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T&E jIORNmG OBEGONIAy TUESDAY, MAY 141901.
V yyy "i-waf jWHWBjW- -"
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Puget Sound Bureau Captain A. Thompson,
office at 1111 Pacific avenue, Tacoma. Box 955,
Tacoma Postofflce.
Eastern Business Office 17. 48, 40 andJO
Tribune building, New York City; 469 "The
Rookery," Chicago; the S. C. Beckwlth special
agcrcy. Eastern representative.
For sale in San Francisco by J. K. Cooper.
T46 Market street, near the Palace Hotel; Gold
smith Bros.. 236 Sutter street; F. W. Pitts.
1008 Market street; Foster & Orear, Ferry
news stand.
For sale In Los Angeles by B. F. Gardner,
259 So. Spring street, and OIH er & Haines, 100
6o Spring street.
For sale in Chicago by the P. O. News Co..
217 Dearborn street.
Tor sale Jn Omaha by Barkalow Bros., 1612
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Forsale In Salt Lake lay the Salt Lake News
Co , 4 1 "IV. Second South street;
For sale In Ogden by W. C Kind, 204 Twenty-firth
street.
On file la "Washington. D. C. with A. W.
Durn, 500 14th N. IV.
On file at Buffalo, N. T.. In the Oregon ex
hibit at the exposition.
For sale In Denver, Colo.. y Hamilton &
Xendiick. 900-912 Seventh street.
TODAY'S "WEATHER. Probably fair; winds
most'j northerly.
PORTLAND, TUESDAY, MAY 14, l601.
MR. HILL'S dOMPLAIXT.
"Without doubt it would be a desira
ble thing: for- the Great Northern to
obtain complete control of so powerful
a competitor as the Northern Pacific
Uqually obvious is the desirability of a
Great Northern and Northern Pacific
combination's obtaining control of the
Burlington system and thus equipping
Itself with connections calculated to
put the Union Pacific at a decided dis
advantage. But is it reasonable for
the promoters of such a scheme to ex
pect the' Union Pacific to sit Idly by
under the 'campaign directed at it, and
not seek to protect Itself? Such, ap
parently, -was Mr. J. J. Hill's expecta
tion. If -we may judge from the Inter
view with him contained in Sunday's
dispatches, wherein he said:
"The trouble -was not foisted upon the public
by us. I did not speculate myself In a single
share, and the shares of the Great Northern
and of the Northern Pacific -which I hae today
I shall keep, If I can, until doomdaj."
Mr. Hill paused and turned half around.
"When he turned back there were tears In his
cjes.
I have received lots of letters' he said,
"from friends of mine men and -women who
are not rich, who are comparatively poor.
They knew that I -was Interested personally
and largely In my properties, and they had
faith In them and In me Now they are com
yletely ruined, and simply because 'they hae
been caught 4n tne- -vortex of a gamble. Tet
they bought their shares In good faith. This
ery morning I got a letter from the -wife o
a friend of mine, telling me of the looses to
her family. I repeat that this trouble has not
been of my making, and no one regrets It
more than T do "
The only rational Interpretation to be
put upon these lachrymose utterances
is that Mr. Hill feels that "his attempts
to acquire Burlington and put the
Union Pacific In a hole should not have
been resisted by Harriman and Kuhn,
Loeb & Co.. but should have been al
lowed to go -on smoothly to their com
pletion. Then there would have been
no corner In Northern Pacific, no panic,
no losses by crazy speculators.
The inadequacy of Mr. Hill's conten
tion is increased by the nature of the
operations in which he and his friends
have been aotlve for months5 past.
"We alluded the other day to his opera
tions In Erie and Baltimore & Ohio,
"which were accounted a railroad move,
but afterwards pronounced, in quar
ters friendly to himself, purely a stock
speculation on which he cleared 54,000,
000. But this is innocence itself com
pared with the Northern Pacific and
Burlington deals. Mr. Hill's fight, and
the fight of those he antagonized and
aroused to retaliation, has been a fight
to see who should use the credit of the
Northern Pacific in a stupendous flota
tion scheme. It is a move to get control
of a business property through bor
rowed money, and then to force an
other business property to take up the
first at high valuations, Issuing, for
the purpose. Its own securities. The
stockholders in the Northern Pacific,
that is, the public, are to issue bonds
at a valuation set by Mr. Hill and his
friends, to buy from the stockholders
of the Burlington, that is, the public,
the Burlington road.
The "corner" and the resistance that
caused it are each natural results of
Mr. Hill's bold game of manipulating
to his own advantage the business
cwned by other persons. It is no time
row to cry over the losses of innocent
purchasers Of stocks whose interests
"were ignored by him In projection of
its deals. They had faith In him, it
is true, but he should have known, if
they did not, the reprisals he "was tak
ing chances of provoking.
A ,TIUKE IMMINENT.
The vexed question of ten hours' pay
for nine hours "work threatens to cause 1
an extensive strike among machinists
and roetal-worlcers in Eastern cities on
the 20th of Ma). lr not amicably settled
sooner. The post of such a strike at
this time, not orily to labor but to cap
ital, would be enormous. Indeed, It Is
at this time Impossible to compute it,
bo far-reaching in business, commercial
and industrial movements is the line of
labor represented, and the capital em
ployed in the metal industries. At first
thought the demand of the mechanics
seems "without shadow of excuse in
equity or reason. The demand that
men should be paid for time aggregat
ing six hours per -week to each man
in excess of the actual time given to
their employers service is, broadly con
sidered, a demand of something for
nothing, to which no business man Is
disposed to yield. On the other hand,
the men contend that4he profits of the
metal industries are at present very
large; that all should not be absorbed
ty the operators, but that, in common
Justice and equity, the labor that is
Ha equally Important and wholly lndls-
Tensable factor In production should
share them, to the extent indicated by
the demand of a shorter working day.
