The Oregon mist., January 17, 1913, Image 7

PERKINS SAYS
PUBLICITY CURE
Concentration of Wealth Might
Ilccome Keal Peril.
Combination of Iirain Power, If
Harmful, Hhuuld be Restrained
lly Government Control
Washington, I. C In a hypotheti
cal question to (Jeorge W. Perkins,
Samuel. Untermyer, counsel fur the
"money tniHt" committee, outlined
from th records of th committee a
"concentration of money anil cred
it," and asked whether -Mr. Perkins
considered it "a menuco and peril to
the irHHTlty of the country." The
iifMtion generally was accepted an
Mr. Untermyer's conception of the
elusive so-called money tniHt of which
the committee In in Mearch.
Mr. Perkins, after declaring the
iicry reminded him of tiie conun
drum, "Why in a moune when it
spins," aMurted that he could not nay
whether concentration aa outlined in
till) question was peril.
Mr. Untermyer' hypothetical
"money trust" question waa put after
Mr. I'erkinH had recommended publi
city aa a cure for financial evils, the
incorjxirution of the New York Stock
Exchange under a Federal charter, a
closer resxmsibility among bank di
rector and the according of reprexen
tution on the directorate to minority
stockholder.
Mr. Perkins delivered a long talk on
economicii, the gist of which waa:
"Everyone will agree that at a cer
tain Kint concentration would be a
peril, but whether at the point you
say it ha reached it would be a eril,
I cannot any. I have been out of
touch with theHe afTaira for two yearn,
and I would want to study theHe qucs
tiona very carefully. I'm opMsed to
the concentration of money power,
bruin power, or energy where the con
centration ia likely to result in harm."
Mr. I'erkinn, aa a director of the
Steel cororation and the Internation
al HarveHter company, la a defendant
in the government' auit for disxolu
tion of those concerna.
"We never knew of tho corpora
tion'a buying ita own stock to protect
it in the market and know of no ooIh
to manipulate the market in ateel
stocks," he aaid.
"Do ywu believe that directora
ahoulil be allowed to trudu in tho Htock
of their own coriiorationH, on advance
information aecured by them through
their connection with tho corpora
tion?" asked Mr. Untermyer.
"I do not," aald Mr. I'erkina.
"Tho Steel cororution waa the first
big corporation to give entire publi
city to ita affairs, waa it not?" asked
Mr. Untermyer.
"Yea, ao far aa I know."
Mr. IVrkina mi id ho believed all cor
Hrationi) Hhould give publicity to ull
their alfairs.
"What would you do alxmt manipu
lation of pricea to produce fa I He val
ued?" asked Mr. Untermyer.
"Well, that ia a dillicult question,"
auid Mr. I'erkinH. "That form of
gambling ia indulged in even down to
the farmer who sella hia wheat thia
winter for delivery next spring."
CASTRO DEMKI) ENTRANCE
INTO UNITED STATES
New York-(leneral Don Cipriano
Castro, formerly president of V'ene
r.uela. detained at Klila Island by the
immigration ollicials more than two
weeks, was denied udmiHsion to the
United States by a sH-ciul Ixmrd of
inquiry on the ground that in his ex
amination he had ndtnitted tho "com
mission of a crime und felony involv
ing 'moral turpitude.' " Immediately
after the announcement that he would
not be permitted to enter this country,
Castro declared he would ap-al to
the secretary of commerce and lalmr.
Dynamite Destroys Ship.
Nanaimo, 15. (". Leaving tho har
bor here with a cargo comprising 2000
cases of dynamite, the steumer Oscar
took tiro and getting beyond control
was benched on l'rotcction island. A
terrific explosion followed, resulting in
several thousand dollars' worth of
damage. Every plate glass window
facing tho waterfront was broken and
several cr.sons seriously cut. Every
member of'the crew escaped before
the explosion occurred. The extent of
damngo to the vessel ia not known
yet.
Inaugural Hall Draws.
