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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Oct. 9, 1901)
THE OMAHA DAILY BEE: WEDNESDAY, OCTOHEK 0, 1001. The umaha Daily Bee. K. ROHKWATKH, KD1TOR. I'UBLISHKD HVKIIV MOHNINO. TKtlMfl OF Ht'HSCHIPTiON: Dally Bee i without Sunday), One Year.. $6.00 Dally Bee nnd Sunday, one ear Ml Illustrated Hec, One ciir f-' Sunday Bee, One Year fj Haturuay Bee, one Yenr J.w Twentieth Century Farmer, one car.. l.oo DKLIVKItHD 1JV CAIllllKH. Dally Ilec, without Sunday, per copy..... lr Dally Hee, without HJiidny, per weck....Ue Dally lice. Including Hunouy, per wcok..Lc Uunuay Dec, per copy livening lit':, without Hundny, pet week..l0o livenlng U o, Includ'g Sunday, per week, lie Complaint ot Irregularities In i ullvcry should he addressed to City Clroutallon De partment. OFFICIOS. Omaha; The Her Building. South Omaha; City Hull Utilldlng, Twc.v ty-Ilflh and M Streets. Council UlurfM! 10 Penrl Street. Chicago: 1ij Unity Building. New York: Tcmplo Co-irt. Washington : 601 Fourteenth Street. CUHHH8PONDHNCK. Communications rclMliiK to news and edi torial matter should be addressed: Omaha llee, lidltorlal Department. BUSINESS LKTTKRH. Business letters and remittances should be addressed; The lieu Publishing Company, Omaha. HtiM ITTANC15H. Hemlt hy draft, express or postal order, payable to The Dec Publishing Company, only 2-cent stamps accepted in payment of mall uccounts. Personal checks, except on Omaha or eastern exchanges, not accepted. THK IIKK IUIJIjI8IIINO COMPANY. STATKMUNT OP CIRCULATION. State of Nebraska, Douglas County, ss.: George II, Tzschuck, secretary of The life Publishing Company, being duly sworn, ays that the actual number of full and complete conies of Tho Dally. Morning. Evening nnd Sunday Ileo printed during the month of September, liWl, was as follows: 1 211,11 IK 16 2H.7HO 2 ui.ino 17 simmmi Z 1:7.270 18 ,2.:iHt 4 i!7,ino i as.ium E 27,110 w 211,20 6 11,100 21 27,1170 7 47.7IO 22 2S,IIIIO fi ill,77 23 2H.770 9..., HN.tttHI 21 SIN.IMO 10 SN, !' 25 UH.BMl 11 2W.IHO 26 US.ftlO 12 27.MIO 27 2H,lllt 13 10,210 28 as,7o ll , 45,7:111 as,ii:io 15 Jia.lIM) 30 8N.H70 Total tt.11,710 Lss unsold nnd returned copies.... I2.H17 Net total sales lt..'ltl.' Net dally nvernge ao.lllll OHO. H. TZSCHUCK. Subscribed In my presence nnd nworti to before mo this 30th day of September, A. D. 1901. M. H. III.' NO ATE, Notary Public. The superlntciHlency of tho Hcliool buildings lms nhvu.vs been u bono of contention In school boards and will always continue to be. .7, Plnrpont Morgan hns not rot sprung his community of Interest lileu on the Kplscopul convention, but It Is liable to como at any mluiite. If the county commissioners have nny franchises to give nwny they had better put them up at auction salo nt tho cast front door of the county court house. No man who believes In maintaining a high standard for the Judiciary will ever regret having voted for S. II. Sedg wick for Judgo of tho state supreme court Tho Shcnanl who heads the Tammany ticket In New York should have no difficulty In securing n crook there are plenty of them belonging to the organi zation. The yellow Journal without a double column sensntlonal head, even when there Is no sensation, would lose caste In the ranks of tho admirers of tho deep orange-tinted ourang-outang press. It Is nmazlng that good business men will vote away tho public money as members of the school board, while In their own ptivato business they would not think of doing such n thing under llko conditions. Webster Davis has been sued for the price of a windmill which he Is alleged to havo purchased. The plaintiff will have some dllllculty convincing the jury that Davis was ever In need of any wind apparatus. Iowa democrats nro bringing In a largo number of political spellbinders to take part In tho campaign. Tho vlsl tors will find lowit peoplo good listeners, but irrevocably addicted to voting tho republican ticket. Another of tho Hue residences on Nob Hill, Kan Francisco, has been donated to charltablu purposes. If this thing keeps up the Oolden tJatc aristocracy will be compelled to move to tho water front In order to be exclusive. Douglas county democrats and Doug las county populists nro said to have gotten together again on a fusion propo Mtlon for their local ticket. This was to havo been expected all along. Why not make fusion permanent and sail on the, same boat under one Hag all the tlinoV The question of tax reform Is a ques tlon that will never be settled until It Is settled right. And It will never bu settled right until tho great corporations and wealthy property owners pay their taxes without evasion on the same basis as the little shopkeeper and the small homo owner. Washington real estato boomers In slst that the present White House Is not suited for the residence of the president nnd t lint another mansion should be built elsuwhere. While the facts are In dispute still there are plenty of men who would be willing to occupy the oh one for eight years and who could pos sibly be persuaded to take n four years' lease. Tho French revenue shows a dellelt of 137,O4K),0O0 francs, with no extraordinary expenditure as an excuse. With taxa tion almost at the limit the prospect Is not tho most cheering. The strife for commanding position has well nigh ruined tho great nations of Kurope and unless relief Is found for the excessive burdens tho political structure Is likely to collapse. The majority of the people In tills country do not realize how for tunate they are not only In possessing great n'otural tvsources, but also In the .nbneneo of conditions which lay such a eYJT. fcurflQU UPQ Eurppe, THE