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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Sept. 16, 1902)
TUT, OMAIIA DAILT BEE: TUESDAT, SEPTEMBER 1C, 1902.
'Hie uniajia Daily Bee.
K. KOBE WATER. EDITOR.
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THE BEE PUBLISHING COMPANY.
, STATEMENT OF CIRCULATION.
Ctate of Nebraska, Douglas County es:
Oeorge B. Tsuchuck, secretary of The Bee
Publishing Company being duly sworn,
ays that tho actual number of full and
complete copies of The Dally, Morning,
Evening and Sunday Bee printed during
tha month of August, 1902, waa as follows:
1 2S.TUO 16 2N,UtW
t 2M.TTO 17 2S.S20
I X8.UUB 18 20,380
4 28.U10 19 89,170
6 2M,IK 20 3O.3N0
SS.TtlO 21 80,120
7 JM.7WO a 20,000
28.750 23 80.B10
2M.OUO 24 28,73
10 28.T0O 25 80.330
01 28.7B0 28 20,800
12 2H.730 27 20.H8O
13 2H.820 28 SS.fMiO
14 2H.02O 29 8O.070
IS 28,730 10 8O.110
L.ss'unsold and returned copies.... 0,877
Net total SQles SOO.Boa
Net dally average 28.021
GEO. B. TZ8CHUCK.
Subscribed In my presence and sworn to
before me thla 1st day of September, A. D
1802. M. B. H UNGATE,
(Seal.) Notary Public
If norace Boles wants to race with
Tom Johnson, he will have to buy an
Omaha's musical festival winds up
this week, but the music-making will
cot stop there.
In the light of recent developments
It's no wonder that St Louis wanted to
have the fair postponed.
The Louisville authorities have evi
dently concluded that Colonel Watter
son Is the only fighter needed In that
Between the strikers at the Union
Taclfic machine shops and the Mercer
strikers, Baldwin the Great has bis
A question puzzling local sports is, Is
the base bull enthusiasm worked up
during the summer convertible into foot
ball fever for the fall?
His desire to avoid "the enemy's
country" is cuusing Colonel Bryan to
use up a good deal of mileage In his
Senator Ilanna will try a special car
against Tom Johnson's circus tent, and
he expects to beat the latter In number
In his Ohio speech Colonel William
Jennings Bryan came out flat-footed
tor municipal home rule. Bryan knows
the temper of the people on this subject.
We may be sure of one thing from the
anniversary services on the late rresl
dent McKlnley's death, and that is that
the memory of William McKlnley Is not
to grow cold. .
The Salt Lake Board of Education has
Issued an order barring married women
from the teaching force in the public
schools. Omaha's Board of Education
bus issued the same kind of an order
several times, but the married women
are still teaching.
For the purposes of the republican
primary Ransom has evidently turned
over to Gurley all of their Joint criminal
law practice. When It comes to elec
tion, however, Gurley la likely to tell
his clients to do as Itansom says, and
Ransom says he is a democrat.
If the denlzeus of literary old Concord
turn up their noses at the mere thought
of a mammoth hog parking plunt in the
neighborhood of the homes of Alcott
Hawthorne, Tboroau and Emerson, that
Is nothing to what they may have to
do after the plant Is la operation.
It Is anticipated that President Roose
relts speeches in Iowa may have
special relation to the tariff. Ills first
stop in the state will be at Sioux City
where he will appear with Governor
Cummins, the special champion of the
no-sbelter-for-trusts plunk of the Iowa
It is reported from Lincoln that Gov
ernor Savage has been touched for a
500 diamond stud. Pickpockets must
have been reading about the gold bricks
that have been worked off on the gov
ernor end come to the conclusion that
such an easy mark was not to be
Republicans must not forget that after
their candidates are put up they have
to be elected, and success at the elec
tion will depend largely on the charac
ter of the candidates. It will not do to
rely on the weakness of the opposition
nor to trust to luik In this year 1U02
Imply becausa Douglas county normally
no SKRWL8 Moytr crisis.
The preparations made by Secretary
Shaw for an additiouul supply of cur
rency, and the tenor of his statements
In announcing them, Indicate very
learly that he does not believe a grave
crisis has been or Is likely to be reached.
He expressly snys he sees In present
conditions, no special occasion for alarm.
