The Oregon daily journal., June 11, 1905, Image 4

I f
' ...
4-,
-rr.-;. e.-'-. - ..... ;- ..'. ri'
fc3 Joeirraall
PORTLAND. OREGON.
SUNDAY. . JUNE 11. 1803.
1 v 'i -
T H F, O RG O N S. U N D A Y v J O IT R.
":v"' ;' r -''': AN ,J INDBPBNDENT''NBW8PAPBR .. " V - ' ' :
C. . 3ACKSON
"i ;
PUBLISHED 'BY JOURNAL. PUBLISHINQ COL
JNO. r, CARROU.
THE OREGONlAN VS. ITSELF.
R K HAS BEKM mu: Mid about the granting
of blanket franchfc.es to the streetjraiiway com-
nin; -nrevious to the adoption 6T the charter;
the Oregonian has fairly grown- MaxaUnUhe JaceJrt it
"vehement denunciation ot them. , If it was bad or wrong
', "', for the council to. have granted them and we are not
': dicsing that question at. the present time-roue would
-naturally suppose "that the time to have made that op.
" position'effective was before the council acted and not
v afterward, when, if harm had been done, it wa im-
. '." possibll-of . remedy, z.:? " cM :'f.. 'l-w ---
... rn 7eafingnme7"crenuTic1tos it oc-
' fcurred to us that it might be well to turn to the Ore
- - -ironian of corresponding" date -and see precisely- what
it said'and advised when the 'interesting subject of fran-J
chises was up tor consiaerauon., - - .7
' ? -V' Under date of November, 1902, this is what it
had to say: .?Thejplan;ket franchise agreed Upon between
the city authorities and tb. Portland Consolidated street
' . car System is one that will be looked back upon with
y. lpride in .fnture. years by every participant in its framing.
The cjty offkiais have served the public well, and the
f street car people themselves have set an example which
V entitles them to the honor of pioneers in an inevitable
i.era r profit-sharing by- the city in corporate enter
' prises. " That' conservatism which stubbornly resists the
-iylainestjof adVan-ctng reforms, like; contribution of per
centages on earnings" tothe city in return Tor use of
' "the streets, and such oversight as official inspection-of
,books and sscertainment of what the earnings really are,
4s unwise as it is Vain. Its error lies chiefly in. blindness
- jito the fact that these things are coming along as certain
-.g-future'trme-itself.nd-thal-eady-auiescenca-aow
-Iwwilf tarn 'a puMif sympathy and respect that iVwcll
, . .worth paying, for in comparison with the antagonisms
"that" arise against corporations that too long and stub
bornly oppose the popular wilt', Many a street car com
.;pany has reaped the' harvest of such contumacy in
Strikes .when it found7 the public sympathy with the
-'employes ' for some knpertinent and illogical reason
growing out ot discontent with street-car service, tfaris
!:L ersof dadging lTheir.Tlew is shortsighted who worry
' f aabout provisions of the. new charter conserving "munic
' I ipal controL 1 Long before existing franchises expire a
Acity'r right of eminent domain will have been applied
in ways that would seem revolutionary today."
- '- This from the Oregonian of December S, -1902: "The
City & Suburban's application for a blanket franchise is
powerful testimony. to the educatlonal and moral effect
- -Df the"recent bargain with the Portland raijway.-which
": -was not only a bpM stroke of policy,' but already be
gins 'to figure u i precedent. The exact terms of the
proposed City Jc Suburban f rancise, relative W compen-
' - sation, durationj-etc, we shall not discuss, exceptto
- jr.that, like those-ot-the. Portland IrailwayJranchise,
.they shouldje conscientiously framed by Hhe city -ftf-,
ftctals. Rut on the general proposition of the franchise
"jtseirvteould urge its enactmen at the earliest, jx-
-. - aihl moment "'Once a fair agreement is reached, mat-
tar -of -thj-4tind-hould be closed , promptly. . botK. bcj.
cause of the ciFyT increased revenue, and because sus
- ftmic in. oowerf iJ discourager Jto corporate enterprise.
No body of capitalists, -with full purpose and ability "tc.
-.... carry out their plans, snouia De Kept in p .proionncu
'""'.tate-of alternate favor and .antipathy, such as the Hills
V" and. O'regonJVVaterLPowet peoplehayeh ad Jto con
tend with the pst year. The somewhat precipitate offer
A FORTUNATE INVESTMENT.
It is to
TfronTthe City-&Suburban, atter its rather preeTripToTy-t-thir-asr-oegree, aHtagomBrnrTo-ine sprrtr-pTirargoycrn-
ment and to its best traditions.
