PORTLAND
OREGON
WEDNESDAY
OCTOBER 21
ED I TOR I A L PA G E O F THE
JOURNAL
THE OREGON DAILY JOURNAL
AN INDEPENDENT NEWSPAPER
V" 1 1
'JOURNAL PUBLISHINQ CO... . Proprietor!
C 8. JACKSON, . . . . . . - . Publisher
Published every evening (exempt Sunday)
at The Journal Building. Fifth and
Yamhill Sts... Portland, Or.
OFFICIAL, CITY PAPER
GOOD EVENING.
, The philosophy of life la Its working
hypothesis of action. To hold that all
effort la futile, that all knowledge Is Il
lusion, and that no result of the human
will ia worth the pain of calling it Into
action, is to cut the nerve of effective
ness. In proportion as one really be
lieves this, he becomes a cumberer of
the ground. It was said of Oscar Mc
Oilloch, an earnest student of human
life, that "In whatever part of God's
universe he finds himself he will be a
hopeful man, looking forward, not back
ward,' looking' upward and not down
ward, always ready to lend a helping
hand, and not afraid to die." David
Starr Jordan, in his "Philosophy of De
spair." .
this very important feature, of its school re
sponsibility, and having so neglected it its
lack must nowJie accepted. as a matter of
course. This is not the sort of comfortabl
philosophy which should satisfy the parent
of this city. They should demand open-air
recesses on the ground that the health of the
children requires them. If they cannot do
better, let the children race up and down the
adjacent sidewalks. Should they accidentally
overflow even into the streets it should not
be regarded as a' calamity. A few muddy
shoes will do little harm; the compensation
will be found in the improved health and
spirit' of the children and the zest w ith which
they will return to their studies
The question is really one that deeply con
cerns the parents of Portland. If properly
approached it is not Incapable of solution.
This being true, the school officials who are
so largely responsible for the health and com
fort of the children should give the matter
serious consideration and endeavor to find a
remedy for what is really a crying evil in
the school system of Portland.
IT IS A GENERAL RECORD.
BEING DULY SWORN.
MR CHAS. H. HUNT lately, being first
duly sworn, deposed arid said that
one John Thomas did on the fifth
day of October, 1903, "wilfully and unlawfully
play In and at and bet at and upon a game
called faro, whereby the peace and quiet of
the city was disturbed." One would suppose
irom his taking the Bible oath on it that
Charles Hunt was greatly aggrieved at the
actions of John Thomas occurring on the
tlfth of October, and was determined that on
subsequent days John Thomas should cease
to disturb the peace and quiet of the city. It
would never be supposed now that in fact
' Charles H. Hunt was aiding and abetting in
the game called faro on that very fifth day
of October, and had made a prearrangement
with the said John Thomas, under the part
nership name of Larry Sullivan and Pete
Grant, whereby the peace and quiet of the
city was to be disturbed on that day and on
all subsequent days by the playing at and the
betting at and upon the game called faro.
'. And the said John Thomas not appearing
when his name was called by the clerk of
the municipal court. "I, H. W. Hogue," reads
the record, "have ordered'.hls ball forfeited."
That would seem to Indicate that H. W.
Hogue, was properly Indignant that John
Thomas did not appear to answer the grave
charge made against him by the oath of
Charles H. Iftmt. '
Tou would never be able to guess from the
. record that at the very moment of ordering
the bail of John Thomas forfeited H. W.