His reionse to the appeal of eastern
banks for treasury help, while It Is be
lieved to provide sufficiently for any
real need, embodies some novelties of
method which will hardly be relished lu
those quarters so much as lu the country
An eastern cry for treasury assistance
Is raised almost anuually, for at this
season there are always heavy drafts
ujion New York and the east for cur
rency for the crop movement, which,
because hardly ever fully provided for
In advance, are sure to have a disturb
ing effect. It Is an old trick of the
banks to spread alarmist reports and to
try to persuade the treasury to swell
bank deposits or to buy bonds at an
xorbltant bonus. It has more than
once happened under such circumstances
that eastern banks, holding treasury
fupds on Indefinite deposit, and at the
same time large amounts of free bonds
which they might pledge with the treas
ury for circulation, have actually forced
the secretary into the open market to
buy bonds with the undeposlted sur
plus, an expensive and losing game at
both ends, which Secretary Shaw does
not propose to play.
For such need as may exist antici
pating October Interest two weeks on
national bonds has been authorized by
the secretary as a partial remedy. This
Is not unusual, but bis other proposition
directly throws an Important responsi
bility upon the banks themselves. Of
the $445,000,000 of 2 per cent bonds,
1135,000,000 remain unpledged for na
tional bank circulation. As these bonds
are largely In the hands of the banks,
they are available for immediate expan
sion of money volume on the secretary's
plan. He has had bank notes printed
In advance, so that orders can be In
stantly filled, and on deposit of these
bonds the currency will be issued to their
full value. Not only so, but a list of
banks known to have such bonds has
been complied, and there Is In the sec
retary's statement and plan the broad
suggestion that. If necessary, he would
withdraw deposits from such bauks for
purchase of bonds. But any bank hav
ing free bonds or able to secure the use
of them, can be promptly accommodated
with increased circulation.
Generul conditions do not foreshadow
an acute monetary reaction throughout
the country. It does not even appear
that the drafts upon the east on account
of crops are of unusual magnitude.
The reports all show the western banks
to be in strong position. Even in New
York where pressure upon currency sup
plies Is most severe, the ordinary danger
signals are wanting. Commercial rates
of interest are not severe, A genuine
money famine Is invariably followed by
a pronounced downward movement1 In
the stock market, but nothwithstandlng
the enormous advances in the great
body of stocks the last six or eight
months the week Just closed has wit
nessed a material further advance In
The arrangements made by Secretary
Shaw may be reasonably expected to
afford all the Increase of circulation
necessary to relieve any temporary ex
igency. It Is to be remembered, too,
that the dominant financiers and cap
tains of Industry are in a position in
which they are Interested In forestalling
rather than in precipitating a serious
money crisis. Back of this is the fact
that the national treasury, by reason of
the autumn importations. Is dally piling
up an increasing surplus. The mere
precautionary action of the treasury Is
a strong moral influence.
Bf MAIS FORCE.
David H. Mercer's supreme effort now
Is to foist his renomlnatlon by main
force upon the republicans of this dls
trlct. He knows that if allowed a free
and untranimeled choice his constituents
will express their opposition to a non
resident candidate for congress and in
sist upon a successor who lives in
Omaha and whose Interests are Identi
fied with them. Although his cham
pion, William F. Gurley, has proclaimed
that the people of Omaha need Mr. Mer
cer more than Mercer needs them, he is
enlisting all the great corporations at
home and abroad that have interests
In this district to force those dependent
upon their favor Into line for a man
they do not want.
The coalition of the Union Pacific,
Burlington and Elkhorn railroads to
help Mr. Mercer retain his seat In con
gress, where he has proved such useful
trading material for the corporations, Is
notorious and undisguised. The over
turning of the Omaha police board and
the naming of a new commission at the
dictation of John N. Baldwin of Iowa
and David II. Mercer of the District of
Columbia was brought about for Mr.
Mercer's benefit by the pressure of these
railroad corporations. Mr. Mercer has
also secured from the eastern heads of
other railroads which enter this city
orders commanding their agents here to
assist In his campaigning. In South
Omaha the stock yards company and
the great meat packing corporations are
equally active in their efforts to brow
beat their men into the support of the
corporation candidate, and word has
been passed along to the bosses to use
every means to have the men vote the
Mercer ticket at the coming primaries.
