Omaha daily bee. (Omaha [Neb.]) 187?-1922, September 20, 1912, Page 6, Image 6

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    THE OMAHA DAILY BEE
fSuNDEP BY EDWARD ROSBWATER
f -ICfORRO"eWATER, EDITOR
EB BUILDING, FARNAM AND 1TTH.
Entered at Omaha PotofIlc as secona
dass matter, v .
TERMS OF fiUiJ&CnUTipN.
Ifcundajr Bee, on year .......-.. g-S
Saturday Bes, one year...; J
Ially Bee (without Sunday) one year.H w
3alljr B, and 8unday, one year...o.w
t DELIVERED BY CARRIER.
JJally Bee (Including Sunday) per mo..
aily Bee (without 8unday). per 0;;
? Address all oomplalnU or Jrregularttie
Jn delivery K City Circulation Dept.
I , REMITTANCES.
; Remit by draft, expreaa or portal order,
tayaW, ti The Bee Publishing eoswan.
jOaly 2-ccnt stamps received In W t
jot email account. Pereonal checks, ex
WptNon Omaha and eaatern exchange, not
Receipted. , ,
J .. OFFICES.
Omaha-Th Bee building.
; 8outk Qmaha-2218 N St. .
Council Bluffa-14 No. Main St.
i Unceln- Little buildln.
- Chlcao--10U Marquette building.
t Kansas City-Reliance bulldiw?.
? New York-M West Twenty-third.
Bo School Bonds-Limit Building Cost
A vital point has been raised in a
controversy at Lincoln over the ereo
tkm of a new high school building
which may be submitted to the
courts, and if decided will be of
equal importance to Omaha. Lin
coln, it seems,-voted bonds in speci
fic amount to raise money needed
for this purpose, but In accepting
plans, and letting contracts, the
school board has greatly over-run the
sum authorized in the bond proposi
tion. The question is whether in so
doing, in attempting to spend more
money for a new high school build
ing than has been voted, the board
is. not exceeding its authority, and
overstepping limitations intended for
protection of taxpayers.
The law plainly authorizes the ex
penditure of not to exceed $25,000
in any one year out of current rev-
THE BEE: OMAHA, FRIDAY, SEPTEMBER 20, IN
ACTIVITIES IN AEMY CHICLES '
fixldiuf Backward
coMttubD rMOM dec riiu
Sept. 20.
1 1" 'M
; St. Loul-4 fierce Duimms. w
C Waahtnston-TCi Fourteenth 6t N. Uiaa for school buildings and sites
1 " VMIDE'CBnKnF.NCG.
; Communications relating to news i and
mattw should be addrtsd
Omaha Bee. editorial Department
AUGUST CIRCULATION.
j 50,229 .
Bute of Nebraska. County of Douglas, ss:
without voting bonds at all, which
means that for smaller buildings,
additions or emergency work, it is
not necessary to resort to a bond
election. Ouf school ! boards, how
ever, have" assumed the right to use
this $25,000 in . addition; to the
9 Dwlght Wlllisms, circulation " -mounts voted, and not onlv this, to
- ,v vM ' wiih ninr emnimity v" i
duly sworn, says that the average daily I UM more tnan J5(000 a year raised
circulation ior vne mjoti
.... tn VM nWTIlHT. WILiL,l.J5.
' . Circulation Manager.
Subscribed in my presence and sworn:
to before me uui i jo mi i "ZZZi,
11)11 . tuJUBttll
SealJ . Noun Public
. SaiMcribers leaving the cltr
tempararllr ahel The
Be mailed to theaa. Addree
will be chaaged often as re-
' Old General Prosperity still holds
as taxes, by carrying an overdraft
across two or more fiscal years. We
certainly ought to know ' whether,
when we vote bonds for new school
buildings, we are fixing definite
limits on the amount to be spent. If
the lawsuit at Lincoln brings us this
Information, it is sure to be helpful
as a future guide.
ers.
Poor Distribution of Immigrant.
