.?( 2
IHE DAILY COOS BAY TIMES, MARSHFIELD, OREGON, OREGON. SUNDAY, AUGUST 25, 1907.
Jit:
H
I Current Opinions n Lie Topics
Wanted New Financiers.
(Chicago Tribune.)
With some people It may bo n lack
of confidence. With others It may
bo a belief that they can use their
money to better purpose. For some
reason the public obstinately keeps
out of the stock market. It will not
help tho speculators to play their
game. It will not absorb the new
securities which are being put out,
and they remalu In good part in the
hands of the disappointed under
writers. It would bo interesting to know
tho extent to which the unyielding
attitude of the public Is due to the
deliberate policy of tho great rail
road operators and high financiers,
if there be a lack of confidence In
railroad securities. When It became
apparent that Congress would enact
the rate law, the mighty ones of Wall
Street began warning the public of
tho dangerous consequence of such
legislation. Mr. Hill, Mr. Rogers,
Mr. Harriman, sang tho same pre
concerted song. They, renewed their
"warning when the state legislature
liegan enacting laws giving tho peo
ple fairer passenger rates.
These prophets of impending dis
aster knew that their predictions
would have a bad effect on the stock
market, the quotations of securities
they held would go down, and that
It would be difilcult, If not impossi
ble, for them to float new ones and
gather In millions from confiding In
vestors. They seemed to have rea
soned that the effect of the slump in
stocks would be to alarm the com
munity, to persuade It of the unwis
dom of the legislation which tho
Wall Street men dreaded so much,
and thus throttle that legislation.
The game was one where the play
ers were ready to submit to a certain
immediate loss In the hope of a
greater future advantage. If the
players had won they would have
made good all they had lost. But
they did not win. The public refused
to be scared. It Insisted on railroad
legislation while stocks and bonds
were going down from an artificial
lead to something approaching their
value.
In spite of the lower level, inves
tors show no eagerness to touch
these securities. They have just con
fidence In American railroads, but
they have little or no confidence in
the financial acrobats who are now
controlling many of them. James
Speyer, the New York banker, said
the other day: "I believe that all
this legislation will result in legis
lation, probably Federal, which will
prevent many abuses and make rail
road investments in tho United
States, safer than ever." When the
hands of the railroad financiers are
tied, so that their old predatory
games cannot be repeated, there will
be no lack of confidence In railroad
1 securities.
The public has come to be pro
foundly distrustful of Mr. Harriman
and men of his type. It would be
well for the railroads and tho country
if they would drop out and make
room for men who are imbued with
different business ethics, who do not
think all methods of money-making
aro legitimate, and who will strive
to earn and keep the confidence of
tho community. The stocks and
bonds of the roads such men control
never will lack buyers.
Psychical Research.
(Oregonlan.)
What has psychical research dis
covered? Not very much. It has
perhaps shown that thought is some
times transmitted through space like
magnetic waves. The evidence for
this consists of a multitude of facts,
most of them trlval, but pretty con
vincing all together. One of the most
common is tho persistent thought of
an absent friend which often pro
cedes tho receipt of a letter from
him. (Almost everybody has ex
perienced this mode of telepathy and
mildly wondered at it. Tho Society
for Psychical Research has collected
facts of this order, classified them
and verified them. They aro numer
ous and extremely diverse.