Oympia, Wash.- More than 5000
persons from tho various parts of
Washington attended the inuugurid
ball of (governor Ernest Lister at the
new Temple of Justice here. The af
fair marked not only tho beginning of
the new administration, but the open
ing of one of the most beautiful court
buildings in the United States. The
affair begun with a public reception
by tho governor and other stute olli
cials. l'eoplo emtio hero in hundreds
on special trains and lioats to attend
the affair.
Two Killed in Opium Da t tie.
Shunghai Two ersoiis were killed
and many wounded as a result of a
pitched bHttlo over attempts to sup
press the opium trallic. Ollicials of
the Shung-tu and neighlxtring districts
were patrolling with a military escort
to enforce tho order of prohibition
against the cultivation of opium when
they were set upon by 1000 armed sup
porters of the opium traffic. A fight
ensued, in which both sides fired sev
eral volleys.
Slide Duries Two Cars.
Itny City, Or. Just as It was to bo
announced that train service would be
resumed on the I'ncific Railway &
Navigation company's line, after a
blockade of over two weeks from
slides, another slide CO feet long and
net deep covered the tracks at
hurt
two outnt
will rtalav
DANK MAKES 18,550 I'EIt CENT
New York Financier Telia Commit
tee Strange Thing.
Washington, I). C. Profits of more
than f'JO.OOO.OOO have been made by
the First Nationul bank of New York
City aince Ita organisation with a cap
itul of $r00,OtM in IHOU, according to
the teHtimony of George V. . Huker,
chairman of the board of director! of
the bank, before the houae money
trust committee.
Mr. Ilaker told the committee the
bank hud paid dividend of 226 per
cent, or more than twice the total cap
italization, which ia now $10,000,000,
In the four year aince l'JOH.
Sumuel Untennyer, counaul for the
committee, culculated from tho lumi
aupplied by Mr. Iluker that aince the
latter assumed the presidency of the
('A ITAIN W1CKLUNU
rnmanlr of Polnl Alama Lifa-Kavlna Craw.
wlw lrva thwlr lifpUat thmuM-h mountainou
ffflibwra In lha fu of wlial arvfiMMl rartam (loath
ami rtwucl two man Ironi tha niorinir uf tha
ull atoaiitar kiwcruii, wrwcknl on Columbia bar.
itiatitution In 1873 the bank haa paid
dividenda of IS. 550 per cent on ita
original capitalization.
Mr. Iluker flutly opxsed the Bug
gcHtion of Mr. Untermyer that Na
tional banka be required to make pub
lic their ussctn, declaring that he aaw
no poaaitile good that could come of
such a proviMiun.
That there ia no impropriety in one
man's holding directorships in one or
more potentially competing banka,
railroads or industrial corporationa
wua another stand taken by Mr. Mak
er. Mr. I'ntcrmyer reviewed a hat
of railrouda in which Mr. Kuker waa a
director, some of which the lawyer
said were potentially competing linea.
Mr. Kuker declared that lor theHe
road to have a common director waa
an advantage, "because differences be
tween the companies thua can be read
ily adjusted."
Mr. linker admitted that ho and Mr.
Morgan and Mr. Stillman consulted
frequently about largo financial oper
ations slid that he and Mr. Morgan
wvre interested In many vast financial
enterprises. He could not aay how
many.
LIMIT I'CT ON "MIDDLEMAN.
(Jovcrnnient OflirinN Regard Vic
lory as Important One.
Washington, I). C- The govern
ment's victory at New York recently
against the so-called lumber trust is
regarded by ollicials of the depart
ment of justice as one of the most im
isirtant accomplishments under the
Sherman anti-trust law, because it
limits in largo measure the power and
privileges of the much-discussed
"middleman" in commerce. The de
clsion is const rued here aa meaning
thut the consumer of lumber, untram
meled by tho retailer, may purchase
direct from the wholesaler or mnnu
fui turer, and the latter may sell direct
to the public without interference of
combination of retailers.
Rafale Valued at J9.300.000.
Sun Francisco Claus Spreckles,
millionaire augur refiner, left real
procrty amounting to $5, 700,000 and
IMTsonal proerty in excess of J.'i.dOO,
000, of which he devised half to hia
widow und half to C. Augustus Sprcck
els and Kudolph Spreckels, younger
sons; John I. and Adolph were cut
out, the will declaring that they had
been in a measure provided for prior
to their father a death. A contest
wua immediately filed and three days
after the widow died the court hnnded
down a decision breaking the will.
