The Red Cloud chief. (Red Cloud, Webster Co., Neb.) 1873-1923, November 25, 1909, Image 2

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yield oi wheat, corn and oth
er Hlnples has heon lioraldod
far and wide. Hut there Is
another hnrveal that has
heeii crowlni; and rliienlnt; all unno
ticed hy Koverumcnt Htatlsl lcl;uis and
ly overybody elo, and that Ih the
Imnuicr orop of now mlllionalroH mid
iiiiiltl-nillllonalreH. Nover before were
I Intro ho many In New York as there
aro to-day. MIUIonulruH wore mado In
a nlRht by tlio great wave of consoli
dation and the luerKliiK or hundreds
of IndiiHtrial enterprises that was the
feature or tho oponlng years of the
twentieth century, jusl after the close
of tho Spanish-American war. There
were stool lilnr-, nteiunnhlp kiui;s
pump kliiKJ'. kings of car springs and
of air brakes and of all sorts oi
things, They blossomed forth between
the sunset of one day ami the dawn
of tho next. Tho select elrcln of plu
tocracy widened fo swiftly tlmt It
broke all barriers and created a new
aristocracy of wealth in America
New York was Invaded by a horde of
westerners whoso manners in some
cai.es shocked oven tho Imperturbable
fiorvltois at tho expensive hotels
wheie they monopolized tho royal
lauitcn. Pittsburg, fiom being Mmpl
a Brent mill town, a city of grhiv
workmen. Jumped into woild-wldo
proiriinonco because it was discovered
suddenly Hint it had more millionaires
to tho txpinre inch than any other
npot on earth. In Now York all sorts
of people acltlevcd fortunos. paper or
actual, almost before tboy were
awnre; Jockeys, waiters, bartenders
and other huniblo folk glanced with
amaze nr the balances with their
brokeis and began making plans for
yachts and country houses. The his
tory ot this polled was one of tu
wonders of America.
Then, two years ai;o, the panic
vtuno and pat a dampener on the
iwi i hi i ii iiibmiiw n i hiiiiii i id iii i iwmmmmmiWmwWimi
pp.,,. . -. J teff
nr ylfltl 01 wheat, com urn! nth- 'WffifeW. MM ft ifh
L ,r Hlapl.H hits l,Lon l.oral.l.l ;feftlW M I
narr, " "". ..... ...v-.v ..- v L '-- V"OcLVr'V- -V.'iffi7 Jli'r.:"i7.. trrs- UllTOJA W B HU U.V HN 'fl ' rt
linuucinl hoies and aspirations of those who had
uurvlved the various Ills that followed in tho wake
of Industrial ovor-oxp.iuhion I tut since the panic
clouds have cleared away there lias come another
and even more wonderful appieelation in values,
tho most remarkable advance in the prices of all
conunodltieu and securities that this country has
over known. Probably more millionaires have been
mude in the last 'i months by tint steadily rising
tido ot tremendous prosperity than history ever
liaB recorded In a similar period of time. The
number of those who hnve grown rich ipilckly is
ftreatcr, probably than It was in tho time of mer
ger and consolidation, neaily a decade ago. He
fore the panic or I III)" time were, perhaps, 11,000
mllllonaltes In New York. Now there aro any
where between Ti.000 and 10,000.
Tho advances In tho value of secuiltles In the
last two years have been almost Incredible, There
probably are moio than 100,000 persons who are
htockholdern of United States Steel. In October.
3907, teel Common was lit; in February, lOO'.t,
It was ll"i; this October It has been well above
110. The shares of the Pennsylvania ralhoad are
Jnoro widely distributed thnn any other transpor
tation line, moro than 00,000 people being listed
on Its books of shareholders Two years ago It
was 10.1; lately It has been above lf0 I'nlon I'a
elllo is next to Pennsylvania In the length of Its
stockholders' list. It Is not only one of the most
popular investment securities, but also one that Is
.peculated In most largely. Union Paeilie com
mon was 100 in 1007; this year It lias been above
219, un Increnso of moro than 100 pur cent. New
York Central, Southern Paclllc, Ilaltlmore & Ohio,
Atlantic Coast Lino, Illinois Central, Oreat Nor
thern, Standard Oil practically all the stocks in
tho long list of railways and Industrials have ad
vanced from no to 100 or more por cent. In value
Hlnco Oclobor, 1007.
