6 The omaiia Daily Bee 13. JKOBKWATBIl, EDlTOItt PUBLISHED EVEItY MOItNINQ. TERMS OP 8UBSC1UPTION. Dally Uee (without Sunday), Ono Year..S.OO Dally Bee and Hundny, Ono Year..; 8.0) illustrated Uee, Ono Year 2.00 Hundny lice, Ono Year 2.0) Saturday Hco, Olio Year l.OO Twentieth Century Farmer, Ono Year... l.W DELIVERED BY CARRIER. Bally Heo (without Sunday), per copy .... 2c ally Uco (without Sunday), per week ....12c Dally Uco (Including Sunday), per week. .17c Sunday Bee, per copy Be Evening Bee (without Sunday), nor week.loc Evening Iico (Including Sunday), per week .. Complaints 6f Irregularities In delivery should bo addressed to City Circulation De partment. OFFICES. Omaha Tho Uco Building. South Omaha-City Mull Building, Twen-ty-flfth and M Streets. Council Blurfs-10 Pearl Street. Chicago-'1640 Unity Building. New York Temple. Court. Washington 601 Fourteenth Street. CORRESPONDENCE. Communications relating to news and edi torial matter should bo addressed: Omaha Uce, Editorial Department. 1JUS1NESS LETTERS. Business letters and remittances should ho addressed: The Uee Publishing Company, Omaha. REMITTANCES. Remit by draft, express or postal order, Bnyablo to Tho Uco Publishing Company, nly Z-ccrit stamps accepted In payment of mall accountH. Personal checks, except on Omaha or eastern exchanges, not nccepted. THE UEE PUBL1HIIINO COMPANY. STAT E M ENT O F C I RC UL AT ION. State of Nebraska, Douglas County, us.: Oeorgo U. Tzschuck, secretary of Tho Uco Publishing Company, being duly sworn, says that tho actual number of full and complete' copies of Tho Dally, Morning, Evening ana Sunflay lleo printed during tho month of December, 1901, was as fol lows: 1 no.ioo n :io,ooo 2 :to,oor ig :io,:ioo 3 ,.,:io,:i:io 19 io,n 4 :io,:ih 20.. 1 :io,iio 5 :io,tro 21 :io,7oo c i....:io,:iio 22 :to,nio 7 UO.SMIO 23 SIO.ISO 8 ...:io,:ioo 21 ito.iso 0 'to,:t:io 23 :io,tio 10 ;w,i 10 26 Ho.rsoo U..... :i(),iH(t 27 :io,uto 12 o,roo 23 :to,r.io is no.ir.o 29 :io,mo u :m,r.-to 30 :io,4-to is :to,:too 31 :io,42o 10 :w,to Total s iii:t,2nr Less unsold and returned copies.... 10,008 Net total sales t:i:t,ir7 Not dally average :to,ioi GEO. B. T.3CHUCIC. Subscribed In my presence and sworn to boforo me this 31st Jay of December, A. D. 1901. M. U. IIUNOATE, (Seal.) Notary Public. A enstern coal mining company has pouo broke. Its olllcers enn now npprecluto hotter how ninny people foci wlip nro compelled t6 buy conl. The city nilvlsory bourd linn entered Into n contract for Ice for the coming Bcasou at ?8 per ton. This Is 11 decidedly cool proposition at this midwinter sea son. Omnlia needs n market house, but It must'bc commctiHurato to the demands of a city of Its population and preten sions. No chlckeii-coop box will 1111 the LIU. The fight 011 tho Northern Pnclllc and Burlington merger does not seem to pro Tent tho Burlington from annexing other railroads to Ml, the gaps in Its trans misslsslppl system. What Is tho county treasurer going to do about tho Interest earned on deposits of county money for tho coming year? Why should not tho county get Interest on Its bank balances as well as tho city? Ono of tho' principal issues of the pending campaign In the Choctaw coun try is tho many, varied ,and extensive fees paid to nttorneys. Possibly they have been having somo bank receiver ships down there. People who fall to sco the lino dlstinc-' tlon between tho man who steals $5 aud tho man who steals $500,000 may not be expressing themselves very loudly upon tho Bartley pardon, but they aro doing a heap of thinking. Tho president has colled for tho resig nation of another prominent federal of ficial for violation of tho civil service law. A fow object demonstrations will bo more effective than volumes of verbal declarations and public speeches. There Is no position within reach of on American citizen greater than that f president of tho United States, except that of president of nn international ex position. For tho next year that exalted position will bo held by tho Hon. D. It. J-Yimcls of Missouri, U. S. A. Congressman Mercer and Mayor Kelly of South Omaha havo been In close con ference fixing up a defensive and offen sive alliance. That ought to settlo It. Mercer -will generously glvo Kelly a sec ond term as mayor if Kelly will glvo Mercer a sixth term In congress. Nebraska teachers In attendance upon tho meeting of their state association havo remarked upon the absence of Su perintendent Pearso this year'. They should know by this tlmo that Mr. Penreo Is too busy running the Commer cial club and building auditoriums to de vote his tlmo and attention to educa tional matters. Tho Jacksonlan club will hold Its ban quet on tho Kansas City platform used by tho late democratic national conven tion. Tho platform will bo hauled to Omaha In sections on flat cars expressly constructed, and chnrtered for tho occn lion. Upon tho tonstmaster will devolve tho' arduous task of placlug tho bamjuet orators each upon his own appropriate plank. Almost, $0,000,000 was clipped from tho public debt during the past month. A couplo of mbuths at tho most will bring it below tho billion dollar mark) and, with peaeo and continued good manage ment, nien(now In public llfo enn reason