7 Commoner Extracts Prom W. ;$ Extracts Prom W. Mr. Watterson's Cartoon. Editor Watterson of the Courier- Journal has devoted so much space to me that no apology ?s necessary for another comment upon his views. Beijing' upon his ape, experience and more extended observation, he has on several occasions outlined what he re gards as the proper course for me to pursue, 'Without questioning1 his good intent or his wisdom on subjects in general, I find it is impossible to follow his advice without abandoning all that I have been taught to hold sacred. In the first editorial on this subject Mr. Watterson's position was criticised as an immoral one. The editorials with which he .has attempted to support his position has more and more clearly de monstrated the weakness of his argu ment. No advocate of imperialism has placed his defense upon lower ground. one who has attempted to defend the administration has shown more complete disregard for the principles and motives that should actuate men, parties and nations. lie says: "In abandoning1 them (the Philip pines) we yield our vantage ground in the far East, which is already become the center of the strife of the powers for commercial supremacy. We make "what the world and the ages will hold - an ignominious and a short-sighted surrender; for we are entering1 upon a cycle of pure commercialism, whose end will witness the survival of the fittest, -and since when was any spirited people in. sensible either to money or empire? Wrong, morally wrong, says Mr. Bryan? Why, on that line, all effort, which has gain for its object is wrong. Out of line with American traditions, says Mr. liryan? Why, every import ant movement from the Louisiana pur chase to the abolition of slavery, might be so described. But, right or wrong, facts; and, as organized body, what -shall the democratic party do about them?" This is Mr. Watterson's argument, lie first assumes that we are entering upon af.ycle of pure commercialism.' Second, he assumes that it is impossible to combat this spirit and, third, he -argues that (assuming his two prophe cies to be true) it is better for the -democratic party to do wrong and prosper than to do right and suffer, lie attempts to disclose what is destiny -and then criticises those who refuse to accept him as an ordained prophet. All through Mr. Watterson's argument runs the theory that wrong is not wrong if it is successful, and that right is not right if it fails. His argu ment ignores entirely the fixed moral principles which should g-uide the individual, the party and the nation, and he also ig-nores the fact that re tribution always follows wrongdoing. lie tells me how I can be a Warwick, if not a king. He does me scant honor when he assumes that I am willing to purchase either position at the ex pense of moral or political principles. It is not my present purpose, however, to discuss his views, for when two men -differ as to a moral question, argumen tation is of little value. Morals are , matters of heart rather than head. If' -argument would keep men from steal ing or from taking human life there "would le neither larceny nor murder, but when a man really wants to steal -or to kill, or, to apply the principles to the present case, wants nothing but immediate victory, and cares not for the necessary but remote consequences, the case is almost hopeless. The object of this editorial is to call attention to a picture which illustrates Mr. Watterson's views better than his pen or mine can do. Judge, the illus trated paper, asked Mr. Watterson to -suggest an idea for a cartoon. In re ply he wrote: -Iraw a picture of baby Jonathan in his cradle asleep. About him are his plaything's a toy kettle drum, marked 'Independence,' a toy cannon marked 'Freedom,' and dangling by a string from his clutched hand a child's balloon, marked 'The Future.' Alove him hover the spirits of Washington and Franklin. Beyond, in the clouds, a vision of domes and spires, spanned by a rainbow of red. w hite and blue. Beneath, the words out of the old song. 'Asleep, I Dream of Love.' 'Draw another picture of a richly furnished apartment and a party at a card table; England and Germany at the right and left of Uncle Sam, who, with calm self-confidence sits in a rock er. Russia, France, China and Japan ranged about. Some exposed cards marked 'Peace, 'Order,' 'lieligion,' 'Humanity. Behind Uncle Sam on the wail appear portraits of Washington, Jefferson, Jackson, and Lincoln, and on the floor a great mastiff, eager and alert and ready to spring, marked 'Pop ular Sovereignty. Beneath this por trait Uncle Sam is made to say "Gentle men, I bank this game.' Under the first picture write 1301, under the oth er 1H)1. It would be difficult to illustrate more forcibly the change that has tak en place within the last two years. It is hard to conceive of a more scathing condemnation of the innovation -wrought by the republican administra tion. From the child dreaming of love to the successful gambler is a transi The London Speaker is guilty of lese majestie when it attempts to speak disparagingly of the right hon orable Marcus A. II anna. The criti cism shows a lack of gratitude as well as a disregard for H anna's feelings for did not Mr. Hanna speak in glow ing terms of the English system of government after his return from Eu rope? The Speaker says: "There is