Hogue knew that John Thomas, alias Sulli
van & Grant, waa at 130 Fifth street betting
at and upon the game called faro, and dis
turbing the peace and quiet of the city, In
form and manner as deposed by the oath of
the said Charles H. Hunt Tou would never
. be able to Relieve, unless you had the word
of Charles H. Hunt and H. W. Hogue for it,
that the solemn oath of the former and the
, judicial order of the other were merely forms
to permit and encourage the said John Thom
as to play the game called faro, and to dls-
ITH A FEELING of pride which It
makes no effort to conceal the
Pendleton East Oregonlan alludes
to the general conditions of prosperity which
prevail in Umatilla county. "Probably more
mortgages," it says, "have been satisfied
within the past six months than ever before
In the same period of time. More farmers
have money in the banks and are In easy cir
cumstances than before In many years. Sub
stantial Improvements are being made, and
every class of people seems to be taking ad
vantage of the good times 'to prepare well for
any unforeseen emergency. There Is not an
Idle man in the county who Is able and will
ing to work. In fact, labor Is scarce From
an industrial standpoint, Umatilla county is
at her best"
All of this is exceedingly gratifying and
makes pleasant and Instructive reading. But
the pleasing report which comes from this
one county can be duplicated In every
other county in the state. While crops may
have been smaller In some sections, the prices
received for them were correspondingly
higher, so that the net result will be quite as
satisfactory as tnougn mere had been a
bumper crop record.
No section of the whole country is more
prosperous than Oregon, and that is saying a
good deal when one considers how peculiarly
fortunate 'the farmers in all parts of the
country have been for the past few years,
But in scarcely any other section are the
conditions quite so easy as they are here, and
in none of them could the people be better
satisfied with the results. The people of Ore
gon have riot only made money, but they
have saved money, and should the pinch now
being slightly felt in the East extend its way
to the Pacific coast our people, fortunately
for themselves, will be in good condition to
meet whatever stringency may arise.
It has indeed been a great year not only
for Umatilla county, but for the whole state
of Oregon, naturally including Portland,
which has made a wonderful record In the
past year.
THE MANCHURIAN SITUATION.
Attitude of Russia to the " United States
DefW,:
MRS. FISKE'S COSTUMES.
At
From the New York Tribune.
Russia has, up to the present time, re
pudiated none of her obligations to the United
States, and the only pretext on which this
country could make a quarrel with her is her
faithlessness to China, which does not ap
ppur at the present time to be worth the
candle to the United States, though other na
Hons may be warranted in embracing it
Russia s direct assurances as to the main
tenance of the "open door" have; been ex
pllcltly reiterated at least a score of times
since 1899. and there is not the slightest rea
son to believe that she will discriminate
against American commerce and other rights
acquired from China in the territory that she
is holding away from China with the ap
iwtrrm determination to administer if per
manently. There is admittedly a possibility.
more or less remote, that from military con
siderations American Interests In Manchuria
would be affected In case of war over that
territory between Russia and other nations,
om mai contingency does not cause partic
ular concern Just now, especially as such
war would be apt to be short, and would be.
in ail probability, of far 'greater benefit to
American commerce In other fields tban Man
churla,
DOWIE'S JOHN THE BAPTIST.
He Has Helped to Build Up Zion's Property,
From the New York Sun.
William B. Kindle, first apostle to New
York of Elijah Dowlas Christian Catholic
church and the man who has made all the
preliminary arrangements for the "Restora
tion Host's" descent on the city, has not al
ways spent his days In telling of the healing
virtues of the new Elijah. A few years ago
he was a traveling salesman for a Michigan
turbfthe peace and quiet of the city from and corset manufacturing company and devoted
after the said fifth day or UctoDer up to ana I nia eloquence 10 urging on Duyers ine oeau-
Includlng the 20tb day of October, 1903.
You might imagine from the record that
Mr. Hunt was afflicted with a semi-monthly
conscience and that Mr. Hogue's Judicial dig
nity waa subject to a fortnightly revival. But
you would be mistaken. These eccentricities
are only apparent, for the conscience and the
dignity of the aforesaid are as deadly para
lysed on the fifth of October as on any other
day. Their official misconduct is as constant
as the operatipn of the game called faro, and
their persistence in flouting the law as un
fluctuating as that of Mr. John Thomas "et
id omne genus."
There are some men who are deluded with
the notion that the rottenness of a fraudu
lent transaction is alleviated by being dis
guised under some semblance of legal forms.
Among such men are Charles H. Hunt and
H. W. Hogue. The legal forms, however, to
a right-thinking mind do not make that hon
est which is not honest. So far as the merits
or demerits of the real transaction are corf
cerned. the forms might be dispensed with.