Thousands of people who ure not speculators
and who uro intolerant of speculation have profit
ed cuoimnusly by this wonderful rise in prices.
They uro the ones who bought for investment
when tho prices wero low and who aro now reap
ing tho harvest. During th- panic enormous
blocks of gllt-edgo shares wero thrown on tho
markets when great speculators like lleinzo nnd
Morso, and somo others who wore not so spectac
ular or daring, had to sacrltlco anything and ev
erything for ready money. Their holdlugs now are
Rcnttcreil throughout the country and have been
tucked awny in tens of thousnnds of sates nnd
strong boxes.
While Komu of the new millionaire como from
the ranks ol tho?o who woro bargain hunters In
the days of panic, most ot the new plutocrats aro
from tho army oi speculators.
Thoro aro so many of thesu new millionaire.-)
that It would be Impossible to list them all hull
ei n fi-os p !- iit7t ra ion i.
H vSI wtfOirlfc'l X. .iWmtiiyCtillfet Ri L5 JL M aEi.B iHJ
tss tszJ' z. Zmr
otcfeP or nrm wmiitm&MWtFs
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fa 'n e-' r.K. tj.ntif iini .- i i i "-t- it it, m .r. jf cj i r. vi ai w f mi a nn in u humid i' iii i ' iia
lS i - lJi ir'JSsSS'Bi I iii
oa!j? i'risvK2Wr-(nj.
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Jjanw CJyv - -- 4i.myr.n.vfi.rm
azycJT BJry3CG jiw&JtZa
""AtJv. w"""5t"ili5f!3si-l.
vblually with any degree ol aeou:ac Compara
tively i'-w of the old band ol millionaires have
failed to add materially to their tortunes slnco the
panic. Theie aie some, it is true, v ho were more
or less disabled in those days, and Hie period that
preikeod them who hao not succeeded In win
ulug back their lost money and prestige; some
who were in the ill-fated trust companies, others
of the insurance crowd, and so on Hut those
who held on nnd wore able to weather the storms
hae been lilted up and now are richer than over.
Not only that, but a huge number of new gtoup
of great financial strength has. been doveloped.
There is the llawley croup, for instance, which
has made millions and millions In the rlao In val
ues or lallway shaies. IMwIn llawley, the head
of this coterie, was not a big Wall street llguie
until wlililu the last year oi so, but of late he has
added Immeasurably to his wealth and to his pow
er as a transportation king
Among tho.-x of hhs friends who have climbed
into the chm-lot oi the plutocrats Is Finnic A. Van
dorllp, the president ol the National City bank,
lie is reputed io have made moro than a million
out of Chesapeake & Ohio and I'nlon Paclllc.
When he was assistant secrotary of tnd treasury
a few years ago Vanderllp was u man of ver
moderate means and lived In a modest llttlo Hal
In "Washington. After ho came to Now York his
wealth Increased somewhat, but only since the
first of this year has he entered tho millionaire
class.
Anothor of the llawley group who Is one of the
new ciop of multi-millionaires hi a banker named
Scott, who piled up a small fortune, dollar by dol
lar, In Richmond, Va , and who has increased It
many fold of Into In Wall street. Still anothor or
tho same group Is Robert Fleming, He was not a
poor man when the rise In stocks began, but ho Is
said to be a very rich ono now. Then thoro Is a
new crop of Union Paclllc millionaires, Southorn
Pnclilc millionaires, Wabash, Itock Island and
many othor groups of now millionaires who have
become wealthy by tho tremendous upturn of the
shares they were Interested In. Somo of those
men were millionaires boforo tho beginning of this
year; these have now moved up to the multi
millionaire class.
