1ft
THE OMAHA DAILY HEE: SUNDAY, NOVEMBER 15, 1D03.
SOUTH SEA BUBBLE OUTDONE
How the Great American Foblio W&i
Worked t a Finish by Promoters,
HUGE FORTUNES FROM WIND ANO WATER
Tha lt,fl Slack aad Other Trat am
Mera Mad Forlnn Otrr Meat
"From rtillln Uraak to
Philip obr."
Before considering the abuses In over
espitalliatlon practiced by the less pictur
esque but not lews sordid financier who
make the exploitation of railway In and
out Of the took market their one business
In life. It l well to study the consolidation
'erase, chiefly because It culminated In the
formntion of the United State Steel cor
poration. In studying the formation of the Iron
colossus many things will become apparent
-which. If they do not snswer the Block
Kamblers' questions In full, should at least
help the layman to understand much.
Mr. Morgan has been blamed because he
Is a man less Interested In the human side
of an enterprise, as It were, than In the
promotion and financing- of It. Assuredly
he Is not the sort of developing- force that,
for Instance, Mr. Jumps J. Hill Is. But It
Is only fair to point out that Mr. Morgan
has not been called upon to upbuild, but to
finance; and that part he certainly has
done In a big. masterly way. He has his
own surgical methods In times of reorgani
sation. They are not gentle, but there Is
something superbly Impressive about his
Imperious self-confidence, begotten of a life
time's habits of command and accomplish
ment. Very big fees are paid to the
surgeon, who cares little for the patient's
feeling so long as the patient Is discharged
from the hospital cured. With the In
creased wealth of the community things
undreamed of so late as 1898 became pos
sible In 1896 and accomplished In 1900. Mr.
Morgan has known his own business facili
ties for the disposal of the securities ha
has ordered manufactured, and If people
bought them at high prices so much the
better for him and the worse for them.
When a battle Is waged and one side, wins
the other must lose. Mr. Morgan cannot
add a hundred millions to the fortune left
him by his father without the other side
the outside, In the Wall street phrase
losing. But he Is a great man, a strong
man, who loves money less than action and
accomplishment.
Teadeaey of the Times.
The manifest economlo tendency of - the
times was toward consolidations, which are
but the concentration of productive power,
and It Is evident that In union there Is
strength as well as economy. Economists
said at one time that the formation of
this iron and steel octopus sooner or later
had to come, just as they tell you now
that some day the people must face the
Issues created by the new conditions. Tet
the facts show that the United States
Steel corporation was created not In obedi
ence to the "manifest economic tendency
of the times," but to prevent an Industrial
warfare which would have unsettled senti
ment and sent the stock market down;
which would have been very bad for Mr. j
Morgan's plans. He was busy on schemes
affecting the anthracite roads and the
Northern Pacific when Andrew Carnegie
threatened to build at Conneaut the most
complete tube works In the world because
one of Mr. Morgan's pet "industrials," the
"National Tube" trustlet, waa thinking of
discontinuing the purchase of certain
Carnegie products. In the midst of the
most remarkable prosperity ever enjoyed
by this country It looked as if the Iron and
ateel producers were about to engage In
bitter warfare. (
Birth of the Steel Oefepas.
The formation of the United States Steel
corporation checked that movement. It
has been said that If It should serve no
further purpose than to prolong the period
of prosperity a couple of years, as It cer
tainly has done, it has been worth a billion
dollars to the United States. Thus It may
be that Mr. Morgan Was helping every
business man in the country, but he surely
was protecting himself and his enterprises.
It was a very serious moment for him
and ha was fighting with his bnck to the
wall. It will never be known whether Mr.
Carnegie deliberately and premedltatedly
forced Mr. Morgan to buy him out, but
that Mr. Morgan was forced to do so Is
not to be questioned. And he paid a huge
price. Mr. Carnegie gave an option to II.