Interference with and dictation -of legislation by the
president is theoretically and constitutionally wrong, yet
in practice, and so far as results to the people are' Con
cerned, it all depends on the kind of a president that js in
Office. President Roosevelfls not fenly Tar StrongeiLthan
afcgtwrdedrideihe-presentharJbiS-Par
tax. better tnan nis party as represented
'declination, is doubtless something due to its own de
sire to acquire a definite status before the new-charter
shuts the door on.new,epterprises, and also to the am-
., bition ,of councilmeri ta leaveehincTthem a notable
achievement in the city's history. Neither of these mo
tives is to be censured. " Implication that the citys in
ter-'as tinder the new is preposterous." .
' There csn be no mistaking the cordiality with which
the Oregonian then approved granting of the blanket
. .franchises as there can be none about its present pur-
pose, futile as it proved, to defeat the advantageous sale
!'of a great property, largely held by local owners, to
'capitalists from other cities who are ready to add more
.-money to- that first- invested to improve the existing
'' system-and to widely extend its remificationsjnto the
.'surrounding country.-" dog-in-the-manger game -is
never a good one to play and certainly none could fur-
jiislumoe abundant or better proof of it than the Ore-
th( pant wills.. 1
gonian.
PHILADELPHIA AND PORTLAND.
We dreaded the unscrupulous greed ot our .
"bosses" because weJcacw too well what, such men
had done here in the past, when election laws of
' their own. devising enabled them, as they thought,
-r to defy public opinion with impunity,- and if we had
i eyes we could see -what they were then doing in a .
i. I -.A ' .v,. '
sulci s( icai mail m iiuiiuitu niiifc, w hi,
of us under the like conditions.' Finally, we, or at
least many of us, doubted the sufficiency of our
mayor's good intentions (for,' it is fair to say, nearly '
everybody credited him with good intentions) to save
from " all . we most feared, because - we had so ,
'often seen a similar worthy purpose on the, part of
one after another among his predecessors tr'ied and .
found wanting as a safeguard against the dishonesty
andpacityj4jnfluenCaVspoWmA-commanity"
rio.ng ruled by politicians developed under the spoils
system is like a flock of -sheep whose collies have .
again and again preyed on them. Betrayed so often
' byT)ur own protectors", we know not whom. to. trust
and so, however unreasonably and unjustly, we trust
no one inllv. I'hiladrinhia Rwnr- 2-
" I"! EALLY, isn't this a terrible thing for a newspaper
r to say of its own city? Yet shouldn't it be said,
V; T, 7! if true? And.hasn't. it applied to Portland as
well as Philadelphia? ;, "
But the people are gradually putting mnon guard
' "and fortunately for themselves, they don't care a rap
j f )what their politics is but the first thing to.b&.sssured
wof ;aboutahem,is-,4hattby- arenotg round-out -in., tbe
- dirty grist of a party machine! ' i
, Philadelphia is making up and. reforming itself to
( some extent So, behold, is Portland!
Portland fills. 11 page -of the Portland number of the
June issue of the Pacific Monthly. , Roses, Mount Hood,
.; Mount St. Helens, the harbor, the business district," the
churches,'the city park and-a few handsome homes are
' subjects of some of the best pictures printed in a maga
" fine.R; Mlalljurnishes the descriptive matter-which
-r7"arcHnpaiiea the pictures..' The magaxine is the sort of
' thing one Wdtild choose to send to show the "folks back
east something of the beauties and th,e wonders of this
amaiing country and .its metropolis. The Lewis and
Clsrk exposition is not overlooked and a variety of west
1 ern picture msketthe number btcn-e than commonly at
tractive and that is saying a good deal,. for jhe Pacific
- Monthly Is one f the handsomest rnagatines.'typograph.
- kaliy and in quality of matter that is published.
XE of the biggest financial deals in our Whole mu-
- nicipal history wii consummated yesterdaywhen
tfie'streetTailwompany was" puTcfiised by a
syndicate of Kew York and Philadelphia capitalists.
Thus for the first time is forjtgn cspkal in control of a
great municipal enterprise and thuv too, is loosed a
large. amount of local capital that will immediately seek
new channels, of local investment. It,is understood that
in addition to the purchase price the new owners will set
aside several million dollars .with' which -to bring the
streetcar-lines atid equipment up to the highest modern
standard and to make provisions -for extensions -iOr va
rious directions which have long been -needed and the
value of which to Portland iaJself-evidcnt liThe stimulus
which will come from this new investment and the re
investment of local capital is very likely to introduce
here, as it did in San Francisco under similar : circum
stances, a new era in our municipal .life. It should mark
the beginning of a building boom, pn new lines from that
which we have enjoyed for .the past three years. It
should be the beginning of the rear skyscraper era.
There, are .already - contemplated, independent of this
movement, several striking additions our down-town
business. blocks. ':. The" number contemplated will now
naturally enough be increased so that the prospect for a
genuine building boom in the direction ftf great business
structures could not possibly be better. Once the move
ment . is .well started the unsightly pioneer, structures
which once ornamented but now .mar so many of "our
thoroughfares wnrapidlydisappeaf ; and7 the "spirit "of
emulation being stirred a marvelous new movement will
be upon us before we fairly realize- it and in the course of
a few years a transformation will have been wrought.
