GATES QUITS MARKET. America' * Mont Spectacular Plunge * Ilcflre.s from Wall Street. John W. Gates , America's most spec tacular financial plunger , lias resolved to plunge no more. He lias gone out of business. Wall street says John W. Gates is "down and out , " that he has "lost his nerve , " and is lleelug from the scene of his disaster. Galv > s says he liasn't time to "discuss funny dreams. " His son , "Charley , " says that the head of the house is just going to France for F i year or so for a good time , and that lie will return. A Chicago partner declares - r clares that all the "broke" stories arc -"plain rot ; ' ' "that the 'old man' got cold feet and quit when the stack in 7 .front of him was high enough" using < he vernacular that Mr. Gates uses when he used to "hot a million. " There is one fact in the conflicting reports concerning the multi-millionaire speculator. He has quit business. Wall street knows that fact , for the formal "JiQticc of the dissolution of the firm of Charles G. Gates & Co. was given out Admittedly also the Gates , father and on , are going abroad for a year. Wai ] JOHN W. GATES. street rejoices over those facts. Wall street insists that the father and son are quitting losers in a sliding sum ol from $10,000,000 to $40,000,000. The notice of the dissolution of the iirm of Charles G. Gates & Co. started sill the reports about the financial decline - cline of the family. That was the firm through which the great plunger traded , and it was brought into exist ence to enable him to plunge as he pleased. Sou "Charley" headed it , but father was in reality the firm. The so-called "rich man's panic" that reached its climax Marcft 15 was de clared to have been the cause of the downfall of the Gateses. Consistent bulls always , they are reported to have been caught heavily in that terrible .slump of stocks. 'The Pennsylvania House passed thi bill placing 3 cents tax a ton on anthra cite coal , it being argued that the burden -would fall largely on consumers outside .the State. Chairman Knapp of the interstate com- Amerce commission announced its purpose * o ask the Circuit Court at New York to order E. H. Harriman to answer cer- rtain questions concerning transfers and sales of Union Pacific stock which he refused - fused to answer recently when he was Si witness before the commission. The commission thus seeks to establish ita eight to inquire into such transactions. B. F. Yoakum , chairman of the Roci Island system , in a newspaper interview said that a railroad had no more business so be at the mercy of stock jobbers than A savings bank or a life insurance com pany , and that American railroads should lie as much a public trust as those institu tions. He said the people were not without - -out justification in their belief that the railroads had been , systematically robbing /hem , and that no one was to blame for -.the present anti-railroad sentiment but he managers themselves. As an offset to the raise in grain rates by the Union Pacific between Omaha and Council Bluffs the Chicago Great West ern railroad began hauling grain free -from Council Bluffs into Omaha when destined to elevators on the tracks of the Chicago Great Western and charging only .12 per car when destined to elevators on -other tracks. The Union Pacific charges . $ ; " per car for the same service. The -Creat Western's action will have a far- reaching effect on Iowa grain destined to -Omaha and places the Omaha market on A parity with the Chicago market. Two more attempts have been made to wreck trains on the Pennsylvania rail road in western Pennsylvania and Ohio , -and President McCrea has called a con- --Terence of the vice presidents and vaifcous .division officials to take extraordinary -measures for the suppression of what is .believed to be a desperate band of wrcck- -ers. The detectives say that the motive . .of these crimes is robbery and not the vengeance of discharged employes. A re ward of $5,500 fov mfcjrmatioii leading to the conviction and a much larger secret .reward to employes , has been offered. Counsel for the Great Northern railroad itt St. Paul gave notice that the fine of . $15,000 imposed by Judge Morris for giving rebates on grain shipments would 1)e appealed. The judge imposed $1,000 -on each count , this being the minimum fine. fine.The The 2-cent railroad fare bill passed by the Pennsylvania Legislature and signed by Gov. Stuart is to go into effect Sept. 30 , but the letter from President McCrea of the Pennsylvania railroad to the Gov ernor requesting a veto served notice that the law would be tested through the rourts as to its constitutionality. CLASS RULE FATAL. PRESIDENT GIVES WARNING AT JAMESTOWN. In Exposition Speech Say End of Republic Will Come "When Gov ernment IB In Hand * of Either Plutocracy or 31 ob Instead of All. President Roosevelt's speech at the opening of. the tercentennial exposition at Jamestown was an appeal to national pride