Thoro nro quite as many who have won for
tunes in the field of Industrial stocks, especially In
United Stntes Stool common. Ono of thobe more
than n mllllonalro when ho began buying Steol
Is Frank A. .Munsoy, tho publisher. Up is said to
have started his Stool purcliases two years ago,
when tho stock was mound 22, and to have accu
mulated a total of 100,000 Hharos at very low
prlcos. Ills winnings are cutlmntcd at mote thibi
$5,000,000.
Theso instancos, taken
cation of tho thousands of
There
cotton.
nt random, give an Ind i-
fortunes that luWo
up lately through the tip
sweep of prices In Wall
flrent corporations, like tho
and the life Insurance com
panies, have nlt-o profited stupen
dously These tremendous resr
xolrs of money own huge blocks of
f hares In scores ol railway and 'in
diHtrlnl companies lots ot lrom
10,000 hhtues to almost a control
ling interest. The most of these
are sober, gilt-edged, dividend-paying
stockt, that have not been spec
tacular In their advance in price ns
compnred with some of thoro that
have gone up like skyrockets Yet
even ihose high priced shares have
be u enhanced in value from 20 to
r.i) per cent In the last 12 months.
l'he were bought at panic prices,
so the published records of theso
companies show, and these Institu
tions now are said to be selling
them oh, cautiously and carefully
at the fancy tlgures that have been
prevailing ol late I'nllko the in
dividual investor, they believe in
cashing In their winnings and salt
ing them down until theie Is an
other chance to buy cheap.
In the commodities here are new
groups of millionaires and multi
millionaires aim Some of theso
have won their wealth In wheat,
others In coin, but most ol them In
are more new cotton kings and
princes today tlian i-er neioie. ivac ucany an ui
these are ()Utherneis. who hue hud an expert
knowltdge of this staple. Most ot them have been
cotton planters themselves! on a large scale, and all
their lives they have been studying cotton. Its
giowth and Its over-widening nuukets.
Almost every day there have been rumors Hy
ing about as to what Patten wa- doing In cotton.
Hut curiously enough there has been never a word
said about the real bull leader In the cotton mur
ket. the man who has been the biggest speculator
lu this staple, and who recently has Jumped into
the multi-millionaire class. Hiigene (1. Scales of
Dallas, Tex. Scales Is the most toweling bull,
probably, that the cotton market ever has known.
P.-.tten is a piker beside him. Kon the celebrated
Mr. Sully in his palmiest days nevei operated on
such a Initio hauls as Scales has been In the last
i ight months.
This new and mighty uiultl-nillllonali-e In the cot
ton market has steadfastly kept hnusell in the
backgiouud. lie is no nmuteiii- speculator, how
ever, lor live years ago he was In one of the Sully
campaigns and retim! fiom the tight with several
huge dents in Ills tlnancla! armor Hut now he
has won back all his losses and a lot more.
Some among the many others who "know cotton"
and lum won big fortunes thiough Its rise In price
aie Fergus Held or Norfolk. Va.; Morris 11. Roth
schild of Woodvllle, .Miss., William P Hi own of
Now Orleans and Louis S. Herg of Mississippi.
Herg had charge of the Ohalmette terminals at
New Orleans not long ago and' was a hnrd-worklng
rationed man. A llttlo later he pieced togethor a
lot of smull "Mississippi railroads and combined
them Into nn effective and proiltablo system. Then,
with a modest fortune, ho camo to Now York, and
uince then has been making money out of cotton.