The society has also collected cer
tain evidence which tends to show
that man possesses something like a
soul, or an astral body If you pleaso,
which can leave tho physical body
.without perishing. This soul, or
whatever It Is, has been known to ap
pear to a distant person at the instant
of tho owner's death. To some peo
ple such a phenomenon seoms to de
monstrate that wo have an immater
ial part which survives tho dissolu
tion of tho flesh; but it mny bo mere
ly another case of thought transfer
ence. Touching tho solution of tho prob
lem of tho futuro llfo which Interests
mankind more than any other,
psychical research has accomplished
nothing. Wo know today neither
more nor less about It than Plato
did; and whon it comes to envelop
ing our ignorance In wordy cloud
mantles, wo fall far below the melli
fluous Greek. Should anybody ask
what facts aro known, which go to
prove tho immortality of tho soul, tho
candid roply must bo that there aro
no such facts. There are guesses,
illusions, solf-decoptions, but no
fncts, not a single ono, in all tho
realms of knowledge
The only baslp for tho bollof in tho
lmmdrtallty of tho soul Is tho hope
that God is jubt. Multitudes die with
wrongs unrlghted, sorrow unrecom
ponsed and souls undeveloped. Tho
world reeks with cruelty and groans
with Injustice. Even If wo could sot
things right for coming generations,
that would not help tho dead. If
thoro Is a God, and if ho is just, ho
hns glvon to "thoso gone boforo" a
happier lot In another world. Tho
argument for Immortality is entirely
ethical. It doponds absolutely for Us
cogency upon our faith In a righteous
ruler of tho univorso. If thoro Is
Bueh a ruler wo know that wo shall
live again, for tho balanco must
swing oven. No bonoflt to tho hu
man race or to coming generations
can squaro one's Individual account,
A Just God must sottlo with John
MlMIOBinnjiitjpMUBBW
A-
himself, and not with James; and
since the settlement Is not made In
this world, It must be made else
where. This is Kant's fnmous argu
ment for immortality and, thus far,
psychical research has not Improved
upon It. Still, "has not" signifies
something very different from "can
not." Tomorrow some fact may bo
dfiscovered which will prove Immort
ality as clearly as the motions of the
planets prove the law of gravitation.
A USEFUL RICH MAN.
(Oregon Journal.-)
Reasonable criticism is not direct
ed against riches, but against riches
obtained by wrong methods, by
illegal or unjust practices, by tho
tyrannical power of combines. There
must be rich men In so great a coun
try, and it would be a country of poor
opportunities If there were not a
good many rich men In It. Tho rich
man, whether he gained his wealth
by legitimate, profitable business en
terprise or by Inheritance or luck,
who uses and adds to It in such a way
as to benefit others as well as him
self, who tries to do good with It
though not strictly along philan
thropical lines, Is a man to be com
mended, esteemed and appreciated,
not hated or abused because of his
wealth. Whether much wealth Is a
discredit to a man depends entirely
on how he acquired and uses It.
The Journal told Thursday of an
admirable worthy rich man, tho
youngest son of John Wanamaker,
the great merchant of Philadelphia.
Rodman Wanamaker became a part
ner of his father and brothers, and
na Hiir-ii wnnt tn Paris to take charge
of the great Wanamaker department
store in that capital, in wnicn ne
made an innovation that compelled
Imitation But this young man saw
how he could not only benefit his
firm's business but the people gener
ally of both countries, In spite of our
fool tnriff laws. The story says that
"he brought about a practical re
ciprocity, which never existed be
fore, and which has worked to the
advantage of both nations. By mak
ing a personal study of the situa
tion in France he found a way to
supply the deficiencies of the Aineri
rtin mnrltfit. liv drawlntr upon the
skill of the French workman. He
showed the Frenchmen how to mane
goods that America needed, and that
could not be bought at home. At
the same time he Introduced Into
France goods In which America ex
cels." But this was not all. Like many
rich men of a high type, this man
interested himself In and became a
very liberal patron of art. For sev
eral years ho has been president of
the American Art association in
Paris. But he did not learn to de
spise America. He has bought and
shipped to this country many hun
dreds of fine paintings. From the
Paris salon of ono year alone he
shipped 400 paintings to America
for free exhibition, a stimulus to Am
erican art students and a source of
Inspiration to all beholders with an
artistic taste. Many of these paint
ings teach and propound lessons more
powerful than could be taught in tho
greatest sermons. This action is in
agreeable contrast to that of Mr. J.
P. Morgan, who for years has kept
hundreds of tho world's art master
pieces in Europe rather than pay the
dutv on them though tho duty on
art "is another fool Item of the tariff
law.
We like to read and hear of a rich
man like this, and have no objection
to his becoming reasonably richer in
carrying on his immense business. Ho
is not a "wretch, concentered all in
self," but tries to and does aid and
benefit humanity by right uses of his
wealth.
