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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Sept. 10, 1904)
PAGE FOUR. ASTORIA, OREGON, SATURDAY, SKPTKMBKll 10, 100 I. Cbe morning JWorian ESTABLISHED 1H73 PUBLISHED BY ASTORIAN PUBLISHING COMPANY. RATES. By mail, por year 1)0 By mail, per month oO By carriers, per pnnth '50 THE SEMI-WEEKLY ASTOKIAX. By mail, per year, in advance 1 00 A BLOW TO UNION LABOR. The failure of the strike of the packing house em ployes is to be deplored for more than one reason. The strike was one of the greatest ever undertaken in. the eouutry, and union men and union sympa thizers everywhere hoped for its successful termina tion. The announcement that the strike has been called off must prove a disappointment to union men and discourage them in their uphill fight for recog nition. Packers and employes locked horns over the prop osition that unskilled laborers should receive better wages. The wages paid the unskilled laborers were shamefully low, and it was shown during the prog ress of the strike that few could manage to eke out an existence on the pittance allowed them for their work. These unskilled men were affiliated with the skilled labor unions, and the latter very courage ously threw themselves into the fight for their more unfortunate brothers. President Donnelly acknowledges that the strikers were beaten. He personally called off the strike, after the men, by a vote of 6 to 1, had declared for rejection of the packers' proposal. Donnelly's action resulted from a desire to save his organization, which, he confesses, was going to pieces as the strike dragged along. The strikers almost paralyzed the meat in dustry during the past two months, and, after sus taining a loss in wages of $5,000,000, it was to have been supposed they would contend on to the id. Now that the strikers have been beaten, they will be able to demand less coasideration, and their lot will be a hard one. The general tendency of the times is to overthrow unionism, and the victory of the packers will encourage capitalists to combat labor's demands. The lass of the strike is a serious blow to union labor. , GROWTH OF INSURANCE. The London Statist recently made an exhaustive study of the statistics of insurance and arrived at the conclusion that the wonderful progress in life insurance in Great Britain was striking proof that the capital fund of the nation, notwithstanding the great extravagance and waste, was rapidly increas ing. It found that whereas the amount of premiums paid to the insurance companies in 1892 amounted to $110,000,000, an annual saving of $2.89 per cap ita, the returns for 1902 showed that the premium fund amounted to $165,000,000, an annual saving of $4.00. The Statist regards this increase in the sum of annual premiums paid to the insurance com panies as significant, and proof that the people are accumulating a larger capital fund than they were 10 years ago. This deduction drawn by the London Statist from the large increase in the volume of life insurance business may or may not be warranted. Undoubt edly the wonderful increase in life insurange during recent years is largely attributable to a greater ap preciation on the part of the public of the advan tages of insurance. It is doubtful, therefore, if the growth of life insurance during recent years is an accurate index to the increase in the capital fund of a nation. There is, however, undoubtedly a close 'relation between the two questions and it may be interesting to compare the figures of life insurance in Great Britain with the growth of life insurance in the United States. A comparison of the statistics for the two countries shows that while the growth of insurance in Great Britain has been rapid during the last 10 years the growth in the United States has been still greater. The increase in the annual premiums paid to in surance companies in Great . Britain in 10 years amounted to almost exactly 50 per cent. The amount of annual premiums paid to insurance companies in the United States in 1902 amounted to $180,000,000. In 1902 the annual premiums amounted to $393, 000,000, an increase during the decade of no less than 118 per cent. Even when figured upon a per capita basis the growth of insurance in tlx? United States has been more rapid during the last 10 years than in Great Britain. During the 10 years under consideration the increase in the population of the United States was considerably more than three times as great as in Great Britain. It is interesting also to compare the assets of the life insurance companies of the two countries. In 1892 the assets of these corp'rations