It would be Just aa legal and Just as preper
for the chief of police and the municipal
Judge to go down to the faro bank at 130
Fifth street and draw out the city's share of
the spoils, without troubling John Thomas to
take It to the municipal court, and without
prostituting the records of the court to these
' base purposes.
ONCE AGAIN THE OPEN AIR
RECESS.
ties of the straight-front corset.
Kindle lived for 20 years In Kalamazoo,
Mich. He had a large salary and was, one of
the leading members of the Michigan Knights
of the Grip, a fraternal organization of trav
ellng salesmen, lie became so ardent a
Dowieite that in 1901 he went to Chicago and
then to Zlon City.
. .Old acquaintances think that there Is an
explanation of these things In the fact that
Kindle was soon sent to New York to open
a sales office and practically to create a bust
ness for the Zlon lace industries. Kindle says
that be has "built up a big business In laces
to the glory of God." His old acquaintances
and friends on the road Insist that he was
hooked by emissaries of Dowle, who is con
stantly on the alert to obtain business men
to take charge of the industries by which he
hopes to make Zion a permanent city, and
Incidentally add to the contents In the Dowle
strong box.1
Kindle is strong in his faith. A few years
ago one of his children died without medical
attendance while a Dowieite healer was pray
ing over It. The Michigan board of health
took ud the matter, but found there was no
statute under which It could Institute legal
proceedings. But the death of the child re
sulted in a change in the Michigan law and
the removal of the Kindles to Zion, where
the officers of the law go armed with the
Bible and the covenant. These are the guards
who will be In charge of affairs at Madison
Square Garden.
Kindle organised the Dowieite congregation
which has met in East Fifty-eighth street.
Last Sunday, he prayed and preached there
for the last time. He expects to need a much
larger place to hold the converts made by
Dowle.
A . RECESS In which children are taken
&A -to a basement and under the watch
fl ful eyes of monitors -walk about like
bo many automatons is not a ;eeess in any
real sense of the word. It is simply exchang
ing one species of restraint for" another and
cannot afford that relaxation which this short
respite in the day's study should afford.
Above' all, it gives them no chance to get
active exercise, to expand their lungs and
get the fresh air which is so stimulating and
so invigorates them for another period of
study. ' '
So far aa the children catching cold through
"getting" out during wet weather, they would
be just as liable to such ills on their way to
and tram achoc-1. a& during the recess, hour.
The way to catch colds is to continually de
vise new methods of avoiding them. All
agree that the children should be permitted
to get out during the recess hour. Every
physician will make plain the absolute need
of this relaxation, supplemented as it would
be by fresh air.. The absence of playgrounds
1 justified because Portland" has neglected
SEE8 SENATOR PLATTS FINISH.
From the Chicago Record-Herald.
"I see," said . the amateur philosopher,
"that Senator Piatt is going to marry a lady
who has twice been a widow. Mr. Piatt Is
tempting fate. The lady Ja almost sure to be
a widow again. You will say this Is an easy
prediction to make, because the senator is
nearly twice as old aa his bride-to-be, but I
would say that his chance to survive her was
very poor even if he were as young as she is.
I have made a study of this question, and I
find that In about 19 cases out of 20 a man
who marries a widow leaves her a widow
again that is, if he was not a widower him
self. It works the same the other way, too.
When a widower marries a woman who has
not been married before he Is almost aur to
become a widower again. Mr. Piatt it a wid
ower, but he has burled only one wife, while
the lady has been twice bereaved:' therefore,
her chance, age aside, is twice as good as his.
I don't attempt to account for this. There
may be no explanation, r But If you wrll
watch you will find that the law which; I
have described works out to the -same end
almost Invariably." a.
still. It in not forgotten that, although
Russia within the year gave emphatio and
unequivocal pledges in writing to the United
States that she would not oppose, but would
ravor, the American commercial treaty with
miia, wnicn was signed last mursday. a
copy of that treaty having been furnished to
the government at St. Petersburg months
ago, Russia, In fact, did very nearly succeed
in defeating the negotiations by exerting se
cretly every resource against It at Peking.