to preserve the republic by avoid ing the fatal error of "class rule. " "Other nations have fallen. ' he said , "because the citizens gradually grew to consider the interests of a class before the interests of the whole ; for when such was the case it mattered little whether it was the poor who plundered the rich or the rich who expjoitcd the poor. In cith er event the end of the republic was at hand. "We are resolute in our purpose not to fall in such a pit. This great republic of ours never shall become the govern ment of a plutocracy and it never shall become a government of the mob. "God willing , it shall remain what our fathers who founded it meant it to be , a government where each man stands on his worth as a man and where we strive to give every man a fair chance to show the stuff that is in him. " Avoiding politics , in the accepted sense o the word , he devoted his address to history , reviewing the founding of the nation , giving especial credit to the Eng lish , but calling attention to the fact that the blood of many peoples flows in the veins of the typical American. He then referred to our national problems , saying that the struggles in times of peace are as great and as important as those of war. The President spoke ixi part as follows : At the outset I wish to say a woi'd of special greeting to the representatives of the foreign governments here present. They have come to assist us in celebrating what \yas in very truth the birthday of this na tion , for It was here that the colonists first settled whose incoming , whose growth from their own loins and by the action of new comers from abroad was to make the people ple which 169 years later assumed the sol emn responsibility and weighty duties of complete Independence. In welcoming all of you I must say a special word , first to the representatives of the people of Great Britain and Ireland. The fact that so many of our people , of whom as It happens I myself am one , have but a very small portion of English blood In our veins , in no way alters the other fact that this nation was founded by Eng lishmen , by the Cavalier and Puritan. Let us further greet all of you , the rep resentatives of the people of Continental Europe. From almost every nation of Eu rope we have drawn some part of our blood , some part of our traits. Again , let me bid you welcome , repre sentatives of our sister republics of this continent. In the larger aspect , your in terests and ours are identical. Your prob lems and ours are in a large part the same ; and as we strive to settle them , I pledge you herewith on the part of this nation the heartiest friendship and good will. Finally , let me say a special word of greeting to those representatives of the Asiatic nations who make up that newest East which is yet the most ancient East , the East of time immemorial. In particu lar , let me express a'word of hearty wel come to the representative of the mighty Island empire of Japan , that empire which , In learning from the West , has shown that it has so much , so very much to teach the West in return. First English Settlement. We have met to-day to celebrate the openIng - Ing of the exposition which itself commem orates the first permanent settlement of men of our stock In Virginia , the first be ginning of what has since become this mighty Republic. Three hundred years ago a handful of English adventurers , who had crossed the ocean in what we should call cockle boats , as clumsy as they were frail , landed In the great wooded wilderness1 , the Indian haunted waste , which then stretched down to the water's edge along the entire Atlantic coast. Hitherto each generation among us had Ita alloted task now heavier , now lighter. In the Revolutionary War the business waste to achieve independence. Immediately af terward there was an even more moment ous task that to achieve the national unity and the capacity for orderly development , without which our liberty , our independ ence would have been a curse and not a blessing. In each of these two contests , while there' were many leaders from many different States , it is but fair to say that the foremost place was taken by the states men of Virginia and to Virginia was re served the honor of producing the hereof of both movements the hero of the war , and of the peace which made good the result of the war George Washington ; while the two great political tendencies of the time can be symbolized by the names of two other great Virginians , Jef ferson and Marshall , from one of whom we Inherit the abiding trust in the people ple which is the foundation stone of de mocracy , and from the other the power ADVICE THAT PAID. Clergyman Who Fonnd the Agricul tural Department Reliable. A few years ago a clergyman -who had Injured his health retired from the vine yard of the Lord to 15 poor acres in Pennsylvania. He knew absolutely noth ing about farming. From the different parts of his little field he