^ a v &*** p r ^ # r ^ fcviaa i*t t&* fetuu. 4 o u .u a t u it* it a U *, £ * « * * & O a & M < U *txiet* * i * * » eo&sivi«x«&i« j;i*xi wi t&« tain G is t x is t * * asajmsi itk tfc* v$mfr%SQll*x*& 1 » i*&f« fiVwtt you th* I l 6 t « fc&i /i& U X s s , net 1& « ** « «wxu«, But a^U r&a t&«& du* fjpvs* 0 *fc&fc &i*v*tk Qa»&« t<» U U U u i fern » U t « INU&* i& 4 ,Qfrl»£ 5 3 * 0 &« 4«i>o«it# « * * * tti* t r i b u t e 19*2 * * 0 * * ft t * # fc^#& e 4 t 4wi>»6Qj $ 14 f m #€i0 0 #u0 i £*br&aiu» l<3* & C «ie «u io &*> M c e u & t d , v«i£** i ± i ll4HMU8 i l | &8 #1 $)L§4 C&«{j04 |2tf4,^v0*w04 b7 a a o a u & l*, $ i #& & f?OOtCO; Utsii Si; &C$<rUft$9 * X£*fet 40 **ofcU*2i«*# $ 34 ? * 6 $O.O0 i Ssvti* £«Ju m $^**300*00* Thu 8#cr-t*x> gf Agrieui tux»i iscf&wnt* *** lit-* i« t * * i & W r r .* & t you T*u* feooouBitt ax* • M f i f f t l i v * ! ; X** ix&» rtae* Mr* U * liny f T^#« i,#o r#w *y ^jf w&i£*£ j Wfcjrt »t i*ri*uJltux<ii vwX^twdf Do >ou * * a » «u«t S * 2ar*x i©x iiistAixo«# tu Qi$**bm, in »&i# a B ear? ti9 f& t i& t | Kx* T U U » x I **. tr«xy & U & , fcx, ©ssxetoqr* ! ^ | * X«i'*X.X*u to £*£»** X , fe*&&Uf»6 1 « M t t i l l a l io s & « • il I *etO& i i & « 16 x *& a JTre» «y jaxktt; « 1 s i n ov*x t&* w i * «jri^^«Xfljb0&u*Xj# cf th*a# »*? tpui t& iv X , &*&&$*«& e*iX« ^uiaidjr %*Ufcfc ii I Zivmvx M & **«&&$ 4t«a Ivr o&* etiittiit tfcu; sjf %kt# veuia f iMl&USHL* tot ikiif £*Xt id i t to I M t |MMUfct, U «*xty w(?ui£ i# feti uA&*tfeXai. iuXtfifitf q £ %&» fcu*i£&#*& v£ t&# &u»t ia^oxfeast .v^ir **jriouJUux*i *«d tt(m ©X fcfe* owu&*r> r««t *x XeiieviriU S u U ie i«£ » w U it & * * M k vjuj c ^ ik i &&0. be »UX}iti« M Awt *X i»t in fc&* fetfXXA tftffj ttfel«fe »• ixl&uifcxy It P««t«r fee £«*Xifcife til HM m^MkmMm •£ ft x « i i « n « 4mjjijl# fo *«ia u fe&&fe 4iaixi<st vx <>ux j.*x% of tfc©&# in ©xa*x W * qil Lj. *»«t * i l & fefc* *Ct » i i « * , &i**f>fX0V&£ «f wirjf fcu*iR##« tfcioUy « « t U « i with & tLif l * 8t Ufcit«4 &<*&#&&, &&is* u*. fcfc* a e l i c i t s * i » t « x * « $ i® feii« tofriltfjrjf &XX«ct<**, *> *x*av*U &&< **»£**§# » * » t dX fefc* *Xi4i &i*&x«sii& i© ©*«<*X i #SOOtOOO it * * * • * & « i f x & « *x iy i&fcaa « & U * X *x * fcb* **»WXfc OuUfc~*Xy fcX Ctti«&X«*Uf» Ifcafe ift# * • « « * • » vux x*in M UXUi l , * * * B«ttV«* *»r In» U , *k«x» exo*& * * * * *fc#jf* i * * •*.*«* 8* nor U 4$ 1< two wr t&r** M M M tkat j f t g j j fcllMltl ^ &*rx*n u m i o r ) ’ , «*£«$?* wfc&r* cun vi* ir r i& * to i* fc&ai# 4 . »tr*&&£ n*& *t& $r$j*s» Xi« £T&±m ia &ssu feuftiaeta a u a iV i ******t Xrvs; tk*&$ s i C^lorsas *tt& tfe* » « u m $£ i i i h*i* &i* « y $ fc**e «iu$t#&ra - &&*az #«al#«xa* tr«u * fej^i liij #*&r 4 * *ry wi i&* Tra*s>ur*s Bo y«fc %&k&k it ¥i</l»i*4H» tv t&u vttii&Mty' SwUfiEv «*£ it- »** *ot lluit t « i r l K r ; *v iowk s,o £»ittr«rt Mr, Y&t*»l 1 »*g i m « ^ » r? w.%$\*% &&a ¥&«* jW4»i*»* uu*i i***** ttft in i#i£ »i$&# . ifewW:Wu u* fewft* Ui^r. $$£*& ii)vv 1& ? $ • w # frtti t k * v * l u * ol lutfcr&ttfc*** *fc«&t, g a t * is»jr U l « &&** fcet X *r i£?JU » * a it* it*& ^ # s&itffc ftftmp al g rfc* w f * r JSiHb * & w #0 vii• v • &**&&# M»» ii\<ar»itt« ii*<& fi£t*r*&« iw J i£X& ia Vttitt# i^dwUi^ tli<3 t v U * ©tfcer I t * $<*r* a r& f fcTtt&lfO%iw& ui Wt* Uci t»u 0Wfc#« t*>t %&* s*ft« j$wx* tfc,» S##r#i«-ry <4* % * • tr*4*aury; ttfe&t yet* 4 g u r* t & * t SlHAil! itr. |& t« « ; *a* &©la I £i&u?$ ut |!NltCKi^#0a0«00 4*»u t£»# c r * * $ UtiUXU to* * fcu«t «M*Vf ii |» u #*r* t a »ttUi-cfe § $^ ,C 0 0»u v g # 0 ^* fe&dW «i' te $ £ 4 tfcii &*&?«*• i ua<i* i t aaoa * 4? &*©*«***> oX AgrieiUUirtt ir< ik« %h*it *jr. !&«y k&v* fe&$& &*&%&% & if £ « t iv iu Y*«, &ir* XL* S*ar*U xy cX A&nsuituXet ffc«* ycy iiiii »b&ut t&* ilftifi«ijt4 n«¥*tt#»t X&ixfcwi^ Uis a&&* ftt*«**$t Er. Y<*t*&s *x*i $k* tfu&iiS w «ut cl w » *t « ll« Kjt U # v « 6 d « | t*Ju* tu« *%«*££ S4au it & e « s ifclw if e ^ a l a t * Ua«* tur&x &li i & X l & X W Y ftjria ^ X*iu> a * » &!«»&.« t X* * * u w u a tti u»« Uimi «k*<* i t MCw*»a «o*a tiftw it x# i*ut ^ur u t&tm * a p*rt*i T^t#S} ***#4rv* 9«««9Tt 6 U U « Y&#jr*i fe*$ b it t * & & r t i i i a i * l a0**wUtt<»» *« a & * » t&«r* uoct tn* l»M*r tfo» patm***% U#ti fcfci**#### *w w » v I 2"4X«JTstfiUiitf Xvx **© &*&£ «• «X « # i u i £ vX ^U 4x^ »* tkva^ tvw r vlr«t« *Xjti&»w* Tii* w*iir» Wry *X tfc<* tr«4«mry; *«* **4*WW tfte * * i x ^u\mm. ittt x x w l f e r « «s£ (HUTI144 «t& by *&xtl» #e b&Y* A 0 « » t n a fk *t i* * I «&'£ic\il~ #1 OU* !£•«<.<* fcs* jfcat tiCfcaiu#* *fc*t «& ir.i i& itu x* t^»3PtiXc^u* mi\ «x *i**rw v*i%uk& fctiawl&tiwa l£L tfe« eavJRtJty, ftfit, i# it it iu* of tti* **<M*&iai£ «xu* t&* ftxot ft *4 teat? i, %&%*** *s>%&bUakmxi%. &£ till* sjfstftis *ja& t&# rs&ior&Uaa o* iK?*** ii 11, *iu*& Uisa*t,ii**Uy # iil <*«&» XxuJi •w^jUfe1^ is ^e r **!^* wiifeirf &$ C v w H i w t , Of t&s #<& «&*• Y*td*t tfc* %m% u&dsMF t&i» fco*i*fcl t UflfitoubttftiUf W t&ry oi ttii? frrefcaturys tow tfeia* fcimt *&# &&r,k* ftt i& * pTtfsisfcftl lift* Ufc fiw5 r*£*i*Ot its* true i&port**6« d«*ttrllMte; «X thw *r iiila i«a tft&uiti«* vsbtvk l tow*. bui %k±% # iih u m t m l m m i% k n & ikv? #ouia u* T»xjf feUiA i£$jr«Hkiwu r&%&*r i&»s tarn Hr. ffc*t i» &? a ***t mjxo* Ur «fert M*. S i d t f U f ^ S&ou&i* I ttii# *jrttfici*l ®ti&uitt* & « ei#*riJ&$*>* XLw &9#x*t*r) &t %&* f i m w y i fc.xriuz of ttttaflft#* lew ior ia *U & © * * U * «. ffe#»« ,g u tuKi * ratt<*rv# * * * « ill |^r >&u* in *JU p*rt» &*&&*. mmbm$rn &auia tfcfc sou&fcsrj ju&t &» auofc ao *» jfc&* L a MJfciiffli ae*a SM» tj[£bit»t Ui*r^ k M *u*a aasuiuag tu&* tf&ili tkfci ev^iUwfc «s# fto r * & * m mhjf *fc&# wjmhztQ* $ti*«r ik~i< Qt&bsi i» % k U & 4 *tr i«* «©wia &<* m %l*tm %® tf1 Ui»i fe« tru*? kx* X*#* $roto*frly *et*la .4 trus* f«vaa»»t , 3U0 a ** ii#&ry 1, ?****, i? i Ii» w th« Ir®&sft»yj go* ir t-itet tru *, •v u ia ji't ikfct t<u»a to * f u r t u t M l a c «{ » B^r# t i * u oX XiiiaaeiiU Mr. T«l«i} tr*A*&£t|» fed* 1ft %fe« giftttftatf iit* &*erat*rj, i& ^ a c « * t & in $ X*r usual- t&\ikin% Tj&* s#er*taxy osifii^fi jrau e *& & e t ™* t&» lr<MiittS|t I +M£ ii££H9 #Jt t *;«* vl aAe^>A4 »«* Mr. y* u « t wi t,u*iC 4 ** I«»| 1 «<** tutitaretAM tfe&ti feut t&i* icreir^ kM% at It* x*ta G h z & m i& in nm #x fca* ^ f c V id fr«£itafei*« Iii« & «£ *« u **/ al tiw fraugury * But wu*i. « * • out uX it® fc^tfar** tii« U~i& la fcvi fa*ttt&4 £ut it ir. i^i* Vii*t t&« lUtiOJtei £*&&& A^t $fc& jf*a#4ttif $ha la* « 6 U ^ U « k i A | t<*« aatiuaU. «urr*£t fct jpar 9V«iy?^»r^* «w*r4£cy &* *«aitt& it &•*•«<* He* tfe« a*aai tfcftesy tn« tt-JTv* 4Tv<?uir%iU '<*f tf fttfh-nftfct-f &®t»#%£ tfi*fca U*xUbtf i£ til# a i n * r v f i t fiNfcfiit# at |#ar it n i l i W # $ $ & & ! ia & t&a *«urity ©x »ji«touiiid mmrpto**** *r, n t«»t Mr* ga<w*a**# tiur*. ^ust * * * * * * &* * *iXf*rvi*o* is, 4&a**£ 4«»» U u **!«***. 0Q&&&# ix u ^ ©iaarix* a i**?i t© **** t»i> OJ* *a&* is U«fc*i* ifltf*fet»a to a»ctfc«* ^u** tfcat M O i ssuat ***** S * * ------ — »Jf 4 U ©wrr^noy ** wt*9%hifc£ to su*&% i* » *s c d . fcfe* ***!**?# Ik## &c« i * i i i**£ £ to 4 # tfaat touts a i i * * * * ft6*£t&la|», & *» fe&w c&a i i * f X $ * & tc * c tiu # £vr M U U |? * l * w*cx*i»jry «* tfe* ' *>*** b*z* i * sa * *i jfe# fciu v im *** w&ffcatt ttl. 1 *»c»* fc\*t >at ri «**¥*> t&e tight H «&**&« &r U U js te a i l « « &»&* i«&Uur»<i c f tfti* fcili* Ti.ot of deure« fe*s fccfc fca kr, ui vhkz&m** fU&x IX «Aft&6*£« «<&« £r«» i s ttw fcay *c vk* *& o i# s U w m c f e * Zvtovttti & & & & , titC Jfefetttt? W&vZu i t zA u\ t»«i# iHiuia fc># uwam p^ ifc tJur** £ * ? » • Ifi« ^ o r «r U fjr ©X t&« Jfwu X **t u r # aX ifc* * # * * r t * tfe«r* «r«e» U **r* u * x*«ture «*£ U*iw * rc*A*tt tfe*t 1 * * fcCin^ U* *u»fc y^fe. afecli* «k i i f U * *jju *fcie& fe»* X«*..fajr« cX u« yb% tc ** **ZL*ii m ii. l o i * ^ ia 4 e * i tfcfct l * * 6 c o » u m * 8 » i » »*« •* « & * £ « * * * i * t t « M kr. T»t<«: au% mi* U U I * net « * a * m zm *± m * twnftjtn fe&V©* Vi&»&Z Uiw 1&* f *©«*£%<** * t * * * • 1 £**• *X U lz% *zs I X a» *£*3kfciK£, cl r*#toX6U«'it wXtAfife&at* ii*w «A£Av-ft£d0 « !^ t i»# tv §<i fcC *C T« JMWfifc&i cX tisa** a i * t x i c U t aottM* febt-ut I I , Hr,Bt#*»turyi i Ziff^ it SC *«< & C*£*ri«£fi». uc * * 0 * 1 *«* * * « Xcre* ee&aiticCL*. I * 3 Owe l l y»c nr# Hm t? f . fcoing to from on« pfcrt of t&t country to tn* other *&»#fc©ay fe*« to p&y ih*t o & r r i* f « * Th# $e*r*t»ry of TH« Yretmryt ’Inaejr ycur present ayfct*Ms of check collections l i U delay* ana & !* , the n*x?#»*.«ity of charge* e*i»t# is very &ueh greater degree becna** it i« * *1 «L®s# efficient *y*te* th»n tfe* *y*t*tt 02; fc&a*. «X#*af&ne**. Tn<r ooet inr<;jXir*3 in tfee fe^nk eXser&aeee ftyst«tt the ahsox collection sy&tem *<ml4 fc* w y &g&i&*t greet*-*- tit* t *#, tbe difference in cost *oul*£ t>* ?«ry great anc* very muon jn favor of b*nk clearance:* # fee#$tt«e these *ouiU b# only a e leering of fe%«k b&lEnciia* Hr. Tat eej That f**tur* there i© 3ttit* populftr in *ot&* ;u»r*%re, but it i<, ni t r^rjr popular aaotts; cooatry O&nke . It Hah nc ruction £<sr the*# The 8oor*t*ty cf %h# ?rm *ur?i Yft# difficulties thare are t/is-t the jpurjsoisea of t&* iot are not c l*& r l/ unaer** *toc4, &n£ of courae t&# eatsct »*efcia*ry by *nicfe it i* to toe icecapli*fced &.