And so the list runs on. Hardly a name among
the thousands of new millionaires Is familiar to
New Yorkers. They aro practicnlly unknown out
side of tho sinnll communities they camo from tn
tho wost and south. They live In the costliest suites
In tho most exponslvo Now York hotels. Next
summer. If they have no setback they will bogln
leasing or buying palacos at Newport, Hnr Har
bor or other places whoro tho socially eloct are
supposed to live. Then thoy will begin trying to
break through tho Imaginary liiclosuro with which
"bociety" surrounds itself Thoro are so many of
theso new millionaires that perhaps like tho incur
sion of n now race they will ovorwhelm nnd con
quer the rolntlvoly small group of peoplu who havo
boon priding themselves on having their wealth for
a deciulo or more. A,t any rate, the names of most
of these now millionaires probably will be read for
tho first tlnio In print In the next year's books or
eocial registry, which form tho nearest approach to
tho directory of tho pooiago that tho plutocracy of
America knows,
PAUL ON SELF
DENIAL
Sunday Sthool Leiton for Nor. 28, 1909
Specially Arranged lor This Paper
I.KHHON TRXT.-llom 11.10-21. Mem
ory vcrppH 13, 110.
aOMJfJN THXT.-"It Is good noltlir to
rnt flesh, nor tn ilrlnk wine, nor any
thing whereby thy brother utiimblutli."'
Horn. :Z.
3ugjestlon and Practical Thought.
One. The School of Self-Control.
Tcmperanco means the control of nil
the lower parts of a mnn'B being by
his reason, his conscience, and his
will. It Is "keeping the sout on top."
Tim all pervasive thought In the
verses of tho lesson for today Is this
self-control, the basis of temperance.
Why are wo all, even the youngest
children, placed In the midst of so
many temptations, to lie, to Hteal, to
gamble, to drink intoxlctalng liquors,
to bo selfish, and disobedient?
Hecnuse thoro Is no other way of
opening the door to mini's highest pos
sibilities, his fullest development, Ills
purest holiness, his greatest happi
ness, his laigest usefulness. All who
would become strong and useful must
gain their power largely through vic
tory over temptation. It Is thus that
tho soul "builds itself larger man
sions" It is it chief factor in educ
tion. Men cultivate courage through
things that test courage. They grow
in faith through the tilings that try
their faith. Thoy learn business by
taking the risks of business. People
without trials nnd temptations are al
ways failures.
Why are we so full of impulses and
passions, of faculties nnd powers that
may bo used for good or for evil? He
cause tho question of life with every
man Is the question of self-control, of
temperance. Prof. Thomson In his
Hraln und Personality says that "tho
Will creates the man." "We make our
own brains" by repeated choices which
are acts of Will. "The Will Is the
ranking ofllclal of nil In man."
Why then do wo pray, Lead us
not Into temptation? Hecnuse there
are plenty of temptations for our edu
cation without our seeking for more.
Hecause our only true attitude townrd
temptation is that of a fighter, a etm
quel or. Whosoever goes willingly,
with desire, Into temptation is already
more than half fallen. The mad man,
described in the Oregon Letters, had
an Illusion that he was acquainted
with the devil. "They say the doll
Is very busy in tempting men; but he
maun line an easy" time o't, I'm think
ing. All of them meet hiiri more than
half way. Ilk ane seems to gang to
him nnd say, 'ilaena ye some dainty
temptation lor me today, now, Daddy
Satan? I'm snlr wracked for a coax
ing temptation.' "
A learned professor wrote the other
day that people ought to drink a little
wine moderately. In order to train
themselves in self control. Hut that is
to throw open the castle of your life to
the enemy. It gives him every ad
vantage. For the tempter Is like those
people who go In a large band to haze
a simple freshman, or as was once
the custom in a national military
school to make an untrained newcom
er fight an athlete of an upper class.
Two. Away with the Stumbling
Hloek of the Saloon, lion Nenl Dow
was lecturing, one summer evening,
and the Hies and gnats gathered in
such swarms around the lamp near
him that he took his handkerchief and
waved them away. They went for a
time, but soon leturned. He repented
his movements with bis handkerchief,
with the same results. Finally, he
turned around and blew out the light;
and henceforward the Insects were no
longer atti acted, and kept away. So
warning people away from saloons
will not be enough, you must extin
guish the saloons themselves.
Three. -The Only SaTo Way. Don't
Ilegln. A little couplet, written for
children, holds weighty wisdom:
l-'iuin tli lid:, wltli Its sorrow ami ruin nnl
sin,
I mirolv inn naff 11 I never lieeln.
