RAILROAD MAGNATES EXCITED
Recent Legislation Brings Ferth
Dire Prophesies.
Tho clamor of tho interstate com
merco commission for a valuation of
railroads as a ImBis for making rates,
has created consternation in railroad
circles and prominent railroad officials
and Wall street financiers, notably J.
P. Morgan, havo visited Washington
and the president. The llarriman rov
elntlons na made in his testimony be
fore the commission ,aro said to havo
started the agitation anow. A railroad
rate based on hto actual value of tho
properties and the earnings and bona
lido Investments is a moot staggqrlng
proposition. Statisticians already are
at work preparing estimates of the
cost to the government and the rail
roads of making a valuation of tho
physical properties. Three states
have made the valuations. They are
Michigan, Wisconsin and Texas. Tho
cost to states for making this valua
tlon was approximately $12 a mile. It
was asserted in a speech made by La
Follette in the Senate that tho total
cost both to tho government and tho
railroad companies for making this
valuation was not to exceed $20 a mile
or a total cost to tho government of
about 5 million dollars. It Is tho leav
en of actual railroad valuation which
is now working so continuously that
is producing the railroad dread so far
as tho national government is con
cerned. The trouble in the various
states is a entirely different story. Tho
railroad stocks for one reason and an
other have gone tumbling of late, but
that might not happen, especially to
some of the granger stocks, if the ac
tual values of the roads could be made
ia basis for rates. It Is in connection
wlth this possibility that the rovela
Itlon of Mr. Harrlman must bo consid
erpd. A. B. Stlcknoy, president of the Chi
cago Great Western railroad, in an in
terview at Washington, discussing tho
railroad situation, said:
"The people are now laying tho
foundation firm and strong for a tre
mendous panic."
Tho great unrest In tho financial
world, President Stickney said, is not
due to the policy of President Roose
velt, but is brought about by "hostile
legislation by the various state legis
latures." Mr. Stickney contended that
the only solution of the railroad prob
lem Is to grant all tho power to regu
late the roads to the federal govern
ment. "I am in favor," ho said, "of all that
President Roosevelt by his public acts
stands for up to this time in respect to
the regulation of railroads and their
Tates."
J. J. Hill, who hasn't talked for sev
eral days, while Harriman has been
(in the spot-light, testified before the
ISundberg legislative committee of tho
Minnesota legislature at Minneapolis,
and declared without qualification that
he would be only too willing to have
the United States government take
over his road. Ho stated further that
if the government should go into the
railroad business, it would be nothing
short of a lottery and the country
would, aw a matter of fact, have an
"elephant" on Its hands.
"Then," said he, "the government
would be obliged to encage In another
lottery to get rid of the elephant."
"Why do you say that?" asked
James Manahan, attorney for tho com
mittee which Is trying to ascertain tho
cost of tho railroads In the state.
"I mako the assortlon because It Is
so," said Mr. Hill. "If the government
hnd charge of all the railroads in the
country Congress would bo kept busy
making appropriations night and day
and tho districts with poor representa
tion and sparso population would bo
loft in the lurch. This would mean
that tho districts In question would go
to seed as far as tho railroads were
concerned, and that tho railroads
would get rusty, figuratively speaking,
and bocomo Icbs and-less valuable."
Mr. Monahan asked Mr. Hill what It
would coRt the government to secure
control of tho Great Northern. The
witness replied that it would cost up
wards of $40,000 a mllo to "repro
duce" the Great Northern, not count
ing exponslve terminals, docks and
other property. Counting all of the
property, he said it would be about
$60,000 a mile "to roproduco" the road.
Mr. Hill used the word "roproduco"'
iguardodly, not admitting that ho
would sell his road for only $40,000 or
$60,000 a mile.