The forces represented in this con
tention on either side are formidable.
Capital aggregating millions of dollars
in value on one hand is confronted by
the hosts of labor on the other, 500,000
strong. Each side Is fully conscious of
Its own power, while not unmindful of
that -of the other. Under such condi
tions It would seem that every art of
conciliation should be exhausted be
fore open warfare is declared. Conces
sions must be made in the end by both
parties. The question, "Why not in the
beginning?" is a pertinent one. It is
incredible that experience should be
allowed to go for nothing in a matter
of such vast importance. There is yet
hope that counsel will be taken of sweet
reasonableness in time to avoid a strike
so expensive and disastrous as this one
would of necessity prove.
A VEXED QUESTION.
Mr. Walter Wyckoff, whose peculiar
method of studying the labor problem
has brought him some renown and
thrown not a little light upon the labor
question, reiterates, in his latest maga
zine article the statement that there is
a reasonably steady demand for labor
In the farming regions, even at times
when workingmen are standing idle In
the cities. He has borne this testimony
before, as all who have followed him
in his volumes, "The Workers," can
testify. It has, moreover, been widely
corroborated by the experience and ob
servation of other thoughtful men. In
view, .however, of recent assertions
which declare that the reason why
young-men leave the farms is that their
labor there is displaced by machinery,
it is interesting to find in the May
Scrlbner an amplification of this wri
ter's experience.
When Mr. Wyckoff was voluntarily
tramping through the country in the
character of a workingman out of a
job, but willjng to turn his hand to any
thing that offered, he found employ
ment difficult to obtain in cities, but
was often literally besieged with offers
of work in the country. In the same
year in which he sought employment'
in vain for two weeks in Chicago'' he
had offers of work while walking
throngH the farming regions of Indiana
and Ohio, and In Iowa farmers would
stop him on the road and ask him to
work for them. This opportunity to
work on farms, of course, varies with
the time of year, but, according to this
generally accepted authority, it pre
vails to a certain extent the year round.
It is also a fact that this dearth of labor
on farms is more acute now that indus
trial enterprise has again become
active, and the question of labor equal
ization, so to speak, Is manifestly' a
perplexing one.
In the first place, city employment
is for various reasons much more at
tractive to the masses than is work In
the country. It Is against this fact that
farmers In search of labor must con
tend, hopelessly, as it would seem, since
there is no remedy for it Against it
stands the further fact that the wages
of farm hands, nominally less than
those paid in cities and towns, are fully
equal to" the average when cost of living
is taken into account. As long as work
ingmen prefer to live in cities, even
though the weekly expense absorbs the
weekly wage, to living in the country
where the pay received, being in addi
tion to board and lodging, may be
counted upon as a surplus, they will
congregate upon street corners with the
plaint, "no man hath hired us" upon
their lips, while farmers will seek In
vain for steady men to assist in plow
ing, sowing and harvesting. If some
means can be devised whereby men de
void of the love of Nature and her op
erations in field and orchard, who pre
fer the noise and excitement of crowds
to the peace and quiet of relatively iso-,
lated family life can be made to take a
different view of life and place a new
Interpretation upon pleasure, then the
problem will be solved. That is to say
it will solve Itself. Until then it wiir
continue to be a vexed question.
A REMARKABLE TRIAL.
The trial of Charles R. Eastman, at
Cambridge. Mass., for killing his
brother-in-law, Richard Grogan, has
terminated In the acquittal of the de
fendant Eastman is an educated man,
who has charge of the department of
vertebrate paleontology in the Agassiz
Museum, at Harvard University. The
shooting of Grogan by Eastman took
place while they were firing at a target
with pistols. There were no witnesses,
but Eastman testified under oath that
he shot his brother-in-law accidentally
by the premature discharge of his pis
tol, and that -Grogan survived his
wound long enough to say to the nurse:
"Charles has shot me; there hells now,
looking at me. Honest to God; he shot
me." Eastman and his wife testified
that the relations between the; men and
their families had always been exceed
ingly cordial in every respect but Gro
gan's mother testified that there had
been a quarrel on one occasion, when
Eastman had said to Grogan, "Your
days are short" There was a struggle
between the men after Grogan was
shot, concerning which Eastman testi
fied as follows:
I stepped forward to assist him, and he stag
gered back, -with his hand waving. His re
volver "was discharged, and I dropped my re
volver and ran forward and grasped either his
hand or his revoHer and we came together.
He resisted me in such a way that we grap
pled. There was a struggle for the possession
of that gun on my part, brief and violent. I
know there were exclamations and later cries.
The first exclamation was a drawing of breath,
deep and quick; he -said, as near as I can re
member, "Damn It; you have shdt me: damn
It. I am hit!" I can remember that, after wo
had stumbled about for quite a little while, he
turned and was brought down on his knees,
and with a wrench I got away.