sent samples of soil to the Agricultural Department at Washington and asked for guidance , and he got it. The scientists were delighted to encounter a man who had no inherited agricultural prejudices to uproot. He was ready to plow according to the rules laid down in the pamphlets and to treat his stock scientifically. The farm , be cause of its good house , cost the preacher $7,000. His own faith in the ability of the Agricultural Department to make it pay , and the friendliness of a parishioner , enabled him to get the place on credit. He has conducted his crops with strict fiedlity to instructions from Washington. The result is that within a few years he paid off the $7,000 mortgage , with inter est , has an accumulating balance in the bank , and is deriving from his 15 acres an annual income of $2,000. The Depart ment of Agriculture has published an ac count of this preacher's remarkably suc cessful experiment , describing his 15 acres as a model American farm. To Pay Women Teachers More. The New York State Senate has pass ed the teachers' salary bill , the object ofwhich is to give the women the same salaries as the men in New York City schools. It is based upon the principle that the position should determine the salaries , and not the sex , but gives the city board of education discretionary powers so as not to violate the home-rule principle. It provides for a minimum salary of $720 , with fixed annual in creases equal for both sexes. SIGNIFICANT SENTENCES BY THE PRESIDENT. The world has moved so far that it is no longer necessary to believe that one nation can rise only by thrusting another down. This is an era of combination alike in the world of capital and in the world of labor. Each kind of combination can do good ; and yet each , however powerful , must be opposed when it does ill. The greatest problem before us is to exercise such control ov r the business use of vast wealth individual , but espe cially corporate as will insure its not being used against the interests of the public , while yet permitting such ample legitimate profits as will encourage indi vidual initiative. The wrongdoer , the man who swindles and cheats , whether on a big scale or a little one , shall receive at our hands mercy as scant as if he committed crimes of violence or brutality. It is our business to put a stop to abuses and to prevent their recurrence without showing a spirit of viudictiveness for what has been done in the past. Quoting from Burke : "If -cannot reform with equity , I will not reform at all. There is a state to preserve as well a ? ; a state to reform. " This is the exact spirit in which this country should move to the reform of abuses of corporate wealth. We are unalterably determined to pre vent wrongdo.ing in the future ; we have no intention of trying to wreak such in discriminate vengeance for wrongs done in the past as would confound the inno cent with the guilty. Our purpose is to build up rather than to tear down. to develop on behalf of the people a co herent and powerful movement , a genuine and representative nationality. Two generations passed before the second end great crisis in our history had to be faced. Then came the Civil War , terrible and I'ltter in itself and In its aftermath , liufc a struggle from which the nation finally emerged , united in fact as well as name , united forever. Oh , my hearers , my fellow countrymen , great indeed has been our good fortune , for as time clears away the mist that once shrouded brother from brother and made each look "as through a glass darkly" at the other , we can all feel the same pride In the valor , the devotion and the fealty , toward the right as it was given to each to see the right , shown alike by the men who wore the blue and by th men who wore the gray. "Prepare to Meet "War. " We cannot afford to forget the maxim that Washington insisted upon , that the surest way to avert war is to be prepared to meet it. Nevertheless the duties that most concern us of this generation arc ? not military but social and industrial. Each community must always dread the evils which spring up as attendant upon the very qualities which give it success. We of this mighty western Republic have to grapple' with the dangers that spring from popular self-government tried on a scale incomparably vaster than ever before in the history of mankind , and from an abounding material prosperity greater also than any thing which the world has hitherto seen. At the moment , the greatest problem before us is how to exercise such control over the business use of vast wealth , in dividual , but especially corporate , as will insure it not being used against the inter est of the public , while yet permitting such ample legitimate profits as will en courage individual initiative. It is our business - nes-s to put a stop to abuses and to pre vent their recurrence , without showing a spirit of mere viudictiveness for what has been done in