The order received by the local man
ager of a foreign brewery, with head
quarters at St. Louis, not only to sup
port Mercer, but to spend money In bis
behalf, shows how desperate Mr. Mercer
has become. He has brought this in
fluence to bear, no doubt, through as
sociates on his committee at Washiug
ton, whom he has favored In the dis
tribution of public building appropria
tions. The question is whether the rank, and
file of republicans can be clubbed Into
line by such tactics. Is not the fact
that these great corporations and foreign
interests are going to such lengths to
force Mercer's renomlnatlon convincing
proof that he Is not the man we want to
represent this district at Washington?
If the corporations are under obliga
tions to Mercer, why should they not
pay their own debts, rather than to try
to unload them forcibly niton us? Will
the republicans of this district hold up
their hands while Mercer ami his cor
jKjrate allies perform the political high
NO SETTLKMEST IN StOHT.
Public Interest 1n the anthracite coal
situation Intensifies as cold weather ap
proaches and the price of coal advances.
The latest announcement Is that there
Is no prospect of a settlement. All ef
forts thus far to settle the contest have
come to naught aud both sides appear
to be as obdurate and determined as at
any time since the struggle begun. The
operators will listen to no overtures.
They will consent to nothing but a re
turn to work of the miners on the old
basis. The mine leaders, on the other
hand, will not entertain such a proposi
tion and profess confidence that they
will yet win. Neither side is giving any
consideration to the Interests, to say
nothing of the rights, of the public.
The probability appears to be that the
operators will ultimately win and the
Philadelphia Ledger, which has been
fair and Impartial In Its discussion of
the contest, udmonislies President
Mitchell that It Is now time, before de
feat becomes a rout, to consider not
alone the interests of his uulon, but the
needs of the public. It expresses the
opinion that the operators, chastened by
falling dividends and an outpouriDg of
public sentiment, are not unwilling to
mine coal and are probably disposed to
open the way for resumption by afford
ing terms to the miners on which they
would gladly go to work. It declares
that the time for obstinacy Is past.
The counsel Is good, but! It Is to be ap
prehended that It will not be heeded.
Meanwhile the public looks helplessly
on and the consumers of anthracite are
seriously considering what they shall do
the coming winter to keep warm.
THE COLORADO SITUATION.
The fuslonlsts have had six years of
continuous power In Colorado, control
ling every department of the state gov
ernment. In that state, as elsewhere.
they came Into power on prodigious
promises of what they would do,
but they have been stronger In
promise than in performance. Thev
promised in their platform immedi
ate enactment of an eight-hour law for
those who work In mines and smelters,
a revenue bill that would equalize the
burdens of taxation, taxation of cor
porate franchises, municipal ownership
of light and water plants and an honest
and effective primary election law. All
of these promises have been broken.
Not a single one of the planks of thin
alluring platform bus been carried out,
notwithstanding the opportunity has
been as complete as the duty was obvi
ous. anlng majorities and the dying
out of the silver craze have brought
the democrats, who are the legatees of
fuslonlsm in Colorado, face to face with
the serious peril of losing the state, and
they are now repeating their old promis
sory tactics. The republicans last year
forced the issue by demanding a con
stitutional amendment to cover the
eight-hour question and demanding ab
solute home rule for Denver. They are
going straight forward on the same line
this year. The democrats and the
populists have split With a record of
unexampled extravagance in the con
duct of the state government, in addi
tion to violated pledges of reform, the
now broken combination Is in fair
plight to be defeated if the republicans
can pull themselves together and avoid
factionalism. This marks an immense
change from a few years ago, when the
state seemed hopelessly given over to
the sliver infatuation.
THB HOME MARKET.