Stuyveeant FiBh,.whom E.-.H, Har-
the Illinois Central railway, fc
opealy altlea wkfc the QasM
interests, which, ea tho facavoflt, t
dicates that there it at taut one
way system which Harrlman canned
take over right away. At a nee!la
of the stockholders of tho Mkwouri-JRsv
clflc in St .Louis yesterday Mr. Fish
was elected a member of the board ol
directors. It has been hinted recently
that tho Misseuri Pacific is eacer to
mako some move to indicate a willing
ncss to acccdo somewhat to publU
opinion. Thcro havo been complakiti
of an Inclination on tho part of th
Gould lino to ovado tho law and it ii
hinted in railroad circles that th
election of Mr. Fish to tho directorate
is calculated to inspire public conft
denco and get into tho good graces ol
tho administration.
it
A representative of the Associated
Press at Binghamton, N. Y., aske
William J. Bryan on his arrival whal
effect the Harrlman and other inves
tigations would have on tho agitation
in favor of government ownership oi
management of railroads. He replied:
"The most interesting phase of th
situation Is the refusal of the people
to lend money freely to the railroads.
The railroad managers say that this it
due to hostile legislation, but this is b
mistake. There has been no hostile
legislation of sufficient severity to Im
pair the real value of railroad securi
ties, whore the railroads have been
honestly conducted upon an honest
capitalization.
"If the investing public Is alarmed,
It is because the railroad managers, In
a vain effort to terrorize the legisla
tures, have carried matters too far.
"It any other answer is needed foi
the hesitancy on the part of investors,
the investigations furnish it, for the
inquiries have shown to what extent
railroad stocks have been watered.
But what Is the alternative? Must the
government refuse to investigate rot
ten management for fear the misman
aged railroad no longer will be able
to fool the public into buying InfMed
securities? Tho sooner the railroads
are put on an honest basis the more
secure will the investing public feel."
Discuss Harrlman's views
Railroad men in Chicago do not
agree entirely with E. H. Harrlman's
views regarding the physical aspect of
the railroad of the futuro Asked to
express his views regarding the future
railroad, B. L. Winchell, president of
the Rock Island, said:
"It would seem to me that if all the
railroads In the United States should
be changed at once into six-foot gauge
roads we would be troubled with even
a greater car and power shortage than
exists at present. The first six-foot
gauge road would find itself in a pret
ty unfortunate predicament. How do
you think it would get its traffic to
other roads and the traffic of connect
ing lines to Its own rails?
"There are, however, many things
to be said In favor of a broader gauge.
There is the element of greater safety;
it would be possible to use blggor
cars, and with bigger engines wo could
haul greater loads. If, however, we
arc to seriously face changing the
gauge of our railroads I do not soo
where tho money is to come from.
"In fact, there would not bo money
enough in the country. Every bridge
would have to be rebuilt and every
car wo now have would bo useless.
The 5 billion dollars which James J.
II111 says It is necessary to spend in
the next five years accomplishing the
transportation necessary of theetaoln
transportation necessities of the coun
try woiild bo an infinitesimal amount
If we are to adopt a six-foot gauge."
Daniel Willard, vice president of the
Burlington road, said:
"I do not care to criticise Mr. Harrl
man. Regarding electricity I believe
we all think that at some futuro time
it will supplant steam as a motive
power. I hardly bellovo our railroads
will have to bo rebuilt In the next ten
years."
"In general, I agree with Mr. Har
riman," declared C. A. Cloodnow, gen
eral manager of the Alton road, "ex
cept that I do not look for a broader
gauge. The changing of tho gauge
would involve, I believe, too much in
the way of reconstruction of structures,
tho gradual substitution of electricity
for steam, but am of the opinion that
this will take much longer thau ton
years."
Even tho burglar would have aomo
trouble In breaking a deadlock;
.DrlvewayB Coachman's habltH.
That author seems wlBest who' tells
us tho thlncs with which we agreo.
tHC USINItS MAN.
President Roosevelt's Opinion of
Him as Expressed in His
Latest Book.
4 4 4 J f
The American business man Is of a
peculiar typo, and probably tho qual
ities of energy, daring and resourceful
ness which havo given him his prom
inence In tho international industrial
world find their highest development
In tho west. It is tho merest truism
t say that In tho modern world Indus
trialism Is tho great factor In tho
growth of nations. Material prosper
ity Is tho foundation upon which every
mighty national structure must bo
built.