in (treat Britain and in the United States amounted respectively to $930,000,000 and $919,000,000, whereas in 1902 they aggregated respectively $1,4 Ui.tXlO.OOO and $2,091. tW.000. To put the matter another way, during the deende ended with 1902. the accumulated funds of life insurance companies .in Great Britain in creased per cent, while the increase in the United States was 127 per cent. It is to he remembered, however, that the United States has been increasing very rapidly tif late in wealth as well as in population, and it is pot sur prising that the fact should be rellected in life in surance statistics. PANAMA TKACIIIXU US THRIFT. It has remained for the most unbusinesslike people in the world to teach the most business like people the elements of national business sense. The repub lic of Panama has set aside $ti,000.tKI0 of the $10. 000,000 paid to it for the canal concession as a perma nent fund, which it has invested in mortgages on Manhattan real estate. American critics have found souething humorous in this proceeding, not seeming to realize that it contains anything worthy of our imitation, says the Saturday Evening Post. Hardly any government in the world appreciates the value of keeping its interest account on the right side of the ledger. If an individual were to borrow money for any little luxury that happened to strike his fancy, ami never put anything into the savings bank, he would be thought on the road to ruin. Yet that is what practically all governments do. They go into debt on any sort of provocation at all, and load posterity with an interest charge that cripples the national energies, but they never seriously try to get ahead and have this interest help the taxpayer instead of burdening him. Some governments do have productive investments in things like railroads and telegraphs, but that is because they want to run the railroads and telegraphs, not because they are consciously providing for a rainy day. Nearly 70 years ago we were just in the present position of the republic of Panama. "We had paid oft our national debt, and had a surplus of $37,000, 000 in the treasury. But instead of investing that money thriftily we distributed it among the states, which squandered it -in speculative enterprises that made it a public curse. A year later the government could not pay its bills, and was begging bankers to shave its notes. We have never been out of debt since, and just before the civil war began we were borrowing money at 12 per cent. So ingrained is the borrowing habit among us that even now we have provided by law for issuing bonds to pay for the construction of the Panama canal, although we have enough idle money in the treasury to cover the entire work. It might be well for the republic of Panama to give its creators a few lessons in finance. uotuvb "I And Cimnd ao fmt that I wnnld not be Without tliflt. 1 HI trnol'Ud great ,tl tnriilil Hi it 'nl hrs.Ut'hii, (i w a met takluf Caararvta l'n.l Cathartic I furl vary umoh baltrr I ahull reriAinijr rttMmiiiiul lliam to my frttuaa a th biNl ii'etHHna I hav aver aran." Anna Uwtiwt. Uabura Mill .No, t, fall RlTtr, Mm, JfiP$ih Beit For si .jay Tha Dowels ja tew PIraiant. Plaahta I'nlant. Taata flood. Do OoM, Ktr Sl.-kon, Waaaatt nrOripo. Ifc'. !.V,tit. S( anM In hulk. Tha lienutna uiilat Mxmind UUU. UuMnnli'aJ to eura ur ywt nu'r bank. Sterling- Remedy Co., Chicago or N.Y. tot ABUAL SUE, TEN MILLION BOXES AT THE INSIDE INN. The direct primary law was framed for the pur pose of preventing men of one political faith from interfering with the primary elections of the other party. Of course, the whole trouble arose in Mult nomah county, where republicans and democrats are alike notoriously crooked in their political dealings. But the law will not do what the dreamers hoped it would do. Democrats who are anxious to influence republican primaries will register as republicans, and vote just as they voted before the new scheme was dreamed. It would seem that Multnomah poli ticians can only be satisfied by denying the right of suffrage to all voters excepting alone "de gang." The German bark Anna is the first of the Portland bound ships to hit the bottom of the Portland chan nel. She was compelled to wait a week or 10 clays at Astoria for higher water, but even then was unable to find her way among the shoals. Of course, the 10 days' delay here and the stranding of the ship will not make any difference with the owners and char terers, who are doubtless in business for their health. No wonder that new transcontinental railroad is go ing to terminate at the sound! We have been asked whether or not a vice presi dential candidate must be natural-born. The consti tution provides (article XII) : . "But no person constitutionally ineligible to the office of president shall be eligible to that of vice president of the United States." The president must be a natural-born citi zen, and the vice president must also be a native born citizen. On Monday Mr. Roosevelt will accept the repub lican presidential nomination. 