the past. This Is the exact spirit in which this country should move to the reform of cor porate wealth. The wrong-doer , the man who swindles and cheats , whether on a big scale or a little one , shall receive at our hands mercy as scant as If he committed crimes of violence or brutality. We are unalterably determined to prevent wrong doing in the future , but we have no inten tion of trying to wreak such an Indiscrimi nate vengeance for wrongs done In the past as would confound the innocent with the guilty. Our purpose is to build up rather than to tear down. We show ourselves the truest friends of property when we make It evident that we will not tolerate the abuses of property. We are steadily bent on preserving the institution of private property , we combat every tendency towards reducing the people ple to economic servitude , and we care not whether the tendency is due to a sinis ter agitation directed against all property , or whether it is due to the actions of those members of the predatory classes whose anti-social power Is immeasurably increased because of the very fact that they possesa wealth. "Deeds Not Professions. " We base our regard for each man on the essentials , not the accident. We judge him not by his professions , but by his deeds , by his conduct , not by what he has acquired of this world's goods. Other republics have fallen because the citizens gradually grew to consider the Interests of a class before the interests of the whole , for when such was the case it mattered little whether it was the poor who plundered the rich or the rich who exploited the poor ; In either event the end of the republic was at hand. We are resolute in our purpose not to fall into such a pit. This great republic of ours shall never become the government of a mob. v It is announced from Cleveland that William J. Bryan will make his running for the presidency under.the personal di rection of Mayor Tom L. Johnson of that city , who is said to embody those quali ties that made the late Senator Hanna such a power in the world of politics. James W. Wadsworth. former Republi can Congressman from New York , who as chairman of the House committee on ag riculture clashed with President Roosevelt velt on the meat inspection bill , came out in an interview bitterly assailing the President , calling him a "humbug and a fakir. " Justin S. Merrill of Vermont , who died in 1S9S , held the record , still unbroken , for length of continuous service in Con gress , although Senator Allison is running it very close. Mr. Merrill was twelve years in the lower house , going directly to the Senate , where he remained for thirty-two years. Mr. Allison lias served eight years in the House and Thirty-four in the Senate , but there is a break of two years in his record. To the Washington correspondents the President confided the definite statement that he would favor Secretary Taft for tbe next presidential nomination and that he would so arrange affairs tbat Taft might take the stump in Ohio this sum mer. mer.By a vote of 23 to 5 the Florida Sen ate adopted a resolution declaring the 14th and 15th amendments to the na tional constitution void , and to disfran chise the negro in that State. It was certain that the House would follow suit and that the wbole matter would comt before the Supreme Court "WSECK Off THE PBENCH BATTLESHIP "JENA.1 * f . | 64f : Lying in dock at Toulon a terrific explosion suddenly Wrecked France's great battleship Jena , killing 200 and Injuring 300 of her crew of 030 men. The accompanying picture , made from the first photo received in America , Illustrates what must have been the shock aboard when the mighty magazines gave in three terrific deafening COUNTBY QUILTING BEES. Jolly Partica Help to Pass Away Dreary Days 011 the Farm. Ah , the happy winter quilting bees of Berks County ! Can any one section of the country surpass this iu the joys of one of the most exacting and least re munerative tasks ? asks -writer in the New York Herald at Hereford , Pa. No winter Is a winter in this part of the country without Its quilting bees , where the women's heads bob close over the pretty silken patches and the labors of love are transformed into active rec reation. The preliminary work of making the bed quilt Is usually begun by the grandmother or the school girl , the lat ter of whom readilj * finds an hour of leisure between her study hour and the time she usually retires. The patches for making these wonderful quilts and bedspreads are of every description , and , first of all , they are cut to their proper sixes some tiny , little pieces , often only half an inch square , others In circles , stars and diamonds , and many others according to the ideal taste of the housewife , who may have planned the patterns years before she thrust the first needle through the calico or silk. This flue work necessi tates lots of sewing and it often takes the entire family that is , the femi nine