COMlXrt COMitlKSS. The Fifty-seventh congress will meet Derember ", a little more than seven weeks hence. It Is not expected that I lien' will be any very Important change In the organization of the hotife from that of the last congress. It, I". of course, a foregone conclusion that Hpenker Henderson will be re-elected and It Is presumed that the committees of the new house will be substantially the same as In the last house. This will simplify the work of organization nod enable congress to enter upon the business of the session more promptly than Is usual at the beginning of a new congress. There are matters of great Importance to be considered. The construction of an Isthmian canal, the laying of a I'a- clllc cable, the encouragement of an nierlcan merchant murine, commercial relations with Cuba, trade reciprocity, the tariff, further currency legislation, the regulation of Industrial combina tions and legislation regarding the new possessions, are subjects of command ing Interest to which the Fifty-seventh congress will give attention. There appears to be no doubt that there will be legislation for the con struction of an Interoceaulc canal as now Indicated, the now treaty which has been negotiated with Grent Hrltuln Is likely to be acceptable to the senate and In that case there will be no delay In passing a canal bill. The Imperative necessity of a I'nclllc cable Is so obvious that congress will hardly put off Its authorization, either as a government nterprlse or that of n private corpora tion prepared to make conditions favor able to the government. The supporters of the shipping or subsidy bill are hope ful of Its passage, but a great deal will lepcud upon the attitude toward It of tho administration, which as yet has not been dellned. President Itoosevelt Is In favor of building up an American merchant marine for our foreign com merce, but It Is not known what his views are regarding tho subsidy plan. The question of trade relations with Cuba Is not the least Important of the subjects with which the coming con gress will have to ileal and It will prob ably receive more public discussion than any oilier, since there Is Involved In It not only the future welfare of the Cuban people, but also that of valuable home Industries. No less important Is the question of trade reciprocity, In Its relation to the problem of commercial expunslon. The expressions of repub lican convention in regard to this policy Is reasonably expected to exert an In lluenco conducive to a change of atti tude toward It In congress. As to pro posed tariff changes, while undoubtedly an effort will be madu to reduce or re move certain duties, It seems Improb able that anything will be accomplished, since the republican leaders In both branches of congress are opposed to mnklug nny changes. Further cur rency legislation will be urged, having In view such reform In the banking system as will more nearly adapt It to the credit and currency needs of the people, and this may tie secured. There should be some legislation for the regu lation of tho trusts, so-called, while the new possessions will call for attention. The Jlrst session of the Fifty-seventh congress will, therefore, be n busy and an Interesting session, the results of which will havo a decided Influence upon the country's future. anowixo tiiade with ciuxa. American trade with China is In creasing. The exports to that empire during last August were In excess of those of the same mouth In 1000 nnd It Is noted that during the first eight months of the current year theru was a very considerable lncrcnse In the ship ments of our cotton goods to China over the corresponding period of the preced ing year. This Is reasonably to be re garded as Indicating a steady future growth of our trade with that empire If the existing conditions, which give the United States nn equal opportunity in tho Chinese market, arc maintained. This is n matter to which the present administration will need to give the most careful attention. It Is pointed out that while (!ermony and France have gained something In China out of the late trouble, Japan and the United Stntes have gained nothing, while tills country Is in danger of being barred out of Manchuria, whero its Interests have hitherto been greatest. "The light for tliu open door," says the New York Trib une, "was a splendid one, well deserv ing success, and this country hits never yet assented to the abandonment or violation of that principle. Yet the fact remains that Kusslii Is closing or striv ing to close against us the very door we havo most desired to keep open." While there has been no aggressive action re cently on the part of Itnssla showing a purpose to close this valuable market, still It Is not to be doubted that she hopes to sooner or later accomplish this and is already planning to that end. Manchuria is one of the most fertile re gions on the globo nnd Its productive ness can lie greatly Increased. Hussla understands Its valuu and having ho cured a llrm foothold In that rich and promising province, Russia will not only give up nothing that It has secured, but will spare no effort to gain imire. Japan put a check upon the evident Hussion design to seize the whole of Manchuria, but that purpose, It may contldently be assumed, has not been abandoned. So for as tho United States Is concerned a proper regard for Its own Interests simply requires that it shall Insist upon the maintenance of tho open door prln elple unit this It can do without neees sorlly becoming Involved In any pos slblo complications that may arise among Kuroiwan powers luteresled In Chinese affairs. There Is undoubtedly a great