The next thing I knew we were running and
we came together again. There was. as I re
member, nothing In ouf hands. There was
some scuffling. There lay opposite us some
weapon which I tried to knock out of the way
with my feet to keep him from getting It. I
don't know what that wat. There was some
struggling and then he broke away from me
and ran. I saw him climb the embankment. I
saw him struggle across; I saw him stumble
and fall Into Dallinger's arms.
There was considerable testimony to
the effect that high words had been
heard between the men before the
shooting took place, but while Grogan
In his dying moments did not specific
ally exonerate Eastman of any Inten
tion to shoot him, neither did he spe
cifically impute any such intention to
him. Of course, he might have ab
stained from doing this for family rea
sons. If the men had had a sudden
quarrel while target shooting and East
man had shot Grogan In a fit of pas
sion. It is possible that Grogan would
have refrained from charging Eastman
with hostile intent, and it Is quite pos
sible that If he felt confident that his
shooting was an accident he would not
In his dying- words -specifically exoner
ate his brother-in-law, since', in ab
sence of any known motive for hostil
ity, it would jiot be necessary, from
the friendly Intimacy of the two men,
to say specifically that his shooting
was the result of an aceldent The
struggle that followed the shooting was
not unnatural. Eastman' was beside
himself with fright and Grogan half
crazed with the pain and horror of his
situation. Grogan was shot when he
had his revolver in his hand aiming
at the target, and as he staggered under
his wound his revolver -was discharged.
It was natural for Eastman to go for
ward to assist hfm and to wrench the
revolver from him, lest In his bewilder
ment of pain and fright the weapon
should be discharged.
Eastman owes his acquittal to the
fact that the jury bejleved he told the
truth, and they were persuaded to be
lieve him because there was no motive
for a deadly quarrel between Eastman
and his brother-in-law, who had been
entirely friendly, Indeed very intimate,
up to the last hour of their companion
ship. The good reputation of the de
fendant; the failure of, the dying man
to impute hostile Intent to his slayer;
the frequency of such accidents among
people who habitually amuse them
selves with target practice, all con
spired to persuade the jury that East
man told the truth;' that.he was a very
wretched man, who never would have
been placed on trial for his life if there
had been a respectable witness to the
whole affair. Eastman's acquittal on
the strength of his reputatlpn aria char
acter recalls the fact that when Pro
fessor Webster, of Harvard College,
was hanged for the murder of Dr.
Parkman, in 1850, It was" said that If
Webster had 'frankly confessed that ho
was guilty of manslaughter the jury
would have believed him, but his at
tempt to destroy the body of his victim
and deny his guilt, tpsave himself the
social disgrace of a long term of im
prisonment ended in his conviction and
execution for murder. .
UNWRITTEN LAW; .
When the National House of Repre
sentatives asked President Grant where
he had been, he replied in substance
that it was none of' the House's busi
ness, and would not -have' been had he
as Commander-in-Chief of the Armv
and Navy been out of the United States.
As a matter of written law, President
Grant was undoubtedly right, although
It is the common impression that the
Chief Executive cannot leave the ter
ritory of the United States within his
term of office. But there is nothing in
the Constitution or the laws to prevent
him. He can go to Canada or to Mex
ico or make a -Visit abroad, and there is
no legal or constitutional power to stop
him. Nevertheless, the" Presidential
practice of never going out of the coun
try has obtained the force of an un
written law, for no President of the
United States has ever departed from
its jurisdiction while in .office. Presi
dent McKlnley, in his speech at El
Paso, said to the Mexican represent
atives that he could not "go over there
but they can come over here." Mrs.
McKinley crossed the bridge into Mex
ico, but the President halted at the
American end of the bridge. General'
Harrison, when visiting El Paso diirin'g
his Presidency, went out to the middle
of the bridge, but stopped at the point
where Mexican jurisdiction began.
The Constitution provides that In
case of "the removal, death, resignation'
or inability" of the President to- per
form the duties of his office, the same
shall devolve upon the Vice-President
The question whether the absence of
the President, from the United States,
even for a very brief space of time,
would constitute a case of inability or
disability, has never been settled be
cause it has never been raised, but be
cause of this question no President has
felt free as a matter of political pru
dence to leave the country. When Sec
retary Long took a vacation in the
Spring of 1898 and Assistant Secretary
Roosevelt became acting Secretary of
the Navy, he managed in a week to
send a number of dispatches which
made more far-reaching trouble than
'Secretary Long could cure In a year.
It Is now suggested to every intelli
gent mind that it is among the possi
bilities in event of a very brief ab
sence of President McKinley from the
country that the restless "Teddy''
might assume the office of Chief Ex
ecutive, make appointments or per
form some other executive act while
the President was on Mexican soil. In
that event, on the President's return
the question whether disability for the
performance of executive duties can be
affirmed of the President's presence on
foreign soil would doubtless be referred
to the courts for judicial review and de
cision as a constitutional question. The
constitutions of most of the states spe
cifically provide for the assumption by
the Lieutenant-Governor of the duties
of the Governor when the latter is ab
sent from the state. When Governor
Smith, of Montana, was absent in Cali
fornia, the Lieutenant-Governor ap
pointed William A. Clark, whose seat
had just been declared vacant by the
United States Senate, to the vacancy.
In the case of the President of the
United States the assumption by the
"Vice-President of the duties of the Pres
ident when the latter Is absent from
the country is but vaguely implied, but
it is this doubt which prevents the
President from taking any leave of ab
sence for a longer or a shorter time
from the territory of the United States.