When ratifications of this treaty are ex-
changed, if in the meantime Russia has not
withdrawn, from Manchuria, the United
btates can confidently look to Russia to carry
out the provision for opening two new ports,
with full reliance that, having already as
sured the United States In writing that she
regarded that provision as binding on her as
It is on China, she will not break faith with
us.
Unlike Russia's agreement with China re
garding Manchuria, which Is held to have
lapsed, the Russian guarantee to the United
States for carrying out China's obligations
has no limiting date, and can, therefore,
never be held to lapse, by any line of reason'
Ing, however oblique.
At the Russian embassy the officials are
not alarmed over the situation in the Far
East. The view held there is that neither
Russia nor Japan desires war, though both
may be making preparations to that end, and
that there Is really no question at issue
which cannot be settled without recourse to
arms. The embassy has received no advices
from St. Petersburg for more than two weeks.
Effect of Color (o Typify Character Contlct
( ered In Their Selection, i '
A gorgeous gown of cloth of gold lias ben
the costume sensation of the present dramat
ic season. It is one of the Costumes Mrs.
Flske wears in the character of Mary of
Magdala In Paul Heyse'a Biblical drama of
that title. It Is in the second act of "Mary
of Magdala". that Mrs. Flske appearf tit the
gown of cloth of gold. Mary-comes to the
house of a young Roman, Pllate'a nephew,
that she may see in the garden'adjolning bli
the new prophet, the Nazarene, whom some
call the King of the Jews. Aa ahe enters and
the white sun of Palestine is reflected In the
luster of her gown, ahe Is dazzling in her
magnificence, with a splendor that is truly
oriental-.
The costume Is all golden except in front,
where folds of the outer robe pajt and reveal
an underskirt or red silk. The gown Itself
Is of heaviest cloth of gold, whose conven
tional pattern Is outlined with a profusion of
rhinestones. In the back the gown falls In
straight folds, while In front it fits the figure
to the waist. The sleeves are short with long
undersleeves of gold satin. On the Magda
len's head Is a crown of gold, studded with
large and small turquoises.. Over, her ears
are clusters of the same gems, from which
hang on either side three long pendants. But
these, like the face, are hidden &t first by two
veils of gold -embroidered lace. The first of
these, that falls almost to the waist. Is re
moved soon after the entrance, when the sec
ond and shorter veil Is folded back from the
apex of the crown.
A L08T CHANCE OF LIFE.
Belief That Ship-Building Co. Might Have
Been Saved. -
FrdmlheNew'York Evening Tost.
The greatest amount of interest in the af
fairs of the United States Ship-building com
pany, which i are now coming to light by
moans of the hearings in the receivership
case, seems to centre about the withholding
of the earnings of the Bethlehem Steel com
pany, one of the constituent organisations,
from the central company. It Is now the be
lief of those who are familiar with the deeds
and misdeeds of the ship-yards company that
if the earnings of the Bethlehem , company,
which amounted to t2.S00.00O in the first year
of consolidation, had been turned over to the
needs of the parent company, or if even a
million dollars of the amount had been made
available for Its uses, the catastrophe over
taking it could have been turned aside.
It has been claimed that the purchase Of
the Bethlehem Steel company by the ship
building combination was an ill-advised pro
ceeding, but the counter claim waa made to
day by one whose knowledge of facta In con
nection with the business of the consolida
tion makes his statements valuable, that the
Bethlehem purchase' .was a commendable
transaction, and that there would have been
no financial difficulties had certain hand
been kept from it after the consolidation. .'
I cx SHORT STORIES
MRS. 8AGE MOVES RUSSELL 8AQE.
He Isn't Helping Much, Being Attached to
His Old Home.
From the New York Sun.
Mr. and Mrs. Russell Sage have begun to
move Into their new home at 682 Fifth ave
nue, three doors south of Fifty-first street,
the house in which Charles Broadway Rouss
lived for so many years. It would be, more
correct to say that Mrs. Sage Is doing the
moving, because Mr. Sage, In a polite and
considerate manner, Is doing all he can to
obstruct the work. He doesn't look with any
more favor than is necessary on getting out
of the old house, at 606 Fifth avenue, where
he has lived so long.