Late figures issued by the director
the field against all calamity howl-1 of the census show that the tendency
of Euronean Immigrants is still to'
ward settlement in the populous cen-
It is to be presumed thorn artesian ters. In 1910 there were 13,345,545
I water. v . ; United States, , 5,000,000 , of whom
j .f ,, TZZTZZZZTz: lhad come here during the lmmedl
"Thoa shalt not squeaL" though, I ately preceding decade. Of that
is not a part of anyone's confession 5,000,000 Director Durand found
3,852,662, or ? 7.1 per cent, had set
tied In the states east of the Mis-
San Francisco is coming to meas- slsslppl and north of the Ohio rivers
, tire life by the success of Its grand the very states that need them least
' opera season. and which most of the aliens need
least. . ; . ' '
Since Jack FroBt cannot do much j This reflects a discouraging slow
damage now, he probably will not ness of the, movement to distribute
hurry his coming. immigration over the wide western
states, so rich with opportunity and
It begins to look as If that $50,- requiring new blood. To be sure,
000,000 i might rust before China some headway has been made since
comes to borrow it. 1910. The history of immigration
shows that in time the older aliens
When the wild ducks and geese seek new homes further west and
begin their southward flight, there is the census bureau's own statistics
no mistake about It. bear this out. Of the 8,000,000 and
more Immigrants who came here
It was only a question of time any- prior to 1910 the percentages' that
way when Governor Wilson would have migrated south and west are
get Into the Ananias club. ' ' " very much higher than of the later
arrivals.'' ' ' '
ftpeatung oi ruooer, u raigai oe But this remainft a WSK of Stern
possible to cheat in the manufacture character and our people must exert
even of the synthetic product. , - more systematic effort than they
have yet , to derive the greatest
Maybe the reason men go can- mutual advantage from the, influx of
rupt is because they cannot cash In newcomers from abroad. This task
themselves at their own valuation, touches at vital points the most se
rious social and economic problems
A man who starts back to the fash-j we nave to solve to insure the na-
ions of 1830 will not. In our opinion, tiona future stability and prosper-
have to fight for tus place In the jty.
line of march.
! t
.. The University ot Omaha has or
ganized a senate. We trust It will
be careful not to follow too closely
after Its namesake.
If autumn with Its searing leaves
brings its touch ot melancholy, it is
all the more reason for us to exert
ourselves to be cheerful.
Hearst on the Tariff.
One .of the strongest statements
for the protective tariff that has ap
peared anywhere is embodied in Mr,
Hearst's explanation of his views for
the London Express, in which, "inci
dentally, he declares his support of
Wilson to be in spite of the latler's
attitude on what he regards as his
paramount issue. '
vl da not approve of Mr., Wilson's pol
Borne English friends, criticise us ,cy for a larift tor nvenu nor do t tntnk
as "a nation bordering on political he improves his position when he declare
frenzy." If they could but appreciate 'n support of gradual reduction of the
, . ,,fn,n with hJtwiff. A gradual reduction of the tariff
. ' means continual disturbance of the tariff.
Britons might conclude we were and the disturbance of the tar-
dolng extremely well to be no worse Iff means continual disturbance. In busl-
' thkn Just frenzied.; - s I hess. There are some abuses.in the tar
iff, which need correction, but for my
According to the address of the teotlo u.,,. that th rrowth f
president of the American Brewers' tl unexampled jpemy of America
association beer ' consumption in I has been largely a stimulated by proteo
America has increased twice as fBt ,lon l.a ' plt? 01 cm.am &U8? 8y8-
iiim i r w a nan un BM.nntn nwr a
iw w iivjiM.wuu. xv u v oft,. conditions at home. It would not
ispur the prohibitionists to redouble be well or wise to alter the system under
" which this splendid business has been
developed. If we sacriflo? our protec-
Our hydraulic water commissioner I , " ,,t iowrtnV the urifi bars of
declares that we had to pay $750,- foreign. countries, jt is only by recip-
000 for going value when we bought roclty with foreign powers that tjie tariff
the nlant. Aa we recall t th o wwerea.