In consonance with this movement will come a-move
ment in real estate. . It wilt no longer be fashionable, as
Tt"itaseTer-been-pTofitat)le, 'to 'mairrtarinn?cantrr""Scr
far.asjprances go, worse than vacant lots close to the
business centers. T Whir is being done in, one direction
will naturally be attempted in another and all parts of
the. extending business section of the city will feel the
impetus. - Lots' now inadequately improved will pass
into new handsiget-the attention-they-desetrefrom
present owners. Furthermore great things in this direc
tion will come directly and indirectly from the Lewis and
Clark fair. All that Portland requires is to be known;
once-known its opportunities are, self-evident; and the
highest expectations of our most enthusiastic citizens are
likely to be realized.
Through, motives of private spleen the Oregonian did
its level best to scare away these capitalists who were
eager to come here and invest their millions. Fortun
ately for Portland they looked at things through their
own eyes unblinded by Oregonian spectacles and they
made their big investment on their judgment.; The Ore
gonian's course in this' whole matter has' outraged the
public , and added .further-evidence to the mass which
has so long been accumulating ihat following its old-time-tactics
it has-done more to stifle progress, to scare away
intending investors and to impede development than all
other elements combined. " Luckily the day when it could
inflictvital4mage on our prospect has passed, forever
and that 'day should be marked with a white stone in our
local calendar." v -'" u lJ r -- -
tradition, will try to win by its peculiar diplomacy what
it lost' m the field7of-battt.-- lt' ls. rioweverT-aonbtfar
whether Kussia could deceive the Japanese statesmen
after the experience of the recent past The people of
Japan have certainly a very good recollection of the dis
honest methods of Russia's diplomacy, and will not per
mit that despotism to defraud them of their dearly-bought
victories on land and sea,"" The world may therefore fully
depend that whatever conditions of peace Japan im
poses upon the northern Colossus, they' will be carried
out there willjbe no-ylo!ation of lreatyabiigaUoni such
as Russia has been in the habit of practicing in the past.
It is to be hoped that -whatever conditions Jaoan mav
see fit to impose upon the defested aggressor; that these
may bear lightly upon the people of Russia.'who through
TScTfauIt "of their "own were driven by their brutal" bureau
cracy to. take arms against the people of Japan, but that
the representatives of the mikado will take good care to
dem-Mce the northern desootism of all power on the
waters of the Pacific, so that there may be no repetition
of such bloody warfare as the world has just.' witnessed.
Upon the careful work of the mikado's plenipotentiaries
depends the future peace snd industrial development of
the far cast and the civilized world looks to them for the
display of as much wisdom in the treaty transactions as
befits a people whose valor and self-sacrifice in the field
of battle was never excelled anywhere or at any time in
the world s history. , " , '. - -
Frederick P. Olcott Tells How .to Succeed ;;j v
mrora'thil Nw fork World. , r
IN Frederick P. Dloott who has juat
retired u praaldent o th Central
llfrrut company, the (lnanctat world
naiiree. for though he will visit hla of
fice' about twice a- week and will con
tinue to be a director In many Institu
tions he aeeka'a rest lie has not been
well for some time and be desires now
to cease, his activity.
"Let a young- man mean te auooeed,
said Mr. Oloott. "let hlra start out With
the deliberate and firm lntentlpm to suc
ceed In life and he win reach the coal.
But he must stick at It; he must keep
his determination steadfastly and he
must never set discouraged. If . the
eareer In which ha has embarked and
progressed some distance be not to his
liking-. If It proves dlstaaterul to--nim.
he must not alve It up and turn to some
thing else, in which Jie will have to be
cln at .the beginning all orer agaln. No,
lie must keep right ahead in hla chosen
course If be wanta to succeed.
Mr. Olcott is a big man; with a large.
powerful head, big. dark, twinkling eyes
shaded byshaggy dark eyebrows, the
left one ot which turns up and the right
one down. His strong chin and deter
mined -aw,-whlch-mr used to Stisve un
til recently, are now covered by a cioseiy
cropped steel-giay beard. - His own
career, which he says he carved out on
the principles -he now lays down lor
others. Is the best possible Illustration
of the success-of these principles. His
father was a banker in Albanr 4 MLrtuung Company of America
PRESIDENT AND CONGRESS.":
T
HE Washington Post - says: "One. of the most
prominent and least desirable phases of the pres
ent anomalous political situation is the recently
acquired habit of looking, not' to the legislative, but.to
the executive department for legislation.
in congress,
hence the people will not object if he holds a big 6tick
over congress in regard to some matters, as he did in
the case of the Cuban reciprocity treaty, and as he evi
dently means to do in the matter of railroad rate regula
tion, j ' .
Farther along'the Post, a .Republican paper, confesses
that "Congress has been unfaithful and the Republican
leaders in congress have repudiated the party's policies
and promises as to other questions of serious importance
and are standing pat on violated faiths."