S'lJOI'Ll) NOT DELAY ;
ACTION TO SECURE
ELECTRIC ROAD SYSTEM
(Eugeno Guard.)
If Eugeno people will get a move
on, they may be able to make ar
rangements to have work begin at
once on this end of the electric sys
tem that Is destined to traverse the
Willamette valley from Portland
south. Tho complications arising
over tho uncalled for delay in ac
cepting Mr. Cnrvor's Sluslaw propo
sition should bo sufficient Incentive
to cause a hurry-up call to action to
be sounded In this Instance. In some
matters tho "better late than never"
nxiom does not prove a good rule for
guidance, and Eugeno should by this
time bo convinced that prompt ac
tion is necessary to success.
Tho building of electric roads In
tho valley marks the beginning of a
new era of development, and this city
should endeavor to become the cen
tre of a system radiating In all direc
tions, llko the points of a compass.
There aro thousands of acres of as
lino land as can be found anywhore
on tho globo nlong these proposed
lines, much of It not probably culti
vated because tho owners have not
found It necessary to glvo It proper
cultivation nor to make any effort
to got out of It all that should bo got
ten from It, In order to make good
money. Tho lnnd has been so easily
productive that It has been a tempta
tion for years to tho owners to make
a living from It as eaMly as possible.
Tho operation of these electric
lines will menu thnt this land Is too
valuable to longer llo In practical
Idleness. Tho great farms will bo di
vided Into smnller sections which will
bo occupied by families who will cul
tivate tho soil In tho best possible
way, ami, thoso now families will
bring new business and every point
along tho line will benefit from tho
now business.
Each of tho towns will have Its
customers along ilio lino of tho roads
and as tho new people come In to In
crease tho business each will receive
its share.
Eugeno morchants can profit by
drawing tho trado from other townB
only aB they pay bettor prices for
farm products or as they carry better
coods or soil them cheaper than com
peting morchants at other points, but
tho business lnteresta will prosper in
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various ways. In tho winter and
spring, for example, when the roads
are muddy, farmers refuse to take
their teams and vehicles out into the
mud unless compelled by absolute ne
cessity for the want of provisions.
Tho merchant Is deprived of his cus
tom and tho residents of the city aro
deprived of the produce they have to
sell. When the farmer can make use
of the electric lines he will take his
produce to tho car and to market, ex
changing It for the provisions he may
require, and the conditions of the
roads and the weather will make but
little difference. The expenses of the
own transportation and that of his
farm produce to market would be but
little if any more than tho cost of his
feed bill If brought In by his team.
When electric roads from Spokane
were built connecting that city with
small towns in Northern Idaho, it
was freely predicted that the Idaho
towns would suffer. The contary has
been the result. The little town of
Coeur d'Alene, the terminus of one of
the roads, has grown In tho last two
or three years from 1,500 or 2,000
population to S.000, and every acre
of ground along the electric line Is
now under cultivation. In other
words, both Spokane and Northern
Idaho towns have been greatly bene
fited. The same result will undoubt
edly follow relative to Eugene and
surroilndlng points.
Science Gets a Jolt.
(Cleveland Plalndealer.)
Criminology and palmistry have
contrived to get themselves into a
rather embarrassing fix. Tho result
is a tendency to laugh at the ponder
ous efforts of character students who
organize their observations and de
ductions into "exact sciences." Hu
man character Is elusive, and so are
physical characteristics, and tho
dictum of the natural scientist that
"everything explains everything else"
seems to need qualifying. A blunder
made by the foremost criminologist
of tho world in sizing up a supposed
criminal goes far to weaken faith in
physical characteristics.
Prof. Cesare Lombroso has, written
instructive works on "How to Tell a
Thug on Sight," and numerous other
phases of present day criminology.
Palmistry is one of his specialties.
The other day somebody sent him
photographs presumably of the hands
of Soleillant, the child murderer of
Paris, with a request for a scientinc
analysis. Tho analysis came in due
time, reeking with profuse, minute
and positive deductions, and was pub
lished with eclat. Lombroso found
that the crimes of Soleillant were
fully explained by the lines of his
hands, which "Indicated by their
chromatic symmetry the born mate
factor and opileptlr." One of the
hands he discovered to be distinctly
characteristic of the lower apes.