%* not yet fe«»n eorfced out. Mr* Yjv.%**: On jrou «i*der*te«a * e # »r . Secretary, t.e i*p- peeing the plan* I tfcin* it is &n fcdairefeie one; but — ft# Secretary cf Tfce Treaeury: Tfcle i* net sc ®uon of couf a **tt*r of & running ©oirrcns&tioE, tout to elicit f&ot*# *.g m i I * JT*i £?$&$* t«? &&&!!« % &# &&# &$, * * * t * ta * * * 1 »iU * Siio^. t# jM4 ik &&£ fciii — ~ ii** £##x*uo7 $f A&xi**ltiur«; iitii* &*€ ***®>*y la lo v *!.^ i,'or %$&*%$ Mr* f&t,4*&0 %% '&»& &$&& &l^$#ataa •**~t J»i£aa*a *©vi*i & imsx* m m *&tim & asiaax fat tii« s* tfci* diatrlot tiu*s ©**fea, &m tfe? aus^risx a^ii w r«UU»*y «*x*ia*# *te*# &mt« Mi'* ##li# Jflt«ft***atatj> #aiai*& out* a l& i& m z w & y m*t&* it*jr «a**» i.l<«#& v£ tfci JteXll>aa xa«&* I*i4&oai2l caarj&i c i^ l* tUiJf 0 UCU vi)« X& r&S&rti ZO Qtfkvt 11&&& af qq&~ li /& « 6iia £«*£ i& %&& Liaevl* £tafa*» « i u « f t vfciefe Id at * 1 1 ftiTattfrla to U * * a l A # « « * * & t yvu vc> aaae^t ii* I * a t* f# ? j &uc*i a & ii$ # a ta taa gaatlam is fax »vaxytfcia* tfc&t fe** & * * a ««££ liar* ta la « * x a i a $ t fa t «» fcuiii* *V* SM9X4 &*» S**& **au tu«»t 1* {tot **±«* Xavataal* to Omsk ms lica W &,!&«**& aaa taai*y * * **a«la a*f* |>axt af t&*t |rX«,*aatatiai* fi laa *& & |.&it a f <*ut ««fct*fltiait, l i t&at #fl* a* a a a *» fa * & * u r « t a t f <jl AfttAcftl tat at (|*«ty&&%*x*} £a 1 **ktk«r in jr&at * v ^ * s U v 6 ia«t U » r « & ** <*«*n aatfelaf ifc tfettir affueetft ■ as>«* »ct W 'lJf * « » ax* T* tans « r « N U / t# 0«*J>«t 1 *auia li& * yak a»ii*i#a#* tw u&t - * 24 S. £i OF vifcaaUttfi. tom, ?h*x* **# m m &m*XX±&% gm&tX*m& i & Lim v x z ir«xj i t s * s&uk&t* mm, ia e * X»JU%«** T&* IMHSi^t&i^ uX i&$ • You u# *u t*6&« %hm e i t&* a ^ ie ife iiT U&u&&t*?<) ifcr* 1ft U « { u lttu But otu& p$'i&% jfv*i M«i ts£ * * &&& Yum &*£ U<mv#x *#• XlRiitfetft* S l U i I souid 1 U « ycu ta fe«*r — Xh* S«er»t*jr? a/ tfe* fjr ^ * u * y j iir* Y«*t»»s *iid&u* * o i» t »*# t& i* £•*»£«« of &« to t&g ^ x * - it t&emiit »* *e*&a ofct#i& tfe# vpXt+im X t v * m l tfc<* Uatft* *!*& tks HISii**»toaclii$ %&&% ««? al*i r*ofc *v t * a f Xl&*i&g 0 Ure*ti*r ^ k x ^ g tb*m to w & U k *«bt& *fc£Xovl&& of 0 «i&fc** feta * * *«>& out v alreuifcx s» a l i i ^it* yeti & eefrjr ©f ti»* alr©ui&.* ifi ii*ia urt«£# «* u* &*&k« *.cuiro*&#& t© / i l l & fclfciik Linovlfi t,r Ii«RV<*r. Ve« * * tofTltv-iy *# ©liJUfc# i£ U a « *ifck #1 t&df C m * to *v^ry tMMlt in ii** »» ?&#j fttv «1 X i# ar«^«ivi*u WXO em y iu ©*&** ***** tiio#4 fidiKV^ti I « • ? * ft* * r * » t i t to Uvw SNkt*-*..® *v% « * * •# * < ©4fc vjretn Q m u u , <*& **© t« » • * • * * j p a l i M l i t to i&eln«itf tfc* *$> !&•*># ox &©&# «rot# U i*i * * tkbM ghl IX &*y ©*j&i i t am « S4 U&ht$ I. T y »*r*t«a E»*iV*r* tJa#>#£>uld $&y *- Dar»for «0w> «X £ X » **# & «* bvt t£*rs> *&» not $ 3 gMFd»&3&« low w* t&l&k t&* $ $ £ **£ «x*ji«* for hincelt. jfeeula fe* »& 4 *d to tfc* b4o x'or ~~ ( k u ^ u ; t) &«ajtet*S7 oi t&o Acd. Mr. X * W & i A&a & *& « it u a ^ i & o u s . w w i.iaooin IrittMa #i*i it wfe#j&i**u*. (U ^ u r ,) *iUk &* too 1 tiu&x «*&> * * » a u # tiiii &mt& ih±&£. tk«. i i ^ k x j o£ i*ricvitta«*2 la t&v* t*bl# 2 not« you Mfettf 772? ****** in lo«6» ffc&t fefcwUt VfcO*«? Mr* Tat*#J W* got 4&g Xojt Qk&h&iuus of 40& *&»»**« r®~ c « iv « i 4ww #«§** for C**fe*« tik* wxinStoxy U A*rioui tur^; But «« Mev« «o gui&u &**« *<$ tc »fc**t tkwir £T*f »r «*<«<* sowc vc » a o<« t&*«& Cfc-ube &o£ * ciiu o Vi, «x ci ty • Mx» Tfei#*i ** Sc, tfc*t i* v#ry txu», Mr* b ^ r i w r ; . t&a* tfc« »«#;* x»#ii i« m j *« &a)&>#u aUjl &Ll« iru** Xb«, &0Cjr«wxy <*f 16* Tar*&*iur>; X a&vttia, i i * * w <*ak. a* ^at •iii, Ail* #itfc U » C o t o t U s U>a *d£ ii«« o/ i*j. Ybteit* I# &£.** %hm& aax* o& t&* Jii* uX U « X r ^ » u r y : A^u lat So, * i r , ULfikst c« a m b i l l ». Ja ts s , ) & ftxUfci*# to ysux t*s>%i*aay» I u i v*ry & U 4 to && ie« The g »e *«t**y fcf ttM&wxy* of tho t«rrAt^ry *o%0£ &iv* us » & fty t&* & ijfi #jr«**u *&&*>« * * l<r»te# icx i&*tft«ga» &»u # 1 U fc* v#yy ifik f«g U < i| tv fca$i*. (£fe* Ljzx<&*m%i*ti a*x« to u f«*rtti*fe«d ^ &r* «iil fe* waken ZmiUil Mtt wit**##* K»*o»# l&tjrc&uM « l ^ u x / **ib> l i n « ) Tfc* 3*or**<ijry oX u»v fr**,>ox*i fo « y*?u a i^ u t * * & & feut l*tt#r U? j©»* * e& &ak *&*»& w&io& t&*y *«*&& $r«jter» \ O k ^ juu yr C&ioa&ot } **• lit* ttr» Secretary* tfeat is ^ c U y i-oint I & & * ! & g&? & IV# * * t & * u^oe# \0 Tfc* 9*ar* t*xy 9t %km f t !*& , * w svuiu Aiks is teta yvux VJU»* w« tfe*t» jur« Y*t«»t v Jhmi iiva/jfMUos* attfcia «oui*txy# a&ftlftati£$ 1 4&v«jr iOiu oUa4a*Ufcfc fcaaa^a C ity - fete**** 1 Si* Louia baifts^ A& Mk* aaa* at&fca * M I * * , , - . „ .* « » - . . . & ****# C ity W A <?&&*.&$ jpfae* - territo ry * * y faAfa ottly or** aa&k - — #•& %«***& t h « » f - &kov<* City t & * * « i * b» a l l y a b a t e r * * to coo j,aW aiU* O u u « C*»fe& Aa t&» <^cly o i*f AaXi oA *&y i?xinii&%wv vr e&axaoter &*iury I. Yfctsa* City* «fitir$ly« w* (Uugtut#;,) I «& &#»&*i.%Li <;.i f»i&» U n » JK?JWi*tiO£ Oi Qwfcin* &Q6 #00& fay oux »t)r**v» & #o|»is&&ilox* oi &t v;*r i i u « 6 . 1 m n t lQ n i&* i & , #OvO> km %&#x it i& t 1 « a u tfe&t, to &***«, oor tr«fiu t r * v * l i & to ifes SMfc * * & Jtxo* t&s* 2 & « t * I xc* tfc*** *x# 4? &*lif traits* to Zkiu*&® ~ tra us to -ui Xxo* CiJia&go* &*«&«»£. Ci*y ifc«r* 4*r« |vu **tT©*S Ll&eulliT *m. f*u?li»*i&t ui%k%* fx o » Qm*&±* Fxw« Qfe*iufcY Ai*d i f yo& 4v uot tafco I r o * &m*hik9 '»<*&** &%*«*. £xo& stfiy#&$x$* *«£ of tfe* » W U . Til* £*cr* U jtj of o? $<uuy &oi*>& aofcik tv Si. Tb* $«ox« s*x# of U M ffftffctitityi MX. Yfet#** Out »*aa|»t £xo& th« (I tl^tuitti^i You sx* not oooi.-.i*&& t w u * h l « .) M i, Y * t« fc | Jiotklfc* fcOufi £JW& I.ifcO C iR eAOw^t i t ,;$|»« tfcxwo^li ()*«&*« Yoo c a £ * i fi£y* * \xaib tiaat uv<*» not vtin Uiroufjk Gk*2uu iv x ij<&t&a&*, t fc*t ju u $ k > 4 4 |4»oia# tfcfci. yoii fc*4 ft ifc*** *.aoy&& b&iW *Vx GfeJU«.f<», vlt&oot j6 * * £ U £ & OX lOSfc, Xv«ra ox a#art8Liaijr **** «*x*ifiifcs tfc» SOOlU t&* |fJNX#r6?m* id <juW& fe*&&<§Xg U> tt&«UX t2U»*£ OvISsiitiOfStf fc «4**t*x$ j.*xt WOUi4 i t fcrf vis tilt SOUt&T to til# OOfctfc *O w U l>* YliiSiX 45.# 0 * t & & * # , B 3U8 & Hsfcr? 1 , tfctfj k&V* fcfc SLfc-jrtiiT fcr&iSi* trfc&fi «* kfc*#. 8$f. !£*■$ # fif| a?*# of f&ki4 is fej* iT tr&liMk ii**% * £ k&t* $$ XtiSQugh .&tz& %&?% «f l^wfc ^&ii Xfe^c^A «Vwry ^fc.rt si v&# #*&&« ©i' J«f«i &r«& it ii? * * *«»? X©r feU«ift##ft t& Uz %XHU§&3l*& iXQK 4ife> 4.iUt Of 10»& Witfc k * i% XiSt* I uatttiea tfe&t warily && t w £# witi« £v# itt &&* *®#fc Ifetf »«»« UU2i£ «££&*#*• tii* S#«r*i#ry e?l tk* tx*i»mx$i rr # *l ;rofci#* &*r« ia tfcias Mr. Y *i# *t c£ s^ura*. our v is &ut & &X prld* or j>r«#t*&#« &r. Yfc.i#a* He* tli* ««a*4t&ry cX ife<i t*& &m x y s fi**c in & sr#**. omamn ytviiX**. »Sii4 it tsuat b* >i»civ«a I t tfc« inti^r*»t oX ail u* t£# wi this, oou&Xtf) &&4 ttot ifc tfc« ir.i«r*ai cf k4H£«3jM> or wX »Ay ** r l i * u i* r <»£ 4V#*y i&teruat , i>t»t i* t&3 U l t n i i t in t&ia country ©way £«*>*&&«&* #^0 issrit® i't-r a kivlug Ms& fer * U ? i ^ < anrary** Sfr* ## sifc % u t f ua*„r#i*&A *fc«* a&tur&i pri4* siX it#®* &tff«r$a l &IU t&* riv&ljrlae toxibtl&s feN£t**«ia %h*«i uiXi*r^Bt siti#* for Jsk#*<i^ii-«rt*r# Xor *. &&&*,, out u«- is to ttifcr«&*ru ifcat, afcd it la efciift*a tc ftak >tf»ry ft*& s&* coi-et &«rw to $&&ftl&#r tfcia p f ^ o i u i o s &r$k4#*t I ’Jti bus Kaarj «* I&t#$* i ^ t io iu U %b , *&a 1,0 a&v* it OoufcU*. ; & % * & & & 3 q i % w r^ * t r i o t i a& in tiitf i * t * r « s t So* tfeftt l$ t&« %klng sHr»o tifc^ it* &tis 6U < ^ i *k# X i&kt *# 0*01* &B<2 it &£ t&* & 11 to mkiah p w p l# & 4$«ir& &£ &&« £©«i»4 t t «*3 1 * 16 g#% ^ ii nthUfe ** ill X&r tfei* * « * « « & M* &ek tfce U ltv £ «r«&t *u«#tio&a# l « r iai»4fc*iss*# IlMlt « * iu*** &*£«& )‘a Cfcioi*£C, «« &r* f 6 W l « l » l i % ftlMfttt t & l * *41 6<U #*0£oJ*io 40 feot i&fc*x& *r o O i** fettu tot &a & * o i i U o U . g r v & i m , Xor *# to *i±eit j,o iitio * to OBt«r into ovr a ^ i a k R >.o*«ioiw £ * § * & * • %k* in t&<* *iifei*&o&t Ik *afci^. $|iiM**ti«aa &feoiit Ofci«*fco our **jrr.»«t £***r«. is to £ 1 M «r«t isiittt, Xro* au& tooaoifeio $«iA t wX viofc# foui-i 0* tfc* front Xor U ii* g xm % &«ou>i& <*£ « visa try ioofcicfe to tfe* XuUtr*. fto* ii it &* fcy a too&fc it e&ie«&w# tb*a it owg&t to ^ i* M^^t ey * #A&d *.t 00$ t a ^ # w f v a * t Qfeieofo* «»ra iX | it ou&&t to &o &i witu r«*i;o«t to kifcsoiii* &»a tii# lioa 1 *ofc*» ax* Froaofe iX b+ tfcvug&t t&»t tfci* ai»triot » e U a fe« * » » * oorv&Ki fey &tWofel&» it# Xor i.a*i*a«*# to Ckia*&o r*t*#r % u m %u Qe*&«» gCtt j 4jUV* t&*t i s * »»rsi ^ *6 flit vi to & & & & » & & But io o *ia * * t it Xro» tfc* vi«*i*iftt 1 fc^v* ft to 1 dbowia iiite to i,r*v« t your o«m ^ofwiet Ju*4»«fit or. tiu^t i»* just |.x*- yw-u t&izUt, 212Q. B &9 8-cry «. Mr. It** f e a o r a 4 i ms tttj auiiii to y®t Icjf *1 U *** *igfet feax* u * t 1 fcav* t&i* %to**UGa oatix*ly Xxca & j^saic atattipa&t, *$a X &c <yw **x a&fct 1 <u> * m fe^y in Xavcx «f Owtia* act Xcx *4* £-&xiicui.