This fact furnishes a man like Raosevelt a pretty good
excuse to demand certain legislation mat he knows the
people want and need, and to go a little outside the strict
limits of his office to get it
What's -the-constitution rJ4-heeoptereSSy1rigras
Detween a legislating executive wno win serve tnem and
a congress that will not v
A DAY'S HOLIDAY TRIP.
M'
ORE AND MORE PEOPLE are every year find
ing their way on excursions up the 'river to the
Cascades and The Dallesbut the number who
find their way to Astoria -has not increased in proportion.
Nevertheless there is one of the most satisfying trips
which this whole1' country affords. Let some man who is
tired, worn and worried drop business for a day .and take
one of- the boats which leave here early in the morning
and reach Astoria late in the afternoon, touching, at
pretty nearly eirerypne of the way points, j Insensibly he
dropsIntdihe easy-goingnnVnhTr'Wing
time he reaches his down stream destination he has en
joyed the good effects pf a week's vacation. Then let
him come back the Same night, if he has only a day to
spare! and he is landed in Portland bright and early after
some experiences, that cannot fail to leave pleasant im
pressions on his memoTyr4 v- - ., : r. ; rr
r-The scenery all the way down the river isrinfinitely
varied, a constant" succession, of delights to every lover
of nature, from broad expanses of Water to snow-capped
mountain peaks and intermediate foothills is the most
msrvelously varied shades "of green. The charm of the
moonlight" or star-lighted nights is only exceeded by the
joys of early dawn when the river spreads like a sheet
pfglass before Jiim. 1 hire shen a dewy, freshness
about all nature" that is itiTimtely soothing. More and
more as time goes on people will take advantage of such
trips andi-lhe benefit which they-will gef from them
will "i 'hundred fold exceed the cbst.
A
ON THE THRESHOLD OF PEACE. -
FTER SIXTEEN .MONTHS of what may justly
be considered the most terrible war .known in
the bloody annals of the world's history, "the
bear that looks like a man" is making, his supplication
for. peace. The once powerful northern Colossus, "with
his"paws like hands in prayer" after a most desperate ef
fort to secure "the command of the waters of the Pacific
so urgently necessary to the consolidation of the peace
ful prosperity, not only of our o"wn, but of all Christian
nations," is ready to give up the ghost In entering
upon this final act of this greatest world drama of this
generation, Russia, in accordance with its time-honored
' ; ' . . ..r..4 - ' '
was one of three brothers. - He entered
the family bank, but soon realised that
Albany waa too small a Held for the de
velopment of his activity. He told his
father he had made up hla mind to go
to 'w JCork and to usf hla pwa words.
"be a small toad in a mg puaaie. me
father tried to dissuade him, but he said.
he realised that If he remained in Albany
he would never rise to anything above
what he waa then, a big toad In a small
puddle, but still nothing but an ordinary
country banker. 7 .
80 he came to New York in lt and
wont into business as stock broker. He
succeeded, and then went in" with Blake
Bros.,- who did a large business In com-H
mercial paper and roreign exenange.
After a while he set up in business for
himself, -making- speeialty of commer
cial paper. A partnership in the Arm
of Phelps, Stokes ft Co. followed,' and
it waa not until 1SSI that ha entered the
Central Trust company-: aa vice-president.
-
Then chanses mlkht seem to suggest-
that Mr. Olcotf 'transgressed at the vary
beginning of his career the rule ha lays
dawn-nowLthatihavlng-nnr.e started, In
a line 7 of business fa man must not
change. But' the very reverse Is true,
for each one of these changes waa "but
a part of a definite plan Mr. Olcott had
laid out for himself. It was his ambi
tion to become a great banker, and so he
decided, as a preliminary,' to master in
detail-every branch 4 of banking- and to
equip himself thoroughly before start
ing. ' . .. - .'-
"I determined that when I took a
salaried position in a bank I should have
nothing to learn, and that is why I spent
IT years in studying the details. The
result waa that when in 1881 I took my
first 'salaried position I had the banking
business at my fingers' ends."
"The work of the reorganixer Is like
that of a surgeon.tvien.a surgeon finds
a gangrened tissue hs takes his knife and
cuts It out, and the success of the opera'
tlon depends upon Hla daring to cut deep
enough to eradicate the disease. 80 with
the .reorganises of -a losing ..company.
when I have to reorganise a . railroad
IJook oyer, its expenses and Its receipts.
and the first thing I do la to cut the
expenses uuwn until iney are less tnn
the receipts. - This makes the securities
worth something. Railroads arid business
houses get . into- trouble in precisely the
same" way. as indlvlduals-by spending
mora than their incomes. Mismanage
ment is the secret of almost' all business
faHuree, and i when ' once strictly eco
nomical prlnotples are applied suoh cori-
eerns become profitable again. It some
tlmea takes -drastlo treatment and, aa
with individuals, it needs a brave man
to cut down Jhe expenses. But it has
to be dona if bankruptcy Is" to" be
avoided."