If it should be decided by the courts
that the briefest possible absence of
the President from the territory of the
United States disables him for the per
formance of his duties, why, then, the
Vice-President could assume the chair
and work a deal of political mischief
in a few hours. A Vice-President of
the type of Andrew Johnson, or, in
moments of warlike excitement of
"Teddy" Roosevelt, might do a deal of
harm for which there would, be no legal
or constitutional correction or remedy.
In such an event, some tribunal would
have to decide, if the President lost his
power during hlsabsence, how he
should regain It on his return from his
visit to foreign soil, near or far. Prob
ably this determination to avoid all
possibility of furnishing any opportu
nity for a factious Vice-President to
"make a monkey" of the Presidency
and force a judicial settlement of a new
and embarrassing constitutional ques
tion, lies at the bottom of this unwrit
ten law under which all the Presidents
have been extremely careful to keep on
American soil.
The sovereigns of Great Britain go
abroad. Queen Victoria was an annual
visitor to the Riviera. It may be said
that the King or Queen is only a" figure
head; that the Prime Minister "of Great
Britain is "the real executive of Us gov
ernment and that the presence or ab
sence of the monarch is a thing of no
consequence, since" the Prime Minister
really governs Great Britain as an ex
ecutive of the wilL of Parliament, as
our President is of the will of Congress.
This plea woulcl be of no consequence,
for the Prime Minister goes as he
pleases. Gladstone spent all his Win
ters while Prime Minister in the
Riviera, and Lordi Salisbury is now ab
sent from the realm, and for several
years past has spent his Winters at the
health resorts of the Jura Mountain
district of France. But our President
does not dare, even for a moment, set
foot on foreign territory. When we re
member the. violent contrast between
the Intellectual and moral nature of
Lincoln and that of Andrew Johnson,
It Is easy to. understand, had Lincoln
lived, how he might "have hesitated to
cross the line to Mexican or Canadian
soil.
The shortage in the school land funds
represents a carelessness or Indiffer
ence on the part of the State School
Land Board of a past administration
that is perfectly Indefensible, even by
the most lenient rules that govern offi
cialism in Oregon. As designated by
the Salem Journal, the "old Metschan-McBrlde-Pennoyer
board" exercised the
most perfunctory supervision over the
Ubooks of its clerk when ltwas its plain
and sworn duty to see to it that, as its
agent and employe, he accounted for
and turned over all theT moneys col
lected from the sale of school lands.
When the Journal adds that these men
"owe the state school fund whatever
sum their clerk and agent failed to turn
over, whether a Legislative whitewash
intervened or not, and that they should
be sued with the bondsmen if they do
not upon demand make good the
amount of'-the defalcation,." it makes
a.-statement that taxpayers generally
will indorse and that equity Justifies,
whether it is or can be ratified by judi
cial proceedings or not.
-The wild columbine is strongly urged
as "a National flower" by the many
friends of Its whole family from Flor
ida to Maine, from the Rockies to the
Pacific -Slope. The partisans of the wild
columbine Include Professor F. L. Sar
gent, botanist in the University of Wis
consin, president of t the National Co
lumbine Association; and Dr. Rolfe, the
Cambridge Shakespearean; "Bradford
Torrey, the observer of nature; C. How
ard Walker, lecturer on architecture of
the Boston Museum of Fine Arts; Rev.
Dr. Moxom, of Springfield, Mass.; Wal
ter B. Adams, of Boston; Rev. Francis
Tiffany, of Cambridge: It Is urged that
the columbine grows In semi-tropical
Florida, in Colorado' and ail the Rocky
Mountain States, in all the states of the
Pacific Slope" and in the Middle West
and New England.- This is true, but
the columbine has no proper fitness
compared with other flowersfor it has
no wearing quality in leaf or flower
that fit it to be used as a badge on
public days.
The memorial .fountain of Eugene's
patriotic dead who lost their lives in
the Philippines will bre unveiled in that
city May '17. We have before spoken
ofthe appropriateness of-the memorial
that, in enduring granite, will stand "in
a public square in Oregon's university
town, .attesting" at once 'the valor and
sacrifice of Lane' County boysr'ln th'e
far-away Islands .of the Pacific and the
loving remembrance of their friends at
home. To the-schoolboys of the pres
ent and of coming generations we would
say, visit this fountain inscribed with
the names of the brave, drink from its
pure waters, and may you never be
possessed of a thirst that they will not
quench, .
Enterprise begets enterprise. Citi
zens of Sellwood made laudable and
successful effort to secure the Portland
woolen mills. Now come the citizens
of Willsburg, an adjoining suburb, of
fering inducements to capital to build
a fruit'eannery near the location chosen
for the woolen mills. This efforfalso
should, and probably will, succeed. A
site well placed, and convenient to th&
railroad and a bonus of land and money
are inducements worthy of considera
tion in-"" connection with an Industry
that, if properly equipped and managed,
cannot fail 'to prove profitable.
A Connecticut jury 'declines to convict
a woman of murder in the first' degree
because the first degree means capital
punishment. Tet a Connecticut jury not
long ago sent a 16-year-old. boy to the
gallows. Of r course, If woman Is the
equal of man, she ought to be hanged
for murder just as long as the death
penalty Is inflicted upon man. Mrs.
Druse, who was hanged in Warren
County, New York, some years ago,
killed her husband with-an .ax,-cut
him up and burned him in the stove.
Mrs. Druse ought to have taken up her
residence in Connecticut.