not much to awaken the spirit of national vanity, alert as it is in the states, about a political system in w hich Senator Hanna is one of the greatest and most powerful figures. Not that Senator Hanna is a wicked man. -He is simply a kind of man that Comment. J. Bryan's Paper. J. Bryan's Paper. tion, indeed! The remarkable thinjr about it all is that men who, like Mr. Watterson, recognize the change, should attempt to defend it or should counsel democrats to accept it as final. The question that must occur to every reader is: Is this change necessary? And if not necessary, why should it be submitted to as a matter of destiny? Is freedom only a toy common, and in dependence a noisy drum? Is there no other future for baby Jonathan than the career of a fortunate gambler? Is it not possible to conceive of a repub lic developing and expanding without the abandonment of ideals or princi ples? This doctrine, that virtue and mor ality are good enough for a child but out of place in a man is a monstrous one, and one unworthy of the great brain and big heart of the man who seems to have fallen into the advocacy of it. It is impossible to exp.ggerate the demoralizing influence of such a doctrine; it paralyzes all attempts to instruct or restrain youth. When you say to a young man that a nation when full gTown must throw off restraint, ignore well-settled principles, and plunge into the exciting but uncertain career of a gamester, you cannot blame him if he tells you that the same doc trine applied to him would lead him to discard all the good advice given him in his boyhood. The imperialistic doctrine lays the axe at the root of the tree and attacks every vital tenet of our government and of our religion, and we already begin to see the evil effect of it. The em bezzelment at Havana and the crooked ness at Manila are only illustrations of what may be expected under a colon ial system. If this nation adopts the principle that helpless races can be ex ploited because we are strong, carpet bag officials will not be slow to adopt the same principle and appropriate everything within their reach. Mr. Watterson knows something of the corruption that developed under the carpet-bag reign which followed the civil war, and ought to be able to make iome estimate of the mal-feasance and oais-feasance which can be expected when this nation denies self-evident truths and encourages infidelity to moral precepts. As an individual can better afford to retain his character rather than grow rich by dishonorable means, so the democratic party can better afford to appeal to the conscience of the people, even though it remains out of power, than to enjoy power at the expense of its principles. "What shall it profit a man if he gain the whole world and lose his own soul?" What shall it pro fit the democratic party if it gain power and lose the spirit that has made it in destructible? What shall it profit a nation if its flag floats over every sea and its garrisons terrify every land if, in the language of Lincoln, it loses 'the spirit which prizes liberty as the heritage of all people in all lands ev erywhere?" TLinroln'a Gettysburg Speech. As the survivors of the Mexican, civ il and other wars prepare for the sol emn services of Memorial day they will find loth pleasure and profit in re reading Lincoln's Gettysburg speech. To the veteran it is an expression of lofty patriotism, to the student of ora tory it is a model of brevity, beauty, simplicity and strength, and to all it is an inspiration: "Fourscore and seven years ago our fathers brought forth upon this conti nent a new nation, conceived in liberty and dedicated to the proposition that all men are created equal. Now we are engaged in a great civil war, test ing whether that nation, or any nation so conceived and so dedicated, can long endure. We are met on a great battle field of that war. We have come to dedicate a portion of that field as a final resting-place for those who here gave their lives that that nation might live. It is altogether fitting and pro per that we should do this. But in a larger sense we cannot dedicate, we cannot consecrate, we cannot hallow this ground. The brave men, living1 and dead, who struggled here, have consecrated it far above our power to add or detract. The world will little note, nor long remember, what we say here, but it can never forget what they did here. It is for us, the living, rather to be dedicated here to the unfinished work which they who fought here have thus far so nobly ad vanced. It is rather for us to be here dedicated to the great task remaining liefore us, that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion; that we here highly resolve that these dead shall not have died in vain; that this nation, under God. shall have a new birth of freedom, and that government of the people, by the people, and for the peo ple, shall not perish from the earth. At no time within the past quarter of a century has there been more neces ity than there is now for the lovers of liberty to exert themselves to preserve "a government of the people, by the people and for the people," It is noticeble that all of the repub lican tariff reformers do their best work while congress is not in session. a respectable nei-rhlorhood would be shy of putting on its district council in this country that is to say, there