Lumber Trust Is Enjoined.
New York The government's peti
tion for a iiermuncnt injunction
against the Eastern States Retail
Lumber Dealers association, alleged to
be a combination in restraint of trade,
was granted Friday by the Federal
district court." The government's peti
tion alleged thut the defendants were
engaged in a conspiracy in restraint
of interstate trade, oHrated through
the instrumentality of blacklists, fines
and explosion from membership, and
that by trndo agreements they arbit
rarily fixed prices.
Danker and Wife Jailed.
Chicago -William T. Kirby, owner
of tho defunct Kirby Savings bank,
and his wife, Mrs. Margaret L. Kirby,
were ordered sent to jail on a con
tempt charge by United States District
Jialge Lnndis until they turn over
$;I0,000 auid to be missing from the
assets of the bank. The decision
came at the end of a scathing denun
ciation of the participants in what
Judge Lnndis termed a "fraud and a
frame-up par excellence in perjury."
Motor Company Ordered to Sell.
New York The receivers of the
United States Motors company were
ordered by Federal Judge Hough to
accept tho bid of $7,OHO,000 entered
by representatives of the company's
reorganization committee at the fore
closure sale of tho property.
Human Ashes Sent Hy Mail.
St. Ixuia Human ashes were mail
ed by parcel post at the Ht. Louis poat
offln for F-rfwarrtvlll. I" . wh- th-r
will
I .-V .
Baa a a a ii ii h m lal T i r .
FINANCES NEAR
DANGER POINT
Control in Bad Hands Would
Mean Ruin to Country.
Financier Admits Money Ia Much
Concentrated and Thinka Mat
ter Haa Gone Far Enough.
Washington, D. C That "the pres
ent concentration of money and
credit "has gone far enough,"
that "in bad hands it would have a
bad etrect Un the nation, that the
safety of the situation lies in the per
sonnel of the men in control and that
present conditions are "not entirely
comfortable for the country" were a
few of the statements mailo by George
F. Ilaker, master of finance, as the
climax of two days examination before
the hoUHe money trust committee.
Mr. liaker declared that "bad hands
could not retain control."
These statements, coming at the end
of a day of routine examination, dur
ing which Mr. liaker reviewed In de
tail the operations of himself, his
bank, the First National Hank of New
York and J. I'. Morgan Sl Co., in the
issuance of bonds, startled the com
mittee and Mr. Baker's counsel.
Samuel Untermyer, counsel for the
committee, was wading through a
mass of heavy statistica relating to
bond issues handled by Mr. Maker's
associates. Suddenly he paused,
leaned forward in his chair and shot a
question at the 73-year-old financier.
"Mr. Ilaker, I suppose you do not
think there Is a money trust?" de
manded the lawyer.
Committee, spectators and counsel
sat forward in their chairs. The wit
ness leaned back in his chair, smiled
quietly and replied:
"I do not think there is."
"What do you understand by a mon
ey trust?" Mr. Untermyer continued.
"I give it up; I don't know," said
Mr. Baker, with a chuckle.
"Suppose we define a money trust
as an established identity or commun
ity of interests between a fev leaders
of finance which has been created and
is held together through stock hold
ings, interlocking directorates and
other forms of domination over banks,
trust companies, railroads, public serv
ice and industial corporations and
which haa resulted in vast and grow
ing concentration and control of money
and credit in the hands of a compara
tively few men. Taking that defini
tion, ia there any doubt of the fact
that of late years there has been a
vast and growing concentration of
c nil it in the hands of a few men?"
"Well, there is a great amount of
money that has come together here,
more or less concentrated," replied
Mr. Baker after a pause.
"There have been great mergers of
financial institutions, have there not?"
asked Untermyer.
"Yes, sir."
"I auptxise you would see no harm,"
said Mr. LIntermyer, "in having the
control in credits aa represented by
the control of banks and trust com
panies, further concentrated? Do you
think that would lie dangerous?"
Mr. Baker pondered the question for
a time, and then answered. "I think
it has gone about far enough."