Of course there must bo moro than
this. There must be a high moral
purpose. A life of the spirit which
finds its expression in many differ
ent ways but unless material prosper
ity exists also there Is scant room in
which to develop tho higher life.
Tho productive activity of our vast
army of workers, of those who work
with their head or hnnds, is the primo
cause of tho giant growtli of this na
tion. Wo havo groat natural resources
but such resources are never moro
than opportunities, and they count
for nothing if tho men in possession
hnvo not tho power to take advantage
of them. In snob development lnwa
play a certain part, but individual
characteristics a still greater part
The prlmo fnctor in securing In
dustrial well being Is the high average
of citizenship found in the community.
Tho best laws that the wit or man can
devise would make no community of
thriftless and idle men prosperous.
No scheme of legislation or of social
reform will ever worlc good to tho
community unless it recognizes as
fundamental the fact that each man's
own Individual qualities must bo tho
prime factors In his success. Work In
combination may help, and the stato
can do a good deal in its own sphere,
but in tho long run each man must
owe his success In life to whatever of
hardihood, of resolution, of common
pense and of capacity for lofty en
deavor he has within his own soul.
It is a good thing to act in combin
ation for the common good, but it is
a very unhoalthy thing to let our
selves think for one moment that any
thing can ovor supply tho want of our
own Individual watchfulness and ex
ertion. Yet, given this high average of indi
vidual ability and Invention, we must
ever keep In mind that it may be nul
lified by bad legislation and that it
can be given a chance to develop un
der the naost favorable conditions by
goed legislation.
ONLY ONE "BROMO QUININE."
That is L AX ATI V 13 BROMO Quinine.
Similarly named remedies sometimes
deceive. The first and oritinal Cold
Tablet is a WHITE PACKAGE with
black and red lettering, and bears the
signaturo of B. W. GROVE. 25c.
Even the Society for the Prevention
of Cruelty to Animals wouldn't objoct
if you wore unkind to tho train hog.
PILES CURED IN 6 TO 14 DAYS.
PAZO OINTMENT is guaranteed to
cure any cbbo of Itching, Blind, Bleed
ing or Protruding Piles in G to 14 dnys
or money refunded. JiOc.
A woman applied to tho Eton Union
guardians in England, recently for tho
wooden leg which was worn for years
by her uncle, who died In the work
house. Her request was granted, and
the woman took the leg homo with
her.
Catarrh Cannot Be Cured
with LOCAL APPLICATIONS, as
they cannot renoh the seat of the dis
ease Catarrh is a blood or constitu
tional dlaeaHe, and in order to cure it
you intiBt taka internal remedim.
Hall' Catarrh Cure is taken internally
and acts directly on the blood and
mucoue surfaces. Hall's Catarrh Cure
lu not a quack modiclno. It was pre
scribed by one of the host physicians
In this country for yoars and is a regu
lar proscription. It in composed of tho
bst tonics known, combined with the
beat Iblood purlflora, acting directly
on the mucous surfaeeB. Tho perfect
combination of the two ingredients is
what produces such wonderful results
in curing catarrh. Sand for freo tes
timonials. V. J. CHENEY & Co., Props, Toledo,
O.
Sold by Druggists, price 7Gc.
Taka Hall's Family Plllo for constipation
PUTNAM FADELESS DYES
eler mare aeete arlsHUr ens' fatter solars than nut ather if. One 1t seeKes oelara silk, weal ana' saltan aqually well and U suarMlMjl te aha urtsst jssaa
Ask raur arusslst ar we wUltend partial ailK a asekiM. Write teHrae feaalTaVHaw la Ore, BJeeoli ana- Mix Oelsra. ' Mf H00 CO,, WhkTMi
R i tXTa rs"()irircaTiTn ."TTtoTd" "Fort Lyon,
In Colorado, Is to bo preserved as an
historic relic. It will bo repaired and
put in condition for use in connection
with tho government hospital for con
sumptives there.
13 WEEKS FREE
Or 15 Months for Only $1.00
The Kansas Farmer
I Tho "olfi reliable" Kansas Faumbr,
cstiibllHhed in 18G3, tho boat genuine
agricultural weekly paper in tho West.