future trade for this country with China If the existing conditions ore maintained We should lu a few years export to the Orient several times the amount ot cot ton goods vu are now sending there, while China offers nun of the greatest markets In the world for American Hour, which through tho Influence of our Department of State was retained on the free list. The cotton growers and manufacturers and tho whent pro , duccrs of the United States uro there fore Interested In having existing condi tions preserved nnd will look to the government to spare no effort to have continued the present commercial policy In China. I'mler this policy we shall be able In the near future to export a large amount of other manufactured products to China, for there Is every reason to' expect rapid development there. Then Is in our Increasing trade with Chlnn the promise that the predictions whlc.li have been made regarding it will be realized, to the Immeasurable bene fit of this country If It shall have a falf and equal opportunity. WHEHK THE II I, AM K IjWS, The lowest estimate of the valuation of real and personal property lu the city of Oirtaha Is $100,000,000 and the most moderate estimate of the valuation for Douglas county Is .?l'jr,000,000. The animal expenditures for city nnd school purposes In Omnha aggregate lu the neighborhood of $1,500,000, while the amount of public motiey expended for county government will reach close to $r.00,000. Atld to this tho city and school district of South Omaha nnd we have an aggregate tax burden of more than $,000,000 a year. Suppose a corporation were to be or ganized with ?lL,r.,000,000 of capital actuully Invested, with Its business di vided Into five departments, spending each year more than S'.'.OOO.OOO, would the stockholders of such a corporation be so reckless as to select or their boord of directors men who have little or no Interest lu the corporation, no business experience nnd no executive ability? Would they risk their credit and capital In the hands of men whom they would not be willing to hire In ordinary cleri cal positions lu their stores or ware houses V Yet this Is precisely what has been done from year to year by tho taxpay lug citizens of Omaha and Douglas county, who occupy the same relation to county, city and school district that men do who own stock In n great cor poration. Worse than that even, a large proportion of taxpaylng stock holders of this school district, city and county tlo not even attend the minimi meetings where their directors and olll cers are selected. Instead of attending the primary elections of their respective parties, In order to protect their inter ests, they manliest a lamentable Indif ference and are heard from only with protests and complaints agnlust mis management and waste after the con tract lor their hired men has been rati fled for another year or two. The blame for this state of affairs Is Invariably loaded onto the politicians and the machine, which Is n convenient scapegoat for the sins of laggards, duty shirkers and tax evaders. Do llgs grow on thistles? What kind of manage ment can we expect for the corporation so long as the stockholders exhibit no other concern lu its welfare and nnan clal condition except to growl, complain and obJectV. Why blame the politicians or the ma chine for foisting Incompetents or mis fits Into the public service so long as the men of established reputation and proved capacity refuse to have anything to do with office? The sagacious politician and party leader alms above all things to put up a winning tight, he Is always anxious to get the best ma terial within reach for his ticket, and the best material under' existing condi tions are the men who can corral the largest number of voters. The practical politician keeps lu view all the time the fact that the vote of the millionaire weighs no more In the ballot box than the vote of the pauper. He knows that under existing conditions the great body of voters are bread winners and not coupon clippers. Inasmuch as the great majority of tho taxpayers do not take an active iuterest in nominations, the practical politicians are restricted to a choice that leaves the county, school district and municipal corpora tion lu tho hands of men who for the most part havo never conducted any extensive business or managed any large interest. This deplorable stato of affairs Is bound to continue so long us the tax paying class of voters keep aloof and shirk their full duty as citizens. l'he Kusslau government has Issued a prohibitive decree against Amerlenus mining gold In Siberia. If Hussla really wants to develop the mining Industry lu Siberia It has made a mistake, for American gold miners and methods uro universally conceded to bo the best In the world. It Is duo to Americans that the Immense riches of the Trans vital have been uncovered. Tho ex perience of this country has also dem onstrnted that the best plan to pursue with undeveloped resources Is to throw open the doors and Invito everyone who wishes to help to como. In. This policy hero hits made the west and In the mak ing foreigners have played a large nnd honorable part. Unless the school board has money to burn, tho Increase of tho pay roll by $200 a year for the benefit of the super Inteitdcnt of school buildings Is utterly Inexcusable. With a salary ot $1,800 a year the superintendent of school buildings can well afford to hire a horse, If he needs one, or he can patronize the street cars without losing tlmo and without diminishing the dignity of the otllce. Hrltlsh reports Indicate that the new canal treaty now being prepared will recognize fully the American conten tious