members several winters'to pre pare the patches before the coverlet is ready for the quilting frame. After all the tiny patches have been 'sewed ' together into strips the strips are sewed together and the spread is ready -to be stretched on the wooden frame , where the tedious -work that becomes such recreation begins. The work of quilting a spread takes many days , if only a few women do It at the farmhouse. So the summons goes around from house to house that a "quilting" is to take place at a cer tain neighbor's all day Saturday. Bright and early they make their way to the place , each equipped with a thimble. The mistress of the house furnishes them with neadles and thread and they sit around the spread on four sides and work toward each other. Usually the number Is only limited to the outside space that can be occu pied , and when the -work draws to the center of the spread only half the num ber that started can work. The other half -will not then be idle , as the mis tress has always another job of simi lar nature on hand. It often occurs that half a dozen spreads are completed at one farm house in a single winter , for the quilt ing party is to the women what the fox chase is to the men of the farm. The ladies usually have a very good time , as it occurs at aa opportune sea son , when the farmhouse larder is filled with sausages , fresh meat , scrapple and mincemeat Hence they have lots of goodies to eat ; and , with the fancy cakes and the sweet cider , why shouldn't they be happy ? Nearly every farm wife has a dif ferent -way of how to make her spread ; and thus -we find the "rainbow" quilt , "star" or a "log cabin" pattern , "crazy patch" and "pavement" designs and , finally , the "Jacob's ladder outline , " prettiest of them all. In all these pat terns the color work has to harmonize. Throughout the winter season such events occur every week at one or the other of the farmhouses and the \vork IB part of the social life of the coun tryside. Another pastime which affords lots of amusement is the carpet-rag party holding forth during the winter months among rural folks. All the old rags that accumulate and -worn-out dresses , trousers' and linens are cut into nar row strips and sewed together by the young -women , who gather at an even- Ing's sewing party , while their young man friends sit to the rear and twist the "love strings" upon balls weighing a pound or two ; and , when the evening work is done , they all join in the dance for several hours , to the music doled blasts. Victims met death in fearful forms. Many were blown to pieces and their limbs flung high In the air , others were poisoned by deadly gas fumes , others were crushed against the Bide of the vessel by the expanding- gases. The ship , costing $6,500,000 , was split like a paper box. out by an old-time fiddler : and , -when the dance is over , each maiden is es corted home by her "best fellow , " and you would imagine that the joy of the evening was over ; but It isn't , for there are always hopes that the -week fol lowing will always be just as happy a one at the other neighbor's place. t A BLOW ON THE HEAT ) . | What effect a blow on the head may have upon the one who receives it , no man can predict Stories have been written , the turning-point of which was the recovery of memory lost by such a blow. In more recent tkues instances have come to light through modern psychological treatment in which per sonality was apparently quite changed by a blow on the head. Many a back ward schoolboy , even when apparently eager to do criminal things , has been found to be suffering from the effect of such a shock received years 'before , and to be curable by surgery. Seldom is such a story more thrilling than the true one which changed the life of a young writer who died recent ly in a Western city. From his earliest boyhood he had been incorrigible. He began running away from home before he was three years old , and as soon as he was of school age became a terror to his teach er. He stole from his mother , led oth er boys astray , and by his misadven tures and his habit of going on long journeys with the roughest of tramps , kept his mother on the verge of nervous prostration. Every imaginable plea was tried in vain with him. He made promises only to break them. He seemed unable to resist the mad impulse to vagabondage which impelled him. Several times his parents had him examined for sanity , and the verdict of the alienists was that there was some cause of mental disturbance which they could not de termine. The police of many States came to know hiaa. At last his behavior so wore on his mother that she was driven to Europe in order that she might rest for a time , out of hearing of his adventures. Even iu Europe , however , she was not free from him , lor , tramping through the continent , he encountered her in a pub lic park. No one could have been more disreputable In appearance than the tramp who thus