C. Frlck to sell the entire Caregle plant
for fJOO.OOO.OOa The option was not exer
cised and as a result came the famous
'. "rlck-Camegle suit. This , suit was com
promised by Mr. Carnegie forming a new
company capitalised at (300.000.000. Two
years later Mr. Morgan capitalised It at
over $500,000,000, Mr. Carnegie receiving
something like $300,000,000 In bonds for his
share. To cut off danger from other
souroes Mr. Morgan also gathered In the
more Important of the "truatlets" that had
been formed: Federal Steel, National Steel,
American Steel and Wire, American Tin
Plate and National Tube.
With a capitalisation greater than the
public debt of the United Btates, with a
productive capacity greater than that of
any other nation, the United States Steel
corporation, the embodiment of the "Amer
ican Peril," the greatest example of the
"manifest tendency of the times," was
launched on the stock market. Mr. Morgan
financed it. How It created fabulous for
tunes almost overnight forms the most re
markable chapter In our financial history,
because In It are found emphasized all the
striking features of the present boom.
First Chapter la Steel.
, Governor Flower, the pioneer, mad a
stupendous success of the Federal Steel
company. Strictly speaking, this same suc
cess was the first chapter of the stock mar
ket rplo of steel. He had thrown together
a lot of companies, whose stocks were pur
chased by the Federal, and the shares of
the latter, through his manipulation, be
came readily vendible at high prices,
whereas the stocks of the constituent com
panies had been salable at low figures and
with difficulty at that. It was the same
article more attractively labeled and
freshly varnished with the maglo paint of
greed to appeal to the speculative instinct
though, to be aure, business was good and
rapidly growing better. So shrewd a judge
of Industrial value and so consummate a
speculator as John W. Gate sold out hla
hug block of Federal Sloel very early at
about $25 a share because he thought It
too high! And yet later the shares sold at
$70 and more. Other promoters, including
the sagacious Gates, followed Governor
Flower's lead. Business men understood
the business advantages of combination
but promoters were moved by the desire to
catch the stock buying public and make lots
of money quickly. And so everything was
"consolidated" and one after another the
"truatlets" came Into existence. They were
overcapitalised., of course. The preferred
' Blocks alone more than represented the
value of the plants, Including the good will.
ana ' discounted the economies and bene
Ats arising from conciliation. Tho coin
mon stocks were "water" or the so-cailed
"possibilities of the future." As time goes
on the true value of this lust euphemism la
becoming better known to the public. But
at the time when everybody wu stock
gambling everybody bortf ht to sell out at
a profit. The la.mba have not sold yet
It i generally assumed althout fear of
contradiction that the I'tiiud States Sue'
corporation, was "watertd' la Its tnakuig,
though Mr. Schwab has sworn that th
value of the corporation's property Is what
It Is capitalised for. Two years before, Mr.
Gates, flushed with the success' of his Steel
and Wire trust promotion, had talked of
a billion-dollar combination, and there had
followed a torrent of warnings against
greed-maddened snd success-drunken
plunRrrs. He was considered a wild apecu
lator then; lie Is now a "financier," and Ms
bllllon-dollnr combination is a fart. Three
years sgo ho wrts merely premature. Such
Is the history of many of the big deals of
this boom.
When the t'nltd States Steel organisa
tion was effected and the stock certificates
ready, Mr. Morgan, found himself In the
position of a manufacturer with his ware
houses full of goods. The market for his
goods wss there, but he needed a selling
agent. After a mcr.th's deliberation the
market conduct of tho new shares was In
trusted to James R. Keene, the greatest
stock manipulator beyond all question that
this country ever had. Mr. Keene found
this situation: All the great financial In
terests apart from Mr. Morgan's had
schemes of their own which necessitated
a strong and rising market that. Is, all the
brains and all the money of Wall street
were working together to that end, for
some had had readjustments to make and
all had stocks to sell. For all, the co
operation of the public was a vital need.