emphasized by the action of the senate. If true, this Is yielding con siderable on the part of (ireat ltrltaln. Hut It must be remembered that that country, with Its Immense shipping In terests, Is us much Interested In having the canal built as tho United States It self. South Omaha Is noted for Its habit of straining nt gnats aud swallowing camels. Its taxpayers are now trying to convince one of the school board members that his resignation would be appreciated, In view of the fact that he Is Interested In contracts for the con- Htructlou of school bulldlugu uud side-. walks adjacent to school property, In violation of tho statute. This Is a mere technical triviality and we are aston ished that such a fuss should be made about It. If the objectionable member hod carried off one of the school houses or fillet! his bock yard with school fur niture, such n matter would probably hove attracted but little attention. Prison authorities at Auburn are tak ing a wise course In regard to Czolgosz. The manner In which the assassin of Garfield was permitted to ninke a spec tacle of himself was an encouragement to tho class ho represents, which seeks ntorlety above all else. If Czolgosz has an audience limited to the prison guards ho will not Indulge lu much oratory, Ilope'n l.ofty 1'eroli. I.oulsvlllo Courier-Journal. King Kdwnrd expects to visit hU colonies when the Doer war Is over. Perhaps King Kdward expects to live as long as his mother did. I.lnt tn the I'lnen .Murmur. Minneapolis Times. Tho good old elder that hits like a green hickory club In tho hands of the hired niau Is going to bo dear In tho teetotal state of Maine this winter. There Is less thnn half a crop of apple. The Wny to Oct It. Chicago Post. Tho manufacturers nro preparing to talk reciprocity, which means that It doesn't matter a great deal what view tho politi cians may take on tho question. If tho manufacturers wish reciprocal trado they are likely to have It. Clinrni'tcr nn nn Asset. Dufralo Kxpress, Tho president's action with refcrenco to a United States district nttorncv for Kansas Indicates that those who expect appoint ments from him must furnish a certificate of character from tho last place. Anti-Trust I.niv-i. Minneapolis Times. Arkansas, Texas nnd Nebraska have scored distinct and notablo failures In anti trust legislation and their laws do not differ mntcrlnlly from those of sister common wealths on the same subject. When tho great trade combines are made tho serv ants nnd not tho masters of tho people tho feat will bo accomplished by the people through their nntlonal government, not by the lmposslblo enactments of state leg islatures. A-tmirniicp if Market. Hartford Cournnt. Wo want positive nsstirance of foreign markets old and new open to tho products of American skill and toll on such favor able conditions as shall mako certain not only tho contlnunncc hut the swift and splendid Increase of our already colossal export trndo. To obtuln this assurance Is the object of tho policy of reciprocity urged by William McKlnlcy almost with bis dying breath, and adopted so frankly nnd whole heartedly by his successor. A r.renl .Mix up. Itnlllmore Herald. The Schley Investigation Is proving that tho most talked of telegrams were never sent; that the most ncnsatlonal remarks were never mado; that memories are unre liable and that tho faculty of hearing was at times curiously deadened or quickened ns tho enso might demand. Moreover, It Is significant that, since the actual Inquiry has begun, tho published .views and opinions of many naval fllcers havp vaped greatly. Hrelpriicltr, .Not Free Trade. Indianapolis Journal. Those who talk of reciprocity as If It were free trade seem not to understand that they can havo no relation. Jlreat nrltraln, tho only frco trade country In tho world, has no use for reciprocity treaties except for some of its colonies which havo protectlvo tariffs. President Harrison nego tiated reciprocal trado relations with France, Germany, Spain for Cuba. Bra11 and other countries, but when the free trade democrats' made a tariff bill for tho house in 1S!M theso advantages wero thrown away. THUHT MANAGIJMnNT. 1,'iiplenRnul llevelopniciiln for Coiitld- tiiK In vi'Ktom. Chicago Tribune. Holders ot Industrial securities have not found much to Inspire confidence and re spect In recent dcevlopments In somo of these corporations. There has been a suc cession of unsatisfactory reports, Indicat ing that tho existence of these "trusts" Is a weak point in the Industrial situation until such time as dividends enn bo paid without creating a deficit. It Is not fair to Judgo nil the companies, however, by tho conduct of a few. Just as some well managed and moderately capltlllzed rail road corporations survived tho periods of hard times without reorganization, so will a part of tho Industrial companies. Dut the record ot tho last few weeks has not been a pleasant one. Tho annual statement of the Itepubllc Iron and Steel company, American Smelt ing, Standard Ropo and Twlno nnd Ameri can Linseed corporations wero disappoint ing to thoir shareholders, Ono or two of tho companies paid dividends out of their surpluses. In the raso of all of tho con ccrns stockholders had to wait for pub llcatlon of tho official statements at tho end ot the year for any Information ns to financial results. It is the common prac tlco ot all railroads to publish weekly or nt least monthly statements of their earnings, Tho gross and net profits nro set forth once u month so that holders of bonds and stocks can tell pretty well what tho road la doing. Tho complete roports Issued nt the conclusion of twelve months do not differ mntcrlnlly