.i u '' Mr. Hearst goes on 10 reaa Mr.
their exertions, nothing will. .
Matten of Note Gleaned from the Army and Navy Eegister.
arising from the fault of the contractors,
which provisions are required to be enforced.
Thirty Years Ago
The republican state convention held
two preliminary' sessions lasting until ?
In the morning. SUU Chairman James
W. Dawes called th delegates to order
and Hon. N. K. Griggs was made chair
man.,. The first business was to settle
contests, of which there were several.
E. A McClure celebrated the twenty-
first anniversary of his arrival In Omaha.
He landed at the Herndon house Sep
tember 20, 180, with Colonel Taylor, hav
ing come to take charge of the Omaha
Republican. '
A stair factory, run by W. D. Smith,
on North Sixteenth street. Is the latest
addition io Omaha's industries, which
now would be called a planing mill an'l
fixture factory. " ;
The sliver wedding of Rev. and Mrs.
Guydeson, pastor of the Lutheran church.
was celebrated at Standard hall with
about SCO .friends. , The contributors to
the entertainment program were: ' Rev.
Mr. Morteson of Yankton, Frank Walter,
John Mathelson, W. Thrane and William
Neve. . .
The city council has granted the use of
the city hall to the Labor union for a
convention next Saturday.
A proposition of Solon Robinson to fur-
nish dirt at 10 cents a yard to fill the
washout on Twentieth and Harney, un
der direction of the city engineer, has
been accepted. ,
Thomas C. Havens, " asstsUnt depot
ticket agent of the Union Pacific, was
married to Miss Nellie Goetzaohlus at the
residence of the bride's mother. Rev.
Cannon Doherty performed the ceremony.
The fourteenth anniversary of the Con
cordia society waa celebrated by a con
cert and ball in Standard hall.
Twenty Years Ago v
David H. Mercer was nominated for
congress by the republicans of the Sec
ond district In their convention at Wash
ington hall. T. K. Sudborough called the
convention to order and Colonel L. W.
Ok born of Blair was made chairman.
Mercer's competitors for the nomina
tion were Churchill, Bartlett, Cornish,
EsUbrook and Scott The final ballot
showed only Mercer, Churchill and Esta-
brook, however, r with the votes, re
spectively, 88, 8 and t . .;" ' . .
Colonel Dan W, Benham was knocked
down by a cable car from which he had
alighted at Twentieth and Cass" streets
and severely though not dangerously
hurt'. '.; '
The Oms-he Street . Railway company
was granted permission to string electric
wires and a line of poles along Grace
street from Sixteenth to Thirtieth street,
for the conduct of power to supply a fur
niture factory on Grace. .
A son waa born to Mr, and Mrs. John
Kleser and also to Mr. and Mrs. Dennis
Tucker. .
The newly organised lacrosse club held
a meeting at the Paxton hotel cafe. In
the absence of President George H. Lea
He, Dr. R. S. AngUn presided ovea the
deliberations, which Included discussions
of the plans and equipment of the dub.
It was decided to hold the regular prac
tices on the circus ground at Twentieth
and Paul streets on Wednesday mornings
from I to T:J9 and Saturday afternoons
from to (, . . ,;
! i mwmms , " " ., 1 1';
Ten Years Ago, ;. '-: 1
Congressman David H. Mercer was
renominated on . the first beliot by tt
Second district eonventioa at Washing
ton hall, the .vote being SS for Mercer
and 49 for E., J. Cornish. T. W. Black
burn opened the convention and R. W.
Breckenridga acted as temporaar chair
man, with Clyde Sunblad as secretary.
Mercer's nomination came in fifteen
minutes after the meeting was called
to order and everything went off ac
cording tp the cut and dried program.
At the republican county convention
this ticket was nominated: For county
attorney, A, ; W. Jefferts; state ; sena
tors: C. U Saunders, M. 'A. Hall, R.