All 'that Dr. Hillis saysrabout gam
bling is true, and the pulpit is as
promising a place as any, from which to
eradicate- it. If you can't reform the
life, you can't control its outward ex
pression, or if at all, but slightly. Tet
how is the church going to reach the
masses if the old fear of hell-fire is
gone and nothing of, equal deterrent
force is found to take its place? Is
truth so Inadequate for moral restraint
that we must go back to preaching lies
or let civilization go by the board?
Mrs. McKinley's illness is 'ominous.
Those who have lived in Washington
the past four years speaks of her as
failing, and the trip, with its attendant
wear and new physical affliction, has
done anything so far but help her.
If the untoward circumstance forbids
the President's trip to Oregon, the
disappointment here will be intense.
Meanwhile we can only hope the best
for her, for the President, and for our
desires of hospitality.
"A bone felon" Is about as uncomfort
able and unwelcome a' traveling com
panion as could well secure the ac
commodations of a, special railway
train. Persons who have walked the
floor for many' days and nights in com
pany with one of these exacting visitors
in the quiet of their own homes can
well believe that the President's wife
needs absolute rest for a few days,
after having suffered from a felon dur
ing more than a week's travel.
While the outlook for fruit in a few
localities, both' in the Willamette Val
ley and Southern Oregon, does not ful
fill the promise of blossoming time, re
ports of orchardlsts in the main indi
cate a most abundant yield.
STORIES 0F;THE STOCK PANIC
Chlcasft -Tribune.
NEW YORK, May 8. (Special.) The
burden of the ..layman's tale of today's
happenings In Wall street was: "It might
have been." There were more persons,
male and female. In the Wall-street dis
trict today who would have made a mil
lion or so if they had only known than
one could shake a stick at.
The whole trouble was that James J.
Hill and E. H. Harriman and Jacob H.
Schlff and the other magnates who were
said to have been battling for the control
of Northern Pacific did not take the dear
public Into their confidence. Of course.
It was a great mistake, and one which
they will avoid in the future.
One of the traders in a lower Broadway
office, in speaking of his experiences dur
ing the day, said:
"I read the papers this morning, and I
saw how Jim H1U had been walloped by
the Harriman outfit, and I concluded that
after the walloping had, been administered
mo wutiopers wouia leave tne sxuck. atone.
It took me some little time to be assured
that Hill really had been walloped. I
know Jim yeara ago, when he was run
ning a ferry line out West He got the
best of everybody around those diggings,
and finally folks said he was worth $1,000,
Ofa). It took some sense to get $1,000,000 in
those days, and I did not believe that
anybody by the name of Harriman coyld
thump Jim Hill. But all the papers said
this morning that Hill had been thumped,
and I concluded It must be so. So I
came down town with the idea In my head
that I'd get foxy and sell 200 Tor 300 shares
of Northern Pacific, which I didn't have
and buy ft back on the tumble. But the
darned "stuff didn't tumble. The first
I knew it was quoted as having been sold
at 180.
"I made up my mind that it would go
to 200 before I could wink. Therefore I
bought a couple of hundred shares. I'd
no sooner got my order In than the prices
came over the ticker and showed that It
had tumbled down more than a dozen
points. Now, how can a fellow count on
anything when quotations seesaw In that
way? I made up my mind to go over
and ask Jim what he was doing. I did
so. but, Lord, I might as well have stayed
where. I was. I did not get any further
than an office boy, who was dressed bet
ter than Jim ever dared dress In his life.
He said Mr. Hill was In, but was busy.
" 'That's all right, young man,' I said;
'I've heard that lingo before. I'm an old
friend of Mr. Hill's, and I want to see
him.'
"You might just as well have argued
with a ticker as to have argued with that
fellow. He not only would nob take any
message to Hill, but he would npt get
away from In front of me as long as I
stayed in the office. I saw It was no use,
so I came back, and I find now that I'm
$2250 worse off this afternoon than I was
this morning."
If a person was looking for hard luck
stories he could have got a dozen of the
same kind In any office in Wall street
that he chose to drop into. The men were
bad enough, but in the offices where the
women speculate there was the real thing
in the way of weeping and wailing and
gnashing of teeth. A reporter dropped
Into three of these offices during the
afternoon, and from what he overheard
the conclusion was drawn that there was
not a woman in any of the shops that was
not either a first cousin to or a lifelong
friend of some of the magnates who have
held the center of the Wall-street stage
for the last few days. It was quite evi
dent that the ladies had been misled as
to the probable course of prices.
"I saw Mr. Hill taking dinner at the
Netherland last night I used to know
hlo wife well," said one of the women
in an office in lower Broadway, in prefac
ing her story of what might have been
to some of her friends.
"I had a good mind to ask him how
Northern Pacific would go today, but he
looked preoccupied, and I thought I
wouldn't He'd have told In a minute, I
know, because I know his wife. But I
didn't say anything to him about It, and
fche result of it is I've lost $50. I might
just as well have made a couple of hun
dred, had I only had my wits about me.".
'Well," said a woman with a wealth
of hair that was golden this afternoon.
"I've concluded there isn't any money In
this game. I. can get better information
about the horses than I can about stocks,
and I'm going to quit Wall street, and go
to the races, I can get a free ticket for
the Morris Park meeting, and you'll not
see me below Twenty-third street again
this Summer."
One pleasant story told down town was
that of the experience of young John B.