Said a young man to me once
"When I feel a thirst coming on that
brings visions of the delight of its
slacking, I drink all the water that 1
can a great deal more than 1 want
and then think of romethiug else."
"Ili.t," one asks, "must I not use
wnio because others abuse It?"
Does ovciy one who drinks wluo be
come a drunkard'.'
Hy no means. Hut no one eer be
comes a drunkard who refused to take
the tlrst glass.
Several times men hive tried to sail
across the Atlantic In very small
boat. It was veiy dangerous and
some succeeded.
Hut If you ero,-.s In one of the great
liners, which can carry more than
2,000 persons, and enn laugh at and
sport with the waves that would over
whelm the little boat, yon are as safe
ns you ure at homo. When I cross the
Atlantic I take the great liner
If some lnllllonnlie should offer me
Jl.000,000 in gold on condition that
with it 1 should take u drunkard's
craving appetite for strong drink, ami
run my own risk, I would refuse It In
stantly, though I went to the poor
house tho next day
Don't begin, because It Is easy to go
down into the depths, hut very hard
to return, one of the hardost victories
ever won by man. 1 heard Mr Kd
wurd Carswell. lu a lecture, tell of a
mnglclon who offered to change an;
bright boy Into an Idiot. A n other
consontcd to have him try Ills jowe
on her son. The boy went forwatd
tho magician made I Is puksps mi i
tho bright look fades away lrom the
boy's face, a vacant stare tukrs its
place, nnd the boy becomes an lillo.'e
fool. At length the mother asks the
mnglclon to dinner hint back . , .
Hut this lie c.ould not do.
A GOOD COUGH MIXTURE.
Simple Home-Made Remedy Thnt Is
Free from Oplatco and Harm
ful Drugs.
An offectlvo remedy that will usu
ally break up a cold in twenty-four
hours, Is easily mndo by mixing to
gether In a largo bottlo two ounces of
Glycerine, a hnlf-ounco of Virgin OH
of Pino compound puro and eight
ounces of pure Whisky. This mix
ture will cure any cough Hint Is cur
able, and Is not expensive as It makes
enough to Inst the averago family an
entire year. Virgin Oil of Pino com
pound pure Is prepared only In tho
laboratories of tho Leach Chemical
Co., Cincinnati, O.
Good Work Goes On.
During the year that Iuib passed
slnco the International congress on tu
berculosis met nt Washington, one In
stitution or organization for the treat
ment or prevention of tuberculosis lias
been established every day, Sundays
nnd holidays Included, according to a
bulletin of the National Association
for the Study and Prevention of Tu
berculosis. Fifteen new beds In hos
pitals or aanltoria have been provided
also for every day of tho year.
(inltp.illiinrnii.-4iinil nwrairites mntiy .Tlmn
iIImm'h- II Ik tliirnuuhly uircl Sv fir. Menu
rii'iis.inl IVIIolk. Tliel.ivuniel.iuilly l.irntlve.
Not to alleviate If we can All thnt
needs alleviation
Nebraska Directory
A Physician Sayo of
UNCLE SAM
Breakfast Food
AS A CURE FOR CONSTIPATION
"In a number of cases of Con
stipation in my practice it lias Riven
very good results. Several patients
claim to he entirely relieved of
severe constipation by its use." ,
Dr. J. T. M.
(Name on request.)
If ou don't know its merits
ASK YOUR GROCER ABOUT IT
HE CERTAINLY KNOWS
U. S. B. F. Co, Omaha
In. tiu waul I ho licit I'orn .ticlli-rnml? If u,
invlol i.ti ImrlDKu
MARSEILLES CORN SHELLER
Wrllc lor calnloK ir wr your local dealer.
JOHN DEERE PLOW CO., OMAHA
CORNELL ENGRAVING GO.
HuHT.ni.- iin.l r I mt KteliliiKH. New mul eom
I1ete njiravliiK iiliiut. 219 N. Ilth St.. Lincoln.
FULL LINE OF PHOTO SUPPLIES
HERBERT E. GOOCH CO.