Intelligent farmers know the value of
the home market. They also under
stand how that' market has been built
up and maintained. Therefore it is
not probable that they will support a
policy which would operate to the detri
ment of the home market by injuring
the manufacturing industries of the
An Oregon agricultural paper, in con
trasting the condition of the farmers of
that state with those of the state of
Washington, as shown in the census
bulletins on agriculture, presents an in
teresting object lesson as to the value
of manufacturing industries to the farm
ers. Oregon has less population than
Washington and more farms. Wash
ington does a great deal more manu
facturing than Oregon and In all farm
product, consumed at home the differ
ence In favor of the Washington farmer
Is very marked. The Seattle PoBt
Intelllgencer says: "Taking up the cen
sus figures on manufacturing It appears
that In the state of Washington there
are engaged in manufacturing, as own
ers, proprietors, salaried clerks aud
wage earners, 40,154 people, as coin-
pared with 22,115 for Oregon a differ
ence In favor of Washington of upwards
of 18,000. On the basis of one wage
earner for a family of five, this would
give 00,000 more people whoso support
comes from manufacturing In this state
than In Oregon." It adds that this
large excess in manufacturing popula
tlou, with the home market afforded. Is
worth In net Income not less than
$30 a year to the average Wash
ington farm and concludes: "It
Is not and it cannot successfully be
denied that the manufacturing In
terests of the United States have
been built up by the protective
tariff. Wherever the population eu
gaged In manufacturing is largest the
home market for farm products Is Ixvt
The protective tariff thus lienetlts the
farmers to the full extent that it does
any other class in the community. The
prosperity of farmers 1 intimately al
lied with the prosperity of the manu
facturers." There are many Individual manufac
turers In Nebraska and Iowa who em
ploy thousands of people. They have
been enabled by the protective tariff to
establish and maintain their enterprises
and pay good wages to their employes.
The farmers of these states have de
rived great benefit therefrom. Tl
democratic policy Is to remove the pro
tection under which these industries
have been built up and to open the
American market to the free admission
of foreign manufactures. How long
oould the Industries In these states
survive such a policy 7 How long would
they continue to give employment to the
number of people they now do? As
soon as the democratic policy went Into
effect there would be a repetition of the
experieuce of a few years ago. Man
ufacturers would reduce the labor em
ployed and curtail output In a brief
time there would be an army of Idle
people and wages would fall. Con
sumption of all products would neces
sarily decrease and prices would decline.
The farmer would have much of his
produce left on his hands, whereas now
there Is an active demand for it at
The Americun farmer Is most unwise
who will vote to impair his home mar
ket yet that would be the Inevitable
result of democratic tariff policy, as
experience has shown.
In an Important decision the supreme
court of Rhode Island sweeplngly sus
tains a law passed by the last legisla
ture limiting the hours of labor on street
car lines, regardless whether the em
ployes of the street railway companies
are willing to work a greater number
of hours or whether they and the com
pany agree and contract to do so. The
court holds that the intent of the statute
is to guard the public safety from serv
ice too prolonged for alertness in the
exercise of reasonable care, and says:
"This being so, the public safety cannot
be made dependent upon private con
tracts." In other words, the court in
terferes with "the laws of nature" In
voked by the corporations. But it uses
good sense, Just the same.
The democrats of the Fifth Iowa dis
trict begin their resolutions with the
words, "We, the democrats of the Fifth
district." ' The convention waa com
posed of Just eight men. All of them
urged each delegate present In turn to
accept the congressional nomination and
all irrevocably declined. Finally they
nominated an absent brother, who, the
moment he heard of it telephoned his
refusal. The "convention" had by that
time adjourned. '
Our nonresident congressman may pre
vail on all the bank presidents la town
to go on his primary delegations, but it
must be remembered, that the vote of
the richest bank president weighs no
more in the ballot, box than the vote of
the poorest day laborer.,' .
As soon as ex-Governor Boles gets
fairly started in bis contest with
Speaker Henderson,- we shall know the
platform on which he will make his
race for the democratic presidential
Again, the trusts may be like the Mis
sissippi river, because there Is a great gulf
ahead of them.
vTendencr to Matt In.
It !s bard to separate the sbeep from
the goat trusts, as all of them are disposed
to butt In whenever and wherever they can.
Any Port la a Storau.
The big meat trust Is to have a rival. If
that results In a reduction In the price of
meat the people will have reason to re
joice. But the big crop of corn and the
bountiful fall pastures will lower the price.
Heels Off, and Llstea.
If the plutocratlo kings of the coal re
gions will remove the Iron heel from the
neck of the consumer long enough for
htm to get bis breath they may hear him
suggest that he will be glad to pay that
little 10 cents extra on the ton for which
the miners ask.
Dm This Settle Itt
Springfield (Mass.) Republican (Ind.).
Thirteen democratic state conventions
thus far this year have refused to reaffirm
the Kansas City platform, while fourteen
have reaffirmed It. But these figures amount
to very little. The next democratic national
convention will get our a new platform
that will not Indorse "18 to 1," and that is
the main point.
Poor Year for Profits.
Kansas City Star.