from these periodical ones. Why should not Industrial corporations ndopt tho method of railroads In this par ticular? Are tho men chosen to manage the companies entitled to know If the stock becomes worthless nny more than thu shareholders whoso savings havo gone Into It? Thero la a crying need for more pub Itclty. As it Is now shareholders know It Is paying dividends, but they do not know whether it is making or losing money. In several instances Inside Interests havo reaped largo profits by taking advantago of the losses of tho companies they repre sented to mako a turn for themselveB In tho stock market. Such Incidents as theso Justify stock holders in their assertions that tho man agement is not loyal, l-or some reason business men who wero competont heads of their own plants havo In some cases mado failures when Intrusted with tho affairs of consolidations. Perhaps It Is because, hav- Ing sold their own mills and received pay ment In cash or In stock which they mar kited ns soon ns possible, they did not feel tho same obligation resting upon them ns when their uersonnl fortunes wero nt stnke, Industrial companies enn make n success only when they nro capitalized on n basis Hint w 11 enable them to mcot iionu inieresi and respectable dividend requirements. If plants are taken In for tho principal motive of letting thnlr owners out nt the expenso of n class of Investors greedy for the hugo nrnnts nromlsoil by promoters the corpora tions nro In nerll. Management that Is faithful to thev Interests of nil the share holders, without favoritism, Is what Is needed. Thero should be no more blind pool Taxable Value of Railroads Dos Moln The Omaha lice, In n thoughtful article, akes notlco of tho speech delivered bv Governor Shaw at Iloono on the railroad assessment question. The Hce, after aptly saying that it Is regrettablo to havo "the dlsdusslon of such vital Issues as the ques- Ion of equitable assessment and taxation. carried on under partisan auspices," goes on to speak of Governor Shaw as "Indulg ing In sophistry that would not hold water before nny Impartial tribunal." Governor Shnw, as Is well known to nil who havo followed his attempted defense of tho pres ent Iowa railroad assessment, contends that a railroad should not be assessed at Its market value, as that market value Is cur rently declared by the market wherein rail roads and parts of railroads ore sold. Quoting ono of the squirming sentences of the governor, Tho Ileo says: In making such assertions Governor Shaw manifestly umleratea the Intelligence of tho average Iowan. If tho purchaser of the railroad Is not to bo governed by the volume of. Its bonded debt, or tho market price of Its stocks, Its ordinary tratllc and Its prospect for nn Increased tratllc. whnt other clement of value can ho take Into con sideration to arrive nt any reasonable estl- mate of Its purchnso prlco? "As a matter ot fact, tho equitable valua tion of a railroad for taxation purposes can bo moro readily ascertained than tho value of any other class of property, with the exception of money nnd mortgages. Tho valuo of a railroad Is tho sum total of tho marketable prlco of Its lands aud stocks." Is there anything getting away from tho simple statement of Tho Heo? If nn undivided half of a plcco of encumbered real estate sells, say, for 3,000, even a child knows that tho vnluo of tho entire property Is $10,000, plus tho encumbrance. Now a share of railroad stock represents an undivided fractional Interest In the rail road, and tho bonds of tho railroad ren- resent Its mortgago or Incumbrance. It i,ooi'i.r. tiii: i.noi. Chicago Tribune: Ono effect of the Schley investigation has been to shutter a raft of naval logs. Minneapolis Journal: It was charged that Schley "failed to locate" tho Spanish fleet. Then what Is the meaning of tho I.irgo dent so proudly displayed by Admiral Ccr- vern ? Philadelphia Ledger: So far as tho court has compared the newspaper nccount of tho Snntlngo battle with the oinclal records tho balance of reliability appears to be vlth tho former. Pittsburg Dispatch: It seems to bo shown that various gentlemen who have posed ns authorities nbout that Santiago campaign hud contracted tho unfortunate habit ot taking things for granted. Cleveland 1'lnln Dealer: Whatever re sult the Schley Inquiry mny bring forth the public hns been given a sight behind the naval curtain nnd It Is n prlvllego that very few will nppreclnte. Brooklyn Knglc: Hodgson swenrs that Schley swore nt Santiago. Ho holds that on tho seas the expression "If you plense," a particularly gentlemanly tono Implants. It is hoped that swearing was the worst of It. Baltimore American: Under oath Ad miral Kvans says that his strongest ex pression at the battle of Santiago was Whero tho devil?" if this bo true there Is a marked difference between "Fighting Bob" in peace and in war. Wnshlngton Post: Judging by the man ner In which Admiral Schley was kept In Ignorance of certain matters prior to tho battle of Santiago It would seem that tho framework of the present contention was carefully erected considerably In ndvnnce. Indianapolis Journal: Lieutenant Hodg son may be a man of deeds, but If that let ter of his to Admiral Schley Is any Indica tion ho Is also a mnn of words mnny, many words. He should submit his manu script to the blue pencil before giving It to tho world. Detroit Free Press: Accept tho worst of tho conflicting testimony nnd honors nro easy. Schley is credited with an explosive sentiment thnt tho Texas ho damned and "Fighting Bob" Kvans with n hented nn notinccment thnt tho Tcxns might go to tho devil. No theological acumen is required In deciding that