BROKERS AND DEALERS
Grain, ProvUioru, Stocks, Cotton
Main Office, 204-205 FrMcroity Bide.
Lincoln, Ncbraikn.
llrll rimtii. ,11 a Auto l'lionc 2G59
I.urKFst Moiic 111 Htate.
Beatrice Creamery Go.
TnyH tlio lilitlirt-t price for
EAEVI
I.i-t us tnako ou figurei on jour bill.
0kxI grades, quid, hliipmunt nnd low
priti-s. Direct to consumer
F.V. Brown Lumber Co., Lincoln, Neb.
vS.W BFIMF.5fi
m COLLEGE i
i.-iii.iiijic,-uj jr.w-w -.-JftiuiicruiauMiear. hi
tuiiirt- c, practical tnorcogii. iiu'pt
iur iitcni i.- tin ma nihj lit nou ui m
uunrki Miu'ci (trisiT unt. A'lvintivfn
unjpproaunr; ei-b-wnrrc jo uuuuju
IilUmuIo U flu it ftft rro-rpwtui io
mm oi s iutm.)i.!.n:r m
1rll 1 1 till CTV&J "MWtMJJWl! IJWMfnJ
t-icn-i for mi r n -w 32 n ev en t-
AtokM1( 1 II K t!M I r
(LMV lUr ' It Will ttll
yorithoiii.KsiUlltttHof
MD BYEiEaS
Ulltbnnn.Klown, fiint,
itt-c!.tlitt, pluititM cur
kcIh, Mljtpt rri kirtn.
v'llB.oTorml. nnjnniniKt,liutliiilK's,iii.itirfi.M'H,
bl.iiil t PUUIH8, sill, i mi, rncur, imixikkW, fcalhcr
Ikmn, initio- Unlk-n .irattcrn ilm. Ijtlliuril l.ibln
iMMTh, In".. licilMTcuils urn it h, Inrnnrti nml iiiuunt
ln'ii, liKulnj, hn.-niiTh, luis, iiatli niKH, urli'iiml
runs fiuicy work, btiuid rutcrt., i-url-ik-c rtilics.
puny itri'h-tPN, ii.pr.i o.ils. luii. curt.iliiH, iimry
cMh. MmwIs, lliiKcrlo, men's siiltx, i-iihl.lnnf. Insir
unilili;i.rHMtii,Mil.i-k.iiii liundri .Isot oilier IIiIjiks.
We li.no tho l.iruokt ,el.-nnlri;nii.1 ilyelnKotiiti.
ltaliiiinit In Ltiu wom. 10.IWJ litit r.t tlinirkMcn. ca
pncl UWniii.itM per il.iy. Mcmoura Milium,,
AkMx-lnlliin nt Cleaners luul llycrs. K.T)rcMJii:o
pulduiiuwajr tonny .Uitlii u.h, CnIlorrllo
J. C. WOOD & CO.
1322 N Street 1521 Howard Street
Lloocln. Nebraska Omaha. Nnbratka
I
aiboiuiirt onf
csrea
4fs
As
VtutdtlQaih (Urtcttlfdtc
ifamilicit.
Gifdiclnt tolttttliitbrlliti num't'tillt oon
mt 50 (citt3 pro 3fli)t.
3tBcr auaiib lit tL'8 but Hi ecltrn I jtl.
tint, fnibdii emeu luoucrcii 31wmnn. U
fine V niaui UmiiitHiotr itjUbiiiniKn. i
inorllMAcfl, liuje tpcpiildte Vlbljaiisiuniun
erfjirft una .10 crcitta
mil tturetn V'nnicn tint) SDtee nuf not,
iflmiecm HtcltelHfttei. bnim Unbtn riit
Uudi (iMJlwnen iMf loll fan nniue CMr
Preis Publishing Co.. Lincoln, Neb
OiiilltpciibWitlciiu mil eiiinal)te.VIbon.
S,F:sr."ihni,i,,3,r '" triiDeu oitlBi.
s& mm
LUmBER
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