Among the, corporations that - have
pasaea unaer Mr. Olcott' s financial acal
pel, and been cured of their disease, are
the Philadelphia Reading railroad, the
Houston Tsxaa railroad, Denver -City
Cable road. Brooklyn Elevated railroads,
Third Arenue railroad. Brooklyn Wharf
A Warehouse . company, Pennsylvania
Coal company, Toledq, 8t,li0ula A-Jan
SaS Xlty raflroad. Cincinnati Northern,
Detroit' Toledo ft Milwaukee, and the
tnncrnnattTTaekson Mackinaw" "rail
roads. Ha refunded the state debt of
Virginia; with " August Belmont and
others ha founded the Bolivian syndicate.
and he was one of the organisers of the
(the
whiskey trust) and- 6f the United States
Keaity company.
But the history , of the Central Trust
company under Mr. Olcott'a manage
ment la tlTe greateit monument to his
business ability. Two years after" he
entered Its service he succeeded the late
Henry 7. Spauldlng as president. That
was In ISM. The company was by no
ineana moribund, but it had never been
a great Institution; it .had, gone along
paying .dividends of or 7 per cent, but
that was all. By 1887 It was paying It
per cent; In 1888 it paid 26; in 1890, 30;
from 1891 to 1888 it ptfld.f per cent each
year, and from 1890 to 102. 60 per cent.
In lSOt it paid, the biggest dividend a
trust company had ever paid, 80 per
cent. It was Mr. Olcott's strong man
agement that 'brought about this phe
nomenal, result, for ha controlled it ab
solutely. He was also a firm believer
in the BtbllcaTmaxlm:.- "Thou shalt not
mussle the ox that -treadeth - out the
00m," and every year recently - the em
ployee of the company have been re I tiniv ,.n w. t.-
aruta-n varwmu ume wuu riiu
equal to a whole year's salary. '
LMr-01cntt Is a director In M corpora-.
tlona. Including several banks and rail
roads. With all this vast masS of busi
ness Upon his , shoulders "he - has" aver
found time' to .enjoy himSHf. He has
a' splendid farm at Bernardsvtlle, New
Jersey, where he - grows rare flowers
and breeds fast horses. Trotting , horses
and - horticulture are- hls-tadsr-and - e
has owned some of the swlttetheaal
that ever drew sulkies- He is known
In Wan street aa a . bon vtvant and a
teller of good stories, and at Bernards
vtlle as a civic benefactor, for he founded
a library;, there, and rave the town a
splendid school, with 75 acres of play
ground, and though a staunch Protest
ant he gave 116.000 . to . help- build the
Roman Catholic church -of - Our JLady
Of Perpetual Help, It Is told . on , him
that one wintry day he noticed a laborer
onJiJfarnLratherinlyUdji'hen
he reached town hs sent tor his. tailor,
ordered him to go down to Bernards'
Tllle -and .r take - the 7 measure 6t svery
worker on hla plaoa. The result was
that in a few days each one of these
men found himself - the- possessor f
fine, heavy winter overooat.r . -
These incidents are -' mentioned to
show that with all his tremendous bus!
ness activity. Mr. Olcott has found time
for the finer and gentler things or lira
"The v reason -so msny bright' young
men remain clerks all their uvea." aaia
Mr. Olcdtt. "Is that they are content to
do lust their duty and let it go at that.
The man who la determined to get on
must ba always ready to take the place
ot the man next above him. Ha must
watoh Iht work of BIS Immediate BTipa
rlors in - order that when a vacancy
arises be may "be able to step in and do
the work at once. Too many fellows
close their desks as soon aa I o'clock
comes and scoot away' to play- billiards
uptown. The honestly ambitious young
man will be in' no hurry to get away,
but win find Dut if soma other fellow
needs a bit ot help and will stay awhile
to give it - By so doing ho is not only
earmi-nh-'fTtsndrtrp--ortha-mTieT--man1
but la learning for Jilmaslf. That niua
agement of labor unions today; they
stipulate that each man shall do a cer
tain amount of work and will not let
him do any mora: the consequence Is
t hs t thy route the - poorest- labor tha
standard, and prevent individuals who
have ability from rlslkg."
lb, Oloott Doaa Wot Believe la tuck.
They say that Roosevelt ao been
a lucky man., i aon 1 see iiai-wti
at all. - Roosevelt hammered .-away at
what hs thought was right and hs has
deserved all that haa coma to Mm. He
began In the stats- legislature the low
est placer-well, not tiuite the loweat,
for he was never sheriff of Erie eounty.