is nothing to distinguish him from an uncultivated, slightly brutal, ignor antly forcible and hard-head vulgarian. Self-confidence and energy rule him, as they should rule a politician; but, knowing all the world of business, he can think of nothing higher. No tra dition makes him bow to men whose institutions are of more practical value than the whole of his experience or teaches him to recognize that the gov ernment of a nation is a field for qual ities of sympathy and imagination and aane idealism.' STOP TINKERING." IS THE MANDATE OF THE REPUBLICAN DICTATOR. go Perfect and Scientific it It Tender What Budi Cava About It Tin Tariff Moat Not Be "Monkeyed" with, fceja Be. The evident difference of opinion amongst Republicans and Republican newspapers on the necessity of tinker ing the tariff to down the trusts or to preserve it Intact In the Interest of those combines, is rather remarkable in view of the fact that the tariff pi rates have hitherto all stood together, only clamoring that their particular trust or interest might be especially favored. Some of the Republican brethren have evidently since the ad journment of congress discovered that their constituents are "against the trusts" and favor the repeal of the schedules that give them special privi leges. Congressman Babcock of Wis consin, who is chairman of the Re publican congressional committee, seems to have heard the voice of the people in his district and probably elsewhere. President McKinley wants to dodge the difficulty by reciprocity treaties which, while favoring the trusts, will allow the foreigners to come in and compete with our pro ducers of fruits, oils and wines, etc., and still protect the manufacturer. This was the arrangement in the reci procity treaty with France which was rejected by the senate. There is another advantage seen by the President in tinkering the tariff by means of reciprocity treaties. It pre vents the matter coming before the house of representatives, where all matters of revenue constitutionally be long, and relegates it to the executive sessions of the senate, which are held with closed doors. Thus the people and their representatives know noth ing about the matter until it is set tled. The Czar of Russia and his executive council arrange tariffs and taxes in this way and its initiation by President McKinley and the Republi cans is one of the strong indications of our near approach to imperialism. Senator Hanna evidently agrees with the reciprocity program, and it is sin gular that on the same day that Presi dent McKinley announced it, on his tour of triumph through the South, Senator Hanna makes a more extended statemer-t of the intentions of the ad ministration in another part of the country. In an interview at Wash ington, Pa., he said: "I am not cheeky enough to endeavor to speak for the Republican party, but I can speak for myself, and as far as I am concerned there will be no tinkering with the tariff. Congressman Babcock's posi tion doe3 not merit serious considera tion. "Although, perhaps, it would make but little difference to take off the metal schedule, do you suppose we are going to do that and allow the Nova Scotia Steel company, for instance, to dump her products into New England? Not much. We may not need the tariff so much any more as far as for eign countries are concerned, but we must protect ourselves against the big institutions which are springing up on our border. "The Dingley tariff is a most perfect work of human ingenuity, balanced on scientific principles. It must not be disturbed nor must there be any changes in our tariff except on a basis of reciprocity." The pretended modesty of Hanna i3 evidently intended as another hit at Babcock for having dared to Interfere in a matter that only McKinley, Han na and the Trusts have any business to meddle with. The balance of the Re publican party, including the Repub lican members of Congress, are evi dently expected to ratify any action that they may desire, reciprocity or otherwise. Hanna tells one great truth in his in terview when he intimates that the tariff is so ingeniously balanced that it is dangerous to disturb it in the slightest manner or it may fall to pieces. All this tempest may, how ever, be allayed when the major re turns from his free trip and take3 Babcock and his following in band backed up by the persuasive eloquence of the steel and other trusts. There In plenty of time to arrange matters; congress does not meet until Decem ber. THE RICHEST TRUST. Thejoriginal trust is so far ahead of its imitators in interest-paying ca pacity and is piling up millions for its shrewd owners to invest in other monopolies. The Standard Oil com pany yesterday, says the New York World of May 8, declared a dividend of 12 per cent, which means a distri bution of 112,000,000. This dividend is payable on June 15 next. Last year at this time the great Oil Trust declared a 10 per cent dividend, or J2.000.000 less than the one decided upon yester day. Since January the trust has de clared a previous dividend of 20 per cent, a distribution of 120,000,000. In four months the Oil Trust has earned $32,000,000 in profits for its stockhold ers, an average of $3,000,000 a month, or at the yearly rate of $96,000,000. Yesterday it was stated in Wall street that the trust would probably pay in all 7ir per cent in dividends