Mrs. Sage has wanted for a long time to
get away from the noise and confusion of
the Forty-second street corner of Fifth ave
nue.
The present Bage residence Is one door
north of the corner. Finally, Mr. Sage heard
that the estate of Charles Broadway Rouss
desired to sell the old Rouss home, opposite
the cathedral, and he bought it. But a man
doesn't have to move into a house as soon
aa he buys It, and Mr. Sage put off moving
day as long as he could. At length Mrs. Sage
Insisted on a beginning, and the work was
begun last week. By the end of this week. It
is expected, Mr. Sage will take the elevated
down town from Fiftieth street. Instead of
Forty-second street.
Mr. Sage has lived In the old house Just
a little less than 50 years. The house gas
built by a man named Hollister on ground
now owned by Commodore Gerry. Mr. Sage
bought the house from Hollister and has paid
ground rent to Comntodore Gerry, or his pre
decessor, an inese years, isvery once in a
while Commodore Gerry has raised the rent
and Mr. Sage has raised a rumpus. The
Jease has three years more to run.
For 10 years after he bought the house Mr.
Sage kept bachelor's hall there. Thirty-four
years ago he married Margaret Olivia Slo
cum, and after the honeymoon -he took his
bride to the home he had prepared. They
have lived there ever since, and Mr. Sage
was rather hoping that he and Mrs. Sage
might celebrate their golden wedding in the
old house. That's why he hasn't helped much
In the moving.
That the moral value of colors has been
studied in preparing Mrs. Flake's costume is
evident as soon aa the play begins, for' noth
ing could probably better typify the charac
ter than the gown of red brocaded silk in
which she first appears. The red Is of a dark
purplish shade and the floral pattern is out
lined in gold thread and studded, with rubles.
There Is a long train to the dress and at the
waist Is a girdle of gold. The gown is decol
lete, square, with shoulder straps and breast
plate of gold and rubles. Another crown is
worn here, while a loose-sleeved transparent
cape of red silk crape edged with gold lace Is
thrown over the shoulders. The effect Is rich,
but never glaring or brilliant.
Ip the fourth act, where occur the most
powerful scenes of the play, Mrs. Flske wears
a simple gown of light brown silk crape of
the softest texture. Yards of this material
are used in the full skirt and In the loose,
flowing sleeves, and In the climax of the act,
where Mrs. Flske stands with the light of an
open doorway shining upon her, the shadow
effects made by the graceful gown aid in
the picture, beautiful, spiritual and almost
unreal.
Thus In the color scheme the progress of
the Magdalen's regeneration is denoted. It
finds its end in the last act, that leaves Mary
exalted in her perfect faith. Here she Is
gowned in spotless white, crape again being
the material, and simplicity the gown's most
marked feature. .
In order to show the Justification for the
purchase of the Bethlehem Steel company by
the United States Shlp-bullding company,
one of the men who was cognisant of prac
ticably every move In the transaction, said
today:
"The shlp-bullding company, in acquiring
all the stock of the Bethlehem company, ac
quired earnings which were represented to
be, in the year previous to the consolidation,
about 11,500,000, and which, in the first
year's business of the shlp-bullding company,
as certified to by Mr. Mcllvalne, the president
of the Bethlehem company, In the prospectus
of the Sheldon reorganisation committee of
May 26, actually proved to be $2,600,000. The
Trust Company of the Republic was offering
to Investors of this country the first-mortgage
bonds of the United States Shlp-bullding
company, and these earnings which the
Bethlehem company made were sufficient to
pay the interest of 1500,000, and the sinking
fund a"" $200,000, oa the Bethlehem collateral
trust bonds, which were also a second mort
gage upon the ship-building plants, and leave
$1,800,000 of the earnings toward the interest
on the flrst-mortgage bonds of the ship
building company, which were offered here.
"The interest and sinking fund on this Is
sue of bonds, which amounted to $14,600,000,
was $725,000 of Interest and $200,000 of sink
ing fund, still leaving $875,000 of earnings
from this source alone toward dividends on
the preferred stock.