The publio had the money to buy securi
ties. It waa rich as never before. But the
Investment buying though great was grad
ual, and therefore too slow to take up the
billions of securities that had been manu
factured. It was necessary that the public;
should be made to buy them, and to that
end there must be created a great specu
lative demand.
Keeae's Woaderfal Campaign.
Mr. Keene, for once In his life, found
himself backed practically by a billion dol
lars. A man who with his own resources.
less than a half dozen millions, had in the
past caused anxiety to capitalists ten times
richer, had no opposition from, the other
leaders of speculation. How he planned and
worked and astounded his most Intimate
friends by the fertility of resource, the In
genious strategy, the courage he displayed
lit his manipulation of steel stocks, Is a
matter of record and remains one of the
most wonderful campaigns In Wall street
It Is true that everything helped him and
thus helped Mr. Morgan. First of all, the
cumulative effect of years of uninterrupted
prosperity; and then It was easy to get all
the drums of publicity to beat for the gi
gantic, "epoch-making" corporation. Politi
cians, knowing this corporation meant
something they had to talk about sooner
or later, hesitated as to what stand they
ought to take, political economists saw
In It the remarkable culmination of a re
markable tendency. Producers and con
sumers of Iron and steel wondered how it
would affect their business. Europe was
growing uneasy. The press of every coun
try In the world printed long editorials upon
the latest and greatest of American ex
ploits. As for our newspapers, their ac
counts of the Billion-Dollar trust, If clipped
and pasted together, would have reached
from the earth to Slrius and there would
have been enough left for a streamer a
million miles long dangling In the mid-
spaca void. The public heard nothing but
Steel! Steol! Steel! The community had al
ready been speculating In stocks. But
this waa the last, the grand push, and
everybody bought stocks, chiefly ateel.
The country had gone wildly enthusiastic
over them. Its enthusiasm spelt millions
to the creators of the "hydrant-headed
monster," as an irreverent Irishman called
the Steel corporation.
Boostlaa- the Price.
Mr. Keen had taken hold of these shares,
which had already been traded In on the un
official excange, th "Curb Market," when
tha common was around $37 and the
preferred around $S7. In tha course of a
comparatively few weeks he was able to
mark up the 'price of each stock fully 15
points which meant an appreciation In the
market value of the capital stock of the
company of JlW.000,000 In round numbers.
Not only this, but and' her Is what
should make students of our national
wealth ponder in one day, at the height
of the boom, Mr. Keene was able to sell
In the open market the incredible amount
of 800,000 shares of th United States Steel
common and preferred stocks, representing
over $20,000,0001 And Mr. Keene, acting for
Mr. Morgan, was Able to put the price
higher, till th preferred sold above $100
and the common as high as $06, because the
publio was stock-mad and Mr Keene knew
how to utilise the madness. He told me
once that he had sold in all, from tha time
It was launched to the Northern Pacific
panic. In reality but a few weeks, some
thing like 750.000 shares! Before the first syn
dicate was dissolved It marketed success
fully the $200,000,000 of stock it had under
written. Tb public took all this. But th
publio did more. The party, consisting
of Messrs. Held, Leeds and Moore, who had
created the Tin Plate, Steel Hoop, National
Steel and other concern received a huge
block of United States Steel In exchange
for their holdings of the constituent com
panies' securities. It was current gossip
at the time that they received something
Preparation for Politics ''"EiJStt'iKwtK
I am asked how It Is possible for a young
man best to fit himself for entrance into
the field of practical politics, and whether
any addition to present university courses
would help him; also, conceding the neces
sity of "machine" politics, how ha can best
learn how to deal with them. I will give
two or three suggestions which have oc
curred to me.
In the first place a man. before going Into
politics as a career, should ask himself
quite candidly whether he Is fitted for it.