*x ii* 0 *» &»,» but b#8ftUi« X aeXiii?# it » i * i &#t& tc %&a »uc^«*ae ex i£i« $ x * * i »clfcam« sr&icfc fvv *&cut t4> jpwl x& cp*x&tic&. &x» asm 1 Xiraix t&*t A»Xw »« &*Y* * ttt*2k t&fct thXufc£& feJU t&* j?«*X* fee* &<£& i » ijfei&taxccuxtf* witfc a li t&© #*fc Y«atax& coeatxjr* U tm sU oX fciuia tc »<**# a x«#urv~ &*&& a m « # i } iv.uat uo *c&vtfcins. aox# ttf*&a a*x*i>- + a M fe^n^jf it to it * **>w eaxa, ^c44i#<c it &u*t i**xr« «cafi»t&i£g o£ U;* a&tgr* c& tfc* c©<Uai*xol ufi« &«cuxlty it# »#*fc#xa oX«ax £cr ai.icvui.t* s&^ut uc |v/u u;it;* & xaaaxta &*&* i& -^uu^u iiJtu afeaus ta« tmtti* x<a&c&cs aitt i cr iu sW i© *, c&att*i ,4 .. ,*il t^w v i s i o n # * *£ e»cuxitt*to «« & *? « &*xa iii tc? iuufciis i £ kiyaiiJ^ a it a #%ur oacfttxjr &i*6iaaa«? 0*.va4«. $h«jr *^uui Urn#* &£*&*&*• &«cx*taxy cX tk« fXaaa**X?; Uo# i * that & f * i x « U v * > it Hx« l* t « « * I **!M * &cn#i &&t# a £#x*© aai k&tomlvX&m, a SO *132 t . ¥at*a. 1 &ev*r aia *&#*«* Tk- $«» t f v U iy ei fc&# TrfM&twryi IL* ItifvuUiX* vwt tfe* &*t*A a&&li u &*»** fci |ii* th*t $&*»*«<* w* to* ife# a#IMfiiis* it is loafctoa v r«£r»tf*atfctl4*tt «a fe* £*&*#r Qi*£&& ssuia. UU*t &vi fc»* Aal IXNURi* Hr* Y*Uirj Ut *0 ~~~ fb * Q*#**t*xy &£ Urn t i h U at Am it Ih* fckE* * * « is- &«£V«r \mul& ks&* u& )&&t &v<u&i* i & t i «& gfe t&fefc fcfttf ttiMMNL &f 4&Zm&%%£& vi‘ th*» f*«~ w*rv* s^<ii i * to &* r « $ & • • • & * * ti vet #1 tfe* 4Uv#r*i~ Xi-w* «f Vii« tt&tira «U #ix A #U Mr* 3f*t4»* 1 »4fi»it %u*t$ hu% l « t 4SU, ,4-.a^ticii* U SiMuif *u&i %4ms &&ate«rv? &Z Oiu»iu. &&?« tm*Ui iii t & i* fciatfiA#** &© ?«& *&• Qtoi:ti* «^tsl4 & * * • fciva y*a» *&wti;*4r A * * » » n r * bsoik i6 * & t « d %& tk# «**»#£** $£ tfe# l l | 4 f l $ B il cX aV*r/ *.«*% &*•*!»*•* b *t *9 m % *,*» $ 4* * i x * « u r ti«OI * * 6 » t * f | U t t t * **K>fct liUAlJMMfe* &!** *&., CJsulIW#^ *r«i ti;- S. tfe-i ***& l-Wi 16 &»<* tfroftft ti*#r» ttfey Et€*t fefscw jfcUwii Ut it* f&s s*gr*t*xy tu l r # im jr i in %&*% & ^ o « t y^u *©uia jitviMUAy £«* « * * * Aifttitwtty la c ** # « o k l V %Vj & U23 i* * X ceU fc*i*A*u«*xi<»xs* ii you &&& & fcxiyiofc, ifc&a U iMTik, & ©*o4u»# uC Ui« sot&til ol t&* tLw d ix ^ c *© *# i & t k * ir w t t & * i »i ytn* utm $h te&&£* s&jujs «&G-c&iiv4 t&« $x * u i t * a t £ £ «**«$ i s U u x # *»x ? « **&&*,» t^ifc A ct, ie x i 8 » ^ « # |>rwvjUU* t&&% * & « * $ * & a i In »**<m tiir+eto** « l & hx&m b feuUtf o&£»*fc v> tA** x«&ttrv« tooti a m wV U«* b<*xu> Xvu? &£ whm mh^lj. u& t $r «« «*y t&>? jr*»«jnrc fee&xu a a u» t&« ^ r i i U v i i i &£ *&« bzm ah n*twr*A ljr t&# ti£?JNr*tt9&s « i i * fcs «$x*» U i d l « 4 t&#& "> vX * r » » * * * * k&&*. fux Ui« tf&fciXs. a i « t * i@ t * afca yyu ftiii &i*t & & x » is c ^ i a ir s o io x * oil fc&a w^w-ru s£ t & « fetmfe b**,* tA*fe wC tlhttt tt* tii« 4 i » t r i e t fe*fiiU JS*& *&«X£ »*X fe»*a«twMrt«r» ®X Utia fcX4i*4& t e k **? $ * # - Ule 1 * OftftJtft* £vx i a s t * & * « # JMui 4 fer&a&fe# fo b *oui4 g«t t & # fe«n«iit el «aA i t 4 Q^ii«. a&*i4*xa i * ^ « « i f i | v§^fc F*#tV te Ihfti t&SeJ6G& fc&&* X&X <il »<?bbi*t» Hr* T*t«*i I *iil fctft wrgs ***y £*#*tly tfe# iHrttiim e* i^tiikix^ w« i t * &<***& * t &xi«*» I til* 1# \i*#tn U» ©wr*#n«y * * *r «r Vi £ *** fc*a aott$. txoiiox* *X t «k &i££ *x««aO» r*u&»x x *«a iy &av%. & t«va & * » » wfc At UtaSi ! * « # • *a«w» b & & * * x * . ol i# i**y »x Ufci 6**1 »& & 4 i*jrjr**i *&£ tit«*^tx&Ai** tu m silly itujrr*£iQs wk& m*r* «*t Haarj *, Yus««. i&nkvs&g /a t i* ifc* bah *&v &&« control *s&liy ui * l i tiu W a k i c ^ i&t«*i?#u cf t&« ct>*&try, *t*Jw **• X fc«> *s*»fc t u & l fcfc&* tit# bk&k m #\ &*$$&* c* n * d>& m\iJtQ*$i$ vi -*ui«4fc i&«* ontiv ^ir«ctvjr$# fcttt it t.ii»i itXM^ti^n i&fet &« w r *4 i& k u if £ i i# £wt if- fc&* w « r <*ar ciijr *&«*# v&*Jr» 1 $ & !&-*£* tag&A^i f w ^ x n A ijr *%%& * 1 1 * * x t * * f tli* «%***» T&» «f i&tf **£&*€ vmvtit tr<nM>uxyi 01 iul«ap»fc%i«ft ttit; *CfUi* aot %j»&t * 0* 6* iix* £& i&*s t£ui«x|' fc&** ilut &» is « to I f #« *JtetO& &* t« yfent vM s^o kiw* fcbvut jKtfejra*** ox £&*»*«* ©X C©l&rfe44 <*r «?* /r-v ly^lA g t It «m A 4 *aw* tkkiklz&i «fc u * & 4.**vX « & * I # 1 1 4 4 * * 1 &*€rtll U , Tin* $ # « * * * * * * ci l&ric\iltvr*i 0 &a&* * & $ C&xJ&fc jw feHUNfe «t * lo o *! feooxs s*i^gs«*a of awx* £ft»tli*x « l & *&<*«** loool cem iUw fti* Mr. T*-t#*l To wif * x**4 ixufcfc, 1 **▼<# loofco* & i Ui&* ;r*Jt*fc fcuaifr*** «^a 1 « * s #fc ***** 3fti*fc ou* of it . #»» 1 awH A i l kftV *o«**» ** **» ***»& 6**k « u i b*. ■V, Tju; ^ o x v fc**J <4 A gxieu ltu xst http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis . U*£*x te* i6« *fex**-i «wMU# «*>!&* ***** tfc*F «« *m* ftU* u ttip r* i* !***&* 1 % Xoo&i& to &« tot&i£tkJU Mr# «ouXa %® AUL^ii ^iJL v u i.r u$in&« t$ t&* p&xm% w&fc* 1b* %***•% «-r* »* A g r t e f c H u r •&&* it, * m t t * r U **g m *» U ^ iu OX u$\i£&ii ii %bs hxm&h. Im&k h&a &XX t&o i*£* I*.t*aj wA *&» tfe&i *£kt *vfcl& i4<>V £*» Ofci> V&i&&* l»v% MUKry &u% %k& t y l t i I oi fc&* o i i i * 1 jur.«# um&tikln% 4-ixtul tfe&t b i l l , & & * I k&o# m®*%hl&£r a tov a% tk** ci*u»« lu U u *,i*«ocr4iU« $Xi*%£&xm, p&t&*>%,* Iteming &mi titli.* to uo « i t & I t » y r * * I . *«ot U vw k.*r% ifc %h* ffeo wfeel* liii**i in » » do ttofc of « i l y bu**&««4' v 9 iu * *vsw of *y $ * X # m » in %k* to*&*ir<£ ou U ii**© . *&*» *ro *«ry oio#*«ly 4 & « * t i & « A «$ CfeA&b&o* 1 >*a *' f*>r So&o of 1 &* &e*j to* * tit* Jwgorffc* «l fcu* £#*r*tiufy of A &rtcuitar«< Mr. * & * » * * *tt$ ***OM»« Cfc, «a 1 U W It of f o r * * 0 4 . »»r« * * * * * 4 a * fefevut i ^ n v o t . oooia mot ^o £ & * & & * * * with I & e v *r if, tA*t tifOU&d 0& out fiuf tir*4 4U##tlO*U aowio &« i i * « %\azXbg u * »t#*a Uu It *&o«X» of i.-ro§rs»B.ti &*&&***&& i&~ Xi *eiu 4 b tU« $ •« * « * * * * of Affi«ttAt*aro* iis£0#»i & U * Sou Ht^y* «ti&&*j*t«& «o& k*oii;4 p«Mr»r *U& i4f # f«t a «t **U # **twr*i,Ajf I t e trt«£ of &oaiu*#*o, - y,** fcAfjr ! # ***** &***% **% nutf***. *xx yeii e&a 4& is ts*u id i«> <i«jnr* i t * § r* « t* * l j&fete&fi y^fe 7iu* iisscrvWry ^X A&jrl$tojktaiUN&i $4 M u&m s s&jr, iX yt-w 1 % »«KV^ *s& % £ * m * £ *<*uia. %# &«tftgr# - iX &***# * i » &&t t* iutVv & r«j^*nr^ *&*&« l&r« Y^t«si 1 v^jilure te *«y i U i £t#ittr#r »iXX «*$ u t* t I f thay *x* t« &«* i© a *& *xi r* * a rt# &*&£$x&ti&j& *&*y scuid jjr*X»* G**M* i fc*Xi*y* %&** «xaa av a # ~ ««$*<*t*£Xy iX y&u aw net ^i*t a b*Bk if: l&U y©S*4i*Jry U /v u r t*ri*X t Mr, Y&t*«t X \himk X &**« Cil| * t#A±, &*¥* to* |wU ii*£jto~ p©late. XX ywu a * ft t ******* c ^ iiii ft «w ao&at&izi& U i t W * t yau »&tuvi «tttjut ££ &s*. n«# *fcOvt, I fc&fcXA iNt ¥«ry &Xfc& tux X itiitit i t i» & Xi&«* ej?j#Jft*iaity i * ..xv« U i t Uit?*ou&&«Xy aiottutffetiKi* ft** £«tirtft**y *r* Y * w o i A*riaui*tfx»l I mm*ifi Xi*» %q »** y«jt — X 0.1a eoi *t»y **tyUti&& * &t» IV u i &<& S|AB#A|N»Xi6i* fk* fc*«**uxy « l A*xi*uX*iar«* , X «*i*t«ei It # » * y*u &£#o**t f j -**« ** P* ***** to l&s tfttAttO* «X ttiuia**© of Sya*4tiS sihbnmi ifc iM t &iv&at&£t& to Qifo-fcfe, or to ?*.u* 1* Ifc tg *, ifid KA »&<*«*• ©AA*? ter. | a U # i $©m*a t« •»u«aWfeB #©»*&>»&, l I f y©ii &*& «*u *©itfu *&f %h&% a% *#&t is «*** & t . 1***4 ii^ia jiAstfu>**©Aiii* bun iryeMag ttt^wfttl&ft&fcA? «©&*# %& Qm &± , Ou t ** X X x g & & * *ur* ru» tkr©©&& * & « * « u.Ar$©fc* Tii* te<iX#ih.t? ©X Ai:iiiiM)iUi£ut *i> *© 4©s»© ^ tula* fc&&I Id **AA lv*~fao, 1 b*v* 1 w ill t*fc# g ?*&t £l*&*«ure i s Mr* y©ur teri»l‘ very «fcr«£©Uy* Tiia * # * r * W y ©A tfc* f r « M W y i t^iU u i 1 *As& t© &a* |<m. •$*i>© t&© i *sA*v* U Mr, ©u* or taw TiU» I t t ©£ «u*> a $ « m © « i <U| i t » .<$•*&«* e>©j&*©, *AfcJn u*&&*;a, a©ii©w &&&* is* fcuefc ©*&&# fcj*f- f«uurta * ttesSV* tiuiik * * j aA*©©v&t a&%**9 i&X$£%&t tut yAAi* gi ©i;«Ui&© £X'AwA±i& ©lit ©A «Ct*fcA ©©**©*fci&i ijr*##4,©fcAvfc«$ t©*t As# rntm*t &**£%»» * * & fcAAAs ojC £«tfb&&jge A®*u#d itt ux*«xi Xax ^ r i o u A t w ^ A # l«A*«t*ifci# ©r ©o&awxcjUA pui>©»*«# «r tiitv £*■$©#©£* al *&A©J» iM&it# ©«**$ u$$-4# ©jXcr g*txp0*m*t tJfc« f f t d s t n r a t© ©© ©&©&# i© lug tb* f j | h t t$, ©tft^XifcAA© ©* SL©Jfifc# fcii* ©&&£©<§tr#X wi t l*v jr&jp&f ’VliU© *Ai£iwl* * y* »At&i& ifc© k * U & & g U t&U Ac t, * Jfo# t*« 4«fl»4U © ft ©4“ 9©#©*rci&l, £**:«* &£* &A«*ye »©«& 4 * * * ) £iiXJfl©toit |Mr©fel€*# <*&A w* *ATfo 3Clfcxs* l©A«a & $$ i , I *%<*** <iaa 9l«&£i&g k$w&* t&& es&yjcijrj tfc *ufc*lfc t&«i* ¥**#§ oa %}&% m'bjn&%* ^i>r« i** t&al? m 1 «& *& ay *1 }*&&mu\ *.* %& *hu% vmlH fe* tbz *a*v*>i»r u*ii/U*iv.r. ox g0g&«¥$i&i «r wi%t,m t&* m m i u g $x %l x » /« r v&s $ru*peft9 of 5k* *« **o.l Uvau vl«*» ao&*ia**«&& Us* ^Uadtri^® «&$n au r-*-**&£; it, geod U **$ y«m ce&*iit*»jr tuvfc ift jrafc* Q«&.l& Ci*s&*iJ§g Uvum feta* *l*v «« ^c'-.*a ii*« ilUi l,i$®Qlnp Jtebt&vk*,, Qi><$&$lt*& HOt*« V«r tfe* *U*atifc& feuvirv*,i#u fcfr 1 * 1 t«r uc ftU i ttui itut *1X4. w* 4 f#rjr i vltkiu & %m %**&», «» M . ^ s ^ U vr. VTfc* l&£$rm>%ii*& t*> t» fu? &£.*&#& t»« u*»liu*.%&± *«* fcxfriaii JkUBUeJPy *,&* tc Er. 