B. Howell; state represeoUUvea: E. M.
Morsman, Jr.. Peter Mangold, W, B.
Ten Eyes, J. H. Rlggs, John Wallace.
D. W. Gilbert, T. C. Shelley and F. W.
Koetter; county commissioners: C. 11.
Danker and Henry 8, McDonald.
Charles F. Johnson, 'M years ot age,
died at the family residence, 1467 Phelps
street, at 1 p. m.
Mrs. E. J. Lewis of Evanston, III., was
the guest ot Mrs. Huestls of , Blnney
street.
Four golfers finished , a ' tie in the
regular play for' the Cudahy cup at the
Country club. w. D. Bancker, H. D.
Leavltt. E. H. Sprague an T. R. Kim
ball. Their net scores was 77. , Bancker
and Kimball each had . a handicap of
six strokes, Leavitt nine and Sprague
eighteen. ?'',.''-.
Examinations for Comniisstoas.
Examinations ot a number of civilian
candidates for appointment aa; second
lieutenanU In the army are being held
at various places throughout the country,
but it will be some time before the re
sults are announced. The papers will be
sent to a board at Fort Leavenworth,
Kan., for marking. There are now ap
proximately the following vacancies in
the grade of second lieutenant in the
mobile army: Cavalry, 45; field artillery,
IS, and. Infantry, 61; total, 12L The next
examination of candidates for appoint
ment as second lieutenanU in the Phil
ippine scouts will be held early in No
vember. The next examination of civilian
candidates for appointment as second
lieutenanU l the corps of engineers will
be held soon after January 1 next.
Br rack ef Coatraet Wat red.
A contractor having agreed to furnish
hay and bedding at Fort Robinson, Neb.,
for a period from August, 1911, to April,
1912. failed to complete his contract be
fore June, 1912, and a question arose
as to settlement with him on account of
the delay. The contract conUlned no
provision for damages in case of failure
to, make delivery within contract time
other than a proviso -tor open market
purchases In case of necessity, the cost
to be assessed to the contractor. The de
lay in this pM occasioned no open mar
ket purchases and the government suf
fered no loss or inconvenience by reason
thereof. The fact that no loss occurred
and there was no legal objection to de
livery after the contract period had ex
pired, is considered sufficient evidence
in itself to have waived the assessment
of damages. Contracts for supplies differ
from the usual construction contracts of
the government In that the latter usually
contain provisions In the form, of stipu
lated damages or penalties for delays
Drill Regulations.
The exercises conducted with the Pro
visional Infantry regiment en route to
and at Sparta, Wis., tWs summer prob
ably have Justified about all the changes
In the methods ot handling Infantry
troops embodied in the Infantry drill reg
ulations adopted last year. Wherever and
whenever these regulations were applied
correctly, it was shown that a company
ot 150 men, as contemplated by the regu
lations, could be handled efficiently by
the officers and administrative personnel
proposed. Captains had no serious dif
ficulty in handling- four platoons of four
squads each on the firing tine during
the various combat exercises with ball
cartridges, and this justifies the con
clusion that .the slxteen-squad company
Is not too large. Certain minor changes
In the regulations were recommended
and these are being considered at the
War department Other questions con
cerning the regulations, including' mat
ters pertaining to targets, still are under
consideration at the school of "musketry,
Presidio of Monterey, Cal. The board of
officers that met some time ago at Mon
terey to formulate drill regulations for
machine gun organization of Infantry
has rendered its report, which now awaits
review Id the War department Members
of the board were at SparU during the
exercises ot the provisional regiment and
gained 'much valuable information that
was used in preparing the report. A
board of officers convened in the Philip
pines to consider questions relating to
machine gun organisations of cavalry
was unable to do much work along that
line, owing to the fact that the regiment
to which the members of the. board be
longed was : ordered home. The work
of this board has been ' transferred to
the school of musketry.