Manning. Young Mr. Manning succeeded
In his father's seat In the stock exchange
a few years ago, and every now and then
he has let Wall street know that he was
doing business. Today was ope of those
occasions." Mr. Manning, the irioment he
saw Northern Pacific quoted at 180, con
cludedthat that was a good time to sell
short Accordingly he sold 2000 slares at
that figure. Almost before he had com
pleted the memorandum of the sale on his
pad the stock dropped to 150, and he quick
ly covered his shorts.- The whole trans
action took a little less than seven min
utes, and In that time Mr. Manning
cleared up $60,000, and took his profit. So
far as is known, that was the quickest
small fortune made in Wall street since
the time of fortune-making began, about
two weeks aeo.
, Another person who had reason to feel
satisfied with the way things were going
was a young man named George Palmer
Schmidt. Young Mr. Schmidt is just a
little past 21. Until a few months ago
he' was a clerk In the employ of the stock
exchange house of Harris & Fuller. Tra
dition says that he was, like many young
men in Wall street, the son of poor but
honest parents; but, be this as It may,
he made up his mind that he could make
more money outside of the office of Harris
& Fuller than Inside. Accordingly he
threw up his job, and began trading' on
the curb. Mr. Schmidt won't tell how
much he made, but the story today was
that he had cleared up over $100,000 in
about two months. However that may be,
he was able today to pay $70,000 for a
seat in the stock exchange, plus $1600 for
initiation fee andv commission.
It was only hist week that a young man
named Brumley", seven years Mr.
Schmidt's senior, paid $69,000 for a seat on
the exchange. When Mr. Schmidt was
asked what he was going to do, now that
he was a member of the exchange, he said
he had formed a partnership with Fred
erick Gallatin, Jr., under the "firm name
of Schmidt & Gallatin, and that the firm
would transact a general stock brokerage
business at 45 Broad street.
In spite of the calamity-howlers, it
seemed to be a particularly good day for
young men in the street today. It was
announced that the board of directors of
the New York Realty Company had been
chosen, and that young Cornelius Vander
bllt would sit as a member among the
graybeards on the board. Senator De
pew was asked how Mr. Vanderbllt hap
pened to be chosen as a director in this
particular company, and the- reported an
swer to the question was: "Director in
a real estate company is too tame these
days. I don't know anything about real
estate. It keeps me busy trying to keep
track of the stock pyrotechnics."
Foolish Tallc of War.
Pittsburg Post.
Of all things possible In the future a
war between the United States and Germany-
Is the most Improbable. The two
nations are cemented In the bonds of
friendship by the, mystic ties of blood re
lation, the outsrowth of millions of German-born
and their descendants in the
United States. Emperor William may do
many foolish antispasmodic things, but a
war with the United States is the last
thing he will attempt and Americans feel
the "same as to war with Germany
TEXAS PREACHER ON TRUSTSv
New York Times.
Hogg is a millionaire, Bailey Is an oil
king, and Mills Is floundering in sudden
opulence, but there is one jrue voice m
Texas that still sing3 the old song with
out deviation from the pitch. It Is the
voice of Ltftwlteh, the Rev. W. M. Left
wich, of El Paso, who got his boyhood
friend, the President, Into a pew last
Sunday, and from the pulpit thundered
at him a sermon about millionaires and
the selfish trusts that must have made
Mr. McKinley sit bolt upright from
hymn to benediction. Mr, Leftwich said
bluntly that the end of these things It
anarchy, atheism, and hell; an observa
tion which was calculated to move the
President tQ earnest prayer that some
evangelist may get hold of Mark Hanna
before it is too late.
When St Paul told Timothy that the
love of money is the root of all evil he
showed that he was a superficial reason
ed Mr. Leftwich goes deeper and de
clares that selfishness Is the root of the
love of money, and selfishness Is what
ails us now:
Selfishness has not only brought upon us all
the moral evils that have wrecked and ruined
human life, but all the social, evils, the eco
nomic, political, commercial and Industrial
evils that so often trouble and distress us and
retard our progress toward a Christian civil
ization that stands for the kingdom of God.
So lone as the selfish greed for sold is em
bodied In our civil Institutions and protected
and fostered by our civil laws we will have
financial and economic troubles, Insurrection,
lawlessness and crime, and vlth these the un
rest, uncertainty. Insecurity and disasters that
visit our country periodically.
So lone as our vast fortunes are built out
of the wrecking of private Industries and
trusts and combines and corporations, with
multl-mllllonalres of capital, make corners of
the necessities of life, and this Is sustained by
public aentlment, and protected by law, our
land may continue to bring forth plentifully,
our mines and mountains may continue to
pour their rich oms into th lap of Industry,
our manufactories may multiply In every etate
and county, but the uncertainty, the Injus
tice, the oppression and the corresponding
poverty and crime will continue.
The Rev. Mr. Leftwich Is content with
no palliatives, he prescribes no half
remedies to make the patient easier. A
worldly mind, the mind of a statesman,
for instance, or of a professor of politi
cal economy, would confidently suggest
legislation. When the trusts get unbear
able, when the Hoggs and the Baileys
and the Rockefellers get so rich that
there s not money enougn ten. tor w
rest of us we shall pass restraining laws
and the public prosecutor will make
them disgorge at least he will prevent
further gorging. This Is pitting the self
interest of the many against the selfish
ness of the few; which we ought to have
done long ago In the case of the tariff.