'tut,** mli i &>» fiHfc**# ik tK a w ^ Ifci** } tfiu « u u » » f c i i* ^«s £urAl?ix*M by fci&aelxij 6 £0 * Li^uoiu, ix^r^ucwU »£il ww a*«l§£Atb«a At i» *vi*w£«* Jt.iiU4tr/ *4tfc, 1£14*) Mr* t~w*>t i»r« mete**, i **v U >vu * x * i * * * !* & i i 4iufc%i*t » * • te& gifcidali,** ill fciU will* rju y$fc ^HTaJT W X^0#4Vll ^iUktr X** ii+wemUS* ^ £r« ! » * « « ; http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis U » T***siar>; On v&w ** Oft x**#rr* 1 &~ n 67 B#nry I. *jan r«© #ivif% i r e * ^ tn *r U*&& 5 &«Ji&»r fetL&k*. t & * &«er*t*rjf vX t&« Treasury: 1 Mr. \ ;.>v I uis iwt f m U euXX#& uXttwiiuu *« t W t«c uX&Ufctio i n U $ ©rlgi&&X it, JT&et iMfct tn^r* **£« U X li tn&t he-\> tet^n viU.it ad i n fciife BiXX u« pn»4is«ia. Tiiw Stferaikry • ! u M U »r tiuut | tfiii Mr* in w r»«t vb* S M M t t y t It i * 1 a r*oe-Ai i t / It i .* gXaa to I oak up, tb*t aliiuat sfcivL ^ r g v id *^ I fa# ub &«jr * xe»pt & *n s r m 0 R t a m o u n t , u l .l ;.t of y ta h X tlt » tfcw a * £ t * it £ro«i any «*©«*** ©attfcor Tfc* a^rttt^ry ©f tfc* trm*d\txy: Y*-tes>. X ug ts*>i ii, &r* Xt j,.rct‘«.bXy X* tfc*r$* Mr. Yttii*s Xt i s net in iliw B i i i & & !>&&£«&* I t «*a Xaf t tut* XLw £»<*<***. t*xy <4 *n« tr*&»iiryi 3* ,«iX i g iv e %h*% o o n »ia«r*- Ufli* Mi. YftUil &*dfeu«*» ywu wkuix * * * $ & , X »&rxutft to * 4 * t A i * HiXX **d e & tnaroufckly in fern X OAJkiidiy u#~ Hjf* Ih»\ mllL*X it i* iiwXua<w. in «&£* otWr j^trt of Uu fliiX» or — * I 8#nry w, TL& cf Tftc T r ^ s u r / j one or t#c *or« *p#*tio«& t k t it is afaiR pr&vldt* *» U U *Tri« .Just * xeiumt, l?r. Ya>t««, X *l*fc to Is. Uo*f »ot in e t c u e * lit Federal H **$**# goatr* #k.»n »•&*# n.n<i jsroisuig&t* frc** ti*e to tin© r*gttXfttltji* g&rer&iag t&* t*&«*?*? of fua^* mi «&&rg«£ tk«r*for $.s&on? ?#&«£»£ raa#r*« fe&nfc* r^ th«lr fcr$nofc**» oufi it* o*#.rcia* tfc? fvisatloft* of « el^rifcg a#®** for P«4«r«x r * * * * * * t Q ls , or *-5/ d #*ig r&tf & Fadrral r * # * r r * berth t© fstoK fURdtiOa*, ift4 Wfcf ll«o I fluiJfe ha* r g i # tfc« ftt*etit«t* cf % c l % t i n $ ****e i*e euefe to*ni to h<its*« lor it- amssifc^r fc*nfc«.* Ti:$re ^;;4r. i* & ?vrr insert*** prcfelem aonfrert i** tfco Rosrd* *JHt C»r*fc*» v* *&&X1 feo to h&v* th« c f tfe* CX-v.ri»,v Hcu*e upon t«* ruefttlon* tfcsrs pr<?*#»te4# *n4 ftKcvi 4 U N to ftilr tb« U n o e ir C i * * r i m ]M i»» ic 4* t Ibt «<*e tMtig* (t & « «t*t«Hi*£t to fc* /ar-!U*fc®a toy !U r.Y&t«* oa fct&aif 0* tbc Clf&ri-ftg will assi^mtt *4 f fsfclfcit 31, #fctfcB&«o#& 1ft *iri4«sflc<* Jnouiurf 24tb# 1SU. *t&te£&ftt tc b*fu*riick«$ on setaklf of tfe* V !’• ?*• V*% 2 ! tft SeMjrt*. K ... .• ;• /■ . / , r Ii Lincoln ' wiXl l .trtauo^ in fsM l&t Jkr-usiT 24tfe#iyX4*) T*e B # a r t t a t y o f T h * ? r e * * u r / : r 4per;. y o u r 4<Mfl(pi«-tf6 **#, y*. i& * « * r ^ f® r to ** fe a v in i b#*r. r # # o iv # d i a r e p ly tc t circular Xottef «bl9h«ft »a*r#***4 fe? tfc* Ohm&» ffX»* ric Rou*a to (ill the to?all* cf tjfc# di*triot, «•■* v*$ h?, 1?* &&$ cur \ t t ( M ic r . e-*IX *a fc*x* t o * t s l t p ' O * * m % m % b y thm Ctefcs, O le a rlm * Hgu*« A # * £ © i& tic -» t o *o s* c f th e fefenk* ahiofc fe&v# ret (e p iitu , ana I Xikfl to *.*k a -c c u t . rjLiia t & U * tt $ £ * * t io a i n i t v n io h I *houJ 4 fk ii i a t lit* t$ A # g r * & , •H*vt not r*c»i'Tfto csrtf tfO ftttrnlftg FodoJr&A J k » # r ir e 8 rk. ?oAitl«*,l influence t*»on| fcr Denver. c^Xa&ity for »ebr**k* fc*nk*. cctfitai *itbaut Wcfcrtaka. »: Would fc* D*a*$r mnnct ombine *t*ffi«i«nti t i« sard or *xit# o&«*, u » s 1« *ho*t in «toicJi to offer fast# a»S flgura* tc 1 2.* or£«ni**tio» ooasitfco*. 0®*fc*5CX«M4.ri»% fteu«* A a t o a ln t lo a ." (L * a £ f e t * f •) fcr. T i l t t i I « 1 XX #*y# # r . «*t r*< *. c « i - o c # o f l l i l %#!•**• *• * * r ;ttt M r « r * ? # *•* wftet » '-* An il *«* I **** t h » t t * X « $ r * » * * # r e t b i. 1» tb« flr.t U » * I i*»v« i9*rn*d th<s-t. I r e » X iy fead U X f g r ^ ,* - %***? *♦ Yet*#, Thet S?ior«t«ur> cf Tfc* Tr#fc»**ryi ju*t %• weix ?er * a l l f I thiru it U Q»*&& Ciesjriag Kouie * i& 6 * tfcis tel*- gra* 6&« b««* #*nt ia it* » * » * e l i d i n g j?eiltie*a i»~ fiutnee «trong To/ Denver, tfeet It ecu 2a be *ery * i « # X fcr it to infers fc*v* Cc«»itte a# tc- th* fc&ei* ss|>©n f M e h »\*e£ v. *t«t£**nt it * & & * ' Hr. Tetee: fb^r* *** m &e tim *t t&* C lo sin g Heme* I wixi #*jr ftteet • Bight fe*r*« t# » i l i get til* fc&rs *& * wrct* tto* t*l*g r & * tc *xp&*l& i t . Tk« S*er*t*ry cf Agriculture: *s & * * * Rot *$$*& * f any : p o litic a l influ«m*## * * * * $ *oa 4 fe* gl&d to kfcc* it ocase* fro** The ?*«r*t&ry cf Tfee ?r*&*uryj W* a?« $*rti«ctlft*Xjr en&ictt* tc ai*oov*r tli«? politics.! in ar*f*r*na* tc tfci* »ettt*r* 8 r . Y&t«fts ftoftlly, is *«»**r»eti«ii# an t»jrtJi#ioB t*»*t ttotf^t & * • t««R % f f $ * t i » f yc» f * « t X * » * « * * * * * tc* ok *o»e j»e litit * set is t*« * ligh test d c g r e *. ffc^t i » o r*** tcv*t tfcu ret it* of the %»« ®eXsr*4e $er>.*tors for tfce t a r i f f M U I# It * * * ft*0 S «*a r 7 tc | l i « l k « » *«**tlllftg or p r o e i* * the* « e * * t M * g # t c i * * * **« reting on th* t e r i f f their f * e « * # fcec*u*s in D il i t l * y & *4 tc g& •4 ' Kmt? p o o l a j u t t air<?otiy against tl»® interest© of 4 h * i t own * 6 o p i * # ana you o&» put the two two t e g «tb «r . Sul I **a t t«. * *y right fc#r* that tfc# C l e a r l y Korns « A **o o i&titm c f G&*fe* oetrer » * 4 « u; that ttX tgra** It «u *t k v ? bfc«r.rt done by »c<«« #sthtt«la*tlo M t )» « f & t t t i » g t*$’ tfc* a l « p * t o h , T&t* 2*oratary ®f Th* Tro&awrys I think owrtalaXjr it u *ius the Co#6*ittft<* to furcisli *o«o **pS.*n«.ttoi> of tfc$ ft&tt«r« r Tn* S«orot«ry cf A^riouitursi oo Asia tb« evi&o&ao oug&t is furitiftfc«4 for tfcat »tat*«-$»t. » ifr* Tat o « : \ I a» « m U 9 « I to t fei»k that thi* i» th* only Z" ^▼idanoe I our g*t you . Tbs S*o rotary of A£riouItur*s Mx , Yatnot Dc you r*g&rd that *« ovidoneajf I dost Jrao* t&at I 40. ?c.u xaoe how UWrO# \ thin*;* ooour — tfi6 ftotrotary of Agriculture r occur e®p*oi*Uy 1b tt s**poa«i*l* fcotfy I fca#* he* t i f f f f M l i « % A * * S *&tt*f«$ fcat it «xrpri*e* as that 1 U « tfc* Clearing fteu*# A*«o«iatlo* of \ Oaak* *ouiU cut * •tato*#at lik e that * & * « it is ^4- slttad tfcat it id *«**« ruaor* *r. Tato#5 Mr. Bxysn, X * * nt t0 ^ **** 1* *? m * m * w wiH?r« with ?cr »o»« iaoorutafcio r«*»*cn# to fe# in favor of | i U i % r * * * • # * * • Baok for Bo»T*r; a&o i 41 a net 1 &*ar? i m k IX j ¥&%##, uni*rtt*&4 «?hy Ifr, Bry&n in C*DTsr. 4U& & r«?»srir** c-©.nlc »©*# it May fc$ tti&t ih#y h«y« inflysnsea * $ * • j p fc fl* t© ti ink tfc«*e *%» polities in it , Tfte 9«ertt*r/ cf Tit Treasury: 1* ) fcir. Srjran &&# »♦*»*- sjspr^ # ? 4 vie* tc tfclU C o»*ittes &»* ntfey or the o % J w * U 4 ! X regard tfei* of sufficient iipftYtftso* t • tc an inv#*ti£~ t i o n . n*£fc«s*i~ Cf oaur*#*!fte 0m m l%%4 h ** f ^ a i r to uopotn* «itn***e* 3-ftd to jut the* uncUr 0 ftt.li, c re to t ke XhaX eouret y*t. X 4c not If * *ftti« footer? «x?i« 8 *tieft rt:*i;. oe furnished, *o *^y fee willing to nece$'t Other- •• ;»« is »luUX Inke ii««urt« tc thorcu^aiy i n s t i g a t e the i U i « a i o t nent cut i® tfci# di*f-*t«tu Hr. f t i n I h* I *ftnt tc say further, in oonneotion * U h *b*t .ia ir r ^ ra to Kr, Bry**, that Us • Bry-*a# that 'i fcrfti the*: net aware of the fo«t/t*#rt *** **** *as not *uf iaiert ecntigucue territory i& Denver to *ak« u$ & rri rw- l o k ana •* fr**kiy «xpro#«ft M*a«rtf. Tne S u f f e r * f Agfl#»X%»*#t thi* Co«aitt*t by Ur. Xitt#i Vttfcing fcaa fea«ft *ai4 tc / "vlcn^ i M t ±in«, I * * * • no *<*•* there fca* * i r . Tn# Seoretary cf Agriculture: tiauticn » i & **• * * * ef n * Ind U i » U *fc« first in% 3134 The Secretary of Tfce Tre&aurys $&%$ a«yfc*dy el*« froa Ca^fca dcusir* t* be heard? Hr. Drahet We & f .n t*e *iti?e*»$*# Mr. t>m 1« and Mr. Fowler . » a rm w w T or ir a & ie i: h. 04n s * Tfid ?« .r«tdry of The freaa&rys feti » * ? « tate |eur »&*e tUR-i your eonneotiea• Hr. Oa*i*t Frederick H. Davis*, Tie* Freeidettt <r the Firet Katicc*! B&nk of On&ha* The S M r t t a r f of Tfc« Treasury: Ifr. BaeJrf Ycu knc* o«r p r z b l m , t i l l you kindly $ i* e »« ycwr t J#*# of it* Kr. JDavi* * I fe&*e $ r « £ ir *4 , Mr. »f?eoret*rytf e c t the remitters©** heaaled fcy the 6 * * h * feaxtke whlftlt I ««nt out e*efc<&y to the reximas c it ie e , flteaeietiag of draft# ?