ably hope to see tho bonded debt almost languished. Whllo congratulating yourself and the country over such a condition, please remember that every dollar of the debt has been paid cither by .republican administrations or uuder the operation of revenue lawa enacted by, republicans. XElillASKA AND DAKOTA VAItOUKS. On tho first day of January Governor Savage Issued mi unconditional pardon to the defaulting state trensilrer of Ne braska. On tho following day the gov ernor of South Dakota Issued an un conditional pardon to n defaulting county auditor of South Dakota. Tho statu treasurer of Nebraska was convicted of deliberately appropriating to Ills own use a stnto warrant amount ing to over $180,000, whllo his nctunl defalcation would exceed $750,000, with the Interest computed to the end of Inst yenr. Tho defaulting auditor of South Dakota was convicted for mutilating public records to cover a shortago of less than $5,000. The Nebraska governor commuted tho sentence of the Htntu" treasury wrecker from twenty years to three and one half years. The South Dakotn governor commuted the sentence of the defaulting county auditor from live yenrs to two nnd one-fourth years. The exercise of executive clemency to the South Dakota defaulter was pre ceded by the restitution by himself and his bondsmen of every dollar that ho had embezzled. The exectttlvo clemency extended to tho Nebraska embezzler was exercised without the repayment of a single dollar by the embezzler himself, who Is reputed to hnvu In his possession thousands or dollars of tho surplus from his lawless depredations, whllo the bondsmen who agreed to mnko good the loss Incurred by tho state havo shown no disposition to reimburse the stato for Its enormous loss. In the exercise of executive clemency the governor of Nebraska pretends to have acted upon, a- petition signed by tho benellclurles and side partners of the embezzler and a sympathetic class of people who sign petitions Indiscrim inately, whllo the South Dakota gov ernor acted upon tho recommendation of tho Stato Hoard of Pnrdous. Tho contrast between the South Dakota pardon and tho Nebraska par don is so striking that It scarcely justi fies further comment. STUKFKll'S LATEST KXHIMT. State Treasurer Stuefer has published a statement of receipts and disburse ments for the month of December, with an exhibit of the amounts In various depositories and the amount of unin vested schobl funds, which flguro In his bnlanco sheet us cash on hand. Tho ex hibit Is satisfactory except so far as it tends to creato tho false Impression that the treasurer hns scrupulously refrained from depositing school money In tho banks. Mr. Stuefer Is credited with good busi ness qualifications. Ho Is responsible Individually, aud the sureties on his bond have guaranteed to protect tho state against loss of public .funds in his custody. Nobody lusldc or outside of tho stato houso would suspect Mr. Stue fer of being so reckless us to hnve kept In the unguarded vault nt tho state houso the $1207,000 of bnluuce In the school (und lii September, or tho $18,000 of uninvested school mouey In his cus tody on tho first of December, nor does anybody believe that hp would be will ing to run tho risk of leaving $1L,000 In cash in that viiult during tho month of January. In view of tho disclosure made two months ago that Mr. Stuefer had drawu checks on Omaiia banks for $80,000 of school money, these monthly statements of Bchool money In tho vaults of tho treasury appear like a mere subterfuge. Mr. Stuefer might as well own up that the school fund balances nro on dopusit In banks and nobody will blamo him for telling the truth, providing tho state Is given the benefit of the interest paid by tho banks. OVKR-CAPITALIZRD TRUSTS. Tho fatal effects of ovcr-capltnllzatlon hnve received striking illustration by the tecent collnpso of tho Asphalt Paving trust and the llnunclul embarrassment of tho Everett-Moore Byndlcafo which owned nnd controlled a number of ur ban nnd lntcrurban electric railways and nn extensive system of local und long distance tclcphouo lines In Ohio nnd Michigan. Tho Asphalt Paving trust, .orgnnlzed within tho past eighteen mouths, by parties who had acquired a practical monopoly of asphalt paving in the principal cities of tho country, was cap italized on (i fictitious valuation based ou futuro profits, 'und tho securities Is sued by the corporation were planted among credulous Investors who confi dently looked orwurd to fabulous divi dends for an endless succession of years. But when the Asphalt trust was confronted with the demand made upon Its treosury to meet tho Interest on out standing bonds It discovered that tho pumoters of tho trust had overshot tho mark aud through their Inordinate greed hud forced the concern Into liquidation. In this fatal termination of Its short lived existence tho Asphalt trust only furnished a repetition of tho disasters tl)at had overtaken tho first Whisky trust, tho Cordage trust and scores of other ovct'-capltallzed corporations that had relied upon their absolute control of markets and prices nnd on the coin pleto destruction of competition to enn blothoni to gather' In enormous profits. The Everett-Mooro