But that is not all. It developed
after the publication of Lombroso s
luminous treatise, that he had based
his judgment on photographs, not or
the murderer's hands, but the right
and left hands of a meek stableman
an innocent dresser of sheep skins
respectively. Somebody had sent him
the wrong pictures. It was not quite
fair to the scientist, but on the other
hand it may be that the scientist s
dogmatic criminology has not been
quite fair to tho public.
Our Infant Marvels.
(Astorlan.)
The projected establishment of a
commercial wireless telegraph station
on the heights at Astoria, suggests
the idea that marvelous as con
sider these extraordinary agencies,
they are but In the very Infancy of
development; that in a few .years
they will have been so Improved up
on as to make tho apparatus and ser
vice of today wholly distinct and use
less in comparison. There is no limit
o the inventive capacity of men and
he Is never quite satisfied with tlio
good things ho devises for h mself
and his fellows. He is eternally after
the simpler and cheaper method, al
ways looking for a y to minimlzo
time, effort and adaptability. When
ono reviews tho work of scientific de
velopment of tho past quarter cen
tury aid notes the ratio of progress
as acalnst the century preceding It,
he "take" the limit off his ex peti
tions and ceases to estimate any
thing and merely waits its coming.
Tho certainty iut " r,i
qulslte expansion along unexpected
lines will come has robbed all
achievement of the old-time marvel
ing nnd excited surprise that one time
g"!eted these wonderful evolutions
and tho mind, of man is, dulled
against novelty forever. The man of
today has seen so much he looks al
most unconcernedly for everything,
nor will ho bo disappointed. Tradi
tion Itself has gone down before the
proven law of science and superb and
gracious fact alono remains. And
this is onougn ior uiubl iui .--ho
sees his condition Improving with
each day he Is permitted to live.
DECLINE IN STOCK VALUES.
(Walla Walla Bulletin.)
Tho declino in stock values which
has followed the Imposition of that
$29,240,000 fine upon the Standard
Oil company, and tho threat of an
overwhelming judgmont against tlio
Alton railroad, Is of interest to tho
stock gamblers only. It will not af-
n. ....inn rt nnv Rtncik as an in-
vestment, or tho slzo of the dividends
thereon. Tho country win ku
... ,!,!.. linoinpss for tho railroads
just the sanio, and tho railroads will
bo worth intrinsically jusi us uiuuii,
no matter how ninny millions the
,..,,.. tn Wnll Street mav claim
to havo been wiped off tho valuo of
stocks.
MORE THAN SPEED LIMIT
NEEDED
( Spokesman Review.)
It Is proposed In North Ynklma to
. .A am.1 Inn nn-. nno.Qil f.. ilia oltV
IlllYU till U1IIIMIIUI-U JIUOOUU Mi V..U -.-
council making It a misdemeanor
for autos to use tho wrong side of
tho street. "Keop to tho right," the
law of tho rond In this country, Is to
bo mndo strictly applicable to auto
mobiles. Tho rule Is a good ono and
its Judicious enforcement would go a
long way toward preventing acci
dents nnd personal Injuries.
It must bo apparent to any one
that there is more danger in the care
less, indifferent and reckless disre
gard by many automobillsts of the
legal rights of others on tho streets
than in the actual speeding of their
machines, though the latter should,
of course, be restricted under certain
circumstances. It Is right that prop
er speed laws should bo enforced on
streets that aro In common use, but
it Is even more essential that drivers,
whether they aro wlthlrt vhe speed
limit or not, should handle their ma
chines In all respects with a duo re
gard to public safety.
Particularly when turning corners
should the "keep to the right" law
be observed and speed reduced,
lucre should also be strict enforce
ment of the law requiring notice of
approach to be given by blowing the
horn nnd this warning should not bo
postponed until within two or threo
feet of a pedestrian crossing the
street. The speed-limit is good so
far as It goes, but North Yakima
recognizes that something more is
necessary.
PICKING UP BARGAINS.
(Boise Statesman.)