tho nnathemns nro synony mous. PHllSOXAl, .OTKS. nnrnoilua Vniiderbllt has. slnco last July, received threo patents for Inventions of his, ill having to do wltll rnllway cars. i-nnr Mnrmnl has lust been presented with the gold medal of tho Italian Sclcnco society. Tho prescntntlon specen wns mado bv tho Mnruuls Lugl solan in l-orcio, an ofllcor of tho Itnllun army. nn. mt otto von Moltke. a nephew of the great German soldier, hn ct snll for this III make an exhaust Ivo study ot our system of transportation in tho interests of tho Prussian moi. Ono of tho greatest reforms In tho history ,f ifnntuekv has lust been Instituted. Tho rv,f.iorntn Veterans' nesoclatlnn of that statu has passed a resolution to recognize io military titles not won in war. Tk now irnvernor of Porto RlCO W0 n classmate of thn governor general of the Mlii, nines. Judgo Taft and Jlldgo nuni wero friends throughout thoir courso at nlo and graduated together in 1878. Senator Clark has purchased fi.000 acres f conl lnnd In Wyoming. The senator has tnniv nf nmnev. but In tho fnco of theso predictions of n serious winter ho knows better than to lenvo himself In tho hands of thu eastern barons. inhn iv Rockefeller occaslonnlly uses tho long-dlstnnce telephone when awny from his s.w York office, hut not for important busl. ncss. For such purposes he never uses tho malls, Thero Is n prtvnto wiro irom me ofllco to his mansion nt Forest Hill, O., and tho Standard Oil mllllonnlre, when at the lattor point, transacts business Just ns though ho woro in New York. Ho never writes n message, but talks to n trusted and reliable operator, nun wnv nnd nnother Oenoral Dantol K. Sickles has drawn nbout '$300,000 enlnry from tho government. As colonel or urn snvpninenih Now York volunteer Infantry and tho Forty-second regular Infantry for seven years ho received is.boo n yenr, or $21,500. As major general, retired, for thlrty-flvo yenrs ho bus received $5,625 n yenr. aggregating $196,875. As representa tive In congress from Now York for four years ho received $5,000 a year, or $20,000, and ns minister to Spain ho recolved $12,600 n year. Tho ofnclnl appraisement of tho estato of Jacob S. Itogora, tho locomotive builder of Pntcrson, who left his millions to the Met ropolitan Museum of Art. has been filed nt the surrnimte'H office In Patersotl, It SHOWS thn ill hn wns worth a little moro thnn $5,600,- 000. An Interesting thing Is the smnliness of Mm nmnmit of iewelrv he posesseu. Doublo taxes will havo to bo paid on nil tho personal property. Tho stuto of New Jer sey wilt exact 6 per cent on tho wholo of t tils vnlimtlmi. In addition uboilt $500,000 must bo paid under the slate laws providing that no Htock may le transforrou irom me name of a dead nrrson nn tho slock book of a corporation unlrua u tax If paid upon U. es Leader Is practically axiomatic to snv thnt the rnllroad, on n given dny is veritably worth tho sum of tho current valuo of Its stock, plus Its bonds. This simple doctrine wns never better exprescd than In nn opinion of the supreme court of the United Stntes penned by tho late Justice Samuel 1. Miller, by many deemed the greatest Intelligence that Iowa ever gave to tho tintion. Touching upon tho question of how the vnluo of n rnllroad was to be as certained, Justice Miller, in the opinion, says: "When you hnve ascertained the current cash valuo of tho wholo funded debt, atld tho current cash value of tho entiro num ber of shares of stock you have, by tho action of those who nbove all others enn best estlmnto It, ascertained the true valuo of tho road; nil Its property, Its capital stock nnd Its franchises; for theso nro all represented by tho valuo of Its bonded debt and of the shares of Its cnpltnl stock." Tho value of n railroad Is not what equip ment nnd right of way have cost, for such things may have either Increased or de creased In vnluo; nor Is It what It will cost to replace tho same, for with lessening business a railroad may be worth less than replacement cost; tho vnluo of a railroad ennnot bo ascertained by considering either original cost or replacement cost, or gross earnings or net earnings, or nny ono Item of Influence; Its valuo comes from the in teraction ot all elements, and, ns Justice Miller says, In the sum of tho vnluo of stocks nnd bonds, you have "by action of those who above all others can best estimate it," the true vnluo of the road. Governor Shaw has seen lit to Inject tho railroad as sessment question Into tho present can vnss. It Is certnlnly worth his while to consider the argument, not of tho "In dependent" press, hut of so respectnble nn authority ns the mipremo court of thu land a supreme cour which, on other oc casions, tho governor tia held up as n great repository of wisdom. on tiii: it : ri it i:i list. Hear Admiral Seliley Hrm'tim tlir I.i'Kill l.lmlt of Aellxi- Duty. Bear Admiral Wtnflold Scott Schley reaches tho legnl limit of active duty today and goOH on the naval retired list hy operation of Inw. October 9 Is the sixty second nnnlversary ot his birth, hut It Is not likely to bo observed by him ns n holi day, as tho exacting nature of his rase beforo tho court of Inquiry prevents him enjoying tho freedom from euro which re tirement usually brings. Admiral Schley wns born In Maryland nnd graduated at tho navnl nendemy when 21 years old. Ho served during the civil war on various veesels and wns promoted llcutcnnnt In 1SC2. Whllo on tho Wntereo In tho Pacific he nnslsted In quelling nn insurrection of Chinese coolies on tho Middle Chlncn Islands In 1864 nnd pro tected Amcrlcnn interests in San Salvador during a revolution. From 186C to I860 ho was on Instructor nt Annapolis