It solves tho problems for th,e bimy
farmer. It helps and intrrcHtn every
member of tho farmer's family. It has
12 reirular departments. Ita contribu
tors are expert authorities. It contains
24 to 32 pages each week. Sent on
trlul three months freo. Tost it. Clip
the coupon bolow.
THIS KANSAS IWHM1CK CO.,
Topeka, KauiNrta.
I accept your trial offer to new
nuhpcrlbcrs to send me tho Kansas
Paiimku three months free. At the
ond of the three months I will eith
er send $1.00 for a full year from
that date or write you to stop the
paper, and you are to mako no
charge for tho throe months' trial.
Name.
P. O.
BROOKS' NEW CURE
BrooVi' Appliance
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THE CREAMERY TRUST
Ship Us Your NextOan
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Cream Separator
ABO pounda to 500 pounds capacity, guaranteed to be the equal of any stand
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Think of saving 135 on a separator by co-operation.
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fahmehs oo okrativi oriamcry a supply o,
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JPILES
Send for
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CADUCDC 10 TO 30 PROFIT SOME
rAnmE.no guaranteed SIT
To these who use a Wonder Oraln drader for preparing seed. This la NOT A FANNIN
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WRITE TODAY. LINCOLN, NEB.
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SMOKE YOUR
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FARMERS.
Gives Meat Sweot Wholesome Taato. 715
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your town wrlto direct to manufneturers.
smolced flavor. HYSOM REM
TRY THE
a ceat of money no deposit not oven a reference. You wear tho glasses in yUrig
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beat glasses you ever aaw at any arice
I f the elasBcs for anv reason do not suit
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pasttive that you oan nee better with Trasigat Spectacles than with common glai
that I want to send a pair especially fitted to your eves on iajrs' frea trial.
tor tester today., TXUSIGnT 'SPECTACLE CO., 623 Aaasas
DR. COE'S
SANITARIUM.
tOOATI) at ten
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THIRTY ROOMS for nooommodatlon of patients.
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DISEASES OF WOMEN KA'S
of women. Many who have suffered for years
cured at home. Spoclal book for women FRED
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Now restorative treatment for loss of Vital
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CONSUMPTION BOOK
A mIiuUo lnk whkh tell. SENT T7D17 M?
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Ynk.rimn I ,('nri I n. , 1144 WiltrSt. Vlmini,Slf Ii.
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live I n
tnlnuitwklh
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J. S. G. Hushes, M. VnfflSffiflSP
The Publishers Newspaper Union.
K. C, Mo., Lincoln. Nob. V. X, No. i
VARICOCELE
Safe. Palnles. Permit no m euro QUAIAMTEXB.
U) years' experience. No money HCcepled until
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OK C.M.COE, QI5VM. KsniasCIKMo.
BHBMawaaaHHaHHaanaa
As soon ns a ninn knows hotter thsn
to tnlo n mnn home with him without
warning his wlfo, It is n auro sign thM
tho honeymoon ia over.
!? 4M to MtUa.
UftPMSI
$56
ONLY
CURED WITHOUT THE KNIFtt
FUtula, FlHsure. Weeding, Itching. Uloertotlon, Coasttoaf.oa
nnd all Hectul Ulkessoe n Specialty
Specialty, torn uuaranstaa.
llonltlnt.
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ST. .LOUIS, MO. KstublUdiod la SU Louis U1IM.
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cent Mottle Cures 275 Pounds of Meat.
E LIQUID SMOKE.
tl. Sold by nil DrugglatB. If not sold In
Cured meat with PY-UO has ye olden
EDY CO., Lincoln, Nebraeka.
M
FREE
I Wast f Praya to Tom That Tf,
light Saactaclaa Ara tha
eit Ton Ever Ware.
Simply Send Me Yr Nj ,
I will send you ray perfect TrusJfn
Eye Tester with which you ca tM
your own ayes as well as tho moil
skilled optician. Wben you retu
the tester with your test 1 will i
vou a pair of Genaint Trail
C 1 M . '
Spectacles tnat will surely tit yeu mm
6rdays' free trial. I won't ask far
send me only $1 and the glasses are yetafsV
vou it vou don't believe them to be the heal
3