The profits of one of the firms which Is
to be included in tbo packing house trust
were only $8,000,000 last year. But it
will be remembered that cattle and hogs
were scarce, and that the sales of meat
were considerably abridged by reason of
the high prices which the packers were
forced to ask for their products.
Who Owaa the Coartr
Senator Clark declares that Mr. Helnze
must not be allowed to own the supreme
court of Montana. Mr. Helnze Is equally
Arm in his demand that Senator Clark shall
not own the supreme court of Montana.
In this situation there seems to be some
reason to look for a surprising and unpre
cedented condition of affairs In which, no
body shall own the supreme court of Mon
Dipt! Come la lor a DIttt.
It Is quite remarkable, as well as for
tunate that the dupes of the Franklin
syndicate have been able to recover the
$140,000 of their money which Miller turned
over to bis lawyer and Seymour, Johnson
Co. The evidence brought out in the liti
gation shows that neither Miller nor the
people .who received the money had the
faintest Intention that It should ever reach
those from whom it came. It was no doubt
regarded as a neat egg put by for Miller
after the law had got through with that
remarkable swindler. The thorough venti
lation which this Franklin syndicate and
associated gut-rich-quick schemes have re
ceived In the Imprisonment of Miller and
the subsequent court proceedings In pur
suit of his ill-gotten booty ought to protect
people of this region from similar swindles
for some time to coma,
TUB COXGRE8SIOSAL CAMPAIGN.
Columbus Edict: One of the moat popu
lar buttons of late Is the McCarthy button.
You can see them everywhere. There Is
only one genuine, all the "others" are Imi
tations. Bloomlngton Advocate: Judge Norrts,
who Is the republican candidate for con
gress In this district, la winning friends
wherever he goes. He Is not only a tip top
fellow, but he la an orator able to hold his
own with any of the debators In the land.
North riatte Tribune: Judge Ktnkald,
the republican nominee for congress, is
now actively in the field, and everywhere
finds conditions very favorable. In fact
the conditions are such that there Is
scarcely any question but that the judge
will be elected.
SU Paul Republican: "Glneral" Barry
made the mistake of firing a tew foolish
questions at Judge Klnkaid in one of his
campaign speeches last week and the judge
didn't do a thing but answer every one of
them In a manner which won applause and
votes from the multitudes who heard him.
Geneva Signal: It Is as unfair and un
reasonable In the Gazette to charge that Jo
Johnson is to be E. H. Hlnshaw's private
secretary as It would be to charge that W.
H. Thompson would appoint the editor of
the Gazette to be his private secretary and
draw the accompanying emolument of $2,000
per year if he were elected governor.
Fairfield Herald: The republican party
of the district made no mistake In the
nomination of Judge G. W. Norrls of Mc
Cook for congress. A man who has so
successfully made his own way to the
front as Judge Norrls has done Is the kind
of man the people like to vote for. Every
such nomination strengthens the party, for,
after all, a party Is judged by its actions
and not by Its platform.
Scotts Bluff Republican: Klnkaid Is the
man to elect in this district this fall. Is
the almost universal sentiment In this part
of the district. While the judge is not an
excellent speech maker, he Is a worker
from the word got and when he takes his
seat in the lower house of congress next
March, If you want anything done and done
quickly all you will have to do U to let
your wants be known to Moses P. Kinkald.
Beemer Times: Newspaper comment all
over the Third congressional district la In
favor of J. J. McCarthy, and if it is any
index to public sentiment Mr. McCarthy is
safe in this district Many of the opposi
tion papers speak well of him and none of
them seem to find anything detrimental to
him as a can. He Is unquestionably a
good, conservative, yet active, man in pub
lic affairs and will be a safe man to send
to Washington. All Indications point to
hia election la November.
McCook Republican: One of the most
noted features of Hon. G. W. Norrls" ad
dresses at non-polltlcal gatherings Is that
they are not political speeches made In
his own Interests and to further his own
cauee. They are entertaining, interesting.
instructive and patriotic and enjoyed by
every hearer, of all political parties. "The
poor man's friend has the good taste not to
thrust partisan politics on a defenseless
public, and the aforesaid public appreciate
it. The pubic knows what he Is and where he
stands and will endorse both him and
his views next November.