syndicate, which Is tottering on the verge of bankruptcy, has also been tho victim of reckless over-capltullzatlou. Tho nggregate cap italization of tho vurlous 'properties owned and controlled by this syndlcnto is $130,000,000. It is exceedingly doubt ful whether tho cost of construction nnd equipment of these electric railways and telephones exceeds $30,000,000. In other words, about $100,000,000 of water hns been Injected luto tho suburban electric railway and telephone octopus and capitalized In the shape of stocks aud bonds. Whllo these properties aro reputed to havo n largo earning capacity and would doubtless pay from 10 to -'0 per cent Interest ou tho money ncttiully In vested, the uct earulugs. have been In- THE OMAIIA PAIL hulllelent to meet tho fixed chnrges created by Interest on fictitious capital ization. Had these properties been cap italized at their actual value, say $30,000,000, a 10 per cent Interest charge would require net enrnlngs aggregating only $3,000,000 u year; but capitalized at $130,000,000, a fixed charge of 5 per cent would require the properties to produce net earnings of $0,500,000 nn nuully to pay the Interest charge aloue. At n capitalization of $30,000,000 the electric road aud telephone syndicate could have floated along comfortably and paid 10 or 15 per cent Interest, but at n capitalization of four and otic-half times that amount It has as a natural consequence been tumble to meet Its ob ligations ifnd is being driven to tho wall. The most dnmuglng result of such over-valuation Is the destruction of pop ular confidence In corporate securities and Investments and general destruction of credit tlEFOHMS IN T1W M111W STATE. Tho annual message of Governor Odcll embodies ninny recommendations 'that must not only commend themselves to tho people of the Empire state', but will be emulated by tho lawmakers of other states. The key note of Governor Odell's message Is economy nnd revenue reform. Ills chief aim Is to bring about the1 abolition of direct tnxntlon and the raising of tho funds necessary to meet the expenses of stato government and the maintenance of stnto Institutions by u tax levied on all mortgages recorded In the statu nnd a tax levy on all frnu chlsed corporations. It Is estimated that a 5-mlll tnx on mortgnges would alono, yield an Income of $3,000,000 n year. The proposition to Impose a tax upon mortgages will doubtless meet with vigorous opposition. It may bo assumed that no mutter how the tnx Is levied It will full upon the borrower, since the lender will, In every Instnnce, deduct from the amount of tho loan the sum needed to pay the mortgago tnx. That certainly would be tho effect If such u tux were Imposed In Nebraska, al though, under our fitate constitution, no discrimination can be made in the as sessment or taxation of nny cluss of property, hence no special tax co'uld bo levied on mortgages. The remedy proposed by Governor Odoll to meet tho evasion of tax laws by corporations Is 'thnt locul assessors be given authority to compel corpora tions to furnish lists of stock holdings, but a still more effective measure would bo to compel publicity by corporations of their financial operations for the year preceding the assessment. Another Important suggestion In the message relates to the taxation of com panies Incorporated In other Btatcs. Under existing laws the shares In such corporations are not taxable in the hands of a citizen of New York, nnd In iisniuch us tho great majority of cor porations aro Incorporated in Delaware, New Jersey und adjoining stutes for tho solu purpose of evading taxation, tho governor very properly recommends the enactment of laws that -will compel them to pay for the protection thut tho stute und municipal governments of Now York glvo them. Tho governor's recommendation in this respect is thut foreign corporations doing business in New Xrk shull bo required to file a certltlcnto of their Incorporation nnd pay an annual tax of 1 mill per dollar us a franchise tux. Governor Odell nlso recommends that tho divorce laws bo amended so that the decree shall not bo absolute until six months after It Is granted. This Is tho law In Nebraska. Ho ulso recom mends thnt where relatives or friends of Insane persons uro able to support those clnssed as hnrmless insane thut they shull not be made a burden on the stute. Whether the Now York legislature will carry out these recommendations Is problematic, but It niuy safely be pre dicted that tho Albany lobby will ex hibit unusual activity during tho legis lative session. Cuptuln McCalla Is devoting his share of the prize money secured In the Span ish wur to tho erection of a sailors' club house lu Sun Francisco. The captain's case Is a good illustration of the fnct that It Is lu strenuous times thnt men come to really understand one another. From tho enlisted inuu's point of view probubly no otllcer in tho navy was so uupopulur us Captain McCalla, but his conduct during the wur, and subse quently lu China, has made him an idol of tho scumuu and this latest uct will add to their admiration. The trial has demonstrated that under tho gruff ex terior Is a soft spot and the man who ouco uurrowly escuped being cashiered from the