The Baker lawyers, sitting near by,
sat up in their chairs and looked in
terested. Flow Concern Expands.
Moiino III. The Moline Plow com
pany has announced that it has asked
fur an increase in its capital stock
from f'J.OOO.OOO to J30.000.000 and
for an extension of ita charter for 9'J
years.
At the sanw tirpe a long-pending
deal for the purchase of the Adriance,
I'lutt & Co. plant at I'otighkeepsie, N.
Y., was closed. The New York firm
has been known as an "independent"!
manufacturer of farming machinery of
various types. The Moline concern
now xssesses seven auxiliary plants.
Spokane Flour Goes I'p.
Sxkane The high cost of living
hns struck the Stxikane flour market.
dealers being notified by the flour mills
Saturday morning of an advance of 25
cents a barrel on all grades of flour,
including whole wheat, graham and
rye. The advance, millmen say, is due
to a stilTening of the wheat market on
the Coast, which has climbed from 82
cents to and K'.l cents a bushel dur
ing the past few duvs. Retail dealers
are comm-lled to advance their prices,
they say, as sixin as present stocks are
sold out.
Slate Control Opposed.
Lincoln, Neb. Governor Aldrich,
Nebraska's retiring executive, in his
message to the legislature, declared
thut stute ownership of water-power
development was as impracticable as
public ownership of the railroads.
The governor declared that "regula
tion which insures gixxl service at just
and equitable rates" is preferable to
state ownership, and anything more
than this would be contrary to publu
policy and result in preventing the de
velopment of capital.
Snow Falls in California.
Los Angeles More snow fell in the
mountain ranges of Southern Califor
nia. Forecasts of a heavy frost in the
morning caused citrus growers who
hud not suffered a total loss in the re
rent cold wave to resume smudging to
save the remainder of their crops. As
the tetneratiire was fairly high it
was not believed any great damage
would be done. A sleet storm was re
ported from Phoenix, Arizona, caua
ing much suffering to stock.
I lad ley to Get Four Votes.
Salt Lnke City Utah's four elec
toral votes for vice president will be
cast for governor liailley, of Missouri
This was tho agreement reached by
the electors. Mrs. Mariraret Jane
Wlohtar. ana of tha Rapubiirfkn sit
tnra. tH dauarhtar ft a law partnar of
a I ' , Pnn.h. Will I
SMART HOUSE FROCK
Borders of Fur Mark the Latest
French Designs.
ftsd tht Prevailing Color for the Re
markably Handsom Tta Gowns
That Are Now tha Vogus For
tho Afternoon Mtal.
Paris, franco. Exaggerated collars
tad cuffs are often the most effective
features of mors elaborate bouse
lrosses. Sometimes tbeae aarulsb-
loeuts are of embroidered mull; then
kfaln tbey will be made of handsome
ly embroidered chiffon over a con
trasting color. Fur, too, enters large
ly la the trimmings of bouse gowns
rt the better class. If the fur Is ap
plied in narrow bands It borders the
tunic, sleeves and neck. Sometimes
merely a touch of fur Is used when a
cluster of tails hold the draped skirt
la place. Many of the extravagant
house robes are of chiffon over a foun
dation of metallic embroidery done la
rtlver or gold. Such gowns are ornate
nod require handsome decorations la
i he house, otherwise tbey seem utter
ly out of place.
This season has brought out some
' rtlcularly handsome tea gowns In
isds, a color that not so very long ago
waa considered far too garish for
iainty results. Tbo new reds of the
present time are so lovely la texture,
; 'O harmonious In shading and design,
hat they have' a strong bold on sar
orlal fachlons. Take, for example,
(be soft red brocbe crepe or brocade
.'barmeuse trimmed with dark fur and
dyed lace with here and there a touch
it dull gold or silver. It would hardly
j be possible to Imagine anything rich
r, and especially when designed for a
'ark beauty. There are also In these
asclnattng new reds, certain soft
ones that are exceedingly becoming
o the blonde type, and when em
'rfdlUhed with delectable laces the
"Uccess of ths combination Is lovely
xsyond description.
Along Negliges Line.