He advocated many measures which hla
party leaders didn't like, and he waa
not always on the popular side, either,
But he -worked for what he. believed
was right, and he earned his success
by honest determination. And Orover
Cleveland is another similar ease. Hera
are two men, neither, of whom had the
backing of the leaders of his party1 to
boom him before the public, each of
whom did many things that displeased
his party leaders and many, things that
pleased his political enemies, but each
of them did each day's work consclen
each reaped . high reward. Not from
luck in either case was the" reward, but
fren honest
"There is another word of advice I
should .(ike to give. to young . men;
Don't look backward. Thera Is no yes
terday. There Is a today: thera may
'be a tomorrow, but yesterday, la gone,
vanished, dead, and It Is no use to
regret what happened yesterday. Mn
come to me and say, 'Oh, if we had only
dune tills or that yesterday.Thst is
where I stop them by saying: Whst's
the use of talking stout thatT Wa
didn't do It and It Is no lata to do It
now. mi us ratner inins wnac wo snail
eo today r tomorrow.. If a man gate
t'lrx aDout the money he has lost h
will never make any mora. "Don't worrj
about it-.-- I,et it go. -Turn to something
else and ue the mistakes of yesterdav
only as stepping-stones to the suooeeses
or tomorrow.
-
Lawson rVas Mayor in Kentucky
1
O NI. 20 miles from Paducah,
Kentucky, Is ths little town of
Qrand Rivers, whlcH' wss built
by Thomas W. Lawson.
Here a dosen years ago numerous en
t em rises were started at a cost ag-gre-
S""f tinnnnnn TTAiUfrn and New
England capitalists were attracted owing
to, the mineral resources, and 'timber
lands of the surroundlngsountry. For
awhUe-thingalookedrosy Then came
a collapse, and the costly plants are
now crumbling Into valueless heaps.
W. W. Smith and Isaac Reeae, capital
ists of Nashville, visited the Grand
Rivers locality in 1887 to prospect. - It
hsd been made famous before the crvll
war for the Iron turned out at Kuttawa.
Smith and Reese found everything ideal
for making iron and finished products
from timber. Smith Started the Grand
Rivers Land ft Iron company, made
op principally of Tennessee capitalists.
The company failed in a year for want
of capital.
- The town wss dead, but In 1891 nr-
rafis-ements were made with Thomaa w,
Law son of Boston to take charge of the
company's affairs. His salary was nxea
at S1S.00O a year. Lawson was made
director of everything, even being em
power d"to7 act- 'Independently-ot Tthe
dtrsctora. , . . .
1 One ot his first steps after looking
over the situation was to organise the
Grand fivers Furnace., company. ..A
glowing picture of the future was
painted by Lawson. He told investors
that within a year he would have 10
mammoth iron furnaces In operation.'
- Work, waa started on the first and
only two furnaces erected. They were
called "twin1 furnaces," because both
were operated from one engine house.
Lawson estimated that they would cost'
1325,000, but the company was out 1650,
0Q0. While the furnace were belna nut
up he organised other CompsnlPath t gravel am
Grand Rivers Brick ft Tile company,
the Church Cart Manufacturing company
andthe.randjvsjritt
- v An .Asparagus Cooker.
- 1 From the Philadelphia Record! r
. And yet another help for the woman
who cooks. Everybody knows how dif
ficult Ibis to serve Asparagus with un
broken - stalks efUritb manner in
whicn-'momr partreulaT" Topis lika" to
see lt. For 11.25 thera la purchasable
an Idear asparams eooaer. 11 la oo
long, and is provided 'with a perforated.
tray, exactly fitting the bottom or the
cooker, upon which 1 . rests. This
tray,, however, has long handles which
hook over the edge or the cooker, by
means of which the tray with the as
paragus on it can eS..y ba raised,
superfluous water draining off through
ths perforations. Transfer, to a dish
Is sn easy matter, andtbe etui aw come
to the tabla perfect as when out- for
market ;,?'. k .
Newer than this device, and intended
for the woman who - would economise
by making ordinary pans do duty for
eonklng - ssphragus, , is a wire basket
which costs but 10 rents. It is shaped
like a barrel and ynu simply, Isy the
ssparsgua In and .hen immerse in
the water for cooking. It can ba Uftod
out - without any difficulty, draining,
ot course, being at onca accomplished.
. . . , ' 9 : . . .. .'
. Sentence Sermons.
By Henry T. Cope.
Faith does not fatten a fog.
e e ,
Modesty la the. mark of might
- -- - e e .,. .-.. ....
A petrified creed often goes with a
putty conscience. .
. e e '
Men who Intend to be good tomorrow
always die today.
e - e
Envying another's caka only spoils
our Own cookies. - . . ,
e
The fragrance of a life depends oa ths
fullness of its lova , - .
'fenceiTI'etwenuS
Faith ballds no
and our "fallows.
'..
It Is easy to all bur' Impulses his In-
aplration ", . ;
Religion by compulsion results in repulsion....-
.
-. e . .
- The heart gains no -rest through ths
gold carried on the breast ' . '
,.- -. '
God Walts for us somewhere on every
pathway of pain.