service Is really a credit to the service. v The now board of education will ftftd a very pertinent pointer lu an editorial on the need of genuine reform In the management of public schools and the necessity of Judiciously pruning the sys tem, published by a Chicago . contem porary, which declares: Tho 'school fads cost a largo proportion of tho money raised for schools. When tho school authorities find that they havo not Income enough to pay for tho expense of overy fqd and freak they adopt they cry out at once that schools In the lower grades must be discontinued, or the young pupils dismissed, or the schools bo mado less effi cient In Borne other way In the lower grades. They never think of lopping off nt tho (op. hut they always plan to cut off somo necessary roots from which tho sus tenance for the healthy growth of tho en tiro school system Is derived. Tho proposed erection of a flro engine houso lu the Jobbing district Is doubtless deslrablo, but It Is a serious question whether two engine, houses are ueeded lu tho lower end of town. In view of the limited levy for thoHro fund It would soen .practical ecoupmy to vacate tho Tenth street engine houso and transfer tho force- to tho new location us soon as tho building Is completed. It Is nn open question- however, whether better ST BEE: SATURDAY, protection can be assured by the bnlltl Ing of a new engine house rather than by tho acquisition of additional modern lira equipment The Interstate Commerce commission, which Is about to hold a session lu Kim sus City, proposes to create a sensation by mnklug the grain elevator men nnd tho grain denlers tell.why they get lower freight rates than the ordinary grain shippers. We apprehend tho prospects of u greijt sensation by such disclosures is about jis remote as the tremendous sensation which was to have been created by tho disclosures to the grand Jury lu relation to those "well defined rumors." Recent efforts of eminent medical men to project themselves Into public notlcd by alleged discoveries 6f the elixir of llfo would indicate that the ethics thnt prohibit doctors from paying for their advertising we're not estab lished In vain. If these medicine men who havo been getting so much free advertising had paid for It at regular space rates they would have been ta booed as quacks, i Several eastern railroads have Issued notices that employes aud olllcers of other lines will have the privilege of purchasing half rate tickets, but under no circumstance will nny person con nected with another road, from presi dent down to tho olllco boy, bo given frco transportation. This Is a hard blow to thu railroad presidents, who will be entitled to relief by a liberal increase in their salaries. Another llnnnclal bubble has burst. The syndicate which attempted to con solidate a large number of street rail way companies on a capital composed chiefly of wind has been unable to meet its engagements long enough to unload on n gullible public. This Is moru fortu nate for the public than" such collapses usually are, for tho promoters cenerallv get out und leave the lambs to bo shorn alone. The now ,postmaBtcr general has, de clared himself In favor of greutly ex tending the rural free mall delivery sys tem, While much has already been ac complished in this direction, It Is hardly a beginning on tho Immense Held. Whllo tho cities aro entitled to the best of sen-Ice, the country must not "be neglected. Chancellor Andrews expresses the opinion that the free text book system Is not needed 1n tho public schools above tho grammar grades. Tho chancellor's experience as school superintendent In Chicago ought to enable him to speak on such n subject with some measure of authority. In Its Senile Days. , Kansas City Journal. uw uuiiiuwiKMb fcj U UUUtt DVCUJB III bo in as feeblo a condition as tho demo- no figure in "Tuesday's election. i Great American I'eraaader. Washington Star. Among the circumstance that have tended to thin tho ranks of populism Is tho fact that a largo number of former advocates of the doctrine have since mado money in oil or stocks. A IOiiesonie Pronpect. Now York Vrvorld. Thero Is ono man who will find It, diffi cult to swear off on tho first. This Is Gov ernor Shaw, who ' Is said to bo an ab Btatnor from drink, tobacco, profanity and all tho minor vices. It looks as If ho wore going to find It mighty lonesome In wicked Washington. Fine Bunch of Leader. Washington Star. Thera was at ono tlmo a disposition to rank Iowa as a fitting thomo for bucolic jest. Dut with two cablnot officers In Mr. Shaw and Mr. Wilson, an eminent and In fluential member of the senate In Mr. Alli son and tho speaker of tho houso of rep resentatives all hailing from within Its borders, Iowa has moro than ordinary right to bo honestly proud. Go 'Wax Hack and Smoke. Philadelphia Press. Speaker Henderson descrvos the thanks of tho country for his courage In enforcing tho rule of the house which prohibits smoking whllo tho houso 'is In session. It has been a great discredit to our national abuse of representatives that smoking has been carried on -more or less while the house Is in session 'and when Iho galleries have been packed with visitors, a large proportion of