The crepe house frocks often take
n lines of the negligee combined with
ome sort of lace, net or chiffon coat
ir tunic affect. One of the bandsom
rof this style was of peach blossom
dnk crepe, draped with cell blue chlf
.on. over which was a conventional de
Irn of peach blossoms done with spilt
.Ilk threads and touches of silver tin
tel. One aldo showed the coat effect
'ailing low, almost to the hem of the
obe, end on the other It was much
horter. All around the tunic was bor
lered 1th a narrow band of dove
rray marabou caught here and there
.1th a cluster of tiny flowers In shades
f pink, violet and blue. The under
.obe was laid In soft folds that fell
in long, graceful lines from the high
alst line to the floor, where It float
ed several inches at sides and back.
The front mas caught above the ankle
and held with a cluster of flowers.
Muffs are getting smaller! Paris
shows them smaller and 'we are be
glnnlni to see an occasional one, tiny
and round with room Inside for the
hands only, the wrists protected by
the cuffs or not. This la not. however,
to be Interpreted as a command to
throw sway or cut down your big.
roomy, pillow muff. Not for a season,
anyhow.
Pretty Footwear.
Smart women Just now are taking
very kindly to the new buttoned
strap pumps, especially of the two
strap style, more conservative than
the three and more dressy than the
one. For carriage and Indoor wear
they are much affected by the woman
who defies the rigors of the weather
when It comes to a matter of pretty
footwear. Gun metal calf Is popular,
with leather or cloth uppers. Tbey
are buttoned the button la the thing
when It comes to a matter of choosing
the rlKht mode!
Eollenne Is one of the newest fabrics
for afternoon dress. It Is a stuff, be
ing silk and wool, that falls Into Just
the right sort of drapery lines, and
has a surface rich enough for an elab
orate three-piece suit to be worn with
the fur set, or for a delightful bridge
party frock.
The ame thing may be said of crepe
de chine of the beautiful heavy vari
ety. For the coat of a three-piece suit
of crepe It would be better to use vel
vet, lined, perhaps with the crepe.
The velvet coat with a silk or cloth
three piece Is very smart both In
America and In Purls.' Besides, crepo
de chine Is adapt) d for embroidery and
embroidered stuffs are coming to the
fore. Crepo de chine Is again a lead
er In petticrat material, if ono wants
silk Instenrt of dainty, sheer, clinging
Swiss embroidery
Afternoon Frocks.
At an afternoon tea the svher day
there were two frocks that had suffi
cient Individuality and personality
If one may use the word In such a con
nection to warrant a description all by
themselves. One was worn by a wom
an of full figure and was unusirally
appropriate, while adhering to tha
edicts of style. A cream net tunic,
brilliantly beaded and embroidered
with flowers In somewhat bright col
ors, had been made with a plain skirt
of old gold satin. Over the entire gar
ment had been most deftly draped
block marnulsetto, In very long lines
that gave slenderness to the figure. It
was crossed surpllce-wlse In the bod
Ice, leaving a very low neck that held
pieces of cream lace crossing the
shoulders. The girdle waa black sat
in, ending In a long sash at the left
side, tacked very firmly Into Its place
to give a loose and artistic effect that
held to slim figure lines. The draper
lea of the skirt, careless as they
Novel Neckties.
In tha region of furs thera la per
haps nothing that shows tha effects
of change quite so much as tha new
neckties and wraps. It has been
agreed that there Is nothing specially
new about fur coats, nothing at least
that requires remodeling, though to
be really smart a coat must bare a
border of fur all around it nowadays.
Hvt tbatra ar-a la tba aaaallar mas
lata oaaa-aa. aaa lfcaaa
r . a- ' i
seemed, were tacked ever so e,vre
fully! The other dress was worn by the
hostess It was made of muslin em
broidery wrought on very fine cream
batiste, the eyelets sod tbs solid design
In colors, old blue, green, rose and
tan. The design or the dress was
very simple, and purposely so, to show
off the most exquisite pattern of the
material, which really trimmed Itself,
without the necessity of a lot of addi
tional adornment. The hostess whis
pered an admission that ber own
home sewing woman had made the
dress after the design that she her
self had chosen.