OUR BIGGEST SUPERDREADNOUGHT
Backward in Numbers But Supreme in, Size. ,
r , " Brooklyn Eagle. ,
If we do not build many battleships in
comparison with foreign nations we at
least reUIn our supremacy In tonnage
and armament , If we show a curious
reluctance to provide our navy with bat
tleship cruisers of the type of the Eng
lish Lion and Princess Royal and the
German Von Der Tann and Moltke, com.
bining high speed with heavy armament,
we are quick - to . improve upon foreign
plans for the evolution of the super
dreadnought Thus the announcement
that the projected Pennsylvania will dis
place 31,000 tons and' carry a main battery
of twelve 14-lnch guns, supplemented by
a secondary battery of twenty-six 5-lnch
Is equivalent to eUtlng that we are sim
ply maintaining our traditional policy ot
building something a little bigger than
any other country has attempted to build
In the matter of gun equipment" the
Pennsylvania Is a mighty Interesting ship.
Years ago we found that the 13-lnch gun
used on such ships as the Oregon, In
diana and. Alabama was not so effective,
as the smaller 12-Inch. ' Also the latter
had become after long experimentation
the standard turret rifle of , the British
battleship. . Now our . gunmakers hav
evojved the, 14-lncb weapon with tremen
dous range and penetration, while, the
British have compromised on the 13.5-jnch,
which is used on battleships of the Orion
and King George classes and on crulset
battleships such as the Lion and the
Princess Royal. Th New York and the
Texas will be the first bf our superdread
nousrhts to inirtjiU the new 14-Inch gun
but each will carry but ten of these guns
as against the. twelve to be carried on
the Pennsylvania. 4i In the main battery
the Pennsylvania ' will be considerably
stronger than any ship in our own navy
or In any other navy.
Experts differ as to the value of the
secondary battery to which we attach so
much Importance and in respect of which
the Pennsylvania Is remarkably well
equipped. Only the test of actual wat
can determine whether the Pennsylvania's
secondary battery of twenty-six 5-Inch
guns Is a superfluity or a wise precau
tion.' We have, however a highly val
uable indsrsement of the secondary bat
tery In the attitude of Sir William White
one of the ablest of modern naval con
structors, who has more than once In
flated that the British navy would be
stronger if it followed our example in
regard to secondary guns. In any even!
we are going to have in the Pennsylvania
a ship that represents the very latest de
velopments In naval architecture, and'ont
which will advertise the . excellence , of
American building methods in every port
where it drops an anchor. ; u, ;
LAUGHING GAS.
"What is a lay delegate par I
"I think It must be a member of a hen
convention." Judge.
Auto 1st I haven't paid 'a cent for re
pairs on -my machine in " all the ten
months rye had it -.
Friend-So the man who did the repairs
t61d rae. Boston Transcript
"If you make any noise," threatened th
holdup man, "I'll stuff this handkerchief
in your mouth" - -
The victim regarded It with a gnasuy
smile.
"Oh, that's such an old gag." he pro-
tested. Chicago Tribune.
"I see you are carrying home a new
kind of breakfast food." remarked the
first commuter. .. .
Yea," said the second commuter, 1
was missing too many trains. The old
brand required three seconds to prepare
You can fix this new kind in a secono
and a half." Washington Herald. .
"What did. you do with that hole In tht
ground you couldn't sell any stock In?"
"I have built a lecture room over it and
sUrted a school of mines." Kansas City
Journal. ;
"Bobby, you have been fighting with
that Stapleford boy again. Did you count
ten before you struck btm, as 1 have al
ways told you to do?"
"No. but I was told that someooay
counted ten after he landed on me."-
cmcago TriDune, "
the only chance she'll ever have ot chang-1-
lean. " - . .
B.EF0BM IN CACTUS CENTEB. 1
Mother-Edith thinks
name Js-d-y-t-n-e.
Father-Oh, well, let her.
of spelling hei
It's about
Denver Republican.
Down- here In Cactus Center for reform
.we're always strong; "
We grab each new thing, pronto, as It
sorter drifts along;
We're hardened to the muckrake and we
have the soapbox spiel. i
W kin post up Billy Bryan on this ref
erendum deal.