-na ©heok# tfc&t go through the fc&aka tfe#r*f *»a I *ent to *h&» you the peroe»t*^e» of tfc#»e tfet are sir**** ©a the T^ricu^i e i t i e * . «e e * i l ©ur *e*itt*i*oe T o r *; it m s ^e &ad S$ per ©eat on fe* 36 t « t ©eat on Chieasro; *l*oell*»*© tt* «outfc*rn p e i« t « j Our total amount of «hr*t 9 p^r ©eat ca Rt.L©*!i* , aad three p**f ©*mt on M ln a e & p t U * £136 H#»ry » . ■ni St.PauXi 3 oent <m £ # & » * * . I «p«**k c f t&fct to : ycu ec» for tha reason tfc^t I s&jtt to «tio* yea «fc»t I think i &r* Inalo atio a cf t & « tremi cl 9 ift ?r##t tc ifc«t from na bp* it t« dl#trlta»t«g it go*« throughifo* Os&&k& o^nkft. I »hcu»u ilk* *iso tc apssfc of tte*attor A# )fr. Y*t o* b i of rediscount** •tmt*d# tfc* 0*uha ta&nk* r s&oli thio t$rr tor/ ?sr; thoroughly. Th«y £&*e *o«oufft* niid very i*p«rtfc»t \3 ccunta from all cf th« tfc&t &r# *fcc*fi &»& I i»y »*? for cur b*nk — I s& sot f f t S i U ^ *itfe tb* etfc^r w»iu* ir» that re^ara «*- ta^t 1* »c<t a *t&to *fco»& o© th» flip %fc»r* that wo ao M i reaiaoouftt for 8*** if » R<*£ior*l R « i i m Bank *or« located in ©tt&hn# thnt tr?n4 • ou-o. ocntimio* Cur# what *© osli eut~cf-to«n lit*** sie %ii to *o f#4 it 0 6 u»t for *T«ry -tfcto oho** tfe*r»t Vont?nft# Color**©# lohrfc#**, v**t«r» Ic*& m H * U # on th* r«ir.acr***ont of tuo ho*** ft«4 Unitor*. Tin. Soore «.ry 0 / the ?r©*amry; Oont you t ain *., or ao you or ac you not think tfcftt * h n n o h **n k »t ® **ud »<*rTe th# purpO*« ** if t U y **11 * i t h % R *$ l« m *l B*r.k *t that y o U t t ¥r. B*vloi for ifiat*i>o»# »o,«ir* * * • RCt* Frcderiok Tn« ? no.'e: -ry of The Treasurys **r ® ******* SbyT Ifcff r*&*cn t&*t i f *s b *i tfc* fc#&soS* fes**k# it *ould vrofc*fciy frs>® O hla&gc. * * » k at a ifc t;i» fcntter of tboea ro4ifoou£ta t sfciois I 'gtfiactotaaa i * £&® o f tfee ieyortwvt featurs* of tisi* feiU , iw ord«v that ttongy * s y fc* lc ^n ei to various ftav&atagteu* * * y f of %kt$ country ia tfeo fcoftt I think & fogies**! S&nit in $cuXu pi-<oe tne o f f i c i a l * of tb it b&nk i& o iso t* tomo& *it& f*ia tn« &>nk« th-'.t ao fta*l»««« cn tfe* Kisi»««i) Alvr»f} &t*l by reason of our r *ilr o & a aim tt&ll ios& tioa, ®«* & & * * ti*« v*?xy fe<r«t fit®I lit its to tfcc»o •* .» * * * 1?o4 Imfoud th«&# «t&t#»« .i© «, t*fc# it la tho City o f J5*ftv*x» Tbaro I® nti &n is&port*** to;** ic tbo c i t y of &««r*« tfc*t 4 c©* not &«$$ % vary it&rg* p .roontHv-r cf it* r #*•?▼« aopoait* Kith OmaUMk f oscunts fro* ttoo i*jrg#*% Tine Secret * * y o f T b* Treasury: *« &*** m Sfcfc Fr»&*i*oo« Tv *&&t ****** aces Be&v#jr keep &er *cccur.is in U r. DftVioi I ****** report# ec u ia efeew. The ti># *«ro*rit* 4?:«, but the tttatftreUeAi You !■*▼• m * a « of The Treasury: of g e ttin g tfc*t» Oft, ? * * , * * I &ut>pc*e4 you **r o f » * i l l * r w ith i t . Os&&& k»tp * * * balance* i® ©Mongol To eh *t got i t ; Out eatert ao«t 313 7 Fretterlek H. 7 - “tfr* £ * * i# t Am nx in %h* #&«« pere«ii&*ge-#. Mr* $ * • * #tt|rjrt I Ofct-uiO »ajr t&&t t & *# « rettltt%86fc» 1 fe*¥* *&p&\c«K £f h*?!5* *&#* * I thir*k f r o * 60 ts £S per d«nt of $ur r# & * * * * 0 &l& £ # *t £0 is *r * itt Iht Oit? cf CJhio&go —» (tpm The fc * * * * t* r y « f Treasury* pmr o» «t * a$ you OMriy the r«*&ln&«jrt Mr* 9 iv l « t Srtirsijr ifi lew fork* Tfce R # ***t**y a f ?h * Tre**uryt Ifr* D & * i * * Small $m lose in ft*Loui*T m there* but net t ft t ir iil. ycta t&ink X4*ka a* The 8 *o r # t*r y «?£ tfee »ore tributary, far iKct»i*cet to Ow*fc* tfe&u to a y cth** learge oity i» the *&&t? Mr* CftVlfti I f i to any ot&*r *&rg$ oitjr# tut for tfc© fur- po**a of & Reserve B&nk# < «ttU «r» 2<fo-fee *© ui4 aet&Tfciif eo*e to ltd• It ao«* no** T&* Oeftkt or *et§tb#rn l&itfeo reaieeenat at Ois;«ifta* T.s* Seoretery cf ffce Tr«*e*ary{ * e l l * you fc&*« iaeluiie* xtertttera Utab *m*4 Xottiftat iir# it, 3 &vi«t I o f &4*t Oar fig u r e * %re 0 #*&♦ s.* I uft&er*t4is4 fr©» Soutfcara laafeo 0nior. F e o U l e S&ort L i n * , on H e a t *** * * r e s t & *& o? ifce In & * * & ~ th e Bircret^xy o f Tfc* T re*»u *yt Tour «*p fi*r* U U * tfc*t •1»4 in . T&fe.? i « a siotok** Kr* It *houi& go Tfrftt it put oa « tfeere, a* our figure* ** il X verify. Jo V%ko th*t $»*t of V6Masftt Hr* Soo*«t*ryf t&ast it i*rir«d toy t&« BurXia&ten t&cao it a ll oo&#*> dewn h$; s. All aioftg tta**o !*&** .seecunt.* in £XXil»g*# Butt# fejMi &*!*&** tr*« ***t«jrn i m ir*ou*aing it reaoho* #Xo*r cut t I 00*414 out off tk&t dth&r jt&r* i *iRd X«&ve that go to 0fel#&$o cr 3tlfi$«&$oXi*# &» the ©ospfitiefr •Ufct 4eeid*(i»£iefctin$ 0ft tfco p X & t ). low, in laahc h&e# a Olxeet o&Xi on tfc# *o#t i&i ort*«t itiae cf Xae.fc<? — t&e southern y *r t # tJwri-tt&fc our *s*X fn o iiitie s o*sr t&« Hnloft FooXflc m u tk* Oregos S?b«rt Lin©. Tho 8 *e ret wry of The ?r**#ary: 80* &toout $ & I t L*k# City? I toe you fe&vo iRoXudea tfcot. Ur# Dovlo: GXtf *>** Too. Our fco»i r<&X*.tletu with L&k* n n Tfee Feorot&J*? of The T m i u r y t G i*s « « *o»e ide* of t&e extout of tfeot* Wr. D »t U t City **\* Our o»Ak k** liurgo o&X*r.o* f r a S&Xt L&*« osd * $ *x t cf the re»»jrve OoA&aee* e f g * i * U k « C it f * » • 1b 0»# h ». *13* Ttederlak g* Th« cf Th* 1to*mryt ^r« D&ri»t Om» you | l t « $ v r 6 *« t *g « e f I &em io & tfe&i f&ot i& zh%t wnj for re^eoi* th^t I unuer«taii4 tfe&t i*$e u&oc t& vhieh tfe-eee fefglOMtl e\i»k« * i i i os «iii s#*v* t$« b&nfc# tft&t &#*«;. meitstit sitfc tft*»# tae*e e&fik* 0/ Ofc^:i lu it been, in theXx ocim«otio» ^ito the os'-nk* cf t&# v#*%# efc&t the Regional B&*fc *1X2, fee hereafter *itis tfce this territory* Tr*<s &&«tfe« if, tn* 8 » *e I *& a « * y s e l f e l t * * of Tae f t m m & f x Hr*D*rX*t tribut&ry to or tfc&fcf T **. A* to the ;*41e#eant f n Q l l l i i m nn& *u?$iflng o m z e M y a*a h»naii**i< eheo&fc* Tne i N r e t i r y o f the T riM W y t Of c t h e r e # i i x o# & &iter&tlo«i in the »& *»** of abeclt teXltttloii uaae? lAle new i*w» I tbisfc tfe^t I* fftiftg te It* fo r tfe* feefteflt o f the iserehant*. The £ # c m e r y of The T t*&*uxyt gr (S t b « n * m *Mott wvuld be fcr the « f U « *«o 6Ji«t* #»<* gl»« ! » • » » « »«lo sity te tfce eb«ek* *n« ur.acubt*41} r»*uit infimty ss-ioi. aorx *«| e^l» isu» settee cf setting tne retura tft n you a*re n c ». Mr. Ceeiet t w .t i i t * » * * * * » uni for* m ® « , pr Qbs.il/. The Be®r«t»ry of *& * Tresettryj ak 4 wire uslfcra rateu awl * 11*9 / rr<si#rloii H. ItarJU, gr$%t3r ©xjauitiots «il ev^r fc&t oouctary* Ssr# v&vi&{ It »iX i o# »R ocuf*# *a& f a c i l i t a t e oo#»«*ro« tfccrsby* Tfc® Storet&ry of Tb* fij j il g f l 8* * * you say fcftM&tdfc* of tbia telegram that I lm?e just read to Mr* ¥<rt«s? Hr* D *v i*j Hr. S*orotary I fe&ve not* m u $m v*ty »or*y to &»ar the w * t i # l # of tfefct «##*&.&«. I K ill just « & ; tfel#* of six I * * or the oc*tsm «*- ~ tb$ c©*&itt<t-c / *«tbo*ift«4 14- M *ft sr the prcf-ar^tica of th«r*« *,«$& &no «0 fortfe, mkI tfe# funding out cf tfco*c pont&i car*#,-- & » & b^re at css stoctiag t#n a&yn I rsttcnfcer *ca*tbiRg * * * *fcld by »c*tbo4y that t m y h^a act got *«& t out • trot «c*o «f tn« p o at&i o&r#i tht-t fc<*^ b©«n Ar o h» * » * * i tae S # « r « t $ *y of tfe« A »«co i*tio B tc teUa^r&jl* tc %1<m* p *r t i« « *ftd a » I lbe#t for *«£lltf*« I b#«c ju *t a« wudli oA?'an^ca cut ifc* «oet««ti» cf tXi*t t«3legr®». * & * » X iVaUi There «% « R« ftutbc^lftrti<m by t&« oltnrla t bou®« or by £Ry ftvttlftg f w tb^t » ♦ * * * * •» IU But the vor&lag of * * & #n ifc4 **.s to brin& ar « & » * « r from t b t »« *bc fefrd not * a * » e * * a the Tb« f t e r n a r y « * th e T r » » *u r y : r * * t i £ * t # tb*t *r£ I f you gtftUtattR * U i ifi- u# *o&6 ligkt or it you * * y da *© . Frea&nofc B. D * n » . Iff# D&rl* t Hr. Tstiti it ea the fee £ia4 to ©o $o» f * few* ^ goat taf it*r« *«d we w ill put 8 #9 i$t*x?* Tnti g*QFist*ry of ?*>c TnMutfjr: it Oft ifi/Cfta, cut Wt • Dfr*i*i 4oai *$mt you tc- rat **®t tv fc»0* ffcOtfc* I thiisk §e» 0to0dy in his £+*irtm§ tc it * * out A* & » ! * « * , *&i4 ft U t t i « bit %m mQQh. Tfco l*op«t»rjr of Tfe« t r * & # « * * t 0c you «mmui tc tail u* th*>t tfc* fool* &r« act y*t a ll «to»4T * •1 1 , »« * 1 1 1 fc#*r fro® £r. (laughter)* Fo *l«r* mnnprr or n u n roviiiR* »*■* fouleri X| »&»# li FrwUt uo4 I && 8 #«r#t*ry cf the lyt*Nteii4<Mr*Ffttl«r Oo«jmuy of ?r«*<mt* V«tr**fc«# lu»b«r# fltli &>*&! H r * ttoak • Th«* Seertt&ry « f Th« f m i D l r i Tc\i Jijhow tha *robl**. v« jut* «ciw»i4cri**t #*. h i l i t l X **»« t t i t t N * t *4 *y . T&a Ss*rot**>* of Tfc# Tfiw ury? i f j ri^w# / w Mr* f c f i it t ( 0 » * ! « • fill/ you U » 4 l | srt*s *** to of f #r • */• «y fcc*.* i* ift rreiKmt *bcut uoith « f fc«r* *ft£ 40 * 1 1 $ * *«#t of I *a?« 3142 TtskttK Ttm l#r. eo«olut*ly rc fc&nkin,* b*r<? &er iy i nt #r*tts? of *toefcj am4 I h twain**# »«» in *&tf.r£<* $f a is-rg* busi«e*£# out *it4liy int*re*tiMi In **siing — ©n *030unt of fin&n##* -• tfei* Rf-gice;.i B&i& leo&t*& #fet#T« it » ili b**t »«r*« til* * territory n&is*<i by thi« **$*• I upp^&t h&s’a in- 'c r r *iiy # b***ua* X snly oak* ae*a this ®oraing> sn.i this mcrnla«? in tbi* r fcr fcfe« first ti*# *$:* Vs* lining tfc* 0*«fc* contentlen $at~ »y first talk tbi*> Kctftiag 4 to tfe*ir o isi*. P r h t f * # ,;*nti***ft# it »oui6 b* * * U firat in thi* * * / . fcm>e to im>iify cf Cut z«epl$ **- til* **»G*r»/whi 0fc I .%fc in *fc*rg« — &r* pri»«riiy t k i i t h i i 0$ii**iia *n£ ***©rt gr ir. de*Xer#f «itb t # ** 1 *5*1 f& © iIU i*a ir th« alff$rm % m rloXs .nncj *t tfe* ss%p$tt • I *xnfcineu tfei* * * r t k t But it c-c h*rp«ne th*t «* c-ttr country pX&*»t* *****c * 4 frc* ♦.:>•» *r«t by tn« wsststn t ** r * n i* * *<?*#* &t l«s»t tfci* 4i*triot cr jr-lfi prodwiBg pertiozs rdrytiicreugSjly. Ir f»et th« k o *« of cur *euntry #t*tien» »r» in tut* plot >.