Could Endure No Mora. . .. . st ,
From the Chicago Record-Herald. C J
Fred and I were boys together. We .were
inseparable. ' I remember well when I became
conscious that his boyhood indifference waa
being displaced ' by something J afterward
learned waa pride. It was one Saturday
morning no came past the house and wanted
me to go with him to get his hair cut. , Tho
barber had a habit often found - in small
towns of making fun of all work not done by
himself, and Fred's head was not exempt
"It I couldn't cut a better bead of hair than
that," he aaid, "I'd lay down my scissors and
never pick them up. It's a shame to spoil a
good-shaped head in any ouch manner. Who
cut your hair, anyway, aonnyT J- , .
"My mother," said Fred. , ,
Well, we started home and met a theatrical
troupe going to the depot. I guess It was the
leading lady at least she was tbe best-looking
stopped us and said:
"But who made your pants V ' , . '
This was adding insult to injury ' and Fred
mumbled, "Ala, gol darn her." .
v. , - , " '' i
They Wens All Small. ,,':
From the New York Sun. t "
It Is a peculiar fact that the four men who
havo taken the leading part In the latter-day
development of the steel lndustry of America,
are small in stature.
Mr, Carnegie Is only a few iqches above
five feet In height. Henry W. Phlppa, hit '
old partner, is not an Inch taller, and John
Walker, the other member of the trio whd
revolutionized the manufacture of steeL has
perhaps a little the better of both Carnegie
and Phlppa.
As for Henry C. Frlck. his head would Just
about reach to the shoulder of a man of ordl
nary height
It is said that one day when these four
steel masters were walking together on the
streets of Pittsburg a bootblack called out to
his business rival farther down the block, ar
the millionaires passed:
"Eh, Jimmy, git onto der runts!"
HE MADE IT WORK.
TO BULL COFFEE.
ANOTHER VER8ION.
From the Chicago Tribune.
This is the house the city built.
This is the graft that lay in the house the
city built.
This is the grafter that got the graft that
lay, in the house the city built.
This Is the chap with the horns and tail
that tempted the grafter that got the graft
that lay In the house the city built.
This is the man that went on the trail of
the smooth old chap with the horns and tail
that tempted the grafter that got the graft
that lay in the house the city built.
This is the man that raised the wall that
started the man that went on the trail of the
smooth old chap with the horns and tall that
tempted the grafter that got the graft that
lay in the house the city built.
This Is the mayor, so hearty and hale, that
heard of the fellow that raised the wall that
started the man that went on the trail of the
smooth old chap with the horns and tail that
tempted the grafter that got the graft that
lay in the house the city built.
W. P. Brown Gives a Hint of His New
Plans.
From the New York Journal of Commerce.
Ever since William P. Brown of New Or
leans was elected a member of the New York
Coffee exchange on May 6 last there has been
much speculation in the local coffee trade as
to Just what his object was In entering this
new field of speculation. Since that time,
however, he has been so busy taking money
from Wall street, through his cotton manipu
lation, that he has not given coffee a thought.
But now it Is stated on good authority that
he recently made the remark that he intended
to put the price of coffee exchange Beats up
to $5,000. They are now selling at about
$1,500. When asked If such a report was
true, he did not deny the statement, and in
referring to the fact that he was a member
of the exchange he said he waa bullish on
coffee.
The entrance of Mr. Brown into the coffee
market as a speculator, especially with the
large money Interests which he has behind
him, will undoubtedly stir things up some
what. And there could certainly be no bet
ter time than the present for a new factor In
the speculative arena.
With prices on their present relatively low
basis, coffee is generally considered agood
purchase, and during the last few days theee
has been an exceptionally good demand from
Wall street Interests.
PREMIERS AND THEIR RICHES.
From Men and Women.