No man would go Into law or medicine or
commerce without this preliminary In-
qulry. If the practice of the courts vlo-
lated his moral sense, If the sights and
sounds of a sick room upset his nervea, or
If money-making seemed to him a sordid
thing, he would keep out of the profession
involved. In like manner a man who ob
jects to tha party organisation and the ex
istence of party machinery Is unfitted for
politics aa a career. He may at times do
good as a reformer; but he can hardly ex
pect to have a contlnuoua career of publio
office. For the political party, whether wa
like it or not. has proved a necessity under
the American constitution. This constitu
tion provides for such a complete separa
tion of executive and legislative that each
of these powers ran prevent the other from
accomplishing anything at all. The party
machinery brings the two Into harmony.
It is, In nine cases out of ten. the only
means of getting any government done. A
good man who goes Into politics will recog-
nlie the faults of this machine, and will
try to improve mem; dui n " uujrr... m
Its very existence he will so cripple hla
own powers of work that it is wiser for
him to find a career In other lines.
Amer-
lean Dolltlcs Is a game played under
definite rules', which, though they greatly
need improvment, are. on the whole, the
result of experience. Every leading player
should try to improve the rules as much
as he can; but it a man objects to the game
Itself he Is wiser to keep out of It.
With regard to preliminary training for
Tin who expect to s Into politics after-
ward there is not a great deal to be said,
The methods of getting into politics and
)f slaying iu politics differ greatly In
liSerent localities and with different In-
llviduals, and the necessary training varlea
correHoudiDg !y. But thera ais a few
like $lft00,n! Think of It! Men who,
two-years previously, were not, strictly
speaking, rich, became fabulously wealthy
almost overnight; not because of the mani
fest economic tendency of the times, but
because of the msnlferi ability of the
American people to oiitgamhle any other
people on enrth!
Water Frmrs Into Hard Cash.
These men, being wise, converted their
paper profits into hard cash and then put
some fifty-odd millions of cash, presented
to thorn In the course of a few weeks by
tha American public, Into the very best
"railway proposition" they could find th
Rock Island. There were the junior part
ner of Andrew Carnegie, men like Phippa,
Frlck, Schwab and a score of others, whose
fortunes quintupled in some cases In
creased tenfold In weeks, almost days.
They did not all sell their holdings, but
they sold a small portion. It was enough
to enable them to buy yachts and build
mansions costing three or four millions
each. They made the most exaggerated
type of the new close the stock-market
millionaire. They were the steel million
aires. With the preferred stock selling at
$100 and over and the common at $55, as at
the height of the boom of 1901, the proper
ties of the United States Steel corporation
had a stock market value of more than a
billion dollars. This was obviously th wild
er kind of Inflation, possible only In a mad
boom.' People since then have come to
their senses. They had bought so much
that 'they couldn't buy any more. In th
spring of 1901 they bought all that Keene
sold for Morgan, all that Frlck, Schwab,
Gates, Moore and all the other magnates
sold, carloads of certificates. The company
has 60,000 shareholders today. But lately
the public would not buy so freely. Prices
might rise and they would not buy. Prices
might fall and they would not think stocks
a bargain. Mr. Morgan spoke of "undi
gested securities," and ha ought to know,
for ha made more than anyone else. And
now, on the eve of what so many believe is
the beginning of the contraction In general
business, in the course of which the Iron
and steel trade must suffer, the majority of
the 50,000 stockholders of tho big trust, for
getting the history of tha corporation and
the overcapitalization of It ask what the
mattor may be with the stocks, merely be
cause in the appeal from Philip drunk to
Philip sober there has been a shrinkage of
not far from $400,000,000 in the stock market
value of the United States Steel capitaliza
tion. It measures, this appalling shrinkage,
the degree of tha speculative Insanity of the
great American publio in 1901. The divldenda
on the common stock have just been re
duced to 2 per cent per annum. But on the
same day the directors reduced the dividend
rate they reported that the company had
about 1,100,000 tons of business less on its
books on October 1 of this year than on
October 1, 1912. Men familiar with th Iron
and steel trades and with the company's
business sold the common stock months ago
because it was "velvet" to them It repre
sented clear profit They were foolish not
to have sold their holdings at $50 a share as
others did, but not so foolish a the
thousands who bought at that price.