*i *« f. nal« at tbe«» country itatlon* net o»ly grain, cut iaitii«r, cool *.(U U n itcok. F » r * M * l l y , if you * i U p«r_»it « * , 1 ok thcrcugaly f«Miiil»r " 1 th t h i* territory. I « • • *o r» V ’ **** Txt&k t h r e s h i% for a ? « * i f m $ f*r e*t*t$e that X n&re M s a i *4; tc- I aan fairly *ay I familiar with i&« buei&eee »* it i« trajiaacrted* *au whar^ it — not only gr^in, mjt general buxine** sbu land *s&i£er$i feiut an that $o*m*ciion I **nt to K&fce the statement that this ««p cf C».aLs -- &*i4 2 * $ * * & in %h#ir feeh&lf i»a hoaeel *4ip. in be&alf that there i* It refleot* as well a* sou id fce expected uftuer t^eae e<;fc41t*on# ttw siaifc they »h«ttlA »a*e* The heart or scro cf th*t texritor? or rather the sain body of it i * # I fceliere, lOjral to ©B&ha, ab& r**ogfti*«» that c * i t « fir*t Isrge sity to ohioit it *ould go for in formation, a6*iat*nee» finance* and $tft**ft& feiftsift«»« aorfc* A* to the outlying portion, it i* &l*o fair to &&y that ©*<%ha ha* * £004 fighting, half *•* that i * , it ha# & fair aiii^r for a gooa fc&lf of t M fcu*i»e*a on the outer pOtftiewa, on the ©ut*r part of that »alm Vodjrj and a simple e***in&titn of the U d o o of railroad# «fit«r i«| i* Omaha and running out there fhs* where they »*et the oth* r it t a i and wkero they t c _ a t>o# at the out tide to H i * n e a f * U * the north and • * « * * City on * t .P * u l cn <outh ayoordlitf to *h«re tfce r *ilr o *4 U «e# run «n eitfce* tide of th« e r o d i n g . B\*t la t*<* * * i n body a ^ i n a* It *p*>rofvoh<** the Xlaafcurl R i m m * • fx&afc faults* I it I* hoa«*t tc »*jr %h%t IB fiftfta*tft$9 Sfc* Or all* «•— i#t ©e fttftxi *£$£*-** ftUD i# %fe« ftftiA bed/ * f tfci* d is t r ic t «r«Heud c f ccttxs* fix #t f in&im * at & & * # • Wrxt #cula fo te tfce U t g « %o*a A * « * « » t & U . That t ^a id fc* & U freeenar.ry temlUme p cint* Hut $fe# mcmm% && got a*&y fxt-is tfcM *»a *&# fa-aing ia & l&xge »*y ft ¥ l**m x ± Hiv*x feimfc* tt« & * i & co^ar ttould t&kft G&ft&ft *.* fetlw#ft» S t .F & u i *na X i»&*ftp *;u * Oe^ift «b 4 Kka»&* C ity * I »#&© ttk&t th# t&#y tt&eh t,h$ H i*#cu xi R i * ^ x , before tfe*y would $&£ *yo*d t * \U#y eculS tftk* C*.ftfc*j &aa in our lex xitcx y C &ie&go woulil pxinaipfciiy b« fcltoi aest fc«£*ad* ay t**a«rftl Wcwt 1 4c not w i l l be of *a o & tfe$fc &n& I **&% tc •* ? tfc&t in a o »i»& in ia tfcie *»j? I t**d & v#xy y*n ft#, to what would be Yftlu^fcle fe»X0 fc«a wfeMj/wouid but I *ee r x i » ^ x i i y you are fir e * •• Cine v=*g,u* i&#?& ««&*; l»t#x««t<*d in tfc* fi£ u x « » the f»ff*«ftt*£t »ftU®£ up tfei« te r r ito r y & »d ay« eetrklR$ to locate ts*» fe**t t**n in the p la t &e © f?*r «d — tfc* one «<Mt a v a ila b le and tfee fe«tt to &*’X T io c . asked the *nc th#y t^- t i * t tod I k&T * *& ld they weula fu rn ieh ycu tfco&e £*rcestft£s* * * «o»n#Q tion with «mar l in e ^u#t * * ytu b&?« * * i e d tfeefc in connect itn eitfe **«# <iry ^cc.a and k*xd»&xe* *U & Frank . A® to %h# lia&nolag of t&A* Urriteirjr, U « r « A* & AlttX# »&tt»r of iat#r*fet ttAt X *eui4 Xifc* to #ontAs». w* *ro getting to jrskjUs « good &«sfel s f isfco&t tfcro\a@fe tfcia oeotAoiw ¥lio$.t A# A oro? tk *t o * 4 i * * r i i y tu rn * icto m m t f sfcuioUy. It An «bXAaa & fe&«*k#r* erep in this s&otA&o. But * * * r « feoyoaa tfe»t# b*oima« ne jssr oma ao « lar$* grain &u«ln« 4« Ai» tfeio territory «jmi fray mi4 * * U ffeere A* no pre/At %% th& tS*♦«« 3ft » profit. But wfc«& he mcnoy At A# vheft ho • * * fim m ® fe ie »«lf my to o&rry it &i*4 «?rn tto* ©i*rrylftg oh*rgo *aa m&tkot At mhmlto*** i« « d***nd for At. fk&ttfcfco* fton«y aJUd fund** oro*, &«*! tfcA* torrAtor; 0 « m is our $r«*t«*t reffffttnU th# toofrrt of tb« #om Oeit »o »t o f tfee MioalftsA?;A River or mrth v? « a It is i&rf«Xy *te*«A en^/weAl* Com 1* not & banker1* crop. w ill f Axed f«r»«^ oorry At through tfce *e&»o*i a»4 l&rgeiy At gee* Auto lAve etook ohiofc An theAr tstfrm sail on tfe* fe*i*k* for fuiM* for tfc# furofe*** of the *toofc ».na ofc*«# of the f#«A to go Ante t&# ©took. fcr tfe» j«r- there** «he&t# Af * 0**3 «*rly, ao«etU *« tho return* oo»« to the fe*«k*r An tile early of th* «e&son, fcut tfc« ooxn go** * * r * laurgely Acto the *o*t *w»*«r,er eprin# * t i*&&t «hoa the U f * *took 0 4 y for ft»rk«t. At * * It tfck«« voet fun-2* to do A* »Ath# *o 314* INteJlfc &» v© &r*j && 4. x#** fell t&fOSIglj th *r* i« «* taorvsou* *to*&g# «f ***& im soritois §&& &** »t t*rsiftl*j «.c4 it t*fc«« to fia&ns* && !&»*&*« a»««&t of & *ud«o^*!\xi gr^in bu#i&**# to4*y> let %l<m« iit 'v atoo*. m i It 1^ toalijr #t^s#.nssf# t&*« it *t tfc* fei&fc **&*o & «L,»a tfc* f*Tmtx» *r* netting H fe»* » il #&<? cur, go| &®d to&ty Q*fcfe* to **i«t£ our e«ai* on & • * , *&»t i * # tfc* oil 1* of U e giftU £*opi*. Tfe&t i* w&ar I **14 ia tfc« at*rt tfc-t *e *r« vitally i»t*ar#***4 in #*«iftg tfeftt aotfeiag ooour* to I•«$*«& tb#*« *«* tfcat *v**y feel^ i* fiimn tfeoa * And %iv\t it th« r*fc*#» I sub &**# to »>e# if I a&n fe*i£ you is Of<i«t *tt»* that ft« roduotioi* t*l*ft plHOe* I XkXnk %h&t i*> * l i 1 H-*v* to #ay* The 8 *or*tary of Th* Tf «Mwryt Ar$ you * * t i* f l * & that t?,ii aiatriot, %* eatii**4 h*r*# 4* tfc* logitl«ftt* «?&«** of C s ^ M 1* QCtt»*roi&l iefiy*RO#« Ifr. ro*l*rt I do, y * * #* i f , a* I **itf# t&o «&Ja to4y &J*4 c u t t in g portion* too# with tfe*** other p U * * * # fto«eH4a| to th* **41»t*a«* T&c 8**Y«t**y of TB« T r***u * 7 * T s B*sr«*»ry of Agrl«ttit«Jf*s u« th&t i t » l « M » M Tm &k you, Ur. Fowlar. Tou1*** gci«$ te t*rat*b Freisk * ifr. Foei rz iHe Storet&rjr cf tar*j ?&«t &e&orit£&Mi will be reoelve£ it *r. * * M b i t . (Trs« e.ftK r%r.v*uft of *%fct«nemt t» &« furnl*&«<i &.* .'u*geets4 b? Hr. Fo**r 1 * to be n&rked Zthlbii 3 3 , Introauoea «?*£u&ry £4tb,ltfl4. ) m T n r m Mr. fU«beJ$ers of r . r . m t n a x f t * I &* ? realdent of the First Ifat tonal &*ak cf Voxth Fi*tt«* Tr*e ^eorat^ry of The fre*«iur?i Mr* Seebtr-ferj tfcers 1» Hortfc FIstfc#? Tkree feuadrea &iU*& *a*t of Cta&iut on ta* tJnloa Pacific* The Secretary of A ^n ev ltu re ; Mr* Ffc&t I r x«ff*rd tc the ytu aealr# to p ra*«*t? H *lf of Vebr&afc*, if* c r 4tr tc eapjMUtn or to introduce the testimony in regar* to t l « tr*»U of b u d a e » a in th*t ooantry, 1 «ieft to M f tii.it the eoat tm o k ly poyttl&tmi port lor* of tfc* eastern n aif of 8 ebr**k* 1 * aloft# t^e tfnlon F *e ific »*ui PX&tt#- 8 lv * r . In *plt< of the feet tfeet ee *r* nearer tc Bs«y$r than * t &r» tc Qmzh*. fc? «ft«e * U e e » **»& that * « grt & Itrgft* p«rctnta€3 or our d&l ly bftlanftee — better rete *« our aaily )»tliii«« — vc fin* it nee&ftd&ry to fceep 00 pet ##»t of $ur fe&i&*0ee in !0&a.h&; *r*a our oi*ajfrs£«$ &c& our ex$£&j$ge «e h&*« but four or five p^i «e«t &f & H m x «%e&&ft$e f*i*£ ta Eeaeer* Furth?; r in the t k * » t h * t , « h il e * * & r * perfe&js* %h* t fe&&fc/w*«tent h%\f of S « b r & »k n f »e a<? net fifcd it a#****«ury to ©i? ««e9u&t in K a«u*« City or in Lifccslu* i The Secretary ef Agricultures it Tear first ehcio*/for * district eitfc Cftaft* as the lee*tics of the reeerlr* bank? V i . 8«*b erg *r: Yeef*ir« The M f « t t r | of Agriculture; ffe&t veuia be year *ece»4 ofccicat H r . Seefc«r#<?r: C h ic ***. The Secretary cf AftiCttltsire* 0M 6 *$c t Hr. Seefccrgex* The Seeret&ry of Agricoituret 1 « teeerde The tr^sd of your fcuelve** the efc«t? » r . Sesfcexgert Y * * #* i r . Tfce Secretary of Agriculture* A*4 the W a l in g foil*** th t? Mr. l<t*N9|*f) Tm #«*»• Th« lis r it tir ©f Agriculture: I* tft*»% *feeut eti*t fouat&nt<*4 £.14* & t* ¥* Secberger , to fT twentl Hr. 8ecfeerger* T **#$ir. Ttie Secretary cf Agricyituret The Secretary cf Ti>e Treasury* Tfcamkyfcu. Wh»t aid you cay your b*nk %»*f J*r. te^fcargen Tns Fir*t Ifctica&X Bank of Berth Platte. m f s n B f of j . i . m r r o * . Hr. WelptCR: Hy a»ae l* J . * • telfcton of OgaJU^la. The Secretary of The friftftoryt You n v& hear 4 tni* di«ou«»icaT Hr. Weipto'n: Y3*»«ir. The Secretary cf Tse Treaceryt Ana kfK« $fc*t our profele* ifet Mr. *elptonj I Yee#* l r . The Secretary cf The Tr©**uryt W ill yeu t e l l us * te-*t i« in four a i& it Mr* *el*>tcaj I aa located about 350 isll** * w l of her a the Union P a c ific L in e . The Secretary c f The Tra&eurjr* Ur* tclptcai J a la the Y^u * re n **r fo r th F l& tte ? About 50 aXle*.*est of Werth Platte. C clcrauc lin e — our county &oe*i *e »a4 the a a lu r a l 2 B « tr«n6 c f fru*iao&« &na « f jptotfttftto fro# cu* Xoo&llty 80 or 95 £8* 9«at of i t — fXo**# into Omhh&* 4 * i l y fe*X»ao* ««tU «l]r *>ith &*»&*• *fc.y k**p m x *# &?« wpp$*$& to ko«p * «**XX fe&lv»o* in &*im-r H i m w t of tfet osokaaft* I tain * it i* on saoou&t of ife* r«aia$; . .. of th « i* eX*«.rt&g &ou*ot -i>J t& *t 1a ifc# o&Xy r^a-toa *fey thuj*o At * i i witte §«ftver fcoo$ a& &oaoa**t os £ e«ou;m of th is •**& *& $•» Tii* S # « f * t * r y o f A&ri«ttltur*s F*&«ti«*kiiy &XX of yotsi? t u * i a « « « i« wit*> 0**Jiat K r. ^ o lft o a : Y «t |«ir » Tfc« Sooretfery of l |fl 0Hlt«i«l Do you ko^p &ay teXaitt* ir. iiiaoeia? Ujr» Soiptoat LiaooXa) ?•*# I Tij« X taiak *« fc&*e «. l i t t i t kaXftfco* la *» Jury#* o f *&# T r***u ry: you fcafj ???