It is somewhat of a coincidence that Lord
Salisbury's will should disclose an estate
within a couple of thousands or so of his
father's whteh was proved 36 years ago at
Just 300,000. Mr. Balfour is much wealthier
than was his uncle, the premier's income. It
is said, being about 70,000 a year. The
money came from his grandfather, who
earned a vast fortune In India at the begin
ning of last century by contracting fof the
navy, making as mucn as uu,uuu in xour
years. When, the income tax stood so high
during the Boer war, It was stated that Mr.
Balfour handed over to the Inland revenue
an amount equal to his sary aa prime min
ister. Lord Rosebery is another exceedingly
wealthy man who has been premier. Mr.
Gladstone, on the other hand, was a com
paratively poor man, although bo skilled at
finance. He was fairly wealthy at one time,
but unfortunate investments in mines re
duced hia capital very much. At Hawarden
he was merely a tenant for life, the property
belonging to his grandson. Lord Beacons
field never had much money of his own, al
though his novels, It Is well known, brought
him In big sums. He had expensive habits,
and the fortune which his wife brought him
was more than welcome.
"From the same report of the Sheldon re
organization committee it was shown that
the earnings of the Bethlehem company for
the first year's business of the shlp-bullding
company were $2,500,000, and the earnings of
the shipyards were, approximately, $750,000,
making a total of $3,250,000, which would pay
all the fixed charges and sinking fund on both
Issues of bonds, amounting to $1,800,000, and
would pay the dividend on the t6tal issue of
preferred stock, amounting to $1,200,000, and
leave $250,000 toward the dividend on the
common stock. These figures of total earn
ings turned out In the first year to be within
a few hundred thousand dollars of the esti
mates which were originally presented to the
public as the probable earnings of the com
pany by the Trust Company of the Republic,
and which information they got from the ac
countants supplied by' Messrs. Alexander &
Green, on the part of the ship-yards com
pany and by Messrs. Jones, Caesar & Co, on
the part of Mr. Schwab for the Bethlehem
cpmpany, the only difference being that in
stead of the earnings giving about half and
half-from the shipyards. and Bethlehem, mak
ing earnings of about $1,600,000 from each.
they actually turned out that Bethlehem
earned $2,600,000 and the shipyards $760,000.
"From this the suspicion is very strong
that, Mr. Schwab, controlling both, was at
tempting to wreck the concern and absorb
upon himself the Bethlehem. Possible Irreg
ularities in the bookkeeping, which would
show the, greater amount of earnings in the
Bethlehem part and less in the ship-building
part, would be a possible Justification for his
attempting to withdraw.
"This method of bookkeeping, by charging
mora from one department to another, is per
fectly Justifiable iri an honest administra
tion of a business, and could not be criticised
in any way If it "were done for honest pur
poses, because It makes no difference to the
concern as a whole, to its stockholders or to
its bondholders, aa to where the earnings
come from; but if there is a plan on foot later
on to wreck the concern, It is of material Im
portance, v
"As soon as the, shlp-bullding company got
nominal control of the Bethlehem plant it
would seem that Mr. Schwab put hia grip on,
and, through his control of the board of di
rectors of the shlp-bullding company, re
fused to allow the earnings of the . Bethlehem
company to flow to the central organization.
If the shlp-bullding company, which owned
all of the stock of the Bethlehem company,
could have got hold of even $1,000,000 of the
steel company's profits, the catastrophe .of
the present could have been prevented. Fur
ther, If Mr. ' Schwab can be compelled to
lossen his grip on the steel company, the re
ceivership could be dismissed at once, rind no
reorganization would be necessary."
The German Chemist Suooeeded Where All
the Other Experts Failed,
When electricity was first being put to
commercial uses, the Carnegie Steel com
pany Invested In electric traveling cranes to
the extent of a quarter of a million dollars.
After the cranes had been delivered and
paid for the discovery waa made that they,
wouian t wont.
As a result the men who had talked Mr.
Carnegie into giving his approval to the pur
chase of the cranes sat up nights trying to
find a way to make them travel, and inci
dentally wondering what would happen to
them'if they did not discover the way..
While these Uentenants were thus occupied
a chemist in the Edgar Thompson works who
had recently come over from Germany spent
his spare time in making a set of plans for
some sort of mechanical construction. Whss
he had finished he rolled up his work, placed
it under his arm, went to Mr. Carnegie's
Pittsburg office and sought admission. In
the course of time he got to his employer.