It is said that Hetty Green, tho
famous woman millionaire, is pick
ing up a long line of stocks at pres
ent prices. She says they are bar
gains and so long as she has avail
able money she will take In all she
can get.
Hetty is probably right. Stocks
were very high a few months ago, but
they have receded heavily and were
probably down below values before
the recent slump started. The origi
nal break came about through the
bursting of a boom bubble inflated
by some of the younger men of means
who had conceived tho Idea that
prices were destined to go on ad
vancing indefinitely Though quota
tion of all stocks had advanced to fig
ures that few, If any, had eer ex
pected to see, the young follows took
fire in tho brain and concluded that
prices were to be doubled again, and
body pricked the baloon, it collapsed,
market topheavy, and, when some
body picked the baloon, It collapsed.
The resulting smash of prices carried
quotations down below the valuo of
tho stocks in many in;fnnces.
Now It Is stated the Standard Oil
Interests have withdrawn (heir sup
port. Whether it is those or other
interests that are manipulating the
market, It Is apparent that some
body is driving it down for a purpose
not made public, and thus stocks are
selling at bargain counter figures.
There Is a strong suspicion that the
market Is being sold down with the
view of creating conditions of dis
trust, but, If that is true, those part
ing with the stocks will be tho suf
ferers. There are others as shrewd
as Hetty Green. These will quietly
take In the bargains, and when those
making the sales wish to ,get the
stocks back they will find It necessary
to pay much higher figures.
CITY WILL BORE FOR
LARGER WATER SUPPLY
Well Drillers Will Go Another Fifty
Feet and May Then Use
Dynamite.
Aurora, Ore., Aug. 23. At tho
last meeting of the city council it was
decided to have the well drillers go
down to a depth of 450 feet at the
well the city i3 having drilled to
secure a sulllcient flow of water for
the proposed city water works sys
tem. The prospect now, as the well is
already down 400 feet, of striking
water at the present location is ac
knowledged by both the council and
the well drillers to bo extremely
doubtful. The council wants to glvo
the project a fair test, and for that
reason has decided to go to 450 foot,
and if no water is struck at that
depth the project of trying to securo
water there will be abandoned. Some
of the council aro in favor of shoot
ing the well with dynamite if the
drillers fail to strike water. They
realize that this plan Is uncertain
as to tho desired results, but the
council wants to use all possible
means to get results from their cost
ly experiment.
For over 200 feet below the 168
foot depth, where a small vein of
water was struck several months ago,
and which was pumped out In less
than an hour by tho big pump that
has been installed for the plant, the
drillers went through solid blue clay,
and had to reduce from an eight-Inch
to a four-Inch casing, and had ex
treme difficulty In driving even that
small-sized pipe through tho hard
clay. Tho well drillers say that the
proportion of successful wells are
about six out of ten that are drilled
through ground similar to what they
are working in here, and It begins to
look as If tho Aurora well was one
of the four that don't materialize.
Dnneo at Sumner, Aug. 31.
Launches Tioga and Sumner leave
Marshflold at 7:00 sharp.
Pull tlio
BELL yCORD
Wet Your WhLWe Thjrfi Blow
J. R. HERRBWj'Prop.
Front Street, t : Marsblleld, Oreaon
W. A. WARING
Dealer in vifSffSam Milk
nnd Butternulk. Free de
livery to all parte of flie city.
North Bend,
Oeegon
&t0&&wtat&ttfm0istw
jfLJ
w
There is no power so
clean, safe, flexible in ap
plication and, ready for in
stant use As an electric
motor. 8c is more econom
ical thasteamboth in in
stallingWirflope ra tin g.
I
1 Your
expense
your machine stops.
I IE Co(
ectrlc
fiTELS,
uses,
Camps o Resl
CO.
ARE NOW CARRY
ING IN STOCK THE
FOLLOWING LINES
Unl.l n LlL.
nuiei luinges uoin single anu uuuuic
oven, Heavy Steel Cooking Utensils,
White Metal Table Wares, White and
White German Enamelware, and all lines
to furnish the above trades complete.
Catalogues and discount on application.
stops the sec-
BO.
y
y
VEY
l I J..L,lrtl