Colors Are Gorgeous.
This season's gorgeous display of
colors and fabrics makes choosing
much less difficult. A very stunning
Utile robe In midnight blue cashmere
de sole shows much originality In de
sign. The tunic is made of silver
gray satin draped around the ftKure
and In part finished with long sath
ends trimmed with fringe. This tunic
is decidedly longer at the back, but
does not reach to the bottom of the
underskirt, which Is quite narrow and
has a slight train. The waist Is
quaint and quite unusual with a front
of cream net, the bands of the sleeves
of embroidered chiffon and the upper
part of the sleeves of embroidered
crepe and a collarless yoke and deep
cuffs of beavy lace.
The model under discussion Is more
on the order of the robe d'lnterleur
than other styles mentioned, but is
Just aa loose fitting and consequently
as comfortable aa any tea gown would
be. With all such gowns there should
be the unboned lining of China silk
or mull and cut so that It can be
worn without a corset A noticeable
feature with the smartest house
gowns Is, that they are slashed some
where on the skirt or blouse, showing
a dark or contrasting color in the fold.
Cordlngs and pipings are well adapt
ed with that Idea, but unless they be
of velvet they seem bard and unless
the velvet be bf softest texture the ef
fect Is clumsy looking. The Important
point Is to have things soft and airy
rather than stiff and regular in line.
If one prefers a light weight bouse
robe of a simple, unpretentious kind,
the silk lined albatross Is perhaps the
most satisfactory. French challis is
a practical material for this use, but
garments made of challis are more
on the negligee order and hardly suit
able for general indoor use. We have
seen some likable house frocks made
of supple light weight broadcloth with
frills of plaited lace or net In sleeves
and neck. The typical French bouse
dress haa a long coatlike overdress of
soft voile or chiffon bordered with a
band of marabou or ostrich feathers
In the came 'one. The talis of the
coat or tunic fall over a soft skirt of
brocade velvet or satin. A handsome
gown of this character was developed
In soft tones of mauve and green, or
rather that superb new shade of a
greenish blue that blends so beauti
fully with mauve.
In our Illustration the first gown ia
of pink moussellne de sole made op
over taffeta or liberty In the same
shade. The blouse forms a wide box
plait In front and Is finished around
the neck with a gulmpe and ruffles of
the same material.
The skirt ts composed of three deep
ruffles, and the girdle Is of liberty or
taffeta like the foundation.
The other gown is of greenish blue
mousseime ae sole made up over
changeable green and yellow glace
taffeta. The blouse Is finished around
the low neck with gold fringe, which
forms all the sleeves there are. In
side this Is a little ruffle of white
tulle or lace.
The skirt Is In thin stages, trimmed
with the gold frlnije. The girdle is of
green liberty. With this striking cos
tume are worn gold slippers, with
green silk stockings.
When Cleaning Veils.
With the purchase of the first fall
hat comes a demand for veils. These
attractive and becoming accessories
are often a large Item In the expense
account and many women would be
glad to learn how to successfully
clean the ones which have done serv
Ive last year.
Place them In a Jar of gasoline and
gently shake them back and forth. Al
low them to remain for an hour and
Change the gasoline.
Screw the top on tight, and after
another hour remove the veils and
shake dry. Hang In the air until the
odor of gasoline has entirely disap
peared, then press with a warm Iron
rale that these are either narrower or
broader than they were.
The square or rounded collar fin
ished by talis may still be worn by
middle-class matrons who cannot af
ford to consult the whims of every
season, and a sufficient number of tha
new furs are made In the same fash
ion to prevent their feeling out of
date, but such peltry aa this haa ao
stafsM la bataar an aa ta aaca.
ALL OfES HJWN
';kftrff iff M00v4
V. -. . ''.' " mm r a , n t a -. i i4 m ,w s. ,
a
PANAMA POLICE. rORCX
THE Panama canal is costing
this country $400,000,000. It ts
a stupendous sum, but It Is as
nothing to the money which Is
being spent for the objects of
that canal ships and shipping facili
ties. Take only the Pacific coast of this
country. Bee what Puget sound. Port
land, 8an Francisco, Los Angeles, are
contemplating in docks alone and
f 50.000,000 wilt not do more than well
tart the work. Just about that same
sum Is earmarked by the three west
ern Canadian ports of Vancouver,
Victoria and Prince Rupert.