TABLE ARO KITCHEN
Mens.
BREAKFAST.
Baked Apples, Cream,
Scrambled Kggs, Bacon,
Entire Wheat Gems,
Coffee.
LUNCH.
Cold Duck, Onion and Tomato Farct,
Stewed Fruit, Hot Grape Juice,
DINNER.
Vegetable Soup.
Mutton Pie. Potato Crust
Egg Slaw.
Steamed Apple Dumpling, Hard Sause.
Co fl ee.
Recipes.
Canvssback; Duck Tha canvasbacked
duck may be cooked .like other wild duck,
but nearer to the fire, for on must lose
as little ot the juice and blood as possible,
and it requires rapid cooking to prevent
the fat and liquid from running out. He
must be browned crisp tlmost to burn
ingand served plain, -vlth only salt, pep
per, and crisp, whit celery sticks. Its
own crimson gravy la considered sufficient
sauce by the epicure, who considers it
barbarous treatment to deluge this un
approachable bird with gravies, sharp
sauces, wine, jelly or condiments.
Iij order to enjoy the canvas-back duck
we are also' advised to grill him, serve im
mediately as it must not be allowed to
cool accompanied by celery mayonnaise
and followed by a very dry champagne
frappe. "This Is a course for a king,", re
marks our connoisseur, leaving us In doubt
as to whether none but a king deserves
such fare, or, what Is mora probable, only
those of kingly estate may Indulge in such
extravagant .fancies.
The Redhead Duck This duck ranks next
to the canvasback and is not Infrequently
substituted for the latter, being cooked In
tha same manner. Should you wish to eat
wild duck In perfection, try the two follow
ing methods given by famous chefs: Split
a young canvasback down tha hack, place
things which are of the very greatest use,
and which can be commended to all men
who have ambttlona In this direction.
In the first place, they must learn to
put their thoughts into good plain English.
The ability to write and speak in such a
way that other people will understand just
as soon as possible Is perhaps more vital
In this field than it is anywhere else. It
Is astonishing to sea how readify tha vot-
era will grasp at a good idea If It Is
presented to them without unnecessary en-
eumbrancts. I am satisfied that much of
the alleged reluctance of people In general
to accept the views of college men on
some of these subjects arises from the
inability of college men to express those
views In such shape that they will be un-
derstood.
Next In Importance to a good knowl-
edge of English I should place a knowl-
edge of how to look for facts which are
not generally known. Whether this train-
lng comes through classes in history, or
in statistics, or in political economy, is a
malter of minor importance It may even
come through the use of a Greek diction-
ary, which at times furnishes most excel-
lent practice In this very habit of disco v-
erlnar facts not generally known. The
man wno hM iarned to use any one book
or gr.p 0f books thoroughly will know
how to turn h, hnnd t0 another, and will
f,av, a great advantage over tha man who
n,,,., twenty things superficially and Is
not ln the naDlt ' a"0'"" to the bottom of
anything.
The next Question 1s whether a man shall
xx&n his political life aa a professional or
as an amateur; whether it shall be as a
means of llvehood, or aa an Independent
occupation. As things stand at present,
tn, utter course seems preferable. If
politics Is a man'a only means of llvehood.
tne temptations to Sf 11 his blrthilght for
fc mess of pottage are too frequent. I think
I should advise a man who looks toward
a political career to train himself either
aa a lawyer or as a journalist, and have
one of these two callings to full back on if
politics, goes sgainut him for a time. I
should then advise him to find soma leader
whom he reepects and honors, and attach
himself to this man's fortunes. By doing
to ha can probably learn methods of work
jl e
The Above on Sale at
htm In a heavy double gridiron with the
lnsido of bird next tha fire; press down flat
with the other part of the iron, but do not
bt-ulse the flesh. Let it cook over a strong.
clear flra for twelve or fifteen minutes.
then turn and, expose he breast of tha bird
to the nre Just long enough to brown the
skin a rich, even color, taking care all
through the cooking to lose as llttlo of tha
juice as possible.