.. e e . '
. What most Chrlstlsns need' Is- not
mora assurance of (aith, but mora aa
sets, '. -
- ; - e e : .. v,
Men"heedr'ntw,-Tie8rtgtrBorw;---than
stronger harnesa
, e . e ''.!
Nowhere do .souls sour quicker than in
an lea box enure n. - .
- e e .
Life Is all song when one lives In
harmony, with the lnflnlta '
e e
It's no nee. agonising in prayer, for
the light-when you keep -the shutters
locked. , ' ;.
. The Sunday face that looks like lye
will not wssh out the sins of ths week,
e e v
Heaven haa feasts for noma coming
wanderers, but not so much as a hand
out for ths tramp, , , . .' .
e e .
The' man who can be patient with his
corns has a good chance n( glory, - ,
. . , e e ' -
Manr a maa wastes enough perspira
tion praying , for dimes to . earn tan
tlmea as many dollars. . ,.-
company. Each was Incorporated. Law.
son suoceeded in being made the presi
dent of each corporation.
The furnacea were started, but the
making of iron proved a failure, because
the company had no iron ore washes
na me ore was mixerfl larre v with
nt. 'l ne Iron "lui'nSA 1 nur
cost $90 a ton to manufacture and was
sold at II. The eompany ahut the plant
dowp. iji spite .of La wson'a protests. It
uaa . oeen run lu weeks. These fur
nacea were the best in ths country, and
the largest charcoal furnaces In the
wuna. - ...
vnen they were closed the interests
f the company were so Interlaced with
the other companies thst .every factory
n unna xvivars waa compelled to atop
business. - All the company's lands In
and about-Grand-Rivers were lost Law
son had. plunged hla backers into tre
mendous debt and he was forced out
While soma of the smaller concerns
could not jiay. the Grand Rivera com
pany, the main company, never re
pudiated an honest debt The town
site waa, lost to the company, and be
coming discouraged, the backers told
the furnace and all outside stands, IS -000
seres, to the Hlllmsn Land ft Iron
company fpr tm,000,Thla wasall
the Grand-Rivera company ever got
back of an expenditure of 11.200 000.
The people of Grand Rivers became
so attached to Lawson durlng--hla stay
that they elected him mayor. He bad
no right to the position, for ha was
neither a resident of Grand Rivers nor
of Kentucky. The cltlaens simply
wanted to help him In the upbuilding
of their town. . ; T -. r
The Promise of. the New Day.
Ralph Waldo Emerson,
Finish every dsy and have dona with
It For manners and for wise living- it
is k sin ;to remember. Tou hava done
what you could; some blunders and ab
surdities no doubt crept in; forget them
as soon, as you can. Tomorrow Is a
new day; you shall begin It welt and
serenely, with too high, a spirit to bs
cumbered with your old nonsense. This
hdny for all that Is good and if air. - It
is. too dear, with all Its hopes and ooeu
patlons. to waste a moment on the rot
ten yesterdays. ;,.'.
'Madr-Up-Tiea.
t.
From the Spectator.
There la nothing Inherently culpable
In wearing a made-up tie,- but undoubt
edly It necessitates considerable
strength of mind in a man to defend
the wearing of a made-up tie on any.
grounds except those of old sga. Not
to be able to tie a tie In, indeed, for the
reason probably that It Implies cluhisT
ness ot nature, a matter not resdlly ex
cused. C , K ... .. , ..
' A Dcrmon tor
V Today P
V
THE NARROW WAY
y Henry T. Oops. :
"Enter "tn by the narrow gats, for
wide ia ths gate and broad is the way- -that
leadeth to destruction, and many '
are they, that enter thereby. For nar
row la the gate and- straightened thr
way that leadeth unto life and few ars .
they that find It" Mat vii:ll. .: . ,
T HE eelf-cdnstltutsd ' saints have T"
' I ' ' spoiled a great deal of scripture. -,'JL
..k-J'hey have twisted, this- plain v
statement until, it has been maoa
a mMfi that' lh hAat ' avldjinpa nf r -'
llgion Is a cramped heart and a atarved
intellect Men who have been so Sin-. '
gular that even saints who lived with
them soon became sinners hava taken
their uniqueness ss proof of their holi
ness. And churches hava narrowed their .
creeds and shriveled their sympathies In '
order to prove their conformity to tha '
Lord's suppossd precepts by their eon- ' .
traaictioa or his. known practice. .
But tha plain, thoughtful man of tha .
world knows that Jesus never made a ,
mora accurate statement of every day '
fact than this. He la not speaking of a
church or of religion aa a specialty in
life: he la talking slnrply about Irving
and tha two ways that men live. - Hs is
stating ons of tha most evident laws of '
Ufe.end suggesting appropriate-action.