and dur ing tho three years following he was with tho Asiatic squadron when tho Corcan forts wero raptured after sovcral days' fighting, in June, 1871. Schley was mado commander In 1S7I nnd ten yenrs later he commanded tho relief expedition which rescued Grcely. Ho wns commissioned chief of the burenu of equipment nnd re cruiting nt tho Navy department nnd wns mado captain In March, 1S88, commodore In 1893 nnd renr admiral In 1899. Headers nro familiar with his career In tho civil war and In tho war with Spain for the liberation of Cubn. How well ho distinguished himself In both forms n bril liant chapter of American naval history. No less admlrablo Is his record in the servlco In times of peace. An incident of his career which is seldom mentioned re lates to his part In tho Corean expedition and Is recalled now to Illustrate the dis tinguishing characteristics of tho ndmlrnl. The expedition wns ono sent to destroy tho forts which had fired on n surveying party nnd tho ships which wero taking United States Minister Low to Corea to ncgotlato n treaty with tho Chinese authorities, Tho expedition was sent tho last of May, 1871, under command of Rear Admiral Rodgers. Surveying parties sent In small boats up tho Sale river In Corea wero fired upon nnd In consequenco our unvnl forco determined upon tho destruction of tho forts, nttcr wnltlng ten days fonsomo explanation or apology for tho nets of hostility. A party of snllors nnd murines wns lcult march over an landed nnd, nfter a dl almost Impassnblo cou itry, tho forts wore assaulted and captured) June 9 nnd 10. The officers nnd men cngngf d In this attack dls 'adlness nnd courngo playod perseverance, snj highly credltnblo to service. tlio country nnd tho Fivo forts wero enptured nnd destroyed, fifty bnttlo flags tnken hnd 481 pieces of nr tlllery fell Into our hands. Upward of 240 Coreans woro killed nnd a few captured. Schley was an active' partlclpnnt In tho operations. Ho como directly under tho command of Commander L. A. Klmborly, who commnnded tho Benlcla during the ex pedition. In ono part nf his description of tho assault on tho citadol Commander Klm borly, addressing tho secretnrV of tho navy In an official report, says: "Thn citadel wns rnnttired. hn dearlv so. ns the gnllnnt nnd brnvo McKeo, fcjo first to enter over tho pnrnpet, fell yiortnlly wounded with two wounds; ho hni slnco died, nnd the navy hns lost ono of ltirbrav est nnd noblest sons. Lieutenant Comman der Schloy was tho next officer In thn fort, killing tho Corenn who wounded McKeo." In mnklng his rccommendntlon to the 'de partment, Commander Klmhcrly said of Schley; "To Lieutenant Commander W. S. Schley belongs tho credit of organizing tho expe dition and carrying out tho several detail:!, which went far to prevent confusion nn Induco success. His nrrangemont of th boats, his suporintendenco of tho nrlmi's labors on shore, In destroying tho guns nnjl forts, encouraging tho men and setting thQpi n brave example, In being tho second In tho fort with Its storming, ami being in readiness at nil times to render assistance whero most needed, render prnlso unneccs sary. Tho facts of IiIb labors and actions, Judgmont nnd system, speak for themselves. I commend him to your notice." In his own ofllclal report of tbo matter, Lieutenant Commander Schley said In part: "About 12:30 p. ro, tho chnrgo wns made through a dnej). ravine, full eighty feot deep, with 350 sailors' nnd mnrlncs. Tho npproach wns clear of any covering, and tho flro ot tho enemy most terrlfle nnd sovero. Noth Ing could withstand tho men. Tho Impetu osity of tho charge was mot by bravo men In tho fort, who contested Inch by inch, and who fought hand to hand. The honor of gaining the first foothold Insldo tho fort fell to Lieutenant McKeo, who wus at onco charged by tho enemy. But n moment had elapsed until I gained tho Insldo nnd went to his aid In his desporato fight with tho enemy. In a momunt ho fell, mortally wounded hy n musket ball In tho groin ond n spear stab In the side. The same brave one who had spvarcil McKeo rushed upon me, but tho spear passed between my left arm and my body, ami beforo he could withdraw It for a second trial hn was shot dead and fell llfelesg- at wy feet." a "imiviv at nr.KT st n.n. Aliened I'm r pilar n( Hip Cut tn Trier nf the llrnneil A r Heir. New York Mnll nnd Kxpress. The American Sugar Refining compan has Just resorted to nn net which lays it open to tho charge of abusing the power of "monopsly," though It is far from having nn nhsolute monopoly In tho sugar market. It has reduced the price of granulated sugar from 5 to 3'4 cents n pound, to tnk effect only In tho districts supplied in part by the beet sugar factories. In this It U working In conjunction with the "Spreckels syndicate," which hns been credited for some time with tho design of "crushing the beet sugar Industry." Acrordlng to recent reports this Industry has been showing remarkable vigor for an "Infant." Mr. Oxnnrd of the Beet Sunar association was ntely quoted ns saying: "We hnve under wny twenty-eight (new) factories and expect to build nt lenst ten moro this year." In marketing their product tho beet stignr mnkcrs have en tered Into contracts for tho whole nmount nt prices ten points thnt Is. one-tenth of n cent below tho selling price of the "trust" nt the time of delivery, which puts them nt the mercy of thnt powerful organization. They cannot meet this 3U-ce"t rate without suffering severe loss, nnd they must meet It or violate their contracts. A whllo ngo Mr. HAvcineycr maintained thnt granulated beet sugnr could be pro duced for 214 cents n pound, but Mr. Oxnard says that Is "nonsense" nnd