To Roast Wild Duck Or try this method
roasting at a rapid fire until crlup and
brown almost to blackness, for twenty-five
minutes. Send to the table at once in heated
covered server. Have previously blaced
before tha carver a silver brasler, or chafing
alsh, with tha following ingredients: Three
glasses of port wine, cayenne, salt, a cut
lemon and cup of good brown stock or
gravy. With these prepare a sauce, and
when the duck is carved roll euch portion
in the hot sauce, place on heated dishes and
pass to the eager and appreciative guest.
Duck a la Americalne-AMallaxd duck a la
Americaine is a duck roasted rare not over
thirty minutes before a brlBk Are, carved,
the best parts kept hot between hot diahea,
while a rich brown sauce is made from
liquor In which the carcass and trimmings
have been stewed .with aromatic herba and
seasoning of salt and pepper. Port wine
and currant jelly are added and the sauce
poured over the duck and served.
better than in any other way. And" I also
think that he is likely to increase his
possibility of independent action; just as
a staff officer In the army often has a
degree of personal freedom and personal
influence on the conduct of large operations
which Is, in the nature of things, Impossible
to a line officer of the same grade.
Jt j, important for any man who goes
nt0 pojiUca to remember that the tangible
work which ne accomplishes as a legislator
OP offlceholder may be very small In
comparison with his intangible influence
llpon public opinion. It Is publio opinion,
after all, which is the main force that
governs 'the country. The work of the
winuinr und th. miniiinti,m i.
secondary. If we were to measure the
effect of campaigns for municipal reform by
their tangible results, we should regard
these results as small in proportion to the
labor expended. A reform administration
comes In for a single term, or perhaps for
two terms. At the end of this time its
friends become apathetic, lLa enemies ln-
crease in number, and things seem to fall
back Into the old channels of corruption,
But they do not fall as low as they did
before, livery campaign for honest politics
has had an educational effect which ln.ta
even when its governmental effect seems
most transitory. A man .who goes Into
politics with high and honorable ambitloria
must never forget that ha can do this
work of educating public sentiment. The
remembrance of this will save him from
aiscouragemeni in tne race of apparent
failure, and will give him that widened
range of vision and Increased steadiness of
purpose which Is necessary to make him
a true leader. In Lincoln s great debate
wUt Douglas he did not succeed ln winning
tha senatorshtp; but he succeeded In the
far more important work of building up
convictions throughout the country whi. h
led to Lincoln's election as president and
to tha successful prosecution of the war
'or th union. There are. of course, few
mrn ln any age or nation who can exert
the amount of influence which fell to the lot
ot Abraham Lincoln. But It Is possible
,0T every man to do on a small scale the
asms kind of work which ba did on a large
acals, and to have at his command a means
Public Influence which Is Independent
lh vicissitudes of elections.
fi v
est! ecuom sotoy is
to be found in the Metropolitan Magazine. There are no writers more interesting
than Maurice Hewlett, W. A. Fraser, Rebecca Harding Davis, William Hamil
ton Osborne, Stephen Bonsai, Alfred Henry Lewis, Clinton Scollard, Ralph Henry
Barbour, Sewall Ford, and most of these are the authors of the 1
'foort Stories
which appear in the November Metropolitan. Its 160
pages (more than in some 25-cent and even 35-cent magazines)
contain only articles of literary merit, and illustrations ot
excellence. And all printed on the finest paper
escriptive ;
Articles
100 illustrations 11 poems; 18 of the best
Etchings, that famous .French delineator of
MAGAZINE for November
K. B. 1USSBLX, PUBUSHJtX, 3 WEST 29TH STRKHT, NEW YORK
nrrrrrtrrrtrtrrrn mmmnfrnmrmnrmmrrtmrrw.
