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Conservative * 5
HAW YISAIl IN IKON.
The first hnlf of 1890 is probably the
most remarkable period the iron indus
try has experienced. The production
has boon increasing constantly since the
beginning of the year , except that spec
ial conditions reduced the pig iron out
put for a few weeks in the winter.
'With a largo increase in the furnace
product the demand has taken it all
and drawn down the stocks on hand to
almost nothing. The advance in prices ,
says The Iron Ago , was slow during the
early months of the year. In the spring
prices started up violently , and in the
past six weeks the makers have boon less
conservative than they were in the winter -
tor , "and have been marking up prices
more rapidly and with greater jumps as
their capacity became sold further into
the future and consumers' necessities
appeared to increase. " The most sub
stantial increases occurred during Juno.
At the beginning of the year all manu
facturers of iron and steel who were
near enough tidewater to make it prac
ticable wore soliciting foreign orders
under the impression that they would
need them to keep their works busy.
As the event proved , the country had no
finished products to spare , and the re
suit of filling foreign orders has been to
create a shortage in the homo market.
Consequently plates have doubled in
price , and wire rods and steel billets
have followed closely , carrying with
thorn a long train of other products.
Prices of steel rails and beams have not
advanced so rapidly as prices of pig
iron. For loading iron and stool pro
ducts The Iron Ago compiles the follow
ing table of prices a year ago , at the
beginning of this year and now , supple
mented by some comparative figures foi
189,8 :
January , and manufacturers' stocks
and warrant stocks had boon diminished
J5G.OOO tons during the five mouths.
Railway World.
IIKKEUITY ANI > TRAINING.
The human being born , in the United
States , to neither poverty nor riches has
opportunity , with brains and honesty ,
for the highest and happiest develop
ment of the intellectual and emotional
nature. Heredity is an inexorable law.
By it are transmitted physical defects
and mental and moral traits. No
amount of discipline or instruction can
make a philosopher or statesman out of
a born fool. There must bo mental and
moral forces , inherited from ancestors
of brains and integrity , in any individ
uality out of which it is possibld co
evolve useful and strong character.
Nurture does much , but Nature does
more in constructing the possibilities of
a human career.
Duty of I'aronts.
The old-fashioned teaching that child
ren owe all obedience , respect and con
sideration to parents is now somewhat
out of date and parents often defer to
the caprices of the children whom , by
over-indulgence , they have made selfish
and inconsiderate of the comforts and
convenience of all those about them , re
gardless of ago or relationship.
There is no crime of which a parent
can bo guilty which will roach further
into the future , with baleful and blight
ing power , than the crime of rearing
children who are not taught and dis
ciplined in self-reliance and in self-do-
nial. This world will neither respect
nor nourish with kindly care any man
or woman who is incapable of taking
care of himself or herself. There is no
These prices are generally higher than
those of the same date in 1892. At the
end of June of that year Bessemer pig
was worth $14 in Pittsburg , steel billets
were $28.50 , wire rods $21.50 , soft
steel bars $1.65 and tank plates $1.75
Steel rails and beams were a lit
tle higher then than now , but one
would have to go back to 1890 to find
prices generally as high as those now
prevailing. The statistics of furnace
capacity will probably show an increase
for the mouth of June. On the first of
June the furnace capacity was 18,000
tons a week greater than on the first of
respect or affection , of permanency
for any human being who acknowledges
incapacity for mental or physical ott'or
for the purpose of self-support. The
personality which is not taught , trained
and inducted to self-helpfulness and dis
ciplined to victorious self-reliance ii
this contentious world had bettor never
have been born into its conflicting pleas
ures and pains. No father nor mother
no matter how great their fortunes may
be in mere money , has any right in tin
republic to bring up a child in absolute
indolence. The fortunes fly away
And those who have been reared in
dloness , and totally dependent upon
others , become charges upon the general
mblio. The paupers of today are those
vho were roared by wealthy parents
and taught no solf-rolianco. The pau
pers of tomorrow will bo the children of
; ho wealthy of today who will have boon
> rought up without work without solf-
reliance and self-helpfulness. No par
ent has any right to rear a child in in
dolence. It is cruelty to children to indulge -
dulgo them in luxurious idleness and it
s a crime against the community.
Solf-HuHpcut.
A personality , which after years of
indulged indolence and luxury , realizes
that it is incapable of voluntary self-
denial , self-support and self-defence is
equally incapable of self-respect. And
without this , life is a misfortune , a bur
den to be cast away in crime , or suicide.
Hereditary trend and ability have much
; o do with human success and happiness.
But the best bred trotting colt in the
United States will uovor develop his
speed except by training and discipline.
What is true of horses is likewise true
ofhumaus. No-matter how woll-bred ,
no woman and no man will develop into
useful adult life who has not been re
pressed , encouraged , trained , disciplined ,
as to self-reliance and self-denial in
childhood and youth.
A CONSOLIDATION VISION.
The railroad reporters of the Now
York dailies have had a busy week of it.
Each vied with the other in an endeavor
to provide the biggest railroad consoli
dation , and from a working alliance be
tween the New York Central and the
Pennsylvania they finally succeeded in
perfecting , to their own satisfaction ,
three gigantic transcontinental lines ,
the Now York Central , the Pennsyl
vania and Baltimore and Ohio being the
Eastern divisions of these systems. It
mattered little to those writers how
much or how little truth their articles
contained ; all that was required of
them was to have their stories bear ear
marks of plausibility. And this they
succeeded in doing admirably. Of
course there is no truth in these articles j
the writers themselves knew that , but
competition among railroad reporters is
as keen as it is among the railroads
themselves. The desire for a "boat"
probably started all the talk that has
been heard on this subject. That some
such scheme as has boon outlined in
those various articles may ultimately be
realized is not improbable , but the time
for its materialization belongs to the
distant future , not to the immediate
present. Railway World.
The respectable pseudo conservative
is the faith of the corruptionist and the
joy of the boss. On days of election ho
walks up to the captain's box and set
tles according to the dictation of the
boss.