quotes tho "unbiased" statement of tho expert of tho Agricultural department that It costs 4 cents, without making nny stntcmont of hii own, Tho sugar refiners enjoy a protection that enables them to maintain a price ono nnd one-tenth cents n pound nbovo thn cost of rnw sugar, which yields a good profit. This they do In tho market nt Inrgn nnd It Is hardly fair for them to mako this ruthless cut to less than cost only whern they come In competition with tho "Infant Industry" which hns mnde such a promising stnrt. It may not help their scheme for getting "free sugnr" from Cuba when con gross meets. n.Mii'MM.n .stim,i:d Tin: tumult. ClrouniMnnccn Surroiinilliiit tlir Orlnlit of n Famous I'lirnsp. Perhaps few persons who on September 19 repeated the words, "God reigns and thn government nt Wnshlngton still lives," are familiar with the circumstances under which they were uttered. Mr. H. M. Dean, a venerable citizen of Nllcs, Mich., remem bers the time nnd place distinctly. In the Detroit Free Press Mr. Dean savs: "The eloquent words of Generat James A. Garfield, so often quoted hy speakers and In newspnper editorials during tho last sad weeks havo stirred tho hearts of many, whllo few of this generation know anything of the exciting occasion which called them forth. They wero uttered In New York City on the morning of April 15, 1S65. "Tho tidings of the shooting of Presi dent Lincoln, bulletined beforo the offlco of every prominent newspaper In the city, had drawn together citizens of every grado nnd complexion until the streets wero massed with nn excited, angry, tearful throng, so that It wns well nigh lmposslblo for a vehiclo to pass. Men suspected ot harboring disloyal sentiments wero hustled hy the crowd nnd forced to hldo them selves for safety. Gallows wero carried through tho streets with ropes dangling from the crossbeams and labeled "For traitors.' Strong men trembled lest somn overt act or unguarded utterance should precipitate a riot. Particularly was this tho caso when tho telegraph flashed the terrible words. 'Mr. Lincoln Is dead.' "At this moment, when the tense of ex citement had Increased to tho extreme danger point, n stranger not yet 34 years of age, but of commanding presence and a full and fnr-renchlng voice, sprnng upon a box standing near one of tho bulletins In news paper row, nnd, raising his arm to com mand silence, said In n slow, measured voice: 'Clouds and darkness are 'round nbout him. Righteousness and judgment nre the habitation of his throne. President Lincoln Is dend, hut God reigns nnd the government at Washington still lives.' "As by magic all angry words ceased nnd tho crowd melted away into sllenco nnd tears. "This man was James A. Garfield, who sixteen years later was struck down by the bullet of an assassin nnd wns mourned by thu whole nation ns our second mnrtyr." "And now, twenty yenrs Inter, our hearts nre breaking over tho passing away of the dearly beloved President McKlnley, mourned by tho wholo world ns our third nnd, plenso God, our last martyr." ciii:i:iiy chaff. Cleveland Plain Dealer; "I hnve n sug gestion to offer for use lu the Schley In quiry." "Well, whnt is It?" "Perhaps the admiral wasn't willing to put tho conl on in order to get tho Colon." Philadelphia Press: "How did you llko thn (luale to my first net?" Inquired tho playwright. "I didn't see it," replied thn first-nighter. "Ah! (lot there too late, rh?" "No; went away too soon," Baltimore Amcrlcnn: "Did you henr thnt drinking song of initio In the last act?'' asked the prima donna. "I thought thnt wns n drlnklntr song." responded tho low comedian, "because It wns such a high bawl!" Somervlllo Journal: First Summer Olrl -If you could spend tho winter Just whero you chose, where would yott llko to go? Second Summer Girl To the Isle ot Man, of course, Detroit Free. Press: "Mrs. Dash, whnt Is your club doing to help beautify thp city?" "Oh, wn nin working hnrd to get the clothing houses to tiso tho word 'trousers' instead of 'pants' in their advertisements." Catholic Stnndard: flicks lie says Chris, t lun Bclenen makes him tired, Ynu should henr him swear nbout It. Wicks Tho Idea! 'Why should ho bother so much nbout It7 Hlcksr-lfii hns to. Iln's tho coroner, you know. Phllndnlphln Press: Teas Did yon notice how thnt man stnred nt mo? , .less Yes, he's a reporter. Tess Hut why should ho stnro nt me sn? Jess-dfo wns probably watching your nose. He's supposed to keep his eye en everything thnt turns up. Till': SI'A.Ki:il IIOOM. I Josh Wink In Ilultlmorn Amcrlcnn. Illendln' 'bout this yachtln' raco, It some 1 how lakes mo hack To when I was n codger in thn town of , Hnekensaek; If. 'minds mo how us youngsters had to steer our courso Just so, Or elso tho storm of punishment would soon begin to blow; An' pu was tho pcrlcecln' bont thnt . sounded wnrnln' calls, ISut mother rigged her spanker boom an' 1 then look out for squalls! Nfow, kids- you lake 'em big or smnll Is' mostly llko u yneht. Tihey're tricky In their movements, nnd They'll never too tho scratch; Tiey need n hand to steer-'em, or tho . courstt they'll never lenrn, Jn like n watch, thn propor way to steer ' 'em's by the siern. An' Hint's why pa's great moral pleas fn I wreckage would often fall, nit mother rigged her spanker boom nnd looked o'Jt for it squall, Tliem tender recollections oftho days that's long Bonn by Irlngs up a happy plcturo to my Intollec- rhul eye - v plcturo of tho gladness that Into my bosom slipped jAieli tlrnn my biggest brother was tho onn ) thnt mother whipped. Sfi, nn this little proverb nil my recollec- (Ion stalls: W hen mother rlgn her spanker boom, you'd UVBl WVft UUl iUr BlUiUlO.