whom were women. Speaker Henderson does well in topping that dis courtesy. Yankoniunln Succeed AnKlomnnln, Indianapolis Journal. Anglomania, or a disposition on tho part of a tow persons In eastern citing to turn up their trousers when it Is reported to bo raining in London, has, , according to a writer in the Jnnuary lssuo of the Forum, largely disappeared. Now, however, the conservative tlrlton Is alarmed at what may bo designated ns Yankomanla, or the adoption of American ideals and habits by tho English. "The American question," meaning everything American, from tho Spanish war to American trade expansion, Is the topic dlscussod with nover-ondlng In terest. I.arue Men from Small Tamil, New York livening Post. ' Wo havo great reaped for the country banker who has carefully studied broad questions and worked ' out sound con clusions and who often understands far better than tho qlty-bred man tho feelings of tho peoplo and the best way of com manding their approval. The nation Is to be congratulated that a president may look to a small town llko Dalton, In Massachu setts, with only 3,014 Inhabitants, or Denl son, In Iowa, with but 3,046, for a man worthy to succeed the Chicago bankor who Is about to rotlro from public service at Washington'. A Illllton-Dollnr Country. Chicago Chronlclo. Tho New York Stock Gxchango record for 1901 was moro than 247,000,000 shares, as against tho "phenomenal" total In 1900 of 137,000,000. The bank clearings of tho eighty-six large cities of tho United States amounted to ;US, 000,000, 000, a gain of about 38 per cent over the preceding year. As stock transactions and bank clearings aro both an unfailing chronometer of business conditions, the year that has Just closed was the high wator mark of national pros, porlty. Tho pages of J902 are wide and marginal, however, and may contain twelve months hence a story of even greater prosperity. JAN U All Y t, J 902. PANAMA Oil MCAHAOI.Af Ualtlmoro Aracrlcnnt Thero nro mnny other, ndvnntoges In favor of Panama which can bo found recorded in tho commission' report In fnct, It has bocn asserted that tho report in fnvor of Nicaragua was for tho purposo of forcing tho Panama company to sell at a reasonable price. If evpr ibusl- ncss considerations should prevail, It should bo In n matter Involving such a vast ex pendituro of money. Philadelphia North American: The Islh mlnti Cannl commission estimated definitely anil spcciiicauy the cost of building n Nlcnraguan canal at J1SD, 000,000, but beforo tho work Is even ordered to bo begun wo find senators and representatives regarding It as a Job and figuring on nn expendlturo of nnythlng from double tho estimate to a round billion. Even a member of the com mission, nn expert engineer, In quoted as saying that ho cost of tho canal may be unlimited. New York Sun: A saving of $1, 300,000 In annual charges Is 4 per cent on a capital of 32,C0O,O0O. Adding to this tho Item of $5,630,700 lu favor of Panama In tho cs tlmatcd cost of completion, we actually find that the Panama route would lie $38, 130,000 cheaper than the Nicaragua route, providing the Panama property Is acquired by tho United States for J40.000.000. This would not bo conclusive- ns between tho two routes; but It certainly would Inspire further consideration on tho basis of the now figures. I.oulsvlllo Courier-Journal: Tho engineer ing estimates have been drawn up nfter very careful Investigation and may bo ro lled upon. Incidental questions must arise as to cost, but It would seem thnt tho cheaper mnlntcnanco of tho Panama route entitles it to favorable consideration. Either Is practicable, but the Panama being only nbout n third of tho length of tho Nlcarngua gives It nn advantage that can not bo Ignored. Besides, In tho opinion of a great many engineers It Is tho better of tho two routes for engineering reasons. It follows, therefore, that tho offer of tho Panama stockholders ought to bo carefully consldorcd. Boston Transcript: Tb.ls now opportunity comes at tho eleventh hour, perhaps, but It comes beforo the other project has been definitely adopted. "It the campaign of education can havo tlmo for development," says our Washington special, "with a ppcclflc Fronch' proposnl to work on, there is still a fighting chanco for the triumph bf common sense." The commercial bodies and political organizations of tho country should Insist that nothing bo dono hnstlly undor present circumstances. Tho conso quences of a mlstnko would bo too mo mentous to bo lightly contemplated. Tho force of sentiment has hitherto, doubtless, been with tho Nicaragua route. Tho pre ponderance of expert testimony Is all tho other way. Attempts to Jam through con gress a definite canal bill, without knowing what wo were, doing or whero wo wc.ro going, havo been wisely defeated, and rash hasto now would bo less Justifiable than ever. POMTICAIi IMl I FT. Perry Belmont Is making a warm cam paign In a New York district for a vacant scat In congress. Tho election takes place next Tuesday. A statistician flgurca tho chances of an Americnn boy In politics reaching tho presi dency to bo ono In 30,000,000 A Doys, look for another job. Thero will be no chanco to throw a stock Jobbing chargo at tho