"Mr. Carnegie." he said, after he had In
troduced himself, "I can make the electrle
cranes go." ,
Mr. Carnegie looked at his visitor in as
tonishment. -
"You make them go!" he said, incredu
lously. "Do you know that the best elec
trical experts In " America can't make them
gor ......
"I do," waa the reply, "but I can make
them go, Just tbe 'same."
"Then tell ma how," said Mr. Canegle,
Impressed by his employe's earnestness. ;
With that the chemist, who hadn't had
credit for knowing anything outside of bis
own department, unrolled hia blueprint plana
and started to explain his scheme. Before
he had got fairly well started it waa evident
to Mr. Carnegie that the German' had hit
upon the one idea that would make tho
cranes go.
He turned to his desk and, while the maa
at his elbow kept up his struggle with tho
English language, he wrote out this order;
Mr. is to have any material and any
men that he deems proper at his disposal un
til further notice. ; '
"Take that," he said, as he handed the pa
per to the German, and broke off the inter
view, "and if you can make the Cranes go J
shall be much pleased."
A month later .the chemist again obta!ne4
audience with Mr. Carnegie.
-"They are all working," he said.
Today the man Is living in Germany,
where he is running a vineyard. He bought it
with part of. the quarter of a million dollars
the cost of the cranes that Mrt, Carnegie
alloted him of the stock of the Carnegie Steel
company. : , j
REFLECTIONS OF A BACHELOR.
Chicago University Looking Up.
From the Birmingham News.
In the past week there have been two ad
vances in petroleum. President Harper may
begin to make advances to get another advance.
A Chicagoesa Comparison.
i From-the Chicago Newa.
A pig has aa much use forTi tall as a man
has for the two buttons on tlfe back of his
coat. .
.Almost One of Us.
From the Washington Post.
Now it is claimed that Prince Aleri paces
fastest when he is full of whisky. The
prince must be almost human, . .
8840,000 CA8H IN THE FLOOD.
From Ahe New York Times.
The freshets between here and Philadelphia
had an effect upon the business of the United
States Bub-treasury yesterday. Part of the
usual dally consignment of new currency
from Washington, which was. received yes
terday morning at the institution, was found
on its tef rival to be aoaked with Delaware
river water, and so injured that it waa de
cided to return it to the capital. The total
consignment waa about $3,000,000. ' The
amount "sent back as unsalable waa about
$40,000 in silver certificates and $800,000 in
gold certificates. The bills were so water
logged that the eolorB had run in some of
them, and it would have taken a Idng time
to separate them and dry - them out The
money came through the express company
which has the government, contract . for
handling currency.
i'. -i One Advantage. .
From the New Yorjs Times. :-
The bachelor girl haa one advantage vel
the married woman; ahe la always a "girt,
no matter what her ago may be,- ' . -
From the New York Press. '
Vice always dresses in the latest fashion.
A meal in the stomachUs worth two on the
bill of fare. . V
Generally the family skeleton is the live
liest thmg in' the family. - ...
What a woman calls being deceitful is for
another to have hair that Is red and curly,
too. - .
Once there was a chap who thought that
man did the proposing, but he never got married.
DON'T WORRY.
-w-
" From the Atlanta Constitution.
Don't worry 'bout de winter
A-raisIn' er a row,
. 'Spite er all yo' cryin'
v Ifa a-comin' anyhow;
Can't be alius summer
Got ter come a Bnow;
Takes a sigljt er rainln
Ter make de rosea grow r
Don't worry 'bout de winter-- f
De summer tarried long, ,
You heerd a hundred mockln'birds
A-makin' sweetes, song;
De cabiit flres'll warm you v
You'll trip it heel-en-toe; 1 -
It takes A sight er ralnm -Ttr
make de rosea growl . '
'Sill I : Jt0r. " .
This everting costume of black silk vollOr.
this corsage trimmed ' with Irish point and
black velvet, la one of the latest Importations
from Paris. - - . - .-
t