Juniata Herald: To send a democrat to
congress, when the administration le en
tirely republican. Is about aa wise as It
would be to Send a Methodist to a Presby
terian conference. The Methodist might be
permitted to lead In prayer once in a
while, but if he began to ask favors, or de
mand recognition, a couple of elders would
be apt to lift him up by the coat collar and
drop him over the transom. When Judge
Norrls goes to Washington to represent the
Fifth district be will be In harmony with
the powers, and when he wants something
for his constituents he will get it.
Kearney Hub: General Barry wants to
discuss the "Issues" of the campaign with
Judge Kinkald. So far so good. But when
the proposition is all summed up the thing
Is so simple that It hardly rises to the dig
nity and Importance of Joint debate. The
only question is whether the prosperous
conditions that haVe been brought about
by the policy of the republican party shall
be continued, or whether we shall revert to
the old regime of uncertainty. Inertia and
general paralysis. It should not be neces
sary to do more than ask General Barry
whether he Is In favor of continuing those
conditions, or whether he would if elected
join with the democrats In congress who
again boldly advocate a policy of free trade.
Syracuse Journal: Fuslonlsts are
claiming that Hanks will carry this county
by 500 votes. These claims are large and
groundless. Otoe county has a clear
republican majority on a party vote and a
congressman Is surely entitled to his party
vote. While Hanks Is a resident of this
county and some republicans on first
thought might feel that county pride de
manded that (hey vote for htm. second
thought will readily convince them that It
Is their duty to support the administration
by word and act, and the plain way to do
this Is to cast aside county pride, per
sonalities and other side Issues and vote
for E. J. Burkett. His record In con
gress has been clean and satisfactory, and
President Roosevelt wants to see blm re
turned to congress.
Central City Nonparlel: It Is for the
people of the Third district to decide
whether they will have actual representa
tion In congress or not. As It stands now,
and will continue if John S. Robinson Is re
elected, the Third district Is, from a practi
cal standpoint, without representation.
Congressman Robinson may be a man of
fair ability, but arrayed as- be Is against
the administration and the majority in con
gress, his constituents cannot hope for
any practical results from bis labors. The
Third district showed Itself In sympathy
with republican policies by giving McKlnley
a majority. It should now demonstrate an
Interest In its own welfare by sending a
representative to congress who will be In a
position to accomplish something for' the
good of his constituents.
Hartington Tribune: There are many
reasons why Hon. G. W. Norrls should be
elected to congress to represent the Fifth
district. Most of these reasons are ap
parent to even the most superficial mind.
We have no disposition to decry the merits
of Mr. Norrls" opponent. Mr. Shallen
berger Is an able man, a fluent speaker and
a successful man of business. His personal
character Is above reproach. But It Is not
of Mr. Shallenberger's personal character
that we would speak. Judge Norrls stands
for those principles and policies which
brought the country from under the spoil
of panic disaster Into the sunlight of pros
perity. Mr. Shallenberger, with misdirected
zeal, stands for those policies which have
spelled disaster to American Industry, pros
trated business, closed factory doors, opened
soup houses, filled the highways and by
ways with marching "Coxweala armies"
and forced the government to become a
borrower In time of peace. If re-elected
he will continue to work to bring back to
effect those-eame policies and principles.
David City Banner: E. H. Hlnshaw
the republican candidate for congress In
this district, delivered an eloquent address
at the Catholic picnic at Center Tuesday,
which was highly appreciated by all who
beard blm. His speech was not a politi
cal one, he not even mentioning the fact
that he was a candidate for office. Mr.
Hlnshaw took for his subject the develop
meet of the west from Its early discovery
up to the present time, making some com
parisons of pioneer life with the present;
spoke of the expansion of our country from
lu early history until the boundary ex
tended to the Pacific ocean oa the west,
Dominion of Canada on the north, and
Mexico and the gulf on the south; called
attention to the national progress, civili
zation and commerce until we have become
mistress of land and sea, and that we are
now teaching civilisation and principles
of civil government to the nations which
gave birth to the human race. Mr. Hln
shaw Is a fluent speaker and a gentleman
and Is making a clean campaign, not re
sorting to the schemes of the demagogic
politician, which Is making friends for
him wherever he goes.
CONTROL AMD OWNERSHIP,
nock Island Directors Abandon
The directors of the new Chicago, Rock
Island and Pacific company have withdrawn
from a position which was supported by the
law, but which was attacked by the public.
Legal sanction has yielded to current
opinion. The state of New Jersey gave
the Rock Island directors certain rights.
