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g A Candid Statement. 2
The high rates for money are grad
ually forcing the exchange market
down to a point where some fine morn
ing eight million - pounds, instead of
eight million dollars, will he engagea
for import Meanwhile Secretary Shaw
has the chance of making a name for
himself hy simply,, doing what any
conservative, self-reliant bualncoa man1
ought to ilor-lencL money? on any goodi
collateral goffered. " ' fevery serious b u s
iness man. is watching Mr. Shaw's ac
tion with unusual interest, and it re
mains to bo seen whether he will u't
the opportunity. The republican par
ty is sorely in need of a candidate for
1904, and the man who shows himse,f
great will be put at the head of the
party. The opportunity is now here'
will he use it7 The whole business
community will be made rich or poor,
according to'the way the funds of thf
United States treasury will be han
dled this fall. The money belongs to
the people; they need it, and we think
they will get it. There never was such
a chance offered to any man as tint
now offered secretary Shaw to de
serve a nation's gratitude. Everything
in the country is all right except the
continuous interfprence by lawmakers.
It seems preposterous that men of
education and common sense cannot
see that any interference with business
of any kind, is sure to bring hard pun
ishment to any politician who in
dulges therein. The astrologer who
predicted -that the days between Sep
tember 17 and 25 would bo serious
for our president was wise Indeed, for
reasons maybo ho did not think of.
Every word that Mr. Roosevelt utters
on this trip touching the interests of
the wealth and intelligence of this
country will be sacredly kept and ef
fectively used. And if anybody thinks
that any man will henceforth be elect
ed president of the United States with
out the sanction of the wealth and ir-telligenco--well,
let him go on dream
ing until he wakes up. Even if such
a thing should he possible as the nom
ination in 1904 in the republican con
vention of a man distatoful to the
"wealth and intelligence, we venture
tho assertion that these men would
bolt the convention and use their
money and influence in nominating a
third candidate, and hug prefer the
victory of a democratic 'president foi
i four years, while the rest of the gov
ernment, is still safely republican.
Politicians must and will be made to
understand that wealth and intelli
gence absolutely rule America at any
cost This may seem a cold-biooded
assertion, but it is true, and time wiil
prove it. Herein rests our great
strength and future safety. It is on
this account that all political schemes
and utterances, bad as they may look,
so little can damage the prosperity o
this country.
Harsh measuies as before discussel
will bring the right men to the front,
and civilization in America is mak
ing amazingly qulclc progress. Tly
hue and cry against trusts will be for
gotten as was the reckless oppositior
against labor-saving machinery the
only one thing that enabled labor tr
survive. The difference, however, is
this, that now resistance is shown at
onco by iron hands. The great men of
America are ready for the enemy, and
those fellows who believe that no
Americau railroad should be over 0
miles long so as to benefit more cab
drivers Between each road will still
hold meetings and resolvo a inillior
humbug ordinances between them
selves, when railroad systems five
times as long as today work in abso
lute harmony and for the great good
of the American people. We think
mocks are again being bought by in
siders who think as we do, and who
have the money and power to carry
out what is here expressed. Stand by
these men with your vote and your
money, and it will bring you better rj
suits than fooling away your time lisr
.nning to empty promises. New lorl;
Financial Record.
In 19o4.
tt tt,. T.inm Smith and the
old Cleveland contingent will not
nominate the democratic candidate
next year. That will be done by a
democratic convention. Quite possiblv
consideration may bo given some of
the illustrious mfJL$g
assistant republicans of 9G and 1900
but it is a reasonably safe guess that
the choice of the convnntion will no
S dictated by the traitors and skulk
ers who made Dingleyism and imper
ialism Too Loud.
"Let me alone," he gr mhled."What
on earth did you wake me out of a
Se
"it was such a distressing sound. -
Philadelphia Press.