But it saddens us a trifle, and we thtnk
It's cos tin' dear
When our ballot, so they tell us. will be
, six leet tne wear. . vv .
W love to hear the roastin' that the ins j
git from the outs;
The more hard nnmes ' hondled the
more th big crowd shouts; i
We like to sign pei.tioiib u e git the
writer's cramp .
For turnln out each rascal and a-pun-
ishin' each scamp. '
But it kinder makes us wonder If, its
worth the heavy cost
When we find pur ballot measures some-
twn' UK two teei nuroau
We like to have things seethln and "liar"
flyln' fast; ,
We like to hear the bulleU, and see
powder smoke drift past; '
We like to read of grillln' and of probes,
and all of that ''.,
When the wolves of graft are snariin
and reform Is at the bat. - '
But we dread to face the hour when we
step Into a sUll . , , .
And rassle with a ballot that ,is six feet
. over all. - "
COAL COUTAFJT& SQUIRES
Our Pennsylvania Hard Coal Is the SCRANTON.
Government tests and long Mporlenc provt that this It tht bast of
th Anthracite Coals -tho highest In heat, tna lowast in asn, ina ma-
net cllnkar, but burns to a flna whlta ash. Our supply is naw-aa
par ton. Prloaa will soon advance. We also offer the beat Arkansas
Anthracite -fipadra-$9.S0 par ton.
Our CARBON SOFT COAL Is excellent for cook
ing and heatlns. It la hot, quick to atart, holde the Tire, manes uuie
aeh, no ellnkera aoot or a moke. , We have aold coal In Omaha twenty-
nine years and we know the Carbon to be tne neat ooai ever errr-
here for the price -ST. QO. A teat will convince you.
OFFICE-Z10 South 17th St Phone-Douglaa 930.
HOLDING COMPANY FALLACY
Automobile Combine Blown Up in the Usual Way.
i. .' )' ' :" ' :V" Washington, Star., ; - v -; 1 ( s
People; Talked About
Wilson a sharp curtain lecture for
going
2500.000. But still that's a nearer
guess than he has been accustomed fusing American business men of
oemg ' ignorant ana provincial.
He insists that American business
men are "the greatest business men
to make.
Down in Kansas the Roosevelt
presidential electors will go on the
ballot in the independent column,
in the world," who have accomplished.
their wonderful achievement "wlth-
havinz decided that to be the only out Mr. Wilson's guidance, and in
fair and honest course to pursue, spite of his poor opinion of them.1
Here In Nebraska six Roosevelt If the tariff is the paramount issue
elector still Insist on wearing in this campagin, then President Taft
ettlen republican llverr. Is the only candidate for whom the
people can vote knowing he is com
The so-called Eppersonian state mltted to the preservation of the pro-)
committee has at last acquired a sec-1 tectlve system on a eound and. acien-
rotary. This is tha "republican"! tific basis, which by insuring steady
committee that derives it title from employment of American labor at
a ctate convention which refused to good wages means continued pros-
accept the republican national perity at home and greater trade op-
etandard bearers and platform, and portunitles abroad
In Its selection ' of a secretary it
again emphasizes its complete dls-j Everything funny is not in "tunny.
cordance with the national party or-1 sunny Spain." The folks who are
s a
ganization by choosing a man who, right now starting to make a noise
while under the impression that he for municipal ownership of electric
fad won out for presidential elector lighting are the very ones ' who
n the last primary, publicly and striper off their, coats to beat a pro-
over nis name, declared tnat he posed Issue; of bonds to establish, a
, would net vote, for the republican municipar lighting plant in Omaha justice Alutaat of Omaha ar bait win-
'Rational ticket, ' I only a few years ago, 5 - ners every tim
I .... .. .',. . . : . ' ' ,
An expedition from Tale university, led
by Prof. Hiram Bingham, Is to make fur
ther exploration this year In Peru, m the
regions where a Yale party last year
found human remains supposed to be not
less than 10,000 years old, imbedded in
glacial deposits. ; v "
Her we are wasting tons of good meat
every day without knowing it George
U. Graham, a state fish and gam com
missioner of Springfield, Mass., finds that
a city cat eats one Bparrow every day
en an average, and that 10.000 faU vic
tim to a many cats every day in his
own city. Where he lives there Is on
cat to very nine inhabitants. ,
Mrs, Kate Williamson, who is a candi
date for cengrM In Denver, is Indorsed
oy m union women Political league
ot Denver, which refer to hr aa "a
member of th typographical union and
an active worker la th cause of th la
boring people at all times." Mrs, Will
lam eon Is a candidate tor congressman'
at-large..'",.