mayor of Now York during his term. Before taking tho oath of offlco Mr. Low disposed of all his hold ings, amounting to $200,000. Among United States government rocelpts last year wero $2,965,000 from tho sale of public land, $76,000 from penalties collected for depredations on public lands and $232, 000 collected from the tax on sealskins. Thero has been some controversy as to the Identity of the' youngest momber of congress, but thero is nono as to tho oldest In either branch. That distinction in tho scnato belongs to Pettus of Alabama, born In 1821, and In tho houso to Grow of Penn sylvania, born In 1823. When tho solons of Pennsylvania looked over tho ruins of tho burned capltol at Harrtsburg a couplo of years ago they concluded a $500,000 building would main tain tho dignity of tho stato. Tho latest plans submitted call for a $5,000,000 struc ture, and It is likely to rival Now York's costly pllo before it Is finished. The state in which there aro tho least number of government pensioners Is Ne vada, In which they number only 275. There aro 800 in Wyoming and 850 in Utah. Ohio and Pennsylvania togother havo 210,000 only 10,000 loss than the total number of persons engaged In tho federal servlco of the United States nt homo and abroad. 'Connecticut is to consider amendments td the present antiquated constitution of tho state and a convention will rfeet in Janu ary for tho purposo. Of its 169 delegates, 121 aro republicans and 44 democrats. Thero aro two prohibitionists and two lndopondont. Thoro nro 32 lawyers, 56 farmers, 25 manufacturers and .56 men of other callings, Including two clergymen nnd four physicians. Secretary Hay was born in Illinois, Sec retary Gage in Franklin county, Now York, Secretary Hoot In Oneida county, New York, Secretary Long in Maine, Secretary Knox In Pennsylvania, Secretary Hitchcock In Alabama and Secretary Wilson in Scot land. The last is tho only member of tho president's cabinet who Is not a native-born citizen of tho United States. Postmaster General Smith was born In Connecticut. Mayor Low of New York boltevcs pub licity In municipal affairs is a good thing. On taking office last Wednesday ho said to the newspaper men: "It Is my desire that tho newspapers bo afforded overy oppor tunity to Inform tho public abrfut the acts of my administration. I believe in publicity in regard to municipal affairs, and I want the representatives of tho newspapers to feel free to come to tho mayor's office to ask about any mattors In which tho peoplo of tho city may bo lntoreatdd." . rum.iciTr Von thu tiiusts. S)'Nnmtlu Scrutiny N'rceHMury for flenernl Gnnil. St. Louis Republic. In the figures now presented by tho Now York Journnl of Commerce, showing tho total capitalization of all Industrial con solidations tn the United States to approxi mate $6,600,000,000, thero 1b found addi tional rei.son for Insistence upon publicity of trust affairs for tho protection of In vestors and tho general public. To securo obedience to equity and law, the vast businesses carried on with this glganllo capitalization should bo subject to systematic scrutiny. The consolidated cor porations In question enjoy certain privi leges which legitimately subject them to supervision similar to that of tho affairs, of banks. They should be required to mako sworn stntoments of their condition nt regular intervals. Tho ovll of ovor-capltull-zatlon should be guarded against by ac curate public knowledge of tho value of the properties and business capitalized, Tho peril of the present system of trust capitalization Is plain. The general public Is in profound Ignoranco of trust conditions. Investors necessarily take undue chances when they buy trust securities. Thero should be at least a reasonable guarantee of snfety to Investors as well as to consum ers. This guarantee must be found In pub licity, as one measure of regulation, OTHKIl l,AJil)K THAN Ot'ltS. Tho movement among representatives of capital and labor In tho United States to promote better relations between these In dustrial forces by conciliation and arbi tration gives timely Interest to Australian measures having llko ends in vlow. tin llko tho movement in this country, that In Australia has tho force of law. In New Zealand arbitration has for somo years been enforced by law and this law has formed tho basis' of tho Australian measure. It recognizes Industrlnt unions of both employers nnd employes, but provides that only tho registered undo union can be rcglstored ns nn Industrial union of em ployes. Thp president of tho court must bo a Judge of tho supreme coirt. Every care has been taken to mako tho court nn Independent nnd dignified tribunal, Its powers nro very largo nnd no appeal lies from Its decision. Every Industrial dlsputo can be referred to tho court by tho union or tho rcglstrnr. Orders of tho court may bo enforced, ns In Now Zcnlaud, by Injunction or by fines nnd penalties levied ou tho corporate funds of tho union nnd on Individual members, but thoy are nlso cnforcbnbto "upon the declaration of n common rule." This gives tho court power, to declare that any practice, usage, condition of em ployment or Industrial dealings shall, with such limitations and exceptions as tho