The Newfoundland Treaty f
The Newfoundland treaty is sup
ported and described by the New
York Tribune in this way:
It is really diflicult to see any ade
quate ground for opposition by Ameri
can fishermen to the Newfoundland
treaty. Analysis of that iiistrumem
leads to the conclusion that it would
benent them more than It would in
jure thorn. It seems quito certain tha
it would greatly benefit them, wh.ll.
it is doubtful if it would injure them
at all, and practically certain that iC
it did injure them it would be to only
a slight extent. The injury, if an'.",
would bo in the opening of our mar-,
Uets to the competition of Newfound
land fishermen. Now, there are three
Kinds of fish to be considered. One b
dry fish. That is, salted and dried
cod. As our fishermen do not produce
that commodity its free admission
would not impair any industry ol
theirs unless people here should take
to using more salt cod and less fresn
fish, which is not at all likely. An
other is fresh fish, a great staplo of
our markets and tho product of n
great industry of which, however,
scarcely one-fourth is conducted by
our New England fishermen. Thar
kind may, however, be left out of
consideration, since it is not proposed
to grant reciprocity therein or to
lessen the protection which it now
has TIip third class is mat ol green
fislito-wit, fish wet salted and not
dried. That is the great product of,
the Gloucester fishermen, and, it is tho
one item in which th'o treaty would
permit Newfoundland competition
with them in our manteis.
On the other hand, let us look at
the assured advantages to the New
England fishermen which this treaty
provides. It gives them free bait in
Newfoundland waters. Those waters
are tho only adequata source of bait
Our fishermen, like the Canadians and
Frenchmen, must get supplies from
Newfoundland or go without. Last
year scores of American fishing
schooners got their bait from New
foundland, and. in addition, durinr
last winter some two hundred thod
?nnJ barrels of frozen and salted bait
were taken from that country to
Americans, herring bait being in win
ter obtainable nowhere else. So our
fisheries are practically dependent
upon Newfoundland for bait Now,
there is a Newfoundland law which,
if enforced, would totally debar ug
from getting bait thoro at any price.
But under the modus' vivendl of 186J
our fishermen are permitted to4 pur
chase bait under licenses which coot
them $1.50 a ton on their vessels, or
ironi $120 to $200 a year on each
schooner. This treaty would not only
supersede the modus vivendl and prac
ticaliy abrogate tho bait law In our
especial and exclusive favor, making
it impossible for our fishermen to bo
excluded from ' Newfoundland waters
or bait markets, but it would also
abolish this burdensome" license foe.
In .brief, IV "Would mako tho Wateri
of Newfoundland and the Newfound
land bait market as free to IJuited
States fishermen as to the Newfound
landers themselves. It Is confidently
to be believed that that advantage
would, very largely surpass whatover
slight evils of competition our fisher
men might suffer in a single kind of
fish.
The other prpvlsions of tho treaty,
relating to minerals, foodstuffs, ma
chinery, etc., have already been con
sidered. They are certainly advantag
eous to the United. For example it l
provided that United States products
are, to be admitted to Newfoundland
on as faverable terms as those of
Canada or any other country now en
joy, and that if at any time lower dr
preferential rates shall be granted to
others they shall be granted to
the United States. The treaty would
therefore prevent Newfoundland's
granting discriminating rates to Can
ada or to Great Britain without grant
ing them also to the United States.
That is something of much potential
importance to this country, and it
help3 to mako up tho sum total of a
convention which seems worthy of
prompt and ungrudging ratification.
Made It Hot Tor Him.
"I wonder," said tho new benedict,
dreamily, "if there Is anything warmer
than a woman's love?"
"Sure!" replied Oldbache; "two
women's love. I heard of a bigamist
once who found that out"- Phila
delphia Press.
Your Nerves
Furnish the motive power of the en
tire body. Dr. Miles' Nervine will
keep the nerves strong and healthy
or restore their strength if weakened.
Bold on guarantee. Write for free book oa
nervoua diseases. ,
Db, Miltss Medioai, Co., Elkhart, Ind.
&
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