Mr. Leftwich goes to the root of the
matter, as Is evidently his habit. The
remedy for these evils, he says, is the
Cross, the universal acceptance and prac
tice of the Chrtstian teaching. "The
Cross means death to sin. death to self
ishness, to injustice, to oppression, fraud
and wrOng in all forms and in all
places." .
There is a terrible mistake somewhere.
This is the age of trusts there can ba
no mistake about that Scores upon
scores of. combinations have been formed
in the last five years, some of them big
and most of them prosperous. Yet we
see the coincident phenomena of very
high wages, almost everybody at work,
a general and unprecedented prosperity,
large deposits in the savings banks, and
in proportion to population fewer bank
ruptcies and less helpless poverty than
at any time within memory. This etate
of affairs emboldens the organizers and
managers of combinations to Insist
stoutly that they are a good thing, that
trusts promote prosperity and happi
ness, and that the people like them so
well that they would forbid at the polls
any attempt to suppress them. And it is
a fact that Mr. Bryan made the trusts
his main campaign issue, and he was
disastrously beaten. But the Rev. Mr.
Leftwich will have it that they are
sprung from selfishness, in which .lies
the root of all evil. A
If after some years of experience It
should turn out that the combinations
and trusts spring not so much from
selfishness as from enlightened self-interest
i that the principle of live and let
live underlies all of them that are per
mitted to survive; that, in short, they
are a modern method of doing business
In which os in other matters abuse will
Invite Its penalty and justice bring .its
reward, then the Rev. Mr. Leftwich will
recall with some chagrin the sermon
that he preached at President McKinley.
Probably the cause of rillgion is not
helped by denouncing the penalties of
the bottomless pit upon persons who
move In obedience to natural laws of
which the beneficence may some day be
demonstrated. As to the trusts, It Is safer
for the pulpit, even In Texas, to await
the secular verdict. Banks, railroads
and labor-saving machinery were in
earlier times objects of the. bitterest at
tacks. It was charged against them that
they were devised to enslave the people
and -take bread from the mouths of the
poor. Mr. Leftwich would have worked
himself into a fine pious passion oyer
them if he had been contemporaneous
with their origin. They are an accept
ed and Indispensable part of our modern
commercial and Industrial machinery.
Mr. Leftwich may live to see the wisely
managed trusts Justify themselves. It
is imprudent to give premature Judg
ments In these matters.
Great Ship Trrnit Bents Subsidies.
Chicago Chronicle.
Plerpont Morgan's ocean vessel, trust
is a valuable -object lesson to the public
on the subject or ' Government subsidies
for shipping. To a great financier or
ganizing a vast business combination
with a capital of $70,000,000 a petty Con
gressional lobby scheme to get a gift of
$9,000,000 a year seems like a matter so
insignificant as to be unworthy of con
sideration. The great trust promoter asks
for no Government subsidy. He plans
and carries Into effect a comprehensive
scheme of ocean navigation to transport
products worth millions of dolllars a
month. It Is to be managed by private
enterprise and to be made profitable
on its merits without robbing the tax
payers for a subsidy. As educators on
the subject of subsidies, the Morgan
trusts are filling a sphere of public use
fulness which had not been foreseen by
the most sagacious students of politics
and economics.
Spiritualist Fad Fndlnp Away.
Springfield (Mass.) Republican,
The Spiritualists, in session in New
York, under the auspices of the National
Sniritualists' Association, find It disagree
able to take account of stock. It has been
the general observation for some years
that fjplrltualism was in a decline, and
now the president of the association con
firms the popular belief. The extent of
the decline Is very great, and it must
have been rapid, for there are now less
than 60 Spiritualist societies and lyceums.
where several years ago there were front
500 to 700. Membership ,1s, steadily de
creasing in 21 states.
-i ..I
Knees at a Fire.
Stephen Phillips.
Dazzled with watching Kow the swift Are fled
Along the dribbling roof, I turned my head;
When lo. upraised beneath the lighted cloud
The Illumined unconscious faces of the crowd!
An old gray face In lovely bloom upturned.
The ancient rapture and the dream returned!
A crafty face wondering simply up!
That dying face near the communion cup!
The experienced face, now venturous and rash.
The scheming eyes hither and thither flash!
That common trivial face made up of needs.
Now pale and recent from triumphal deeds!,
The hungry tramp with inddlent gloallng stare
The beggar In glory and released from care.
A mother slowly burning with bare breast,
Tet her consuming child close to her pressed!
That prosperous citizen In anguish dire.
Beseeching heaven from purgatorial fire!
"Wonderful souls by sudden flame betrayed.
I saw: then throush the darkness went afraid.
t " NOTE AND COMMESTy-
The Hawaiian situation seems to be al
together too Doleful.
The words that make ua feel most glum
Are these: "McKinley may not come.'
We might have expected this kind of
weather when the open cars came out- v
The dread monster of militarism-13 now ""
busily engaged in reducing the ArmyUo a
peace footlnsr.
Perhaps the President is afraid to coma
to Oregon because he thinks Pennoyer is '
still Governor.
King Edward Is now the King of Can
ada also. If he can only fill, whafa
world-beater he will be. t
When the Brlttoh feel too happy .Jheso
days, instead of repeating Kipling's. "Re
cessional," they simply take a look at
Kitchener's latest report.
Too bad that Senton-Thompson,, doesn't
go to Manila and add a chapter on Agul
naldo to his "Wild Animals I Have
Known."
Grover Cleveland made 5100.000 byathe
rise in Northern Pacific stock: For are
tired statesman. Grover Is doing fairly
well, thank you.
r
A New York chorus girl has made $750y
000 In Wall street, but she will have toy
pay It all out to the press asent who In
vented that story.