court may declare, become a common rule for nil persons employed In tho Industry undor rcvlow. Provision has boon mado that tho legal machinery of tho court shall be as clastic as posslblo, so thnt It may bo adapted to tho varying circumstances of each trade nnd thus, tho court will become In time tho regulator of tho main conditions of employment and will nlso watch that these never fall bolow those which prevnll In tho best-conducted establishments. Tho court has nlso power to declare n stand ard wage and to direct that other things being equal an employer shall give n pref erence to unionists when two or moro men nro npplylng for employment nt the same tlmo. Tho German government has Issued an edict dealing with tho question of domestic slavery In South Africa. Tho object of tho edict Is to pavo tho way for tho nboll tlon of slnvcry, and, for that reason, Its regulations nro duo to tho fifteenth section of tho code for tho German protectorates. Thoro nre seven sections In the edict, which provides thnt neither by salo of a man s self, nor by salo effected by rela tions, shnll a relationship of slavery be henceforward established; that every do niestlc slave bo empowered-to terminate his stnto of slavery by payment of a sum of money for his redemption; (tho amount of this sum shall be decided by the competent admlnlstratlvo authorities, who shnll give him a certificate of emancipation); that every domestic nlavo shall bo permitted to work for himself during two days In tho week, or to uso for his own purposo tho corresponding proceeds of his labor; that the master of a domestic slave Is under obligation to maintain him and provldo for him In old ago and sickness, (this obliga tion Is not canceled by emancipation granted during tho period of old ago or sickness); that tho transfer of the rights of ownership can bo accomplished only with tho consent of the slave; (beforo ac cording assent, tho authorities shall care fully test tho legality of tho ownership, and tako hec,d that members of tho same family shall not bo separated without their consent); that the rights of ownership shall bo forfeited in tho event of fho owner's committing any grave breach of his duty toward his slave. Section 7 reads: "Offenses against tho Drovlslons of this' edict shall be punished by a fine' not exceeding 600 rupees or by imprisonment for a period not exceeding throo months, except In those cases where a heavier penalty is Incurred by vlr'tuo of othor law," Tho speech which tho French, prlmo min ister, M. Waldcck-Itolisseau, delivered in tho French Chamber tho other day In oppo sition to tho proposal to suppress tho bud get of public worship, or, In other words, to stop tho salaries or tho clergy, was a noio worthy utterance. Such a course, ho said, might bo ono of tho conscquoncos or a sep aration of church and state, but would not alone sufflco to bring that separation about, as Homo seemed to suppose. Urging the advisability of retaining tho power exer cised by the stnto over tho clergy, ho said U was of vital Importanco that bishops should not be appointed .by the Vatican, and tho priests by (ho bishops. If that wore done, Ultrnmontanlsm would becomo not simply a doctrine, but a fact. Within the Inst ten years tho pulpits In tho parish churchos hod been, so to sny, political plat forms. Now, owing to the policy of tho government, what had boen tho rulo had be come tho exception.' This was proved by tho result of the promulgation of the law on associations. A great agitation had been predicted, but only sixteen bishops had referred to It otherwise than as a law to be obeyed. Evory ono know that, to effect tho separation of the church nnd stato, somo thtng moro than tho striking out of a credit was required. Moreover, thoro was not a majority in favor of such a course In tho preceding legislature only 180 depu ties had voted for It, whereas, In the prosont chamber, tho votes In favor of It had been 166, 169 nnd 179 votes, respec tively. Where were the extra votes to como from? From tho conservatives pr Catholics? Ho beggod tho houso not to undertake such a vast work as tho Repara tion of church and stato, without being certain of success, becauso tho smallest check In such a matter might cause a retrogrado movement In republican politics which It would bo difficult to check. M. In These Days of Sales and cut prices there nre many things to consider, es pecially the goods nnd "NVIIO sells them. There are plenty of people who are caught with extravagant announcements of great reductions thnt nre so sadly out of reason as to be ludicrous to those who will stop to think. Our broken lines of clothing, furnishings and hats have lieon reduced nnd you enn find some renl bnrgnins here. If you are looking around the town at values that others are offering take the time and look over ours be fore you thoroughly decide upon your purchase. "No Clothing Fits. Like Ours.'