People in general protested against the ex
ercise of those rights. The directors de
cided that people In general were of more
consequence to them than the state of New
The case was this: The Rock Island's
articles of Incorporation gave the directors
the right to buy and sell the company's
stock, to call In outstanding shares and
bonds, to reissue those shares and bonds
and. In general, to contract or expand capi
talization In a way which Is generally sup
posed to be a special prerogative of the
shareholders. The dangers of such a sys
tem are perfectly clear. Here we have a
small group of men who, perhaps, own only
a minority of the stock of their company.
By virtue of their position on the board of
directors these men are able to begin and
continue a financial policy which, to those
who own a majority of the stock, may be
most objectionable. In matters of great
importance such directors are able to vote
the stock of the company as If they were
owners Instead of administrative officers.
They are also able to use the company's
money In stock market operations. The
temptations lurking In this arrangement
need not be dwelt upon. The directors
would have all the opportunities which go
with control and might have none of the
responsibilities which go with ownership.
The scheme was, therefore, a flagrant
violation of the sound business principle
that control and ownership ought to be
lodged In the same person. No other ar
rangement offers any safeguard.
There are special reasons just now why
public attention is attracted to this matter.
The great railroads of t,he country are In a
period of prosperity. They are accumulat
ing large surpluses and large credits. They
have, therefore, become the object of In
tense speculative Interest. The purchase of
the Rock Island by the Moorea and the
purchase of the Louisville & Nashville by
Mr. Gates and his friends have opened the
eyes of the public to the speculative possi
bilities of such transactions. Competitive
building, the dictation of rates, the utiliza
tion of credit for the purpose of buying
other roads or of carrying on extensions,
the utilization of control for the purpose of
distributing the surplus, the wanton dis
turbance of existing conditions these are
lines of action which are open to the men
who are now buying up the control of rail
road properties. It Is evident, therefore,
that control should not be lodged In the
hands of men whose interest In the prop
erty Is purely speculative and whose move
ments are not under the dtrect supervision
of the real owners.
A STRIKING METAPHOR.
Illuminating- Idea of the President oa
the Trust Problem.
Minneapolis Tribune (rep.).
President Roosevelt, In his recent series
of speeches, has been talking all around
the trust question without saying anything
really new or offering any new sugestlons
In the way of solution. But he has shown
a spirit of sincerity and earnestness,
tempered with conservatism, that has
pleased the people. In bis attitude toward
trusts he Is not a cowboy forcing his
cayuse recklessly over the stringers of a
railroad bridge, but a cautious rider seeking
a broad and firm highway for a definite
movement. He does not propose to de
stroy corporations, but to prune down the
excrescence of capitalistic monopoly.
In his speech at Wheeling he hit upon
a happy and striking metaphor. He said
that no one could dam the current of the
Mississippi, but that we can build levees and
keep the current within bounds and shape
Its direction. "So." he added, "with the
great corporations known as trusts. We
cannot dam them; ws cannot reverse the In
dustrial tendencies of the age, but we can
control and regulate them so that they will
do no harm. A flood comes down the Mis
sissippi river. Tou cannot stop it, but you
can guide It between the levees so as to
prevent Its doing Injury, so ss to Insure Its
This Is a little gem of rhetoric that will
play an Important part in the trust discus
sion from this time on. It opens up at a
glance, even to the humblest understand
ing, a comprehensive view of the whole
question. It reveals the folly of the ex
tremists who would destroy the organiza
tions that have done so much to put this
country In the front rank Industrially, and
demonstrates the strength and consistency
of the plan of regulation and control.
Though not so condensed, the metaphor Is
as forceful In Its appeal to common sense
as Lincoln's famous saying that "It is
dangerous to swap horses while crossing a
stream." It Is a saying that will stick like
a burr in the public mind.
This is the season when a light
weight overcoat is a luxury,
A little later it is a necessity.
Get yours now and have full use of it.
$10.00 to $30.00.
A great variety in both lengths
Exclusive Clothiers and Furnishers.
R. 8. Wilcox, Manager.
Just st present 8t. Louis is attracting
more attention with Its boodlers than with
Its world's fair.
General Fltzhush Lee has been elected
president of the Jamestown Exposition
company and has accepted the office.
The trolley cars on the line where the
president was hurt are ambitious. One of
them ran into a steam roller the other day.