New York. Boston, Philadelphia.
Baltimore and the southern porta of
the Atlantic coast are putting in
port Improvements which will cost
far more than 1100,000.000; New York
itself spending $70,000,000. This Is
not taking Into account what is pro
jected and being carried out In the
gulf ports. Nor does It reckon In the
Improvement of the Mississippi.
Montreal Is spending $14,000,000 on
harbor Improvements. Halifax and
8L John are following r :lt Canada
Intends to have its share.
Europe Spending Much Money.
Europe thinks itself vitally con
cerned, Alfred W. Dyer writes in Rail
way and Marine News. Especially Is
this the case with Great Britain, for
nearly one-half of the carrying trade
of the world Is in its hands. London
is spending $83,000,000 on its docks,
although those already existing prob
ably represent an outlay equal to
that upon the Panama canal. Liver
pool, whose docks have cost $150,000,
000, Is determined that it shall not
fall back and is spending an addition
al $16,000,000. Glasgow and Manches
ter are each providing like facilities
to Liverpool. Southhampton thinka
$10,000,000 not too mucU to spend for
better accommodations for its passen
ger traffic. Cardiff believes the ex
tension of Its coal and general busi
ness worth an. investment of $12,000,
000. The llttYe port of Bristol, mind
ful of the glories of Its past when this
country was first being settled and
Virginia was peopled from Its
wharves, has authorized an expendi
ture of $25,000,000 to bring it up to
date.
Germany, France. Holland. Bel
glum are taking the lead on the con
tinent of Europe. Hat,Nirg. which
has spent $130,000,000 In creating a
modern port, thinks that the opening
of the canal warrants the expenditure
of half as much more and Is setting
about the spending of that money
most buBlly.
Antwerp, having $45,000,000 Invest
ed, is putting In $53,000,000 more.
Little Havre with a population half
that of Seattle Is spending $17,000,000.
having already expended $50,000,000.
Rotterdam Is In nowise behind.
Nor has been regarded the expendi
ture upon ships. At the end of 1909
the gross tonnage of ai! the shipping
In the world was very nearly 42.000.
000. steamers and sailing vessels,
wood and steel. This does not
take Into account vessels of less
than 100 tons burthen, nor the
wooden vessels on the great lakes,
neither does it Include Japanese and
Chinese Junks, up to 300 tons In
burthen, nor. Indeed, multitudinous
small vessi. European and Asiatic,
trading In the Mediterranean, the
Plack and Caspian seas and In the
Malayan archlpelaso.
Shipyards of the World Busy.
That mercantile fleet served the
world. It Is no longer sufficient.
Every shipyard In this country, every
shipyard In Europe. Is busy preparing.
Cargo space la already at a premium,
as sound shippers are only too well
awnre. In addition to that 42,000.000
tons there will have been built by the
time of the opening of the Panama
canal, mainly to supply Its needs, at
least an additional 14.000.000 gross
tons, the cost of w hich Is nearly equal
the cost of the canal Itself.
Gifts for Children.
Sometimes we find it necessary to
give gifts to small children, who have
practically everything one can think
of. Perhaps this plan, that has helped
me, may help others. For a little
boy three or four years old, one may
make a book of thin cardboard with
a gay cover, and his name on the
cover. Paste an envelope on the in
side of the cover and fill it with
bright and pretty pictures cut from
magazines. The little fellow can
paste them In the book aa his fancy
dictates. For a little girl of the same
age, make a winter outfit for one of
h rf.tia She will enlov clothes that
have buttons, and that may be taken
off and put on at her will, in giving
It, enclose It In a cardboard dox
covered with pretty cretonne. For
an
older child a good game often
gives much pleasure. Mother's Maga
zine.
Flowers Quickly Wilted.
ta eaaa a4 kaaa eoaeludaal aae)
tka sHoraar wba had dafaaa'ad a au
a akam or aaaaalt mm to aaaara
aaa aaJ aaMraaa to tao tmrr waUo waa
It Is a sirnlflcant fact that two
thirds of this tonnago Is being built
by the British, for themselves and for
foreign nations.