during 1901, or $75,000,000. Stock in the com pany yesterday, on the curb, sold up to $SS a share, the highest price on record. The trust is capitalized at $100,000,000 and yesterday's price makes market value of its stock $S42.000.00C. John D Rockefeller jowns 31 cent of the capital stock of the truit. Based on yesterday's tprlce, his holdings are worth $261,020, 000. His share of yesterday's dividend wid be $3,720,000. This vast sum pars ( no tax towards the support of the United States, for tfe tariff tax paid by Rockefeller when he uses a pound of tea or his cigars or Iub tobacco la no more than the tax paid by our poorest citizen that uses these or other necessities or luxuries. The income tax was intended to reach these enor mous incomes, and it must before long be imposed, or all the wealth of the country will concentrate Into the cof fers of these millionaires. THE STEAMSHIP TRUST. The International Navigation Com pany is also to be absorbed by the Mor gan ship trust, and adding the twenty one steamers of this company to those of the Leyland and Atlantic Transport lines, already absorbed by the Morgan syndicate, the combination will have a fleet of ninety-seven ships. This to tal does not include seven ships build ing for the Leylands, four for the At lantic Transport and four for the Red Star line. John D. Rocbeller, says the New York World, who is heavily interested in the International Navigation com pany, 13 said to be behind Mr. Morgan in the absorption of the latter. The steamship combine will be utilized, it is declared, for the joint benefit of the Steel, Copper and Oil Trusts and other industrial combinations con trolled by the Morgan-Rockefeller syn dicate. ' The combination is being perfected, shipping men say, chiefly to allow the Steel Trust to figure with certainty on foreign contracts. Knowing what future freights will cost, the trust can consider them as known instead of an unknown quantity in bidding on bridge and railroad construction in any part of the world. It was stated that the Morgan Rockefeller syndicate organized the Steamship Trust on the understanding that next winter a bill can be pushed through Congress which will enable the foreign-built vessels to come In un der the American flag. This will be the means of augment ing the American merchant marine by a wholesale and ready-made process, beating the slow increase that comes by building in domestic shipyards. The ship-subsidy scheme may also en ter into the syndicate calculations. AMERICAN AND ENGLISH SECURITIES. Some of the 'daily newspapers seem to take an especial delight in befud dling or deceiving their readers on the financial question. Speaking of the sale of bonds in this country and Eng land, one of them lately says: "England offers to sell consols at 94Vi. They pay 2 per cent on par now, which is 2.91 per cent on the sell ing price; they will pay 2 per cent after two years, and in twenty-one years they will be redeemable at par. A month's extra interest is to be paid as a bonus. United States 2 per cent bonds sell at IOC1,." Now, that is a very misleading state ment and was intended to show that the finances of this country are in much better shape than England's are. There Is a vast difference between an English consol and a United States bond. If a man buys an English con sol he gets Lis interest and that is all and in addition the government de ducts the income tax of 6 per cent. If he buys a United States bond he can use it for banking and the gov ernment will give him the full face value in national bank notes, which he can loan to his neighbors at the gov erning rate of interest and receive the interest on his bonds at the same time. Then, again, if he is one of the large favored bankers he can deposit his bonds at Washington for security and get gold for IU full face value. The national bank have over $90,000,000 loaned to them in that way without in terest. Is it any wonder that our bonds are worth more than English consols with IMPERIALISM COMES HICH. High salaries are paid the members and officers of the Philippine commis sion and the officers of the provisional governments established in the Philip pines, says the Washington Star. The secretary of the commission has a sal ary of $7,500 and the members ol the commission are supposed to re ceive a salary of at least $10,000 each per annum and expenses. The treas urer of the Philippines receives $6,000 a year; the auditor, $6,000; the deputy auditor, $4,000; the collector of cus toms at Manila, $G,000, and the deputy collectors, $4,000 each. The director general of posts has a salary of $5,003 and the postmaster at Manila gets $3, 500 and his assistant $2,250. The gen eral superintendent of public Instruc tion receives compensation at the rate of $6,000 a year, and the other prin cipal officers of the archipelago are also liberally compensated. Each of the principal officers is well supplied with clerical assistance. There are forty-eight clerks In the office of the military governor, fourteen in (he of fice of the Philippine commission, thirty-two In the auditor's office and a large force in the customs, internal revenue and postal services. Cease Frauds. Indictments have been found by tt- United States grand jury against five men who carried out the census frauds in Maryland, but the instigators of thf scheme have