LJSOQ
LABOR AND INDUSTRY.
Six million operatives tn the United States
annually sign pay rolls aggregating $3,000,-
000,000. i , .
Germany produced last year 93,000,000 gal
lons of potato alcohol, largely for automo
bile use.
American newspapers every year pay In
wages tw.000,000 and receive l!40,r00,OQO for
subscriptions and J'J6,OUO,WX for advertise
ments. Secretary of Agriculture Wilson estimates
this year's crop of macaroni wheat at 10,
ODO.floo bushels and that for next year at
25,000,000.
Indianapolis, Ind., labor unions will try
to necure the choice of that city for the
convention of the American Federation of
Labor ln 1904.
It cost $20,000 to- print the lost annual re
port of the secretary of agriculture, which
makes it the most costly government publi
cation in tha world. '
Minnesota farmers at Kenyon built their
own elevator seven years ago at a cost of
$14,000. Their annual profits are more than
the cost of tha building.
Tha New York Central railway carries 4$
per cent of the freight which crosses the
state of New York, while tha Erie canal
carries but t per cent.
The average value of the anthracite coal
marketed last year was $2.&0 a long ton.
Tha amount was 40 per cent lets than that
for the previous year, being less than 3i.
OuO.000 tons.
From newsboy to preacher in five years
Is the record of Rev. George Wilbur Ca
in un of Danbury, Conn. At present he la
preaching to many people who only a few
years ago were his newspaper patrons.
Bishop Allocer of Cebu, the last Spanish
Roman Catholic dignitary ln the arch
ipelago, sailed for Kpaln on the 24th. He
had worked for thirty-eight years in tha
Philippines and was noted for his charita
ble acts.
Our mines, quarries, clay banks and oil
wells yield $1,000,000,000. Our 2U0.000 miles
of railway transport lO.OO.Ouo tons of
original freight, not including duplications,
and pay Ml.uoo operatives, exclusive of of
ficers, $60.ou0,000. I
Two Bulgarian missionaries named Fur
najlff and i'opoff have left Vienna for
New York to tour the United Slates to
raise money for destitute Macedonians.
Both are graduates of American colleges,
the former of I'rlnceton and the latter of
Hamilton.
Some of tha old Nile lakes', which were
formerly dry salt plains ln summer and
covered with a few inches of alkali water
In the wet season, have been reclaimed by
the British government and are now worth
from t-" to $3u0 an acre. They produce
magnificent crops.
Pope Plus X has been the recipient of
many touching proofs of devotion, hut the
most remarkable Is that of Lulgl Crlslofoll,
a barber, who used often to shave tha
pope when he was patriarch of Venice.
Crlstofoll walked from Veniea to Rome. ,
400 miles, to pay bis respects to tha pontiff, j
Extensive repairs have been made on St. ',
John's church, Richmond, Va. The church
Is the Colonial fhurrh and has one of the
most Interesting histories. In It before the
revolution Patrick Henry made his cele
brated speech containing the Immortal
words: "(jive me liberty, or give ma
death."
Tha manuscript of Edwards' famous ser
mon on "dinners ln the Hands of an An
gry God," now ln the library of Yale uni
versity, was writtmi on bKs of pm-r that
had been used for household accounts, and
one side of the paper shows Jonathan K1-
wards to have been Quite human, notwlth. 1
standing- the terrible things written on tha
other side.
The German press In commenting on tha
sewing machine trade In Japan points out
that the importation of American sewing
machines into Japan has increased eleven
fold over that or Germany since ISS3. al
though the American machines command
Touch higher prices than those made in
Germany.
Accordlng to the recent annual report of
the trie Railroad romiianv. more than tit
per cent of the total operating exnensa was
paid by the company to lubor. being dl-
iriDuiea among more man i.t employes.