But why why this enormous ex
penditure? What is It all about?
It Is a local Idea upon Puget sound
that the valte of the Panama canal
is overestimated that already it baa
been discounted. If this wers true
then the world generally is engaging
In the pleasant pastime of fooling it
self. m
There was a time la history when
the Mediterranean was, as Its nam
signifies, the center of tha world's
commerce. At least the center of tha
commerce of the western world. Co
existent with the commerce of that
day was that of the orient. Of fabled
Hind and far Cathay little was knows
In the way of trade. Mungo Park and
Sir John Mander'.'.'.e took business ex
cursions to the east, but the tales they
brought back were regarded as of lit
tle worth. Mandeville, In particular,
was unanimously elected to tha
Ananias club, tho presidential honors
of which be has shared ever since, ia
the popular estimation, with Baroa
Munchausen.
But the Portuguese found their
way round the Cape of Good Hops
to Goa. The route was found prac
ticable. The face of Europe changed
almost Instantly. A century later
Turkey, Spain, Holland, England,
France had wrested It from them.
Europe fronted on the sea which bors
Its ships to the orient For the trade
at first was not with the new world;
It was with the teeming population
of the far east American trade b
gan only to assume Its present ltn
portance when this continent begas
to have a population which had tha
means to buy as well as the energy
to sell.
The opening of the Sues canal
doubled the trade with the orient Is
a few years. It has again doubled
Agaln Italy sprang to the front;
again Egypt and the southern, as well
as the northern shore of the Medlter
ranean. once more upon a world trsda
route, began to sssume Importance
to be worth fighting for.
It Is that backsight into the lessons
of the past which has ever favored
the opening of the ditch across tha
Panama Isthmus. The early Spanish
conquistadores saw Its advantage ts
Spain. In that It would open the
south Pacific coast line of America
to that country. Today Its opening
will not only mean that to Spain, but
It will mean that to every European
nation, and mcst particularly to tha
wpstern states of the union. Gut now
the north Pacific coast Is more im
portant than the south. There ts a
ereat trade In the Islands of the
Pacific coast Is more Important than
the south. There Is a great trade Is
the Islands cf the Pacific with Ans
tralasla. with the East Indies, and
China and Jaran. to be reached
through that canal which did not exist
when Balboa stood on the Isthmus
If the canal was worth something
then what must It b worth now?
Such a vision is sufficient to attract
the attention cf tr-n most Inattentive,
unseeing of observers. But If to
talis are f xair.We. in a business way
It is at ones jeen that one-half has
not been tc-Kl.
Nearly one half of the population of
the world dv.- ils upon the shores of
the Pacific A mens the peoples of
that population sre three nations of
one race, snd that a race whose Ian
guane. laws anJ activities domlnats
modem times. These are the Ameri
cans, the Canadians and the Austral
lans. Backing these sre the reawak
ened civilizations ef China and Japan.
Surely an ocean whose borders are so
populated must count for much.
The dominant ration Is. of course,
this country, and to It should come the
lion share of the increase.
to decide his client's fate. He was s
flowerv talker and his argument ran
something like this: "It was a beauti
ful evening. All nature was smiling
at rest. The birds twittered their fare
well to the sun, knowing that ths
moon would soon be up. And Just at
this time, gentlemen of the Jury, la
this peaceful environment, the prose
cuting witness came out from behind
a billboard and called my client a liar.
The Jurors laughed and convicted.
i
Scholars In Politics.
Men may now have a bewildering;
list of degrees without having the
"scholarship" which the world stilt
associates only with the llteraturs and
philosophy of tho ancients. Yet ths
American public men of an earlier
generation filled their speeches with
nuntatlons In the original from Plats
and Aristophanes, Virgil and Cicero,
and with allusions to clnsslcal mythol
ogy and to mstorieai nappenings on
tha ahoraa of the blu Aaa-aaa or
alrfa tha taaraav TIlMMP 4 9 - '
awteiMl ar all -' '
SBllasw '
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