Is tt not a .faat that there la entrance
and room for every one who drifts Into -
the way of deterioration? '.Are not tha
crowded ways tha ways where the fall- '
ures walk? Asa not tha narrow, difficult .
paths those where tha seekers after r1
success el ImbT . . ; - ,
Tha road to destruction, to failure. le
not broad because the Almighty laid It
out that way., making It like an Inviting .
boulevard -that , seemed to -say - to -all, -
"this Is the way; walk-ye In lt' It la
broadbecauae jhe manyjiava-tjodilen it , ... I
down and widened it out.- It la tha way
the many drift, t You do not have to
look long to find a way to fall. Follow
tha line of least resistance, and you will
not be lonesome therein. ; 7 -
And is not ths teacher right . when "he ".
saya that the road to larger , life Is a
hard one, that no one enters it by acci
dent, and that 'but a few toll up its '
craggy wayT Tat we know that that ia - .:
ths beet wayr-The path of pain alone.,
leads t perfection.. i
But it Is not the number in tha road
that makea either right or wrong; .that
1 The direction determtnee the number .
who walk therein. .Virtue la not virtue -because
it Is rare, but because It Is hard. '
and this la the reason It Is rare.
Why was not ths right road nrada the -
easy onef Because virtue without vic
tory would cease .to .be virtue. The
value of a good deed la not In Itself, but
In tha contribution it makea to ekar-
eoter.- To be right ta mora -than- do
th exact thing; It Is to have -overcome
soma wrong, to hava made yet again
soma choice, aoma decision, that deter
mines ths trend of life. Character is
not a prise awaiting at tha goal; it Is -
created within you by tha very hardness ...
of the way. r- r t - ;
Tha law of tha narrow gate sTnd the .
ptralghteneLwsyla writ tenovlJlU
lire. 1 up through struggle coma the .
forma of plant and animal existence thst.-.
find enduring life, tha ones that Sut-vive.
t'p through- opposition end revolution,
bloodshed and agony,-come tha nations .
that -, find Ufa,.., No. man reckons . the
many that have gone down. - t'p through
hardahlpe.- toll.-self-denlalsr-opposition,
bitter - struggles wlth himself, comes
ths man who finds Ufa, who becomes a
man Indeed." ..
This is Christ's call to success, to
character, the only enduring and aatls-,
rylng success. Don't think, he says.
that tha way to this is so easy that you
are going to drift Into It. Tou must
seek it with care.. If you would really
have-Ufa - you - must- make living - the ,
largest business you have on JispiLL-Iou I
ill not become successful in your
sleep. Tou could not become success
ful In so little a thing s making money
by following the plan of letting things
slide; how much less can you succeed
In making .manhood without effort?
Yrotl and trial lead to triumph: they
make it Obstscles are Invltatlona to the .
man seeking lifethe narrow gats and
the straightened way challenge them.
Christ saya, enter this path, not because
It is pslnful,, hut because Its prises are
so great , Only as long as ws strive do
of deat
live. The path of dalliance la that
h
llYMNS .YOU OUGHT
-7TOTtNOW;
'The Noble' Army.'
, By lhop Xeker.
This is -another of the popular hymns
of-that great writer of religious-lyrics.
Reginald . Heber, missionary bishop and
poet. Many have remarked the paucity
of Christian hymns of aotlon, suited to
the feelings Of men. This hymn,-there-fore,
with Its direct appeal to the motor
temperament ia worthy of special no
tice, for on thla account it haa always
been popular with young men. In col-.,
lege chapel It la probably used more fre
quently than any other hymn, while -tn
all servlcea It Is a familiar processional
and a areat favorito , with the people:
The Son of God goes forth to war.
A kingly crown to gain. J-
Hls blood rsd bannsr stream afar.
Who follows in hi traint ' ". : . .
Who best can drink his cup of woe, -
Triumphant over pain; - - .
Who patient bears his cross below,. ( '.
Hs follows in his train, x
. .. ..." ; , . ... k- . J.J ;
Ths martyr first, whoss sagla eye
Could pierce beyond the grave, '
Who saw hia Master. In the sky,.:
And called on him to sava
Llka him, with pardon on hla tongue, '
In midst ot mortal pain, - .-1
He prayed for them who djd the wrongs -
Who follows la his train T
A glorious band, ths chosen few ; '
On whom tha Spirit cam, -
Twelve valiant saints, their hop they
t . ' knw, ,
And mocked the cross and flams. -
They met the tyrant'a brandished steel.
The lion's gory roane; .
They bowed their neck tha death. te
.Xeeil .. ' ." . .
Who follow in 4hlr traint '. 1
A noble army, merr and boy,
The matron and the maid.
Around th Savior's throne rejoice, - -
in rone or light arrayed. . . . ' '
They climbed the steep s scent of heaven
Through pern, toil and pain.
Q God, to us may grace be glveo
to roiiow in their train.
'I-
Tha best frlead Is not th on wh
gives ns most cold essh, but th one
who Imparts most warm cheer.
T
1 .,