?' ' Jrovii-J:( Exclusive Clothiers and Furnishers. R. S. Wilcox, Mauaser. Wnldcck-RousscaUjWn svpbortod by n vote of more than 4 to il Mr. Gerald Ilnlfour, president of th British Board ,ot Trade, dollvctal nn td dress on England's qblpplng trado tho other day, at a dliine of "the Liverpool Ship brokers' Benevolent society. In tho courso of It ho snld thnt tho growth nf the .British shipping Industry sltico tho accession of Queen Victoria hnd been marvellous, oven In nn ngo of progress. Tho number ol vessels on tho register of the empire hnd Increased from 26,000 In 1S30 to 33,000 in 1900 nnd In ntrnmshlfiW froni' ono In forty to one in three. Thero hnd nlso been nn enormous Increase lu tho tonnage of steam ships. With nil this enormous advance thero hnd been, with tho substitution ol steam for sailing ships, n very great diminution In tho loss of llfo nt a. Deal ing with tho question of. foreign competi tion, ho snld tho' trnnsfet'enco of British vessels to foreign (lags had naturally occa sioned a great dent of comment within tho Inst few years. jDurlug tho past year thero had been so transferred vessoli of tho gross tonnngo of not less thnn 600,000, init It was to bo remembered thnt during tho samo year there had bocn ndded to tho British reglstor 1,200,000 tons gross, tho significant fnct being thnt 93 per cent of tho latter was now tonnngo, almost entirely con structed In tho United Kingdom. Offlho ves sels transferred 33 per cent ero con'' structed before 1885, nnd no less that u.r per cent Wero constructed beforo '1890. "rh: was n very material fact, ho said, In tbe truo slgnlflcnnco of this transference 3( ships to foreign flags. Ho admitted th.t they could not regard with anything Ilka indlffercnco efforts mado by forolgn gov ernments to securo n larger share of the carrying trado of tho world. Tho British shipping trado occupied n uniquo position among tho Industries of tho country. Moro thnn any other, It was essential to, nnd In timately connected with, thq llfn tf tho na tion. If tho British lost' their mercantile mnrlno it would mean nothing less than the destruction of tho British empire. That empire was essentially nn empire- of tho sea; It rested upon two great supports, tho navy In tho first instnnce; and tho mercan tile marlno In tho second, IHtEI?7.Y CHAFF. Baltimore American: "But," protested tho Angry Creditor, "you snld you guessed ' you would pny mo today." - "I know I did." explained tho Humble Debtor, "but, you sec, 1 nm such n poor gucsser." Atlanta Constitution: An n'uthdr wroto to his publisher: "Can 1 hopu for any royalties from my book this yonrT" Tho publisher replied: "Yps, you can hopo. There's nothing In tho world to hinder you." Now York Weekly: Excited Cltlzcn-I wnnt n mnn arrested right away I I'vo been nssaultcd and I wasn't .doing a thing but walking along tho street tn a quiet, orderly and Inoffcnslvo manner nnd whistling. Justice Um-cr- what tuno wero you whistling? ' Cleveland Plain Dealer: "Would It be contrary to tho rules of humano warfare?" "If what7" "If tho kaiser should flro a llmburgcr shell or two Into tho midst of, those un suspecting Venezuelans?" i Brooklyn Eagle r "How far Is tt from Irvlngton to Tlrldgcport?" Inquired tho chauffeur of the racing automobile. "About forty-five miles as tho flying ma chlno Mies," responded the man, leaning against the fence. Baltimore American: "What does this mean?" Inquired tho Investigating Com mittee. "You havo most of your shortago charged up to 'running 'expenses.' " mat, oxpiainea me uonirue iumoczzier, "refers to my automobile." I'hllofVlnhln Press: Mrs. 'Gaussln I un derstand from Mrs. Jokoy that your doctor has been guilty of oonduct -unbecoming a gentleman. " ' Mrs. ftieeniey -n, yes . Mrs. aausslD For goodness sake! How? Whon- . . ... Mrs. MecKiey on: constantly. My doctor is a lady. . SAUSTIN 8 TIB 5 TOE POETS. Laurcato Austin In the Independent. Should envious aliens plan and plot 'Gainst ono and now tho other, . They swift would learn how strong tho knot Binds brother unto brother. , , How quickly thoy would chango their tack And show thq recreant feather, , . Should Star and Strlpo and Union Jack But float mast-high togctherl Now let ub glvo one hearty grip, Afl by truo men is given. And vow fraternal fellowship That nover shall be riven; . . And with our peaceful flags unfurled, Bo fair or foul tho Wenther, Should need arise, faco nil the world And stand or fall togother, Chicago Inter Ocean, , Should envious aliens plan and plot And fight one with tho othor, Your Undo Snm would surely not Play scapegoat for his brother. Discretion ho would nover lack Or go beyond his tether By tangling up the Union. Jack. And Stars and Btrlpes togethor. We've no objection to a. grip Of hands across tho ocean, But will not risk tho Yankee ship In seas of false emotion , , By veering from our courso to Tight A craft that's almost stranded, For Jonathan prefers to fight His battles single-handed. ' Kansas Clly Journal. As grow two flow'rets one on stem By self-samo showers Watored, So wo aro blooming Just like them; And though wo sometimes tottered, Yet we havo llvfd through every storm And through nil kinds ot weather, And over In truo friendship warm. We'll live nnd bloom "Togother." We're Btandlng proudly sldo by'slde, Just like the twins of 81am, , . The bonds of blood so closely tied That we're cemented by 'cm. If one should try to get away, 'Twould bo n question whether Tho other would survlvo Jho day Wo didn't stand "Tpgether." y