«* *•;***¥$ **l» X y in OR^.ii&l * r . *#Xj>t*at Tt*%%f *uok- Tfce *<t«rot*ry of Tfc« t f f M a i f * *t»t U |fr. WoXptoat Tb# ?#o&&ng«* Iwik o» This M n U i y of Th# Tro^wwyj Hr. | U I « ^ to » : 0gs>XX%X&* Hot a *o t * Kstioa^X l&n k ♦ you* fennk ? fatioaoX l*ak? 1 tm** two «%a«? SUi Tfee cf Th« Tr#*«uxy? yr» *«l$tOftt l^t,oco*oo. Tfc*S*«r#t*ry of AgrlouitBrtt *&&t yo«r c«?UsXT Vfe*t »vui4 fe# ss-ocua «hv io«* Hr, VdjtCAt Mr* «*ip to »: t e ll, &*▼**£ 6i»»» tfcmt «ott«# «c taught ~ the ftftlarU eour#* of ouaiis«i&s t e « i y*rfe*p* t#fc* Ohl«ft|0 « Ti**t it with tfe« to portico of tfe« r*e*tfir«# or» &oacu&t of tfc* tai*i*«tt jreX&tiGK*. Our it«&« ar« pretty fcuot &«kx e««t«$rr U « t « — th. t ia e.*«t of u » • The S * o r « t ’:*y o f I f t l n X t w t i Tbsrfcjrcu *f>r? eu eh . m nm nr <r.’ . a. x«up» Hr* EtXlys My »**# it J . B* lolly* I M pr«*i£t&t of the Citi»«s» lfetUa*l ift*t of dotfeotifeufg* Tfea £o#r*t*jry « f A f l U t i U m t K : . Kollyi Ton uro a*ar Itrth Platt«T T###» i f • Tfcs P« 9 r«t&ir of A | f t iu n « f « { Wfe&t did you attire to |f»iflilt Mr* S o il/I X tJ»yXy * t*ft to tttto tfcot eux k u l i t u ex »orc tlu* SC p*f sent I «a»t. I a j « * o*at of 1 * to ana ficm tn* kbeut 360 * i l « * f » « Om JM »»* «*«** 3S0 » U t * * aisa J . H« folly. itea £«&vtr* la B^air^r &«4 * * htvv# ?«ry l i t t l # cur prlaolfftl Ou*ln«»« 1ft *ith Cjr.&fc& *n& *nfc ft flight amount *tth Chio±ifC ftBdi It* York for oxok&ttfo purvo**#. is T&o £oorotory cf Agriculture: «b *t/ |rour first sfcsico for tto ioofttion of « fU«#rv« B&nkf Mr* lo lly: OKftkft.w©u*l fc* til# fce*t ootnronloftt pl&oe for u«* Tfeft S««r«ttry of Agrioultur*: Mr• fo lly : A»d yeur ooeosdT to-1* »y »®ooau# if I feft.ro aisy vouil fce Cfelo^fo with ft kronok ftt Cftft^ft • The fftorotftry of A*riooltur#; Thank you v«ry waofe. Ta* ffOJffttftT) of Tfco Tr*ftft*ry: I r . Iftllyt CitUoB* fttieftal B^iik. Tfcs, tftor#t»ry of Tko Troaoury: Hr. felly f kcie ftt tfco or 1* yeur &*ak? Wfettt 1» >cor e»j;itai? | » 0 #000.ec> iurplufe 1 1 0 ,0 0 0 * 0 0 . I && act cf ft*y olt*jrl»£ feou«o or grour of fc*«ksro *l*r ir * 9 M 4Mf. tc|»%lr.*»*8tlcn Tciunteriiy. / n»3 6 MIUHSM Ib . or u m. u u m s . SoexsiAr? oX Afcrioul tarsi g u t s j>eur ^ t w m i. attb *ii-t iH&k jfwu t»X» Jir. u ftiawc t iu rx^hl n r a xn $fesUt oX Qr^i^a tfe* ««A t «r gX tfe* faii«6 Xrv k q m u « Ji*u £ « & r * w y A ^n ciix tu x #; 1a U u * wiahtm Seui^ * * * fc*Xi u * *oux mmMmtl *r* I*j.«u4 *; r i f i l * • «*« in u*v **ni»~X*#4A»# *.*u & * v * U « a ju u a t L'*»t »v **r y X *»i i & *&« Ur4 4ueiift$ *9 o u l ivA. tufw t#X *w&ur X* X«u t© Ifco o t t U « * tbvrsi $ t a w » » *.*& • m&** % h l* $v i$ Abu M A T iy ftii oi OttJT \ tk* i r # w u our I cur x*v^# j cwm U «r< £(w u %&• St* jwrf wutfcfft* lUr*ba l#«UAtl), ?&*** A X#*r $x 1 » fit l«f i&* surfc i« * i i X#* te >*cr*tary «X A ^rlcuituiat Mir* 01^^ is i« tfc* 9 & *t e ftftrAet* 10 j-<r*XsJtefiC* i » *iKi **«ui i * your *u g g **t i# a f %h*% %hia ^ Aoowuoi uX avr fin*ae (e # Xufei® lfi ba» ioefcWa 4 » c *£ t*iu ttX l&% y»tf« Xfe< 8 ^ x « u i / a A * * i< m U u * * l Acu #a*t *euic * • jr$ur * * * * £ 4 ( M m ! ifcr, ltikASk*S*S lu # ^ i » u r / CllA«J*4$t sMl *CuuUu* fcX uUT ItftfctflAftftft* A ^r ic iu tu r is AM «fc*t i*arw*fct&** U ilM & £ U £041 it . IiO m im * ***«***♦ 0®fc-jU**t »ouiii yev t oircf CO irtsr * » « , U & i i>t *rf t-w »»*»,is6 o v a ii«M » %h&t4 &$*& %k* r$&% %w it Thw fi#dr$tfciy ill tii<» Trts*a«r>’: * x » T «1k ^«i2 To ChlGhgti a&i & * * £«€r«;t4iy aJ Asrieuiiursi *OUX*i J&L ^ Jf, &e» *a$U4 it alvidsa, t&fts* t*$ ©Xli*i$? &tou* %h<» **&* mmmt A*r. Iclk*..^; l * i l # in mkzh i-iee*. tu~ . wvis ;ur> ai U*« Ixn^dury; Th&&fc /o u f kr* T r j V •»!’' ,fej» ikt.iftfaflH-r’iitv« Mr. b\*rnhi~&: \ Mr r-wt* ie C. £« gtriJkan* <*i iterf&JU, &«&r&*&A« Tk* v«ar « W r / U A&xieuIUora* fcr* v* « z ^ ; i# in jcur *iwu u * i x i yeti U1X wiU* IfeX^ pr&fei**! lit. *u*£Ji*ftS f*il# Mr* &9cratury, «fet*t i# ii* *y W w 1# ti*6 «o«*Uwfi of tfc* r^iwCfal b*fr* ifc ttow pX&c* %L*i * i U djnf# to f n f i t h * X## fe fiuc’Oii»jS| £3©*-ifi& if* iKX;4i thwi * i* r * * torritsr/ *t^j,Xi«tt ai%h *cuj .u t* a*iriMAt«JL tc i&* i&teroe&£ *x ou o w *** oi Ut oeimtry *>* !* * £ « « X&yfc G**r#h«issia* o^iUtX BiXX *Md Urn 1 r**x*&w»»V tb* to«au* i& i*t M» l h * nMrilm atWrii / of £*orott*.i —_ !***• «*«/> *i»ty cf A^ri^Ui tUT--} Ajfii )?0V &t|$fegur&£#3 Vo 4p*Ak io r ttk*m\ **• Bo ralu*.t*f for *-Gk* Oi Ui<*** I the oncirottry of tfcc Troaaurj: kr. Boxx*L*** i;utr^4^; t&o*«» o«u&®t Ju *t &&«» tfc** now ft* ffeOriOl*- fiatiwua « * £ * , lh* al B*m » t IL * Citi««A» CU u fit*** y«ju 1 will gift tfco»« boon*, & r * S s o r ^ r y , of tfc# Trt&ouryi •r . coar**ot«fci *itia* tiia o & fiction- 6 t*t« Bv.i'k ox ifcttia Crc®*, tiu fto^kis* £k4il ut £o»fcl&» oviy io U ;* i&s&iie te locality oi Sivr- XoU. I few &#er*t*rjf uf k^tieul w t»t ff&at city uo you *u#ir« tv w4 OC&neOtfe* Mr* 2>\>jrtiii**l Qm+h*. ?fce b#or«U rjf of Agriculture; AM #&** fc* your »«wCAa «fcui««t fcx. B u r i a l U U &* ii Cfei«*tc# ^ **.*!£& C&i0*40 1 4 « 001 oooiu 00 to tb« i n i * r # * t s of fcttbrttakfe to 0* cerm et- *Xtfk 4k *>*»* liMlXO Uiut arOUid li*0tf***Ti IJ koTifif tt x*«afc « • * •» * .# * * . 6Wi ana 00 •© in tb» territory * * f w OJf m t nm n 4 2* £* oi Agriculture Yu« «*« ir, l«b r ^M 4? *»x. Burftttk&i y«i&# iiir. T*** k**»«t&ry cl Agricultural fb&t wcuia y#u tui&k &t 01,* Fi.uj. &aa *-• liw traaa cX fcvr feu&i£*9» 4e#« &*% $» wa&fc * « * # M r*fiw ia U iy . fa * kr^fei i « *vr«s *& « & ? & « Qsiii* &su fci*# Bioi* Itw «-»vr; t~r> gJt Agricultures X® ta*t uru« vl ti*« afcwi* oi ficrUtfia iivtora&*ftt wr* £tur«Uu.Jtf ¥#9, «ir* Thu w^gru u x y U Agriculture SUUKEH The *>a«r«tury kr# fwuafcl ^ Of f^jj^_ j&Q&IL. Agriculture: Glv« your ikum* «Bi rc*iacft€#» 3*<*&«*r# M#fcr&#iuu «*cr*t*r? U Mr«vat4ts & * & * . you, Mr* Bvntfc**. Atriaultur** ifcer* i* % *&c«rT U* i * tit* Jwrife *»r&»r uf U>* a U l # fe*r$ ^cvui © / 4C « i i « * ( n * Klofcwur*., «|> is U « b m U »m u w [ o«ra«v eX tfe* s U W . fb« S«*r*t**y A*rieuivwr<»» ffatt «re y««ur i* nsr a § I* M» tfe l* Mr, v e e a » T &0U2& AfcT« %WiAft«»{ 9» #«.fV ysi vo Oi«*-*.*i, 4>r Uuret*£k 0 £*«*&* to & # i to Ti*# u*<jr«*t«ufy oi A&ricuitirfca l}$ &$&&&% $Uh*x jt& i& t* tiuU &%k*t pmlalt * * • Serial *<41, CL>«*£* »ot4.a fee t M * » v f o io c & W a * 3 0 i u ( ( i **n r iji£ • u r r i t o r / tm*9ib l* £ o U *« n urU Lw vut »£ QmU** &&1 *% *x* ik ^ r * X r o a owf &*&&# X o r * m % h m r &»&&**& Vo XdC f c u «4 &<>rtfc**st Ir c iA k * # t& « r a iir s a a # * t * iia 8 o u t • t i « * XJTcft tfcfet t # m t c * j r $& c tt.il m& 9 & l i l* t it* tit ^ 4 i . c K W f j <*£ kgtieuiiur«$ *x« 8v w < : T&* & * « x s W r / « / A & x iv u l% \& < u *& ^-uU» I Hv-* JUr ix&*» X jO t a i i C Xiii £ * « r * t * o A^ricuiUiir^t tfj* I # l i «X C & * * * * £ ? * * » <4 A § f i « « 3U i» f * i tfc*Xi i l l # V l i v #fcJ«fe * * * to *• & d i i t i r i d l H ft »ooaei .,*V'u* ietw #1 *# x ***** ***** U «i k r* *& It <ka*k#*;uiiit 4 »t Vov jp*fcolt«*JU y * * ? r *» « » 4 U a t m # l # Siu^li* » 1 W* C**k* * * t&* e ^ t « r t i» i& * G<u.y * & * , * r . t # a * « * a * y # i b a t * # nm A te I in, U rr iU X jf **!• Missouri m v «r *jtt#&aa &ii **** A * * fc«*A * bAfffitft * W A ii t&nt ttffeS# £ &!»£ U * «*&** )bU«t «£**« sij*** t k« r i ? « r . tfc* ^mriXbiy as AgtlvullkXiit *iwi*fcfc* k y^ur « * c u a hi> t&ifci; i t wflKitf 4v tc $» tfcteugA St. pu*if fcX. SvWCl W« «*tU>& fit#t | «t V&cft* vlifcetit tkstkugk Qtu.it,* v i r t u a l * . Tfi# l4urwUjry of A^rlcmitur*: Ar^ ycur t««9L4 elu>i«* t j yt»U l&uiottWA* *nvi* i»« « ^oi&t tf?«9vt4»l a ftiiitt toeffefltt <•* s>* C&i«fcg&» ***** «ijr. t t lf lt f m Mr, V ^ i ; t % 01 f f i t , .1f,fljU££^ £«&* l# f*** <?i £ari&*#*f *s,gr*%*ry s?i tik* ¥r#&»urys Wlurfu i<» 3«rifeiMwrt *r* V«l*ft &**€» #«wu;tjr. Xi** S v w iv U o » * tiui Y m i»t | l AT. »c l*jj * 68 » i i * 4 X»b® t * « 8» «r*t*x* « f Ji*xiovi t w a i iix, fi,i««> Ha# £** ir^fe 0«*£&t 9 t*t **« j . m n«s<*, &r. t & j, «ur bU »lM »* i» ).li tifciiai«i »i o « ^ ^ . Xfi* S m ( * u i y U A$rl«»a*v»*» A I j. «i U t urn a #r* i4r* 1‘* * «v«r«v*i* ui taa fraaauryi **. ?© l^i w&st u *o*r t**fct Tfca ;*r i*a a f State &aaju i'a« wowi#%«4ry wX u « fra* awry t Mh&i ia your Q^it&xH Mr* f o l i * : S40#000*00. Ia« *;#ar*t*ry t,x U u Traaawurys *&& y*a iL&or&e afe&t &&a JV»i t««* OtlUT ar# f o l ^ t ; AbaelutaXy* ?*♦» i*a r » t n r / aX t**a tm iitfjfi Si* pmuX ^our & * a i » a 8 ** a^t a*tb uad Mlaaoapellat kr. faipp* Be* fa* **grwt*jry ©X U i Tr***ury$ Qt to a vary aligfet ax taut • i l k <*ny at&«r $alatf *r* He, aaly CM a&av, & aawui &ea»uafc ia Cfeiaa^a *ad * v *r* #**ii aaaaaat ta fcaa twit* **ar aa&t aX tur aaai^asu la aita fraaftfc* Taa t*aar*t*xy o* tfea T m i u x ;s Ta*t ia t m a ai your a*» a«4 aaaiaaaa i ^ v w i t Mr* 7 « ^ l Taa# i W . I*® u«6f « u r y aX tfc* Tr**aar> i Tfcaa* yaa vary fcaaa. C&iaa&e aauia a# jraar «aa*a afevleat Mr* f o i w i !•« ! 