not yet been arrested and never will be. It is quite unlikely that even these small fry will be con victed. A new census is being tsken by the state for the purpose of con eat ing the frauds and allowing a fair legislative apportionment. Demand for Money. What is this? Money 25 per cent in Wall Btreet and 5 per cent in Chicago. What's wrong? Help, Gage? Heir! Buy more bonds; don't haggle for a cent or two, but buy and buy quickly. M'KINLEY FALLACY. THAT TRADE FOLLOWS OUR BELOVED FLAG late Dark and Godforbldden Flacea Lonsr on Patriotism and short on KconomlM Disappointment Kotod on Kverjr Band. Long on patriotism and short on economics, would be a fair criticism of President McKinley's speeches, for his idea that trade follows the flag will not bear investigation. "We want to 6end the products of our farms, our factories and our mines into every market of the world, to make the for eign peoples familiar with our products and the way to do that is to make them familiar with our flag." That is what the president said at McComb, Miss. It is possible that he wished to convey the idea to his Southern hear ers that men and guns were to accom pany the flag and shoot American goods down the throats of foreigners. It is to be hoped he did not mean that, for besides its barbarity and cruelty, it has not been a success where tried by other nations. But perhaps the president was thinking of the ship sub sidy bill and thus forcing the flag to the front- Hanna thinks that way and it is known that they agree on po litical matters. The fact is that trade does not fol low the flag, our greatest trade is with England and Europe and there outside of our legations the flag is rarely seen. We have had the flag raised over Cuba for some time, two years or more, and we are losing ground Instead of gaining. American manufacturers who looked for a large Increase In their trade with Cuba upon the expulsion of the Span iards, says the Chicago Chronicle, are disappointed and looking around for explanations. The events of 1899 led them to believe that their expecta tions would be realized. The value of cotton goods, for Instance, exported to tie islands, increased considerably and reached over $990,000. In 1900 there was a sudden drop to $297,800, a de crease of more than two-thirds. This was not due to falling off in demand, for importations from other countries increased far more than those from the United States diminished. The like is true in a greater or less degree as to various lines of goods. An explanation which is offered is that Spanish officials collected full du ties on goods from all countries ex cept Spain, but passed Spanish goods practically free when they were suffi ciently "seen." When American offi cials took hold importers expected American goods to be similarly fa vored. Finding themselves mistaken in that respect, they bought less in the United States and more elsewhere, for reasons which are not clearly stated. Probably, however, the reasons were various, such as more satisfactory credit, lower prices and goods better suited to the Cuban demand. As a result we may expect certain classes of manufacturers to appear in Washington lobbying for either legis lation or seme sort of reciprocity treaty which will give them an arti ficial advantage in Cuban markets, but they are surely to be met by sugar and tobacco protectees protesting against any concessions in exchange for the special favors desired by these Ameri can manufacturers in Ctfba. Our Cu ban relations are not settled jet by any means. From this it will be seen that the fallacy of the dogma preached by the president that trade will follow the flag is equal to that other illusion, pro tection, of which the president has long been the high priest. LOOTING IN CHINA, That business missionary, Rev. W. S. Ament, has arrived from China and calls upon Mark Twain to recant his charge of looting, for he says the mis sionaries did not loot, but he explains what they did, which, according to his own showing, looks much like it. "The abandoned palace of Prince Hsi Ling," says Missionary Ament, "was close to the part of the city where the allied troops were quartered, and. therefore, was comparatively safe from the attack of the 'boxers.' For that reason we took possession of the abandoned property. "The prince, who had fled, was a gambler and a prominent boxer lead er. He had left nearly all his personal belongings and the - house was filled with curios. On the advice of judicious friends we took absolute possession of the property, selling the curios and clothing to raise money with which to feed and clothe our charges. We re alized $2,500 for our people. "Another feature of the times that Mr. Twain criticises Is our rade in fuft. We considered the venture a perfectly legitimate speculation. Some of the native Christians went to rich men of their acquaintance and bought up furs, in order that they might not fall into the hands of looting itoldiers. These furs we bought in turn &nd sold at an advance. "In reply to Mr. Twain's statement that the one-third added to the dama ges was nothing short of extortion and robbery, I want to say that Mr. Twain was not conversant with the facts when he wrote his article. The plan "is first broached to Chang Yen Mao the commissioner appointed by Li Hung Chang to settle the claims of the native