1 Meantime Fairbanks is taking a chance that his running mate does not intend drawing off the ticket and is out stumping the country. Two hundred editors have promised to support Judge Parker. Now, if the good judge can just find the other 6,999,800 votes essential to the success of his candidacy, he will have a "skinch." Anyhow, the far eastern war will, if mine ex plosions continue, have the effect of familiarizing a large number of men with the sensation of being up in the air.. , Jekes Get Old, Though Funny at First. A visitor to tiip world fjilr wiiikfit timidly up to tho rlevk :it tho In t I iiv k ainl'a.Vricd: "Kxeuse iw Hlr. 1.1 t tho 1 1 1 f i I Inn? Ami, If . U lh I'S'i'i'iii-tor "I tho Inside Inn In'.'" "Yt's." ivill'd the eh'i'k, wjth it far .nvay look In Ills , "thin In thii Inside Inn, an I yo'.i will Mm! the pro pr!;or of the Imld Inn ontril by tile Inn's sMo. il. h.w htion k.-fjiln:,' the Inn for Kevenil week." "All right." snl.l the guest, "If thin Is the Inside Inn, we wmit to see ltn tnnlrie us well a im outside before we look Inside itny ot the outside Inns. If we like the Inside Inn' Inside and outside better than we like the outside Inn's outside and Inside, we may bring our thine;" from outside Inside anil atop inside the Inside Inn, brruust) we won't have to go from the Inside, outside or come buck front the outside Inside whtm we're wins the fi:lr, but we can re main Inside or outside the Inside Inn, It being the only Inn Inside the grounds. The other Inns art; on the outside and furnish no more comforts for the guest's Inside or outside than does the Inside Iu wllh t! exhibits close outside at the Inn's side, that Is the Inside Inn's side. In " Hut the clerk had fumed ami fallen Inside the Inside Inn's d' silt, and I id I boys were hurrykitf w ! t li v -iter for his outsld" ami brandy ftr his Inside, thouRh In their cx'-it 'inent they Rot that which was meant for his inside outside, mid that which was for his out.slde itedde. Foreigners Who desire to learn the English Ian gunge will be Interested In tin linn out that the PACIFIC LUTHERAN ACADEMY offers a course especially adapted to their need, S'o one will be refused admittance because he does not know enough. We enhnot tell you fill about it here. Write for furl her Information, address DEPARTMENT B, PACIFIC LUTHERAN ACADEMY. " Parkland, Wash. me STAR THEATER ASTORIA'S FASHIONABLE VAUDE VILLE HOUSE IN CONNECTION WITH STAR AND ARCADE THEA. TERS OF PORTLAND Change of Program Monday. Change of Act Thursdays. MONSTKIl HILL -Week Beginning MONDAY MATINEE, SEPT.-5th THE -TWO BENN8, Spectacular 8ketch Artiita and Come diana. MARGERY MANDEVILLE, Vivaeioua 8oubrette, in Songt, Dances and Contortions. 8WEDE FISHER, Famous Dialect and Character Come dian. ZARNITA, Pariaian Electrio Dancer. illustrated 80ng3. moving pictures: Admission 10c to any sent. I i 1 0"i (.', mat aaawrw", 4 . P. A. STOKES The Store That Does Things" SEE CENTER WINDOW V Sold P. A. StoKes Way "Money Bach If You Want It" The above is a cut of our hand some Rouble breasted coat "The Newport." A swell suit for swell young men. Another of our dressy suits for dressy mei is the "Nusac" in all materials, grades and prices. These garments are cut with a dash and go to them that make them easy winners with the BEST DRESSERS. $10 to $30 Sold P. A. STOKES' Way "Money Baclt If You Want It." P. A. STOKES "The Store That Does Things AN ASTORIA PRODUCT Pule Bohemian Beer Best In The Northwest North' Pacific Brewing Co, H Em Staple and Fancy Groceries FLOUR, FEED, PROVISIONS, TOBACCO AND CIGARS. Suppliee of All Kindt at Loveet Pricee for Fishermen, Farmers ' ' end Loggers. , . i ; Branch'Uniontown, Phones, 711, Uniontown, 713 A. V. ALLEN, Tenth and Commercial Streets. " ASTORIA, OREGON. ixxmxxiixxurnxxiiixix C2SO000000(SO0000 JOv' OiOSO 040 I PLUMBING and TINNING STEAM HEATING, GAS FITTING, ROOFING AND REPAIRING BATH TUBS, SINKS, CLOSET8 AND OTHER 'FIXTURES IN O O 8TOCK. 'ONLY THE BEST. CALL AND GET OUR PRICES 425 Bond Street Phone 1031 2 O00000000000000000000 I J. A. Montgomery THE LOUVRE A First Class Concert Hall ' ' Finest Besort In The City ADMISSION FREE ATTRACTIVE PROGRAM Seventh and Astor Streets CHANGE WEEKLY CHARLES WIRKKALA, Prop.