So prevalent has the plstol-earrylng habit
become In Memphis that Judge Moss, pre
siding In one of the local courts, has In
structed the grand jury to make inquiry
regarding the evil.
Colonel William Glazier and his party el
ten New England college men, whs sailed
from Boston for Labrador on July 10, have
just returned home. An unknown river In
Labrador was discovered by the party.
Troubles never come singly. Just st
the long-suffering public begin to loolf
toward the oil wells of Texas for a substi
tute for the no longer affordable coal, ws
hear that the Texas oil fields are all ablaze.
Theodore C. Bales, a Massachusetts flnsn
cler and promoter, travels net a lltttle In
connection with projects he has on hand,
but always carries with him a supply of
drinking water front hl farm In the old hay
state. The water Is from a spring near the
spot where took place one of the most ter
rible Indian massacres In all the history of
Sir Richard Sedden, premier of New Zea
land, displayed great activity in sending
colonial troops to South Africa. On one oc
casion a political opponent said to' htm:
"You are ready enough to send our sons
and brothers to be shot at. but" The rugged
premier Interrupted: "Sir, this morning I
signed a commission for my own son. He
will be shot at, too, and I dared him to come
back without a wound."
MIRTH Ft I. REMARKS.
Washington Star: "We recognize an
Englishman." said the American, "by tha
way he dropps his h's."
"Yes." answered the Englishman; "and
we recognize an American by the way he
lets go of his money."
Chicago Tribune: Wealthy American
Father-in-Law-1 And, count, you did not
tell me the full extent of your debts.
Count Boylon de Itakkovlsnek And you
did not tell me, sare, se full extent of
Detroit Free Tress: "And did you speak
to papa, dearest?"
"Yes; but I'm In doubt aa to what the old
"What did he sayT"
"He either said he'd cut you off without
assent or without a cent."
"Philadelphia Press: "I tell yew" de
clared the agriculturist with long whiskers,
"if Thomas Jefferson wus alive he'd be a
"Come to think of it. there is something
In common between Jefferson and the popu
"Eh? Yew admit It?"
"Yes. Jefferson's dead."
Chicago Post: "Are you educating your
son for any particular calling?"
"Well, he made his own selection and as
near as I can II nd out he Is educating him
self to be the husband of an heiress. '
Chicago Tribune: "He comes to see you
about cr.ee a month, docs ha?" s&td tha
homely cousin. "He. must be a mighty
poor excuse for a lover."
"A poor excuse Is better than none I"
retorted the girl In the pink shirt waist,
glaring at the other, who hadn't any lovers
WALLS OP CORN.
Ellen P. Allerton. " (.
Smiling' and beautiful, heaven's dome
bends softly over our prairie home. .
But the wide, wide lands that stretched
Before my eyes in the days of May; niu
Tha rolling prairie's billowy swell,'
Breezy upland and timbered dell;
Stately mansion and hut forlorn
All are hidden by walls of corn. f
All the wide world Is narrowed down
To walls of corn, now sere and brown.
What do they hold these walls of corn,
W hose banners toss In the breeze of morn I
He who questions may soon be told
A great state's wealth these walls enfold.
No sentinels guard these walls of corn.
Never la sounded tha warder's horn;
Yet the pillars are hung with gleaming
Left all unbarred, though thieves are bold.
Clothes and food for the tolling poor;
Wealth to heap at the rich man s door, '
Meat for the healthy and balm for him
Who moans and tosses In chamber dim;
Shoes for the barefoot, pearls to twins
In the scented tresses of ladles fine;
Things of use for the lowly cot.
Where (blew the corn)! want cometa not)
Luxuries rare for the mansion grand.
Gifts of a rich and fertile land.
All these things and so many more.
It would fill a book but to name them o'er,
Are hid and held In these, walls of com.
Whose banners toss In the breeze of morn.
Where do they stand, these walls of cern,
Whose banners toss In the breeze of morn?
Open the atlas, conned by rule.
In the olden days of the district school.'
Point to this rich and bounteous land.
That yields such fruits to the toiler's hand,
"Treeless desert" they called It then,
Haunted by beasts and forsook of. men.
Little they know what wealth untold '
Lay hid where the desolate prairies rolled.
Who would have dared.. with brush or pen
Aa this land Is now, to paint It then?
And how would the arise onea' have laughed
Had prophet foretold thexe walls of corn
Whose banners toss In the breeze of
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