Chirsltians. Our Idea was tc give the Christians exactly what they had lost and the extra third was col lected for the benefit of the widows and orphans. "In all we collected about $.30,000 in territory 125 miles long by from fifteen to twenty miles wide, and the J collections were made through the Chinese magistrates. There was no objection filed by anyone, official or otherwise, and we could have collected twice as much, but on my own initia tive, the amount was cut in half. That is all that Mr. Twain's charge amountj to." Selling the goods of a man, even 11 he is a gambler and a boxer would b considered here a rather bold perform ance. Dealing in stolen furs is certain ly an unchristian act, but then Rev. Mr. Ament was some thousands ol miles away from home and perhaps hi thought these trifles would never com to light, The fear that the beautifu. furs, for which the Chinese are fa mous, should fall Into the hands of th "looting soldiers" seemed to weigh heavily on the mind of the missionarj and as he saw a chance for larg profit, possibly to be expended for th widows and orphans, he embarked is the unholy traffic, knowing the goodi were stolen. The looting of soldiers is bad enough but the acts of Rev. Wr. S. Ament an an outrage and the church who sen) him to China should promptly dis miss him and disavow his acts. THE COMING REFORM. Municipal ownership, where it has been tried and honestly administered has proved a success, the danger is that the management would fall into the hands of the professional politi cians that Infest most cities, who would demand that ward heelers be given positions for which they are un fit and thus make the service worse un der the city than under the private corporation. The vast amount of money that would be handled in the larger cities if they owned the street cars and the great chances for stealing the proceeds of such a large under taking may be seen from the New York state railroad commissioner's re port for the year 1900. In it we find that 567,144,099 persons were carried on the surface street cars of the Bronx and Manhattan, 323.229.C39 on the sur face and "L" roads of Brooklyn, and 184.164,110 on the Manhattan "L" roads. This makes the. inconceivably huge total of 1.074.537,848 five-cent fares collected from the people of Greater New York last year. This gives $53,726,892.40 as the total yearly expenditure for car-fares within the city limits, the great bulk of it by the the working ptople. Three-cent fares all over the city would reduce that ex penditure to $:!2,236,13.'.44. And that would leave in the pockets of the peo ple, to be saved or spent for other pur poses, the u.ag;nifieent yearly sum of $21,490,75C.&6. And it must not ba overlooked that the number of car fares collected in Greater New York grows much larger every year. There was an increase of 113,000,000 fares ia 1900 over 1S93. HAMMER AND ANVIL. The attempt of President McKinley to arouse the enthusiasm of hi3 audi ences by alluding to "the flag," which he did twenty-six time3 in three days, would indicate that we are soon to be entangled with trouble with som foreign foe. We are tardly over one; war yet, Mr. President; better give us a bit of a rest and allow the war taxes we are still paying to be re pealed. The recall cf Archbishop Chapelle from the Philippines and his journey to Rome is now explained by a cable from London which says: "The ap proaching meeting here of Cardinal Gibbons, Mgr. Chapelle and the arch bishop of Manila is designed to re move the confict that has arisen be tween the Vatican and the United States regarding the sequestration of the property of the monasteries in the Philippines." So there is a conflict be tween church and state In the Philip pines, in spite of the censored reports that everything was lovely there. If China cannot raise the money in- . demnity some of the nations will de mand territory as security. Then will follow the partition of China and the "open door" will be slammed in our face, HOT SHOT. With Hanna and McKinley for re ciprocity, Babcock for free trade in steel, Dick for municipal and govern ment ownership and Grosvner for an income tax, the Republican brethren are able to cater to any taste. Minister Conger may be a poor diplomat and not sharp enough to car ry out the McKinley-Hay Chinese policy, but he will do well enough for governor of Iowa. It does not take much of a statesman for that posi tion, judging by the past, When the ship subsidy bill was be fore the late congress the Republican senators asserted that without the sub sidy it would be many long years be fore the supremacy of the American merchant marine would be restored. Morgan's purchase of the Atlantic lines completely refutes their statements and the subsidy grabbers will have to use some other argument in the next Congress. Some of the newspapers are claim ing that the free trip given by the railroads to President McKinley is part of the rrogram to bull stocks. There is no doubt the railroads are inter ested in the scheme whatever it is. It Is best not to conclude that there 's to be a factional fight in the Re publican party because they do not igree on the tariff reduction. This Is n off vear and a certain amount of In dependence of opinion aids to eatch he granger vote. Slow rivers flow at the rate of three to seven miles an hour. Vvjr . lied