confronted her , but the mother's heart went out to him , and she persuaded him to remain a little while. "At least , " she said , "if you must do this way , let me provide you with mon ey. Let me hear from , you once in a while. Let me know you are safe and well. " All this he promised to do , and kav- ing a desire to see South America , went with her consent to England to embark on a sailing vessel for a tramp through that continent As they lay at anchor in the harbor mouth waiting or clearer weather , a fellow passenger and he stood in the bow , looking out into the fog. Suddenly , without warning , a huge steamship crashed into them , and cut far Into the sailing ship's wooden hull. Spars fell from aloft , and the fellow passenger was instantly killed. The American was picked up unconscious , with a jagged wound in his head where a spar had struck him. He lay unconscious in the hospital for a long time , tenderly nursed by his mother , and then passed through a stage of brain fever. But when the ill ness was over and he was rational and conscious again * a change had been wrought Something had been altered in his brain , and all the passion for vagabondage had left him. He cared for tramping no longer. "I only want to go to work to turn my knowledge of the tramp's world to account , " he said , "so that I may pre vent as many other boys as possible * from going the terrible road I went , " To that end he long devoted himself. * He wrote many stories of tramping days , but through them all ran the not * of sorrow that so many years of his ! life had been lost in disreputable wan derings , Youth's Companion. PEANCE BBOUGHT BACK LIGHT. ! Canned 'Day ' to BanlMh the Night oS the Dark : Agren. Life is a rose that withers in the iron fist of dogma ; it was France that forced open the deadly fingers of the ecclesiastic and allowed the rose to bloom again , and France is In the world's van to-day in her repudiation , of the deadly doctrine that some Bedouin tribes invented in the desert long ago , that life is a mean and con temptible thing and that renunciation : of life Is the greatest virtue. The dusk of the gods thickened in the temples and about the holy shrines where life was praised in joyous procession. Cen tury passed over century , and art was silent ; the beautiful limbs of the lover and the athlete were forbidden to the sculptor and the meager things of dy ing saints were offered him instead. Literature died , for literature can but praise life. Music died , for music can but praise life , and the lugubrious "Dies Irae" was heard .in the fanes. What use had a world for art when the creed current among men was that life Is a mean and miserable thing , and . amid lugubrious chant and solemn pro cession the dusk thickened until the moment of deepest night was reached in the ninth and the tenth and the elev enth centuries. In the fifteenth century the dawn began in Italy , and sculptors and painters turned their eyes toward Greece. Donatello and Michael Angelo replaced Praxiteles and Phidias. But day follows night , as surely as night follows day ; the light that began la Italy in the fifteenth century has been widening ever since , veil after veil has been scattered , and now there is broad daylight in the land of France. Scrib- ner's. Solves the COTT Problem. Spilsonbury had been gratly annoyed by Perkins' cow. Perkins always pas tured the critter on the lots next to his friends' houses , carefully avoiding the empty lots adjacent to his own prem ises. The cow often spent the night in. the open air and nearly strained her own milk mooing at midnight when she was suffering from coldhoof and consequent quent insomnia. Spilsonbury finally sent to New York and bought an india rubber cow that had been made for advertising pur poses. This india rubber Jersey had a foghorn interior connected up with an automatic blower , so that about once every hour she blew a blast that could have been heard from Gloucester , Mass. , to Cape Ann. After dark , Spil sonbury anchored this cow on the va cant lot off Perkins' shed and wound the cow up to go from 11 p. m. on. When the automatic cow first blew off the noise nearly ripped the clap boards from Perkins' barn. All the dogs In the neighborhood took up tha refrain and made more noise than the Sunday school class of bad boys. Sixty minutes later the cow again cried havoc and let slip the dogs of war. war.Perkins Perkins appeared at the window , vis ibly annoyed. In the morning early the cow was led away and the vocal ap paratus turned off. The improvement association then took up the cow question and all Jer-V seys were kept in the shed or sent away to pasture. It was an expensive solution of the cow problem , but the neighbors are sleeping better. Minneapolis Journal , Point of "VI err. If you get yourself in the public eyr And think yourself of note , It's likely that the public will Regard you as a mott. u ' -Philadelphia Ledges , ' -