Uurlng the year the wages of employes
have been Increased to an amount spprozi-
mating tl.2uu.uou.
,,. , x , , . . ,
rrui ul . V?J.d V.Ii,rini.r"".,.f"r i,th.
M, v-BiWi??UrJ'eA"n,.,n
gate university when he was thera and
nowadays rives frenuent demonstrations
of muscular Christianity. j a now cham
pion wreetler of his town, having thrown
all mem Kern of hla congregation who have
tested his strength snd agility. Mr. llo
Lnurin is five f-et four inches tall snd
weighs ItO pounds. He has establirhed a
gymnasium In connection with his church
and is now busy drilling a foot ball team
which he has organised.
examples of Paul Helleu's best Dry-point
feminine beauty! All for 15 cents.
MPOLIXAH
I
'Dr. S. R. Harris, 76 Summer St., Worcester, Mass.
says: One of the very best things in health and
in sickness, and as a preventive of sickness. A
Oodsend in every family."
TOR SALE BY
The Bee
- -
la the standard of office excellence In Omaha. If you
office thee your address is as good a recommendation as
the character of the people with whom you go.
ROOM Bln Pleasant room with good light and was recently decorated.
Tills room Is a very pleasant oftlco bolh winter snd summer. The
rent Includes light, heat, water and Janitor service. Rental price
per month , , gIT.oO
HOUM HtMlThla is the only large room In the building vacant, it
faces Karnam street and Is as handsome a room as thsra is In the
building. Tha suite rnnsluts of a waiting room and (wo private
crhces, so that it would be sdtnlrably suited for two professional
men. It has a large burglar-pronf vault anl is a most desirable
suite of offices in every reect. Xental price per month g.lO.OO
MUOM itltt This room is located on the second noor. It faces the
broad corridor off of the court. It Is the only medium slsed room in
the building vacant and Is a very pleasant, desirable ofilce. Rental
pi Ice per month fiv.oo
C. PETERS & CO..
Rental Agent.
PROBLEM FOR DIVORCE COIHT.
I A prominent judge tieHa res that the mi
Mnrttv of divorces ran be directly treced to
disease. The father overaoiked and cnte-
. worn takes to his home a eumbr counle-
nunrt, and In vain the faithful wife and
fond children wait for the loving embrace,
gnbn tne cltseuxe that remains bioil-n ftum
view makes Its appearance and the poor
victim writhe. In the fetters of deslr.
Great misfortunes have len averted 'Hd
deep grief silenced by taking Dr. liurk hurl's
Vegelam i nmnouiia. it cures tinenm
llm, NettralgiL, Catarrh, Cuii.i,.j ll.in.
Sick Headache. Nervoustiraa. I'm Ipli.it.ini
of the Heart, Klainev and Liver Trout, leu.
Indigestion and sii rlsrutu s of the ritom
ach. it frees the blood of diseano germ
and Imnsrta to tha entire body truth vljja r
ml con'.lnuous health Thirty days' treat
ment -c: six uiouihs' guulaiiUeU tieut
went (100.
NcwspapcrsFrom All Over
OUR SPECIALTY.
snd
Toast
Crispy toast
Is made by split
ting the biscuit
lengthwise with a
sharp knife and
placing in oven
' for a few minutes.
vested
sow
1
'Jk-UCVT?
SOJIT.
ALL OROCCRS
Building:
Qround Floor.
The Bee Buildlnr
Per fceaerHKM, Meet I urunK , f senaslsrraaM.
rues, aaa AM UaasanHy Ssssal Dlscairasa.
NO PAIM. NO. STAIN.
NO STMICTURC. FN If SYRINCK,
A Saur STe, Mt mt Blum . MJ
Bent t aay addrse far $ 1 (W.
IKEHM.t Sc. Mero.VUKLi, OmaSS.
r sua. Os., Uhm, O.
Kill A LOTION AllliN