, rlavmg consumed eaome time in friz
sing her hair Mrs. Kate Sparrow arrived
even minutes late at a' polling booth in
San Rafael, Cel.. where ih was to be
One of .the election clerks. Her place
on the board had been filled by the elec
tion officer She protested violently, but
the election officers held out against her.
Highly indignant, eh returned hom. '
The long and the short of th' legal
profession In IlUnole challenge all comers
to match them In else. Bruce A. Camp
bell and Charles Webb, residents of East
St. Louis, six feet four inches and four
feet ten Inches, respectively, are consid
ered th champion pair of extremes.
Match m? Sure! E, O. McGlltoa and
The failure of the big automobile hold
ing company in New Tork may be re
garded asanother example ot the fallacy
of attempting tp control Industrial con
ditions through the organisation of non
producing corporations. .; The holding
company Is almost Invariably an ' over
load ot charge upon the business. It
Interposes another series of profits that
must eventually come out of the trade.
Ostensibly designed to supply working
capital, the essential object of a holding
company is to make money out ot manu
factories that have been organised by
others. It Is a manifestation ot the trust
principle in that the financial auto
nomy ot each of the component parts
of, the system is destroyed. Halt a
dosen prosperous concerns, each capable
ot earnlrfe substantial dividends for its
stockholders, may prove to be unable,
though with no change 'in trade condi
tions, u earn enough money to yield
dividends to ; a holding company, with
Its much larger capitalisation than the
combined capital of all th units. There
feas scarcely been an instance ot hold
ing-company trouble in this country that
has not been due to this condition. Prac
tically all of them are overcapitalized,
and the-excess of capital, upon which
dividends are expected, represents In
most cases promoters' profits, under
writers' commission and similar fees
taken out in the process , ot organiza
tion. In another feature the corpora
tion now in trouble is similar to others
that have preceded it along this road
of financial difficulties. .Those who ef
fected the organisation got on. ; the
ground floor in terms of bonds, leaving
the people who 'furnished the greater
bulk ot the capital to take stock on
which it was certain to be extremely
difficult to pay dividends. This exper
ience Is only on ot numerous cases In
which Innocent investors have been
fooled by glowing promises and refer
ences to the undeniable prosperity of
th component Industrial plants that are
taken Into the combination." If these
holding companies were financed
soundly, without water in the . capital
stock and without excessive promoters'
profits represented In first mortgage
bonds, there would be no objection to
this manner of increasing th efficiency
of industrial enterprises. (...
"HIGH IDEALS" IN MAEBIAGE
Flan of Annnling the Contract at Pleasure.
I , ; New ; Tork, World.
It appears to' have become the fashion
in the advanced literary set for young
men and women to devise marriage con
tracts according to their own notions.
Following th example of the Dianas in
Massachusetts come the contract entered
into at Los Angeles by Carlton W. Wash
burns, a . son ot Marlon Foster Wash
burn, author - and lecturer, with Miss
Chandler, a daughter of Julia. W. Chan
dler of Philadelphia. The contracting
parti e undertake to assure each other
freedom to separate whenever they
choose. The contract sets forth that .the
present marriage shaU not be a bar to
other marriage should It .prove unfruitful,
and that neither shall hav th right to
restrain the othwr should be or .eh see
fit' to incur other parental responsibility.