3M0 * fc flffATXMtlit Of OEOBOE X. «rrany», #84 luf. f c « j j r It^ a*ftr*tftxy •£ Ur9 uit u 3. Tx*&s&f%t Twu itijiii, Xtf»& Exgls? ¥*», *ir« -®cr*Urj *X ihit «*• u / W w r : H*« X*r is *fc&t £*** QeA&Ml ii*g &!!«*« i *« %fe* oi t&* SXgl& & W l « ite&jL ©X L i&ia , »&• Aliftd ft&&& cX M4t*l#y t &m> Vie*®** i£*91u*i*i vX t£u» of Cl9&r#di^jr *&X t&« Ofci&ftl£ & 6.JUL0 ILw SftolatftXJf oX U « T*ft*suryt **% S#yttcteri £i&l£ in *&aXset eou*t>» i« is/ «£,€«* ' _ I *ot*l4 k v « le •*? it t&fti Xex • oi & cs&iuff 1 fc*¥* UfiKi in iiort&**a l4l*;r*ak©. - a&x%b***t, £#!»**«*&• 1 hifv bftxuiw* ft** lift ftAsi & 0* * ft£$ ftM iiv* aW<s« <,*i+£u±iy *u* &i*isk$ %&*% %Xm #* Ala a© Oiuk^t t « i a u r ; U 4 a«# **>**£ U *ow our «ut*ia« oX oWi**. 1 ft^a*t U i U tfa*t ft 1 *Jm* o! l*o^8 &*«■ fe*«* eblp$mi Wo ftlay oUwr » n # l lUr. Sotatfc Om^&m i'*e» »ux tvxriXvt? Xor ta& y^*jfc 80 ti««u fc* ^iUi. a w ofttU« W yaftrd h $ i ftftfr**iftiljr m ~ -jr • v " " _ ., ■ , , .,„„ ti** ikftaty V k X liiiu i l^u% tlk«> ttftjrkfttft ce t&* IHft^^uxi «•« eaiftily 0****# tiui fcoa* of &*** «>#*# « * «*a& t)«tur tJa&a our curttl* g© &fcytt£ur*« «!»*» ft&i tt*v p«r- 1, 411 • IQ G « ,r 4 « k. • • f t U i* a i o w * ia o a * w& Itycwwx. t & t u m t L b w a iA a a * i a vb Um <i«#U »al l u r l « U ul U t i Ofc>fc»f « « j « « U i 4 / o ax lo o a a iila *, f4 Ui ««*t i t ^ o u •£ *< « I I I* ^ru iiM O i/ 60 . ftll U*« b a * l * » * « — Ta« l « « i i U i | wjta ik r v a -r r . u u« U »t l* tr» 4 Mj|ii i« u « i v a « c* alltfca N U i? ail Um Aar* • U u in u f/ ■— vru« o f * 1 1 ift « A i a h iii« fe*uDUu» ax*» trua oX Mgr o m u « , *&a 1 »M ud u x iijr u i o J m |c *# A o fa u a * «« feav* ao M L i a m i « y% l a it * o o r lt la i i i i A i «1U to u *a a * Cfcloa*o« 1 •*!<* aay ci our r t l a l l »«r« 4 *aV #1 U aU uaa* 76 far o*ftt a l t * g — ki aaa m ;t » « i t H 1 a«a\ * ilk *ar • « « ! vltfc VI* Jo# * w U « k «Q f«U X | H « 1a « m §1 Iu m i u*« fraaaaryt • * !!!• City* t a l i , your & a t U & * i . t * « ft »«f«U r} oX IAa t m m f j r i t* a http://fraser.stlouisfed.org/ Mr« O u r & a y i Federal Reserve Bank of St. Louis (a a l«f a*A ana o t a a r * lo o t to o * * * * ? M r«I t /f e i U l Aliaoiowol#* la fcaffa M «r« itffeiiiit Chicago *jsa iw ft* « u « r m m * o f t ia o lf e t r o u t i » t . Ba otfcar ^ < T I W o a A w r .) fr« a a « u r jrt t U ik m iU M X t 01 1* R» yen va ry tlifUiaY 1 am flo«-f>r aaUkaJut ol Ifca l l n l y jU o aal 21§a !• lo t of I* Qwr&fcjr* rr«a o «t9 !fc« ft/ %fc» T T m i u I ) I Mr* tort>«ys T «», ie e rn U n »U i fb *% U *lift« utttj O M h hT of ( N ^ M i tu feu l M d f t i >*•*% &w» U*« 0 * 11 * 7 ? lw«ft M i a i kf» 1 4 « t i r « l M n w r / i **4 u « i « l » v » r i i U U t i r . Qwr&*>s Xfejr%fc*r i4 M « i» 0 ) i o l * • U Mgr* 0i- oa« l i t U « ^ o lu l 1 ■4 ||ll •X X t l ft *fc*4 *atlftft# ftftd t U l Xtmiiug oui */ Q a*** u « It 0ft»V«| Iftfcl Uu» fillrum iB » « r ; •w lim m t in t b « ir o i ^ m u x . b * l « * r * c i f l c mi* tkd l a u T*« u « 4 x M t 19 ln u n «*ui u « &fcjrlii«4fcwa« ty i k * i ! • l A i l U l U M il !« n r lN i i f t r i 4«p#M ftkJii *jm vOBftWai; mm 1% i » 4 ^ v ; u i i l H f t f t ift U « M ft ftil}, U i f t ! ftii * * * l « 1 f i l l I f t f t lU il U f t t l OftUft am fto* tfc* ftiftriUxjf ftf A iiic iilt u r n Hftv« jrsw * a y Hr. O m n i C*i*ft#e • M h Tftftf « l f | 1 U i M ftX i^ritfiaturMit l i t U ftt mm Mr. BThk.i h wmM d M iM t l»« w*f m m « S i# Mt g w * ft# Hr. M f t f M U 1# M i l #ft Mr. |r O A B • i l l Xftliftft* t o , lU X M ll t e « i»*ft o U *«a * « | «Mt 1 * • « to . I r t t a a u r * . fk« « • « * • * * * * a Atrioml%ur»s y » ( y#u o f *ttoi h h i I M Cl ia Mr# f«wi>l* o lo *#* x U u i* gy* /i*u Xer of sur ok £ * U $ a e # » iU i «fcieii yen &&?« -0 «UI flUt#AdIitl &£& t 2mS 83Urt#&i*4 3& 0*** Tfc* 8 * « r * t* ty 6/ Agrluulttt*«; j X* tfc«rs ^ny ottur £**rU «&&3 I tb*t d*&i roa to t>a fec&rdt t&* l^eTwt.,ry ui |l4« r * 2&*ur>i *Ji*4 &J*y li^AI a | X« Um?» feay «&« #&« c&a wLa iivbiamt m v n s t r of ju , sm m u l tty HiUb* Xfi * . 8» PwXiUHJ. X *fc /XOfS t i l l # , KeJMNt**** Cu«t#r ocu&ty* Xac $ # *r»t*ry ©/ tfc# t r * A ^ r i K ft^U M t c f A^ricwinur*! yacup&tl^t W ill you * lv * t * yovtr ^1«»«Y x « i# * , Hr. S « « f a u i n «a»y t&«x* ttfcouia fc* * 1 # « } * ! » * *X Afid y w l«nur, Xk% *r*ft«U ft*i ** ia« osfc Wn* lft l«fcr*«km* f r y * tfcs a tm xtst. *o I «Ua tot « i | * « t %o oo*« t>*Xor* uoi« C w « lt t * o ox X *l>ula t*v * &*£ «y « jw^t X i$yjr«-ci s>ut I ©*-* & t? » you tfcft X & * .« * •» 1 * rcuiw *au*b*r* ana o&b *u b *it jk*« ***u;t IX ***# * i i l » » Wi IX Tk+ S f t f . w i y i «X tfc# Tf«a»uryi luw cay *l»* Xl£iir*# a 13 *• S. ksuiui©* (T&<« »iuw«Mki.t ttt ^ *ufe«itwa fcy Kr.E«la*© * iii Jterioa **fci*4t M # «Xta«** 2*X&&s, o/f*r*4 ia #via«cc« J ant* 27 24th # 1214*) w * Doltcoi Jfiitot 1 X si**i> gitr* y^u &a vu%llm nosr of t«wa t« m / oif 0*&*lf th* X&m xft* tviiirax sv »i«« «c»tni u j^retcUftAiAjf h*ai i-r tfc« Vbi\*i &t*to*j l * * U + » x<nUfcs of 4UC K i i i i , /or t i t / wX t&« *£rieu±tur&i ui $fcXo*&o* udi tfc«& Vhe «- *i*ro **orfc*Ju&* vitfcor lie*>oik or & & & * > o r *u iu * el 40C ^U «U U ur4 of tiwt ifc* eit$ tfc# lortfc *©uJU c^var f>*<J«tt©aJUy tlu&t &r«ut m iU i m u^ft ft&u ir. tt*a iat#r$«t# of tfc-, f&r&ora tiuy or* wAt i U « a tv out* tfe« »o#t oea~ 4^ r a to-ix atv»uv> *>*a bo r«t*io*g« ?«al*at mitt ffco f arfeur* of t a i* » U l t #»orw ooa »or« or# aa.vit*£ o aur^lu# it»<*o# fc&d a*r«tofor# Ixi ay U k » o* o citi#of* ioOoraor 1 L*v* ftuau »hoa JU iim oivtroo* earn* this sujh»x i* **»* iA fcfc# o iti**. »o teui* lifc# to hov# & rogioaiU. &&*& la is JU&raaJu. «fc#r# thi» aoo#y a*y u* rewieoo* ffc$ i'^ut A&ot the «9 hfcv« tidfit g i M l MW&tfc ia Uius# t i t aootioa* *ad /loo*~ t&«.t I X May* &iv*a yvv «ouju »«r*# u u « * r * * i **«*. I / la ta« i f t i i i o l of u « lAX*»ri of tfc# froru* taatfol e ^ U a . 3**1 • MWPIP A 14 s* 6* £*!£*&» | / TA* 6*or*t«jry oX A ^ r i o u U w m ti.«t ii tii**# r*«*jnr*a tA*t ^ ox tA* i>«oti o a #» *9 « ttM teU c*, A«r**tg|$?« i« A&v* $ $ * * tfe*y »oui 6 x^ti4fi*a i& tfe# « i# t tfc* serA *l & «o*«alty / Xox im u *lt i*l £«v *!*£*§& t r«tA*r thixu ovte*tiiin^ ft$>*cuiutiv» $,**&*£*? Ar*£ai*fcvt *x » a u U « N i r « |i« a Y*«* tk&t 1 * U * 14**. to A*Y« th« tkt«$ tA*st * * pSVriMm in %hi& r « u iM 4 ta r* . TA* S f W v U l ) M *,D*i&Aoi * f A*Xl«UifeUr*t * n t &4f 41 $UX%rit*W*p Y « if » 4 i . t&« £aor*tkry oX X+rluui tu/«i *W l$ | I&* Ufct ta&um&t *<m & tO tAift g * « * t N « U v f i iA A*x«1 Ar« ^ U & u i l « i # air. S # « r # U i y oX ^V>lit U u aiw it Ai^fet u* 60&«*rf»£ *s*c IX tft« iOOfctiOft * * * * &|,4i j>l*«* 0 1 *&*%&*£> ^roviu»u it a *ti«X i*u youf | » b « m i«U * a * to tA* you aAy | « r U 0 uI*r pf*X*x«Ao# Xoi tA* iwJfeUe* oX *VwA A b+Hkl ■ «ll» *k « e 1 U « t r * * » uf U » th* g rc it iA »y ftOAtiOB oX tA* ftt*ta, it U •e a « i n t . ! » * • ito s. « M * * Xfc* & * 1 C»*A & # ftAct t A # r * 1 * tA « p o ifci *fe«r* ouar r* « 4 t t * & c ^ 1 u t « <M«a ttu Omah& * e r U t **« * i » * * *>«*<» *• o g r a X i* ia '* to a i m i t b i M w o * CO* Uv» «to>*fc * * * * * * o / t*o t $ i k , iu ao*«* x*»ta**«8 i t i a Us? »*eo&l« Csw.** ii*»* i« | * o slatil*% o f &»&?£? *<?• 1 %<& m x 11 not i i i * £U«*lftfc to til# &«Ot*l& fjL*0 « t X ** 3*or<* ta jf oX igriou*tur*«t fcoro g# &fta «ju«r* do you loo* ffcoro 4o you fcjac your **i&&~ Xox t*« %x*m & oUojs oX feUoi*e«*t Mr# E*A*#tei G *«**<», tv t U Our * r a * aaU our iiv« atooi aXi 40 i# G»* <u« Murioi* Ti*% &»or*W ry oX t*« fra*auryi I tferou£*out l u t You ifcij*& your **i£fe*cra **ollu* uX tfe* #VuU l U ftift tft* ®*.fco . »toy »l»«rUl lit Xt.V+l&sxci »*y # 1 * * 0 * t*#lr U4fie4- * H go** t&oro* 'V. Vu 6 m « k n vX ill* Tr»*»uryj Ajw* you tfelal * o*&* ut t * u f $ o i& t aoulu 0d<? t couaorvo tk* i&tor^at oX i k * t stct i u * ul tx*« d U U t Mr«**l«u*#l Y#*« Yfc« *>#or*V*ry ©X t*o Tr**euryi Afti oX U H district? Y«»# »i»* Ta v & o o r *t *r y oX A&jriouiturai S*or*t*ry oX th« Tr«*aury; j IN U * « l t I tfciBfc i# *<U* Is t**r*Aay og* «ia# to i '#1 to a ay wit Oofe&li' of 1 *tiu lii /iiOtf »fc*w i»aGj>tr*i ky * K r ii« I ^ v o r i^Xoruitoti^fc **xt act I n d i H U v i *k*w v *f» o£ &ny ~ny a l a i n o t * in ♦ u**»t &&» iifi# «£ %o$$tio&iim t»&« & * * * £ % # « i b o u t h i 9c & f & * t *• t r « W t<iv a o « t h *u ra i r e * b* * * « U U A iii *iJL s ^ y tar<*M o f **# & # t *.r©ai*~ «jiy .av e r i t y * & * o i 9 ya» *0 * #fcti« U U # A&a I * * * * * to *«y lb# » & U ? e f&* i* « t # & * v * » » £ ~ jP *• « « iiAYO b««ft &Oi* U & u * i 4hs 0 * * i l tfc** « of **r $$oaai>* its 441 Usus ii& fc t «&u *fc&t**r» ittu u u t jU *&a cojk&bfclty ©a o* tv* c « ^ £ * t *lil ** to £ •£ #•$* oouavry & * * *o *fe & o& tfefcV &o o««t< b o * & orvu^ii t & u i !& #*« f O* *&# i-S vb ii& k « U k * # * ft&oitj 4*fei ttfttU t&fct tife* fcraraf*# « * o^ci tf+i-4 -v ,a«e«aio&j Jaw *& 4a » « ao &uJu* & u*«i*ioia i t •H i O-* W k l h VO t & * Ta» ftattlAft * i u <V&Oi« £JT3 0 l 4ft* »«« fc« *uiJourf»tf4* A A t «»I 3 C 0 9( & ^ ol J ^ u & r y » 1 ^ 1 4 # tiU & • & * ! * % letter *#* o lo m tf* F . Mt# ©fi t&« M tfc &*y 1* tta« * & o t #