California will probably sue Mrs. Mc
Kinley for damaging the reputation of the
state by falling 111 In a climate that is
supposed to cure everything; from con-'
sumption down.
The Joke of the Pan-American Expo
sition is on the capitalists who built the
mammoth Slatler Hotel, with nine acres
of sleeping-rooms three miles of halls.,
and a dining-room to feed 5C00 persons- On
Friday 2S6 employes were on duty at the
hotel. There was one guest, Mr. Wilson,
of New York, who humorously complained
to the officers of inattention on the part
of the servants. Mr. Wilson went away
on Saturday, and the management 2a
looking for some one to take his place.
A French entomologist, M. Dagin, rec
ommends insects as an article of food. He
speaks with authority, having not only
read through the whole literature of Insect-eating,
but having himself tasted sev
eral hundreds of species raw, boiled, fried,
broiled, roasted and hashed. He has even
eaten spiders, prepared according to the
following recipe: "Take a plump spider.'
remove the legs and skin. Rub over with .
butter and swallow." However, he does
not recommend them, but this may be
prejudice on his part.
Jay Cooke is still living in Philadelphia,
at the age of SO. and when the stock of
the Northern Pacific Railroad crossed par
the other day for the first time, to say
nothing of the phenomenal jump Thurs
day, It must have been accepted by him
as a vindication, although belated, of his
judgment, as shown when he took hold of '
the financing of the road 31 years ago.
Mr. Cooke was the J. P. Morgan of .his
day, and will long be remembered as the
one who negotiated the vast loans of the
Government during the Civil War period.
Pearls as well as diamonds have been
constantly Increasing in price during the N
last 12 months. The higher price for
pearls Is probably due to the enormous
demand for them, which, the dealers say,,
they have not been able to supply. Most""
of the pearls used In the "United States
are purchased in Paris, London and other
Continental cities. In Paris, and else
where In Europe, there are men who make
a business of bleaching these stones. The
large demand for pearls has stimulated
the efforts in this country to pass off the
bleached articles for the genuine white ,
pearls, which are always most valuable.
"All the folks In Kansas City are proud
and happy over the success of Alice Niel
sen In London, where she is breaking all
records In The Fortune-Teller,' " re
marked William Fold, of Kansas City,
a writer in the New York Tribune. "You
know, of course, that Miss Nielsen tvas
born In our city, and is a type of MIs
sourian from the point of her toe to the
highest curl of her pretty brown hair. I
recollect her as a little, toddling thing,
when she was the loveliest little warbler
ever heard. She was like that poet fel
low, 'who lisped In numbers from his
earliest years.' When only 8 years old
she stole Into the Kansas City theater
one night through the stage door and hid
till the audience and players had depart
ed. The house was dark, as well as
empty, .only a single dull gas jet lit up
the stage, and then, when all were gone,
tne beautiful little stage-struck warbler
walked to the front and eang hej&l-nrst
stage song to an emptjO'DiGuse. A,She does
not have to sing, to empty houses now.
for her beauty and her songs have won
her the favor of two continents and all
Mlssourlans are proud of her."
PLEASANTRIES OF PARAGRAPHERS
JimWot are yer larfln' at. Bill? Bill.
Why, the ole woman started ter Jaw that cop
per what kyme ter lock me up. an' I'm blowerl
If e ain't run 'er In, an' left me! Glasgow
Evening Times.
Disqualified. Miss Swagger I don't think
MIjs Warble ought to be permitted to sing, la
our choir. Mr. Basso Why, she has a. lovely
voice. Miss Swagger That may be, but she's
wearing her last year's hat trimmed over.
Ohio State Journal.
Thirteen at Table. lira. B. Oh. Charles, we
can never sit down with thirteen at table. Mr.
B. Pshaw! I hope you're not so superstitious
as that. Mrs. B. No, of course not; but we
have only twelve dinner plates. Philadelphia
Evening Bulletin.
Evidence. "That child Is going to make d.
great golf player,"" said the proud young
father. "How can you tell?" "I was teaching
him to walk this morning, and the first thing
he did was to toe-In as If he were about to
make a drive." Washington Star.
Fortified. Mrs. Hatterson I am gclng to
meet my husband at 1 o'clock to select some
decorations for the drawing-room. Mrs. Cat
terson What do you want him with you for?
"Well, In case they don't turn out right. I
can say It Is his fault." Life.
A Drain on Him. "I've often wondahed."
said Cholly. "how sor many fellahs I know
manage to get well off, while 1,'m always
poor." "Perhaps," replied Miss Pepprey. "It is
because so many people amuse themselves "at
your expense." Philadelphia Press.
m
Flood and Ebb.
Clinton Scollard In New England Magazlpe.
Where two stupendous arteries of trade
Become a little space one thoroughfare,
Day after day Is the distracted air
With deafening and continuous clamor
weighed:
Cars clash, gongs clamor, ponderous drays are.
swayed. '
And Jostling crowds, that seem like puppets,
dare
The swirling vortex, meet and mingle thre;,v.
Thus Is the whole a human maelstrom made.
But with the sweet Intrusion of the night
The currents slowly slacken, till the last
Back sweeping surge has died into a calrpir
Silence descends on pinions vague and vast?
On earth Is peace, and at their heavenly height
The stars jwlng on In their eternal psalnv
V