As these marriages sre carried out In
legal form, the parties are of course
bound by the marriage law pf the state.
Their prenuptlal contract, devised with
the Intention ot evading the law. Is In.
valid, if either of the parties should
enter into a marriage with some on els
without a legal divorce, there would be
trouble, . , ,
But the significant feature of th new
movement is the ardor of th women that
are urging It on. In every case it 1
pleaded that they ar women of "high
ideals." The phrase Is odd. Once upon a
time the blgh ideal of marriage was for
better or worse, till death us do part
Now it is for as long as I like and you
please. What height Is that?
;.: EDITORIAL SNAPSHOTS.
St Louis Globe-Democrat: - In v pr6
nounclng th republican party dead th
colonel shows hew easy It Is for a man
who carelessly talks and writes all the
tim to go from bad to worse. ,
Indianapolis News; brother words, th
Department of Agriculture suggests that
the Innocent Investor be Just as careful
about putting good money into an applo
orchard ss n would be' about putting it
into a rubber plantation. ' , "
Brooklyn Eagle: Tneodore Roosevelt In
his book, "Th Wilderness Hunter," says
of the bull moose! "Another characteris
tic of th bull moos Is his Inordinate and
unchangeable - selfishness he ts
thinking first, last and all th time ot bl
own skin and th fullness of his own
stomach." Can It be possible that this
Theodore Rposevelt. who wrote the, book
Is the same man who is running on th
bull moos ticket, or Is It another man
by the sam name, as Arteraus Ward
would have it? , '
New York World: Mr. Roosevelt can
not understand why "certain men In tJttli
who are whining that they cannot support
me because they have given their pledge
to President Taft to support him", should
keep their word. " H has never had any
such scruples, even when h gave his
word m writing. :, V
St. Louie Globft-DernooraU Of courts.
it was not to b expected that a st&t
named Washington would stand for a
third-term bolt When th republicans of
that stat cot Into primary to peas upon
th third-term bolt, they indorsed th re-
nomination of Taft and the action of,ho
Chicago convention in seating the con
tasted Taft delegates. Th bottom . is
dropping out of th Perkins barrel .
THE STETSON
apS
The "Stetson Last" will fit any
normal foot, arid look well on
any foot it fits '
-Tor 15 years it has never changed. 'You can
buy this season, and next, the selt-same style .
that fitted your foot and your fancy so well
last season many men think this an advan
tage in shoe buying. Let us put a Stetson on ,
you you will be surprised how so much real '
style, not ultra-fashion, can be had with every-,.
minute comfort.
The RED DIAMOND is the high sign of Shoe Merit
HAYDENBROS.
Sixteenth and Dodge Sts, Omaha
"Stetsons cost more by the pair but less by the year"
Better Service
to California
Lt '
Via Rock Island Lines
Through, up-to-date Tourist Car Service Omaha
to Los Angeles via theNrue Southern Boute-i.-::
lowest altitude will be operated daily, Sep-'-',
tember 25th to October 10th, on the. following : ;
schedule: .
4
Leave OMAHA
" LINCOLN
Arrive EL PASO
. Exsmele
5:00 P. M. Today
7:00 P. M.
6:30 A. M. 2d Day
" LOS ANGELES 7:1 5 A. M, 3d Day
DINING CAR SERVICE ALL THE WAY. v
Through Daily Tourist service is alsooperated via Colo
rado and Salt Lake City the Scenic Route.-
VERY LOW ONE WAY FARES
! IN EFFECT ON ABOVE DATES
For further particulars and .literature inquire ( of
J.'S. McNALLY, D. P. A.,
: 1322 FarnamSt.
dm
ppr?
20c
This Coupon and
good for the next
number Of ALL the
following magazines; '
OOOS SOiniEXEXPXHa ,
yxcToaus bxtxew .
TKB &ASXE8 WO&L9
Address, Magazine Coupon Dept',
''TwenUeth Century Fanner. ;
' Omaha, Neb.
TWENTIETH CENTURY FARMER
. The Beat Fana Payer.
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